DGAP-CMS: Haier Smart Home Co.,Ltd.: Miscellaneous Announcements

DGAP Post-admission Duties announcement: Haier Smart Home Co.,Ltd. / Third country release according to Article 50 Para. 1, No. 2 of the WpHG [the German Securities Trading Act]
Haier Smart Home Co.,Ltd.: Miscellaneous Announcements

29.04.2021 / 18:30
Dissemination of a Post-admission Duties announcement according to Article 50 Para. 1, No. 2 WpHG transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Third country release pursuant to Section 50 para. 1 no. 2 German Securities Trading Act (WpHG)

Miscellaneous Announcements

Qingdao / Shanghai / Frankfurt, 29 April 2021 - Haier Smart Home Co., Ltd. (the "Company" or "Haier Smart Home", D-Share 690D.DE, A-Share 600690.SH, H-Share 06690.HK) published several mandatory announcements in accordance with applicable trading rules of the Shanghai Stock Exchange and applicable PRC laws. The announcements consist of the following documents and are in full available at:
https://smart-home.haier.com/en/ggyxw/

I. Announcement on Resolutions of the 18th Meeting of the Tenth Session of the Board of Directors

The following proposals have been approved by the attending directors:

1. 2021 First Quarterly Report of Haier Smart Home Co., Ltd.

2. Proposal on Re-appointment of PRC GAAP Auditor

3. Proposal on Re-appointment of IFRS Auditor

4. Proposal on Renewal of the Financial Services Framework Agreement and its Expected Connected Transaction Limit with Haier Group and Haier Finance

II. Announcement on Resolutions of the 14th Meeting of the Tenth Session of the Board of Supervisors

The following proposals have been approved by the attending supervisors:

1. Report on the Review Opinions of '2021 First Quarterly Report of Haier Smart Home Co., Ltd.'

2. Proposal on the Renewal of the Financial Service Framework Agreement with Haier Group Corporation and the Estimated Amount of Related Party Transactions

III. Announcement on Re-appointment of Auditors

Hexin Certified Public Accountants LLP (PRC GAAP auditor) and HLB Hodgson Impey Cheng Limited (IFRS auditor) were proposed to be reappointed. The proposal was raised by the Audit Committee under the Board of Directors and reviewed and approved the independent directors and the board of Directors. They agreed to submit the proposal to the Annual General Meeting for consideration and approval.

IV Announcement on Renewal of the Financial Services Framework Agreement and its Expected Related Party Transaction Limit with Haier Group and Haier Finance

Reference is made to the Financial Services Framework Agreement entered into between the Company and Haier Group. Given that the Financial Services Framework Agreement will expire on the date of the 2020 AGM and the Company will continue to conduct such transactions subsequent to the 2020 AGM, therefore the Company, Haier Group and Haier Finance Co., Ltd. ('Haier Finance'), entered into the New Financial Services Framework Agreement on 29 April 2021 for a term of three years commencing from 25 June 2021 to 31 December 2023, pursuant to which Haier Group and its associates, mainly Haier Finance, agreed to provide financial services to the Group time to time on a non-exclusive basis from.
As at the date of this announcement, as Haier Group holds, directly and indirectly, 33.94% of the voting rights in the Company, therefore, Haier Group is the Controlling Shareholder of the Company and becomes a connected person of the Company. Consequently, the transactions contemplated under the New Financial Services Framework Agreement constitute continuing connected transactions of the Company according to relevant rules and regulations in China.
The New Financial Services Framework Agreement is subject to consideration and approval at the AGM this year.

About Haier Smart Home Co., Ltd.:

Haier is one of the world's leading manufacturers of household appliances with a focus on smart home solutions and customized mass production. Haier Smart Home Co., Ltd. develops, produces and distributes a wide range of household appliances. These include refrigerators, freezers, washing machines, air conditioners, water heaters, kitchen appliances as well as smaller household appliances and an extensive range of intelligent household appliances. The Company distributes its products through leading household brands such as Haier, Casarte, Leader, Candy, GE Appliances, AQUA and Fisher & Paykel. Haier Smart Home Co., Ltd. has launched Smart Home Experiential Cloud, which connects homes, users, enterprises and ecosystem partners, and facilitates the integration of Haier's online, offline and micro-store businesses and supports user interaction to further optimize the user experience.

IR Contact:

Yao Sun (Sophie) - Haier Smart Home Germany
T: [phone]
F: [phone]
M: [phone]
Email: [e-mail]

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29.04.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:	English
Company:	Haier Smart Home Co.,Ltd.
	Haier Industrial Park, Laoshan District
	266101 Qingdao
	China
Internet:	www.haier.net

End of News	DGAP News Service

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1190784 29.04.2021