DGAP-News: Haier Smart Home Co.,Ltd.: Indicative Announcement on Continuous Suspension of Trading of Converted Stocks upon Implementation of the Equity Distribution Plan

Indicative Announcement on Continuous Suspension of Trading of Converted Stocks upon Implementation of the Equity Distribution Plan

Qingdao / Shanghai / Frankfurt, 29 July 2019 - Haier Smart Home Co., Ltd. (formerly known as Qingdao Haier Co., Ltd.) (D-Share ISIN CNE1000031C, A-Share ISIN CNE000000CG9, "Haier Smart Home" or the "Company") published a mandatory announcement in accordance with applicable trading rules of the Shanghai Stock Exchange and applicable PRC laws in relation to the Indicative Announcement on Continuous Suspension of Trading of Converted Stocks upon Implementation of the Equity Distribution Plan.

The conversion of convertible bonds into stocks of the Company will be suspended during the period from the trading day prior to the date of the equity distribution announcement (1^{August 2019) to the record date.}

Holders of convertible bonds of the Company who wish to be qualified for equity distribution may convert the convertible bonds into converted stocks on or before 31 July 2019. For detailed conversion requirements, please refer to Qingdao Haier Co., Ltd. Announcement on Commencement of Conversion of Haier Convertible Bonds as of 18 June 2019.

For further information, please see the Announcement on the Indicative Announcement on Continuous Suspension of Trading of Converted Stocks upon Implementation of the Equity Distribution Plan published on the Company's website under http://www.haier.net/en/investor_relations/haier/gsgg/.

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 developed three platforms - the cloud-based platform U+ Smart Life, which offers customers integrated smart home solutions, the smart manufacturing platform COSMOPlat, which enables customized mass production, and the online platform Shunguang, which 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: +49 6172 9454 143
F: +49 6172 9454 42143
M: +49 160 9469 3601
Email: y.sun@haier.de