The board of directors of Hisense Kelon Electrical Holdings Company Limited received the resignation from Mr. Tian Ye, a director and the president of the company, that due to job rearrangement, Mr. Tian Ye resigned as a director and the president of the company. Mr. Tian Ye, at the same time, resigned as a member of the Strategic Committee of the board of directors and the authorized representative of the company with effect from 27 January 2016. The board of directors of the Company has accepted the resignation of Mr. Tian Ye and expresses its gratitude to him for his contribution to the company during his tenure of office.

Mr. Tian Ye has confirmed to the board of directors of the company that he has not had any disagreement with the board of directors of the company during his directorship and there is no other matter that need to be brought to the attention of the holders of the securities of the Company and The Stock Exchange of Hong Kong Limited. Following the resignation of Mr. Tian Ye as a director of the company, Mr. Tian Ye ceased to be the president of the company and Mr. Dai Hui Zhong has become the president of the company in his stead with effect from 27 January 2016 and his term of office will expire at the end of the ninth session of the board of directors of the company (that is, 25 June 2018). Mr. Jia Shao Qian has become the authorized representative of the company in Mr. Tian Ye's stead with effect from 27 January 2016.