Indicative Announcement on Haier Electronics Group Co., Ltd., a Holding Subsidiary of the Company, Releasing its 2019 Annual Results

Qingdao / Shanghai / Frankfurt, 26 March 2020 - Haier Smart Home Co., Ltd. (formerly known as "Qingdao Haier Co., Ltd.", D-Share ISIN CNE1000031C1, 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 Haier Electronics Group Co., Ltd., a Holding Subsidiary of the Company, Releasing its 2019 Annual Results.

Haier Electronics Group Co., Ltd. (a company listed on the Hong Kong Stock Exchange with stock name: HAIER ELECTRONICS and stock code: 01169.HK, and the Company held 45.87% of equity interests in Haier Electronics as of 31 December 2019), a holding subsidiary of the Company, will release its 2019 annual results after the market close on 26 March 2020.

Investors are reminded to pay attention to the disclosure of Haier Electronics on the website of Hong Kong Stock Exchange (http://www.hkexnews.hk/index_c.htm) at that time.

It is hereby notified the above.

(The Board of Directors of the Company and all members of the Board warrant that there are no false representations, misleading statements and material omissions in this announcement, and are severally and jointly responsible for the authenticity, accuracy and completeness of the content herein.)

The Board of Directors of Haier Smart Home Co., Ltd.

26 March 2020