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.: Release according to Article 50 of the WpHG [the 
German Securities Trading Act] with the objective of Europe-wide 
distribution 
 
2021-01-12 / 11:35 
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. 
 
*Announcement pursuant to Section 50 para. 1 no. 2 German Securities Trading 
Act (WpHG)* 
 
*Announcement on the Adjustment to Conversion Price of the Bonds* 
 
*Qingdao / Shanghai / Frankfurt, 12 January 2021 - *Haier Smart Home Co., 
Ltd. (the "*Company"*, D-share 690D.DE, A-share 600690.SH, H-share 
06690.HK) published an announcement on Hongkong Stock Exchange on the 
adjustment to conversion price of the bonds (Stock code 5024, ISIN 
XS1716796641). Reference is made to the listing document of Haier Smart Home 
Co., Ltd. dated 16 November 2020, in relation to the HK$8,000,000,000 Zero 
Coupon Guaranteed Exchangeable Bonds due on 21 November 2022 (now referred 
to as HK$8,000,000,000 Zero Coupon Guaranteed Convertible Bonds due 2022 
convertible into the ordinary H-shares of the Company, the "*Bonds"*). 
 
Pursuant to Condition 6(a)(iii)(B) and Condition 6(d)(ix) of the terms and 
conditions of the Bonds, the Company hereby announces that the conversion 
price per share in effect on the initial adjustment date (being 12 January 
2021) shall be adjusted from approximately HK$19.5961 to approximately 
HK$18.8369 (the "*Adjustment"*). The conversion ratio (calculated by way 
of illustration based on each HK$1,000,000 principal amount of Bonds) is 
53,087.3586. 
 
Apart from the Adjustment, all other terms and conditions of the Bonds will 
remain unchanged. As at the date of this announcement, HK$7,993,000,000 in 
aggregate principal amount of the Bonds remains outstanding. 
 
As at the date of this announcement, the total number of the issued shares 
of the Company is 6,308,552,654 A-shares, 271,013,973 D-shares and 
2,448,279,814 H-shares. Following the Adjustment and assuming full 
conversion of the Bonds, the Bonds will be convertible into 424,327,258 
H-shares, representing approximately 4.70% of the issued share capital of 
the Company as at the date of this announcement and approximately 4.49% of 
the issued share capital of the Company as enlarged by the issuance of such 
shares (assuming that there is no other change to the issued share capital 
of the Company). 
 
*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: +49 6172 9454 143 
F: +49 6172 9454 42143 
M: +49 160 9469 3601 
Email: y.sun@haier.de 
 
2021-01-12 The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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 
 
1159994 2021-01-12 
 
 

(END) Dow Jones Newswires

January 12, 2021 05:35 ET (10:35 GMT)