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Haier Smart Home Co.,Ltd.: Announcement on Connected Transactions - Acquisition of Equity Interests in the Target Companies

10/29/2021 | 11:43am EST

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.: Announcement on Connected Transactions - Acquisition of Equity Interests in the Target Companies 2021-10-29 / 17:42 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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Haier Smart Home Co.,Ltd.: Announcement on Connected Transactions - Acquisition of Equity Interests in the Target Companies

Qingdao / Shanghai / Frankfurt / Hongkong, 29 October 2021 - Haier Smart Home Co., Ltd. (the "Company" or "Haier Smart Home", D-share 690D.DE, A-share 600690.SH, H-share 06690.HK) today published a mandatory announcement in accordance with applicable trading rules of the Shanghai Stock Exchange and applicable PRC laws in relation to the acquisition of Equity Interests in the Target Companies.

The Company and Haier Group entered into the Equity Transfer Agreements, pursuant to which, the Company agreed to acquire and Haier Group agreed to sell the equity interests in the Target Companies as per below:

- 10% in Haier (Dalian) Refrigerator Co. Ltd.;

- 3.94% in Qingdao Haier Special Freezer Co. Ltd.;

- 100% in Qingdao Haier Quality Testing Co. Ltd.

As at the date of this announcement, Haier Group holds, directly and indirectly, approximately 34% of the voting rights in the Company, therefore, Haier Group is the controlling shareholder and a Connected Person of the Company.

The announcement is fully available at: https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1029/2021102902550.pdf IR Contact: Haier Smart Home Hongkong T: +852 2169 0000 Email: ir@haier.hk Contact Press: CROSS ALLIANCE communication GmbH Sven Pauly Sara Pinto sp@crossalliance.de T: +49 (0) 89 1250903 35

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2021-10-29 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:     smart-home.haier.com 
 
End of News   DGAP News Service 
=------------ 

1244947 2021-10-29

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1244947&application_name=news

(END) Dow Jones Newswires

October 29, 2021 11:42 ET (15:42 GMT)

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