DGAP-CMS : Haier Smart Home Co.,Ltd.: Announcement on the Progress of the Core Employee Stock Ownership Plan

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 the Progress of the Core Employee Stock Ownership Plan 
2021-07-21 / 16:09 
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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Announcement on the Progress of the Core Employee Stock Ownership Plan 
Qingdao / Shanghai / Frankfurt, 21 July 2021 - Haier Smart Home Co., Ltd. (the "Company" or "Haier Smart Home", D-Share 
690D.DE, A-Share 600690.SH, H-Share 06690.HK) convened the 19th meeting of the Tenth session of the Board and the 15th 
meeting of the Tenth session of the Supervisory Committee on 25 May 2021, and convened the 2020 annual general meeting 
on 25 June 2021, considered and approved the relevant proposals, such as the A-share Core Employee Stock Ownership Plan 
of Haier Smart Home Co., Ltd. (2021-2025) (Draft) and its Summary (hereinafter referred to as "A-share Core Employee 
Stock Ownership Plan"), the H-share Core Employee Stock Ownership Plan of Haier Smart Home Co., Ltd. (2021-2025) 
(Draft) and its Summary (hereinafter referred to as "H-share Core Employee Stock Ownership Plan"). The Company agreed 
to implement A-share Core Employee Stock Ownership Plan (2021) and H-share Core Employee Stock Ownership Plan (2021). 
For details, please refer to the Company's announcement published on the website of Shanghai Stock Exchange 
(www.sse.com.cn) on 26 May 2021 and 26 June 2021 by the Company. The First Holders' Meeting of the A-share Employee 
Stock Ownership Plan (2021) and the First Holders' Meeting of the H-share Employee Stock Ownership Plan (2021) are 
convened on 7 July 2021, considering and approving the relevant proposals, such as the Management Measures of A-share 
Core Employee Stock Ownership Plan of Haier Smart Home Co., Ltd. (2021), and the Management Measures of H-share Core 
Employee Stock Ownership Plan of Haier Smart Home Co., Ltd. (2021). For details, please refer to the Company's 
announcement published on the website of Shanghai Stock Exchange (www.sse.com.cn) on 8 July 2021 by the Company. 
Pursuant to relevant requirements of the Company Law of the People's Republic of China, the Securities Law of the 
People's Republic of China, the Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plan by Listed 
Companies, and the Information Disclosure Guideline on Employee Stock Ownership Plan of Listing Companies issued by the 
Shanghai Stock Exchange and other lows, administrative regulations and normative documents, the Company hereby 
announces the implementation progress of A-share Core Employee Stock Ownership Plan(2021) and H-share Core Employee 
Stock Ownership Plan(2021) as follows: 
A-share Core Employee Stock Ownership Plan(2021) and H-share Core Employee Stock Ownership Plan(2021) has been 
entrusted to the Industrial Securities Assets Management Co., Ltd., which is conducted by establishing the Single Asset 
Management Plan of the Industrial Securities Assets Management Xinzhong No.5 Employee Stock Ownership of Haier Smart 
Home, and the Single Asset Management Plan of the Industrial Securities Assets Management Xinzhong No.6 Employee Stock 
Ownership of Haier Smart Home respectively, and have completed the filing and opened corresponding securities accounts. 
The following procedures will be handled in accordance with the attached procedures: 
(1) Pursuant to A-share Core Employee Stock Ownership Plan, the total amount of funds to participate in the A-share 
Core Employee Stock Ownership Plan of 2021 is RMB708 million. As the source of shares is the proposed transfer of 
shares repurchased from the designated securities repurchase account of Haier Smart Home, and the transfer price of 
such shares shall be determined in accordance with the average price of the accumulated repurchased shares in the 
repurchase account, the exact number of such repurchased shares will be determined in accordance with their average 
trading price at the time of their transfer. As of the date of disclosure in this announcement, the Company has 
repurchased 71,838,966 shares in its dedicated securities account at an average repurchase price of RMB 27.79 per share 
(including transaction fees, etc.). 
Based on this calculation, the A-share Core Employee Stock Ownership Plan (2021) will purchase 25,440,807 shares from 
the designated securities repurchase account of the Company, at an average purchase price of RMB27.79 per share, with 
an amount of RMB707,000,026.53 (excluding related fees and taxes). The Company will handle the non-trading transfer 
procedures of the shares at the aforementioned price and number of shares in the near future. 
(2) Pursuant to H-share Core Employee Stock Ownership Plan, the total amount of funds to participate in the H-share 
Core Employee Stock Ownership Plan of 2021 is RMB90 million. Source of shares under the Employee Stock Ownership Plan 
shall be H-share of the Company acquired through the Shanghai-Hong Kong Stock Connect on the secondary market by the 
Asset Manager. The Asset Manager, the Industrial Securities Assets Management Co., Ltd., shall complete the purchase of 
the Target Shares within 6 months after passing of the resolution at the general meeting. 
The Company will promptly perform subsequent information disclosure obligations in accordance with relevant laws and 
regulations. Investors are advised to pay attention to risks. 
Note: This Announcement has been prepared in both Chinese and English. Should there be any discrepancies or 
misunderstandings between the two versions, the Chinese version shall prevail. 
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: [phone] 
F: [phone] 
M: [phone] 
Email: [e-mail] 
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2021-07-21 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 
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1220756 2021-07-21

 
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July 21, 2021 10:10 ET (14:10 GMT)