10:29     HUALING<00382> - Announcement & Resumption (10)                     

    (both dates inclusive), bear the risk that the Rights Issue may           
    not become unconditional or may not proceed.                              
                                                                              
    Any Shareholders or other persons contemplating dealing in the            
    Shares or nil-paid Rights Shares are recommended to consult their         
    own professional advisers.                                                
                                                                              
    CHANGES IN SHAREHOLDING STRUCTURE                                         
                                                                              
    Set out below are tables showing the changes in shareholding              
    structure of the Company arising from the Rights Issue:                   
                            Immediately after the                             
                            Rights Issue and if Midea                         
                            International is required                         
                            to take up all Rights                             
                            Shares pursuant to                                
            Immediately after the   Immediately after       the Underwriting  
            Rights Issue and if all the Rights Issue and if                   
            Agreement                                                         
            Shareholders take up     Midea International is (assuming         
    all of                                                                    
            their respective        required to take up     the outstanding   
    Existing shareholding   provisional     all Rights Shares       share     
    options granted by                                                        
    structure as at allotments of   pursuant to the the Company               
    are                                                                       
    the date of     the Rights Shares       Underwriting    exercised on or   
    before                                                                    
    this announcement       in full Agreement       the Record Date)          
    Number of       %       Number of       %       Number of       %         
    Number of       %                                                         
    Shares          Shares          Shares          Shares                    
                                                                              
    Midea International, its associates                                       
      and parties acting in concert with it 670,076,808     42.20             
            1,675,192,020   42.20   3,052,131,420   76.88   3,053,571,420     
            76.868                                                            
    Director                                                                  
    Chan Wai Dune   1,000,000       0.06    2,500,000       0.06    1,000,000 
            0.025   1,000,000       0.025                                     
    Guangzhou Baiyun Agriculture Industry                                     
      & Commerce Corporation        162,960,000     10.26   407,400,000       
            10.26   162,960,000     4.105   162,960,000     4.102             
    Other public Shareholders       753,999,600     47.48   1,884,999,000     
            47.48   753,999,600     18.99   753,999,600     18.981            
    Holders of the outstanding share options        -       -       -       - 
         -       -                                                            
            960,000 0.024                                                     
                                                                              
                                                                              
    Total   1,588,036,408   100.00  3,970,091,020   100.00                    
            3,970,091,020   100.00  3,972,491,020   100.00                    
                                                                              
                                                                              
    The Company and Midea International will jointly undertake to             
    the Stock Exchange that the Company and Midea International will          
    take appropriate steps, including but not limited to the placing          
    down of the Shares held by Midea International within a                   
    reasonable period of time as permitted by the Stock Exchange,             
    after the completion of the Rights Issue to ensure not less than          
    25% of the Shares are held by the public at all times in order            
    to comply with the minimum public float requirement under Rule            
    8.08 of the Listing Rules.                                                
                                                                              
    EXPECTED TIMETABLE                                                        
                                                                              
    The expected timetable for the Rights Issue set out below is              
    indicative only and it has been prepared on the assumption that           
    the Rights Issue will be approved by the Shareholders at the              
    EGM. The expected timetable is