Haier Smart Home Co., Ltd.*
海爾智家股份有限公司(a joint stock company incorporated in the People’s Republic of China with limited liability)

2022 THIRD QUARTER REPORTThe financial data of the Company for the third quarter of 2022 have been prepared inaccordance with the China Accounting Standards for Business Enterprises and are
unaudited. Net profit attributable to owners of the Company and equity attributable toowners of the Company in the consolidated financial statements are not different fromthose financial data prepared under the International Financial Reporting Standards.

–1–

Important Notice:
The board of directors (the “Board”), the board of supervisors, directors, supervisors, and senior management of
the Company hereby assure that the content set out in the quarterly report is true, accurate and complete, and free fromany false record, misleading representation or material omission, and are individually and collectively responsible forthe content set out therein.
The legal representative of the Company, chief financial officer of the Company and person in charge of accounting
department hereby certify that the financial information set out in the quarterly report is true, accurate and complete.
Whether the third quarterly report has been audited or not□Yes √No
I.
(I)

Items

Key Financial Information
Major accounting data and financial indicators

During theReporting
PeriodFor the corresponding period of lastyear

BeforeOperatingrevenue
Net profit
attributable toshareholdersof the listed
Company
Net profit after
deduction of
non-recurring
profit or loss
attributable
to shareholdersof the listed
Company
Net cash flowfrom operating
activities

Unit and Currency: RMB

Year-on-yearincrease/decreaseduring theReporting Period
(%)
After

adjustment

After adjustment

62,891,243,547.88

58,344,749,484.03

57,902,786,814.05

8.62

3,716,522,018.59

3,082,339,695.41

3,089,857,630.90

3,730,558,477.25

2,785,809,654.46

N/A

N/A

From thebeginning of theyear to the end of
the Reporting
Periodadjustment

For the corresponding period of lastyear

Year-on-yearincrease/decrease
from thebeginning to theend of theReporting Period
(%)
After

Before adjustment

After adjustment

184,748,766,010.10

169,963,571,548.76

169,630,543,025.11

8.91

20.28

11,665,606,491.29

9,934,611,508.38

9,948,760,485.45

17.26

2,785,809,654.46

33.91

11,221,252,182.63

9,055,716,061.18

9,055,716,061.18

23.91

N/A

N/A

11,205,073,837.77

13,359,284,075.18

13,431,006,331.74-16.57–2–

adjustment

Basic earnings
per share(RMB pershare)
Dilutedearnings per
share (RMB
per share)
Weighted
average returnon net assets
(%)

0.40

0.33

0.33

21.21

1.25

1.07

1.07

16.82

0.39

0.33

0.33

18.18

1.24

1.06

1.06

16.98

3.91

4.00

3.98

13.15

13.29

13.27

Decrease of 0.07
percentage points

Decrease of 0.12
percentage points

Increase/decrease at the end of the
At the end of last year

At the end of the Reporting Period

Reporting Period compared to theend of last year (%)

Before adjustment

After adjustment

After adjustment

Total assets

229,607,654,027.10

217,459,494,212.74

217,745,933,577.31

5.45

Owner equity
attributable toshareholdersof the listed
Company

91,701,820,532.75

79,810,927,325.55

79,988,404,863.61

14.64

Note:

“Reporting Period” refers to the three-month period commencing from the beginning of this quarter to the endof this quarter.

Reasons for retrospective adjustment or restatement:
During the Reporting Period, the Company had a business combination under common control (acquisition of
the entire equity interest in Qingdao Haier Special Plastics R&D Co. Ltd.), and therefore certain financial
information were adjusted retrospectively in accordance with the Accounting Standards for BusinessEnterprises.
During the Reporting Period, the Company seized the growth opportunity from product innovation and model
innovation; leverage high-end brand and three-in-one market layout to grow global market share; accelerated
digital transformation to enhance user experience and operational efficiency throughout the entire value chain;in order to achieve steady growth with improving profitability despite external uncertainties and challenges.
Key Performance Indicators
I. Revenue and profit
In the first three quarters of 2022, the Company recorded a revenue of RMB184.749 billion, net profit
attributable to the owners of the Company of RMB11.666 billion, net profit after deduction of non-recurring
profit and loss items attributable to the owners of the Company of RMB11.221 billion, representing an increaseof 8.9%, 17.3% and 23.9% respectively, as compared to the corresponding period in 2021.
In the third quarter, the Company recorded a revenue of RMB62.891 billion, net profit attributable to theowners of the Company of RMB3.717 billion, net profit after deduction of non-recurring profit and loss items
attributable to the owners of the Company of RMB3.731 billion, representing an increase of 8.6%, 20.3% and33.9% respectively, as compared to the corresponding period in 2021.

–3–

（I）
）Smart Home Businesses in China
During the Reporting Period，the Company achieved solid results by enhancing user experience andimproving operational efficiency.
Firstly, the Company upgraded the high-end brands and scenario solutions to maximize user value: Casarte
brand has been enhancing comprehensive product sets and line-up of solution packages. The Company also
strengthened presence in shopping malls and home building material channel to increase brandcompetitiveness, expanded network coverage of Three-Winged Bird scenario brand while establishing user
reputation by improving 1+N service capabilities and smart home scenario experience. The Company also
accelerated development in new categories with 89% year-on-year growth in tumble dryers, over 20% growthin dishwashers and 120% growth in robotic cleaners.
Secondly, the Company promoted efficient traffic-acquisition and conversion to improve users’ loyalty withgreater rate of repeated purchase and pressed ahead with integration of distribution network, sales network,
logistics network and service network, while focusing on platform-based digital transformation to improveuser experience and operational efficiency.
1. Household Food Freshness and Cooking Solutions (Internet of Food)
Refrigerator and Freezer businessAccording to CMM, the Company strengthened the leadership in refrigerators, with 43.8% retail sales market
share offline in the first three quarters of 2022, up by 2.4 percentage points year-on-year, and with 39.1% retailsales market share online.
During the Reporting Period，the refrigerator segment continued technology innovations in preservation andhome furnishing integration. Seamless built-in technology helped the sales of built-in refrigerators increaseby 180% year-on-year in the third quarter. Based on the concept of complete integration with cabinet, theCompany launched Casarte 505 series with 6 built-in designs that perfectly fit cabinets and cupboards, creatinga new generation of kitchen design standards and contributing to high-end market share growth. According to
CMM, Casarte’s market share in refrigerators priced above RMB15,000 increased by 3.3 percentage points to
45% offline.
Kitchen Appliance BusinessAccording to CMM, by retail revenues, the Company’s market share in kitchen appliance was 8.3% offline in
the first three quarters of 2022, up by 1.2 percentage points year-on-year, while Casarte’s market share grewby 69% to 5.2% offline.
During the Reporting Period, the Company focused on strengthening the competitiveness of the high-end
product set solutions. Casarte brand accelerated expansion in home improvement channels by establishing 274
new Three-Winged Bird smart kitchen stores to capture the growth opportunity from consumption upgrade.
Haier brand focused on online channels, lower-tier e-commerce channels and rural channels by entering 1,900
stores in towns and villages, seizing the opportunities from kitchen appliances penetration increase andproduct replacement.

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2. Household Laundry Solutions (Internet of Clothing)According to CMM, the Company continued to lead the industry in the first three quarters of 2022: Haier’s
retail sales market share reached 46.3% offline, up by 2.7 percentage points year-on-year while market sharereached 40.2% online; and high-end market share (units priced above RMB10,000) reached 76.8%. Market
share of tumble dryers amounted to 39.3% offline and 29.6% online, up by 5.8 and 4.1 percentage points yearon-year, respectively.
During the period, the Company committed to product innovation focusing on user demand and rapidly
expanded into new channels. The Company launched Essence washing machine equipped with a mixing
chamber for optimal dispensing and mixing of of detergent and water, this liquid is immediate sprayed topenetrate fabric fibres using high-pressure technology to achieve effective dirt removal, thus saves time,
reduce water and electricity consumption, as well as wear& tear. Xinxiannuo (新纖諾) dryer drove theCompany’s market share in tumble dryers priced above RMB10,000 to 47.2%. The Company concentrated on
expanding into building materials channel, shopping malls, and new e-commerce platforms to capture growth
opportunities.
3. Air Solutions
Residential air conditioning segment
According to CMM, in the first three quarters of 2022, the Company’s share increased rapidly: with 19.9%
retail sales share offline and 14.5% online, increase by 2.9 and 1.0 percentage points respectively; in particular,
the Company’s high-end market share (wall-mounted units priced above RMB4,000 and standing units priced
above RMB10,000) recorded a significant increase of 4 percentage points reaching 24.8%.
During the period, the Company’s residential air conditioners focused on whole-process transformation toenhance long-term competitiveness. In the domestic market, the Company improve users interaction by adding
in-store product demonstrations, and actively expanded the network with the addition of more than 3,800 sales
outlets to improve customer acquisition. In the overseas market, leveraging local user recognition, distribution
network and tailored new products for the local demand, such as split air conditioners that are quick todisassemble and clean, and saddle inverter window air conditioners, the Company realized sales revenue
growth of 38% in the first three quarters. Meanwhile, the Company has improved its research and development
capabilities and cost competitiveness. In September, Casarte launched Yunding luxury air conditioner
featuring the world's first water-oxygen air washing technology. This technology can remove 7 types ofpollutants including PM2.5 using nano molecular water film while releasing negative oxygen ions, providing
smart and healthy air solutions. The Company continued cost optimization through measures such astechnological innovation and increasing proportion of modules manufactured in-house.
Commercial air conditioning segment
During the period, the Company provided customized air and energy solutions through continuous
technological breakthroughs and product and service upgrades.

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In September, the Company launched smart laminar wind built-in products, equipped with industry’s first Cbionic deflectors that supply air at 10° angle creating comfortable surrounding without direct blow, it also
meets demand for customized air solutions using four-sided air deflectors to separate air supply in different
spaces.
The Company strengthened heat pump products to seize growth opportunities. During the first three quarters,
heat pumps revenue grew by over 30%, with over 300% growth from overseas market. Within the domestic
market, the Company launched water heaters designed for small and medium-sized venues, featuring easy
installation, low noise level and 12% saving in energy consumption compared with previous models. In
European market, the Company capitalized localized facilities to develop new products with enhancement inenergy efficiency and connectivity, while expanding distribution network coverage with focus on heatingproducts specialist channels to capture growth opportunity.
4. Household water solutions
According to CMM, in the first three quarters of 2022, the Company’s share continued to lead the industry:electric water heater’s retail sales market share amounted to 40% offline and 41.4% online, representing
year-on-year growth of 1.7 and 2.7 percentage points, respectively; gas water heater’s retail sales market
share reached 22.5% offline and 24.1% online, representing year-on-year growth of 2.6 and 2.3 percentage
points, respectively.
The Company’s water heater business enhanced user experience through technological innovations andproduct structure upgrades: following the success of Casarte’s Crystal Tank Galaxy series, a new series ofdouble-tank electric water heaters were launched to cater to user demand for small size, appealing design andlarge capacity; Haier's air-sourced heat pump water heater accelerated the development of products with highwater temperature, disinfection, variable frequency and energy conservation realizing over 300% revenue
growth overseas in the first three quarters. The zero cold water, air-sourced water heater LE1 heats up
cold water using air, which could save up to 76% electricity, it became number one in market share of units
priced above RMB 7,000 soon after launch. At the same time, the Company increased customer acquisitionand explored growth potential with expansion into home improvement channels and service offerings inlocal communities.
(II) Overseas Home Appliance and Smart Home BusinessIn the first three quarters of 2022, the Company’s overseas business grew by 8.7% year-on-year. The steady
growth was attributable to the adherence to the “RenDanHeYi (人單合一)” Model; the efficient localized
R&D, manufacturing and marketing operations; seizing the growth opportunities of energy-efficient
products, heat pump and built-in products; brand premiumization to capture high-end market growth
opportunities; and the acceleration of localized supply chain development unlocking global synergies
while coping with high inflation and components shortage.
The American market: During the period, the Company continued to focus on high-end brands and highend differentiated new products, revenue of the Company’s high-end brands increased by over 40% in
local currency. Rapid development of new segments has been driven through continuously expanding the
Air & Water professional channel and competitive product mix. GEA was once again awarded Great Place
to Work–6–

Certification and was successfully listed among the “20 Best Large Workplaces in Manufacturing and
Production” by the Fortune Magazine.
The European market: During the period, the Company continued high-end transformation while seizing theopportunity of energy-saving product and accelerating the development of localized supply chain to realize
high-end revenue growth of over 30% in local currency. During the period, the Company increased the priceindex by launching new products such as Haier905CD refrigerators, new ultra-thin Ipro7plus washingmachines and 939 washing machines to meet demand for energy saving products, meanwhile the Company
quicky responded to market demand leveraging facilities from dishwasher, tumble dryer and kitchen appliancefactory in Turkey and the gradually ramped-up the refrigerator factories in Romania.
The Australian and New Zealand market: During the period, FPA focused on high-end transformation, its ultrapremium products grew by over 40% in local currency; Haier’s high-end products grew over 55% in local
currency.
The South Asian market: The Company remained number one in Pakistan market, accelerated retailtransformation with increasing revenue contribution from mid-to-high-end products.
The Southeast Asian market: The Company adhered to its high-end brand strategy and accelerated Casarte’s
global expansion. In August, the first full-scenario smart home experience centre in the Southeast Asian market
was set up at Central World in Bangkok, Thailand, displaying a full house high-end smart home scenario
including smart kitchen, smart living room, smart bedroom, smart closet and smart bathroom.
The Japanese market: The Company continued high-end transformation with sales volume market share gains
in refrigerators, freezers and washing machines among which the share of retail sales volume of bothrefrigerators and freezers became number one in the industry.
（III））Digital Transformation
During the period, the Company continued digital transformation to enhance user experience and operational
efficiency.
The digital user operation platform facilitates user scenarios and demand profiling, to iterate scenario
experience and improve recognition as well as rate of repeated purchase. In the first three quarters, 32.25
million new user members were added, representing year-on-year increase of 64%.
The lean manufacturing platform continuously improved efficiency in smart manufacturing, procurement,
supply chain and logistics. The Company initiated the transformation to a technology-based digitalprocurement service platform and increased the proportion of components used on three or more SKUs;
utilizing automated production scheduling, precise planning and end-to-end information integration to matchvehicles, goods and materials, to achieve 30% improvement in efficiency level of logistics management in the
Company’s industrial parks.
The digital R&D platform promoted digital simulation design through the establishment of a global industrial–7–

design platform. Meanwhile, the acceleration of module iteration, application of new materials and newprocess has shortened new product design cycle by 30% globally with over 0.9% design cost optimization in
the third quarter.
II. Gross Profit Margin
The gross profit margin in the first three quarters of 2022 reached 30.5%, representing an increase of 0.2
percentage points as compared with the same period in 2021. Increase in gross profit margin was mainly
attributable to product mix upgrade with enhanced competitiveness, effective implementation of wholeprocess cost management in the supply chain and streamline of SKUs through R&D and whole processcollaboration in sales; improvement of management of tier 2 & 3 suppliers and increase of level of in-houseproduced components, all of which aimed at improving the Company’s competitiveness of the entire value
chain.
III. Operating Expenses Ratio
1. The selling expense ratio in the first three quarters of 2022 was 14.9%, representing an improvement of
0.5 percentage points as compared with the same period in 2021. The improvement in selling expense ratio
was attributable to digitalization aiming at improving marketing precision and efficiency; integrating
manufacturing, distribution & logistics to improve fulfilment efficiency; transforming from indirect deliveryof service requirements by suppliers to system’s direct matching of user request and maintenance personnel;
accurate prediction of manufacturing and storage of spare parts & components using algorithm to reducespare parts expense ratio.
2. The administrative expense ratio in the first three quarters of 2022 was 4.2%, representing an
improvement of 0.3 percentage points as compared with the same period in 2021. The improvement in
administrative expense ratio was attributable to the digital transformation of the Company and our businessprocess redesign, which improved the efficiency of operation and personnel.
3. The research and development expense ratio in the first three quarter of 2022 was 4.0%, representing an
increase of 0.4 percentage points as compared with the same period in 2021. The increase in the researchand development expense ratio was mainly due to the strengthening of the core technology for the smart
home segment and efforts in our core capabilities to promote the advanced technology layout and productinnovation of various industries, and the construction of technical capabilities in the Three-Winged Bird
scenario brand.
4. The financial expense ratio in the first three quarters of 2022 was -0.3% (“+” as expense, “-” as revenue),
representing an improvement of 0.5 percentage points as compared with the same period in 2021. The
improvement of the financial expense ratio was attributable to the increase in interest income resulting fromthe Company’s enhanced capital management efficiency and the increase in exchange gain resulting from
optimized foreign exchange management strategies.
IV. Working Capital
1. Trade and bill receivable turnover days
The trade and bill receivable turnover days of the Company was 43 days in the first three quarters of 2022,
representing a decrease of 3.6 days as compared to the end of 2021, which was attributable to the effective
control over trade and bill receivables of the Company.

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2. Inventory turnover days
The inventory turnover days of was 84.3 days in the first three quarters of 2022, representing an increase of
3.5 days as compared to the end of 2021, demonstrating a positive trend as compared to the first two quarters,
which was mainly attributable to the increase in inventory costs in overseas markets due to the high cost ofbulk raw materials, inflation and surge in freight costs, as well as the shortage of labour in major regions
affecting port efficiency, and ports and warehouses affecting the speed of inventory turnover.
3. Trade and bill payable turnover days
In the first three quarters of 2022, trade and bill payable turnover days was 141.2 days, representing a decreaseof 4.5 days as compared to the end of 2021, which was attributable to the change in payment cycle arisingfrom the switch of procurement method.
V. Cash Flow Analysis
1. Net cash flow from operating activities for the first three quarters of 2022 amounted to RMB11.205 billion,
representing a decrease of RMB2.226 billion as compared to the corresponding period of 2021; among which,
the Company’s net cash flow from operating activities in the third quarter of 2022 amounted to RMB5.241
billion, representing an increase of 5.1% as compared to the corresponding period of 2021, achieving a quarteron-quarter improvement. This was due to the optimization of inventory turnover in the Company’s domestic
market through digital transformation and the sharing of channel inventory to improve order forecast accuracy
and trunk line shipment efficiency.
2. Net cash outflow from investing activities for the first three quarters of 2022 amounted to RMB7.262 billion,
representing an increase of RMB2.057 billion as compared to the corresponding period of 2021, which was
due to the cash outflow from the purchase of wealth management products and increase in industrial
investments for the period and cash inflow from the redemption of wealth management products in the same
period.
3. Net cash outflows from financing activities for the first three quarters of 2022 amounted to RMB3.148
billion, while net cash outflows in financing activities for the corresponding period of 2021 amounted to
RMB13.101 billion, which was due to the cash inflow from the additional issuance of H Shares and new
borrowings and the repayment of ultrashort-term facilities for the period.
VI. Capital Expenditure
The Company assesses its capital expenditure and investments in each segment in China and overseas fromtime to time. The capital expenditure in the first three quarters of 2022 was RMB5.638 billion, of which
RMB2.845 billion and RMB2.793 billion were used in China and overseas, respectively, primarily for plantand equipment construction, property rental, and digital infrastructure.
VII. Asset-liability Ratio
At the end of the third quarter in 2022, the Company’s asset-liability ratio was 59.5%, representing a decreaseof 3.2 percentage points as compared to the end of 2021, which was due to the increase in net profit and theincrease in total asset as a results of foreign currency translation.

–9–

(II)

Non-recurring profit or loss items and amounts

Unit and Currency: RMB

5,366,706.46
167,361,833.42

Amounts from the beginningof the year to the end of theReporting Period
39,174,199.85
602,192,298.85

8,461,133.81

12,934,615.51-154,715,497.95-95,465,761.41-18,004,247.28

16,278,064.98

13,077,224.68
9,429,162.44-14,036,458.66

111,128,082.03
19,631,027.09
444,354,308.660

Amounts in the Reporting
PeriodItems
Profit or loss from disposal of non-current assets
Government grants included in current profit orloss, except that closely related to the normal
operating business, complied with requirementsof the national policies, continued to be grantedwith the amount and quantity determined undercertain standards
Net profit or loss incurred by subsidiaries formedby the consolidation of entities under common
control for the period from the beginning of theperiod to the date of consolidation
Profit or loss on the changes in fair value
generated from financial assets held for trading,derivative financial assets, financial liabilities
held for trading and derivative financial liabilities
and the investment income received from
disposal of financial assets held for trading,derivative financial assets, financial liabilities
held for trading, derivative financial liabilities
and other debt investment, other than theeffective hedging business relating to theordinary operating business of the Company
Other non-operating income and expenses otherthan the above items
Less: amount of effect on income tax
Amount of effect on minority interests (after tax)
Total

Description on categorizing the non-recurring profit or loss items listed in the Interpretative Announcement No. 1of the Information Disclosure of the Companies Public Offering Securities — Non-recurring Profit or Loss (公開發行證券的公司信息披露解釋性公告第 1 號—非經常性損益) as recurring profit or loss item
□Applicable √Not Applicable(III) Changes in major accounting data and financial indicators and reasons√Applicable □Not Applicable
Items
Net profit after deduction of nonrecurring profit or loss attributable
to shareholders of the listedcompany for the Reporting Period

Percentage ofchange (%)
33.91

Main reasons
Mainly because of revenue growth and improved
profitability of the Company– 10 –

II. PARTICULARS OF SHAREHOLDERS(I)

Total number of ordinary shareholders and the number of preferential shareholders with restored voting rights andthe shareholdings of the top 10 shareholders

Unit: share
Total number of ordinary
shareholders as of the end of
138,374
the Reporting Period
Shareholdings of the top 10 shareholders

Name of shareholders

HKSCC NOMINEESLIMITED (Note)
Haier COSMO Co., Ltd.
Haier Group Corporation

Nature ofshareholders

Unknown
Domestic nonstate-owned
legal entity
Domestic nonstate-owned
legal entity

Total number of preferential shareholders withrestored voting rights as of the end of theReporting Period (if any)

Number ofshares held

Percentage ofshareholdings(%)

Number ofshares held
subject totrading
moratorium

N/A

Pledged, marked orfrozenStatus2,241,389,565

23.72

Unknown

1,258,684,824

13.32

Nil

1,072,610,764

11.35

NumberNilHong Kong Securities Clearing
Nil
Unknown
649,492,574
6.87
Company Limited
HCH (HK) INVESTMENT
Nil
Foreign legal
538,560,000
5.70
MANAGEMENT CO.,entityLIMITED
China Securities Finance
Nil
Unknown
182,592,654
1.93
Corporation Limited
Qingdao Haier Venture &Domestic nonNil
Investment Information Co.,
state-owned
172,252,560
1.82
Ltd.
legal entity
Qingdao Haichuangzhi
Domestic nonNil
Management Consulting
state-owned
120,622,416
1.28Enterprise (Limited Partnership) legal entity
Securities account for
repurchase of Haier Smart
Others85,342,743
0.90
NilHome Co., Ltd.
ALIBABA INVESTMENT
Unknown
83,823,993
0.89
Unknown
LIMITED
Shareholdings of the top 10 shareholders not subject to trading moratorium
Class and number of shares
Number of listed shares not subject to trading
Name of shareholders
moratorium held
Class
NumberOverseas
HKSCC NOMINEES
2,241,389,565 listed foreign
2,241,389,565
LIMITED
sharesRMB ordinary
Haier COSMO Co., Ltd.
1,258,684,824
1,258,684,824
sharesRMB ordinary
Haier Group Corporation
1,072,610,764
1,072,610,764
sharesHong Kong Securities Clearing
RMB ordinary
649,492,574
649,492,574
Company Limited
shares– 11 –

HCH (HK) INVESTMENTMANAGEMENT CO.,LIMITED
China Securities FinanceCorporation Limited
Qingdao Haier Venture &Investment Information Co.,Ltd.
Qingdao Haichuangzhi
Management Consulting
Enterprise (Limited Partnership)
securities account for repurchaseof Haier Smart Home Co., Ltd.
ALIBABA INVESTMENT
LIMITED
Explanation of associations or
actions in concert among theabove shareholders

Explanation of the top 10
shareholders and the top 10
shareholders not subject totrading moratorium engaging in
the margin trading and shortselling and refinancing business(if any)

Overseas538,560,000 listed foreign
sharesRMB ordinary
182,592,654
shares538,560,000
182,592,654

172,252,560

RMB ordinary
shares172,252,560

120,622,416

RMB ordinary
shares120,622,416

RMB ordinary
85,342,743
sharesOverseas
83,823,993 listed foreign
83,823,993
shares(1) Haier COSMO Co., Ltd. is a holding subsidiary of Haier Group Corporation.
Haier Group Corporation holds 51.20% of its equity. Each of Qingdao Haier Venture& Investment Information Co., Ltd., HCH (HK) INVESTMENT MANAGEMENT
CO., LIMITED and Qingdao Haichuangzhi Management Consulting Enterprise(Limited Partnership) is a party acting in concert with Haier Group Corporation;(2) The Company is not aware of the existence of any connections of othershareholders.
85,342,743

None

Note: HKSCC NOMINEES LIMITED is the collective nominee account for the shareholders of H shares of theCompany, which is the original data provided by China Hong Kong securities registration agency to the Company after
consolidation of figures according to local market practices and technical settings, not representing the ultimate
shareholder.
III. Miscellaneous
Other significant information regarding the Company’s operations during the Reporting Period should be brought
to the attention of investors√ Applicable □Not Applicable(1) External guarantees: As at the end of the Reporting Period, the external guarantees provided by the Company
and its subsidiaries were guarantees between the Company and its subsidiaries, the total balance of whichamounted to RMB9.936 billion, accounting for 10.84% of the Company’s latest net assets and 4.33% of thelatest total assets.
(2) Foreign exchange derivative: As at the end of the Reporting Period, the aggregate balance of the Company’s
foreign exchange derivative transaction amounted to approximately US$1.484 billion.

– 12 –

(3) Entrusted wealth management: By the end of the Reporting Period, the balance of the Company’s entrusted
wealth management amounted to RMB3.750 billion, including two parts: ① temporarily-idle fundraising wealthmanagement: at the end of December 2018, the Company’s proceeds for the issuance of convertible corporate
bonds were fully landed. To improve the yield of temporarily-idle funds, the Company intended to conduct cash
management with the amounts not exceeding RMB0.5 billion after approved by the Board. By the end of theReporting Period, the balance of the entrusted wealth management amounted to RMB175 million; ②
Temporary-idle funds wealth management by the Company and certain subsidiaries of the Company: Under thepremise of ensuring sufficient capital for the principal operating activities and daily operations, the Company
and some subsidiaries of the Company purchased some low risk wealth management products and structured
deposits from major commercial banks to improve the yield of temporarily-idle funds and the return forshareholders within the authority of the general manager’s office meeting and under the condition of ensuring
fund safety. By the end of the Reporting Period, the balance of the entrusted wealth management amounted to
RMB3.575 billion.
(4) Progress of Employee Stock Ownership Plans and Share Option Incentive Scheme:
Progress of Employee Stock Ownership Plans: ①Completion of shares pool building of the A-share andH-share Employee Stock Ownership Plans (2022): The Company introduced the H-share Core Employee
Stock Ownership Plan of Haier Smart Home Co., Ltd. for year 2022 (Draft) (“2022 H-share Employee Stock
Ownership Plan”), A-share Core Employee Stock Ownership Plan of Haier Smart Home Co., Ltd. for year 2022
(Draft) (“2022 A-share Employee Stock Ownership Plan”) at the 28th meeting of the 10th session of the Board
convened on 28 April 2022 upon the approval and authorization by the 2020 Annual General Meeting convened
on 25 June 2021. During the Reporting Period, the Company completed opening of accounts, and shares poolbuilding and other related work of the A-share and H-share Employee Stock Ownership Plan for year 2022. For
details, please refer to the Announcement of Haier Smart Home Co., Ltd. on the Completion of the Non-trading
Transfer of Shares for the 2022 A-share Core Employee Stock Ownership Plan and Announcement of Haier
Smart Home Co., Ltd. on the Completion of Share Purchase under the 2022 H-share Core Employee Stock
Ownership Plan disclosed on 22 July 2022 and 26 July 2022 respectively. ② Vesting of the 2021 A-share andH-share Employee Stock Ownership Plans: According to relevant arrangement of the 2021 Plan under the Ashare Core Employee Stock Ownership Plan of Haier Smart Home Co., Ltd. (2021-2025) (Draft) (“2021 Ashare Employee Stock Ownership Plan”) and the 2021 Plan under the H-share Core Employee Stock Ownership
Plan of Haier Smart Home Co., Ltd. (2021-2025) (Draft) (“2021 H-share Employee Stock Ownership Plan”),
during the Reporting Period, the Company has completed relevant vesting of interests in the 2021 A-share andH-share Employee Stock Ownership Plans: 1,500 participants under the 2021 A-share Employee Stock
Ownership Plan vested 7,617,080 shares (and the dividends received in respect of corresponding Shares) inaccordance with the 2021 annual results and the results of their individual appraisals; and 32 participants underthe 2021 H-share Employee Stock Ownership Plan vested 1,292,349 shares in accordance with the 2021 annual– 13 –

results and the results of their individual appraisals. The asset management authority will dispose of H shares
held under the asset management plan in due course and allocate cash to the participants after considering thedividends received in respect of H-share Stock Ownership Plan. For details, please refer to the announcement
on Vesting of Interests in A-share and H-share Core Employee Stock Ownership Plans (2021) of Haier Smart
Home Co., Ltd. disclosed by the Company on 27 July 2022.
Progress of Share Option Incentive Scheme: During the Reporting Period, there was no further progress on
the existing share option incentive scheme.
(5) Progress of the A-share repurchases: On 30 March 2022, the Company convened the 27th meeting of the10th session of the Board, which considered and approved the Resolution in Relation to the Repurchase Plan ofa Portion of Public A Shares of Haier Smart Home Co., Ltd. It approved the Company to use its own funds torepurchase a portion of A shares of the Company by way of centralised bidding. The repurchase price is no morethan RMB35 per share and the proposed total repurchase amount is no more than RMB3.0 billion and no lessthan RMB1.5 billion. The period of this repurchase is within 12 months from the date the Board considered andapproved the resolution of repurchase of shares. As at the end of the Reporting Period, the Company had
repurchased a total of 58,105,239 shares. The highest price purchased was RMB 26.60 per share and the lowest
price was RMB 23.50 per share, and the amount paid was RMB 1,468,222,587.93. For details, please refer tothe announcement on the relevant progress disclosed by the Company monthly.
(6) Progress of the H-share repurchases: The Company convened the 2021 Annual General Meeting and related
Class Meetings on 28 June 2022, at which “Haier Smart Home Co., Ltd.’s Resolution on the General Meeting
to Grant a General Mandate to the Board to Decide to Repurchase Not More Than 10% of the Total Number of
H Shares of the Company in Issue” was passed after consideration and approval. According to the proposal, as
at the end of the Reporting Period, the Company repurchased a total of 5,855,600 H shares, with the highest
purchase price of HK$27.80 per share and the lowest price of HK$23.55 per share. The total amount (handlingcharges inclusive) was HK$ 148,466,555.35. As at the end of the Reporting Period, 1,435,600 shares werecancelled. For details, please refer to the announcement on the relevant progress disclosed by the Company
monthly.

– 14 –

IV. Quarterly Financial Statements(I)

Type of Audit Opinion□Applicable √Not Applicable(II)

Financial Statements
Consolidated Balance Sheet
30 September 2022

Prepared by: Haier Smart Home Co., Ltd.
Items

Current assets:
Cash at bank and on hand
Provision of settlement fundFunds lent
Financial assets held for trading
Derivative financial assets
Bills receivable
Accounts receivable
Financing receivables
Prepayments
Premiums receivable
Reinsurance accounts receivable
Reinsurance contract reserves receivable
Other receivables
Including: Interest receivable
Dividend receivable
Financial assets purchased under resaleagreements
Inventories
Contract assets
Assets held for saleNon-current assets due in one year
Other current assets
Total current assets
Non-current assets:
Loans and advances granted
Debt investments

Unit and Currency: RMB Type of Audit: Unaudited
30 September 2022
31 December 2021

– 15 –

47,248,210,131.55

46,097,333,903.45

2,430,357,646.19
223,930,355.88
11,864,254,740.46
18,127,157,925.72

2,786,075,529.09
79,819,974.01
13,354,791,068.29
14,625,260,856.04

945,347,513.93

863,748,085.06

2,137,642,231.21

1,965,924,388.85

39,247,697,712.06
448,578,618.99

39,913,949,898.86
304,434,294.70

4,636,788,558.50
127,309,965,434.49

3,920,750,476.57
123,912,088,474.92

Other debt investments
Long-term receivables
Long-term equity investments
Investments in other equity instruments
Other non-current financial assets
Investment properties
Fixed assets
Construction in progress
Biological assets for production
Oil and gas assets
Right-of-use assets
Intangible assets
Development cost
Goodwill
Long-term prepaid expenses
Deferred income tax assets
Other non-current assets
Total non-current assets
Total assets
Current liabilities:
Short-term borrowings
Borrowings from central bank
Due to banks and other financial institutions
Financial liabilities held for
trading
Derivative financial liabilities
Bills payable
Accounts payable
Receipts in advanceContract liabilities
Disposal of repurchased financial assets
Absorbing deposit and deposit in inter-bankmarketCustomer deposits for trading in securities
Amounts due to issuer for securities
underwriting
Payables for staff's remuneration
Taxes payable
Other payables
Including: Interest payable
Dividend payable
Fees and commissions payable
Reinsurance Accounts payables
Liabilities held for saleNon-current liabilities due within one year

– 16 –

302,838,595.26
24,985,216,465.45
4,856,952,963.09

308,998,755.30
23,200,884,340.57
4,856,684,944.63

26,740,710.42
24,514,888,907.20
5,484,675,628.20

24,964,888.48
22,308,014,224.98
4,183,263,398.79

3,832,330,605.00
9,825,054,563.68
311,359,410.10
23,908,333,847.12
830,170,726.95
1,576,303,757.83
1,842,822,412.31
102,297,688,592.61
229,607,654,027.10

2,734,678,906.53
9,550,384,743.90
227,892,229.13
21,827,103,060.76
589,143,077.89
1,857,448,518.29
2,164,384,013.14
93,833,845,102.39
217,745,933,577.31

14,122,160,966.11

11,226,212,134.39

201,552,862.07

6,294,014.40

123,011,278.66
26,870,409,222.95
38,240,800,953.92

80,212,433.24
25,023,238,406.72
42,363,218,840.33

6,137,137,399.15

10,027,091,593.60

3,282,617,260.03
3,445,551,740.54
19,257,476,634.31

4,119,425,287.60
2,607,822,656.37
17,570,339,925.76

8,666,272,603.12

9,624,339,170.46

Other current liabilities
Total current liabilities
Non-current liabilities:
Deposits for insurance contracts
Long-term borrowings
Bonds payable
Including: Preference shares
Perpetual bonds
Lease liabilities
Long-term payables
Long-term payables for staff’s remuneration
Estimated liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
Owners' equity (or shareholders' equity):
Paid-in capital (or share capital)
Other equity instruments
Including: Preference shares
Perpetual bonds
Capital reserve
Less: treasury stock
Other comprehensive income
Special reserve
Surplus reserve
General risk provisions
Undistributed profits
Total equity attributable toowners (or shareholders) of the Parent
Company
Minority shareholders' interests
Total owners' equity (or shareholders'equity)Total liabilities and owners' equity (orshareholders' equity)
Person in charge of the Company: Li Huagang
Person in charge of accounting function: Gong Wei
Person in charge of accounting department: Ying Ke– 17 –

1,526,463,705.53
121,873,454,626.39

2,238,767,551.40
124,886,962,014.27

5,535,539,882.98

3,038,573,824.53
334,730,048.82

2,897,775,841.92
50,404,024.41
1,229,249,288.57
1,584,131,400.90
992,622,971.39
2,380,823,541.47
53,283,297.87
14,723,830,249.51
136,597,284,875.90

1,960,894,981.47
99,602,707.76
1,173,151,761.64
1,948,565,477.11
852,794,567.20
2,121,803,173.83
49,461,683.90
11,579,578,226.26
136,466,540,240.53

9,448,979,251.00
61,522,911.21

9,398,704,530.00
118,017,507.59

23,701,273,706.03
3,933,963,675.76
3,488,428,803.28

22,665,374,739.46
2,424,038,819.70-1,176,851,699.92

3,438,615,909.84

3,438,615,909.84

55,496,963,627.15

47,968,582,696.34

91,701,820,532.75

79,988,404,863.61

1,308,548,618.45

1,290,988,473.17

93,010,369,151.20

81,279,393,336.78

229,607,654,027.10

217,745,933,577.31

Consolidated Profit Statement
January-September 2022
Prepared by: Haier Smart Home Co., Ltd.

Items
Ⅰ. Total operating revenue
Including: Operating revenue
Interest income
Insurance premiums earned
Fee and commission income
Ⅱ. Total cost of operations
Including: Operating cost
Interest expenses
Fee and commission expenses
Insurance withdrawal payment
Net payment from indemnity
Net provisions withdrew for
insurance liability
Insurance policy dividend paid
Reinsurance cost
Taxes and surcharges
Selling expenses
Administrative expenses
R&D expenses
Financial expenses
Including: Interest expenses
Interest income
Add: other income
investment income (losses are
represented by “-”)Including: Investment incomeof associates and joint ventures
Income generated fromthe derecognition of financial assets
measured at amortized cost
Exchange gain (losses are
represented by “-”)Gains on net exposure hedges(losses are represented by “-”)
Income from change in fairvalue (losses are represented by “-”)Loss on credit impairment(losses are represented by “-”)

Unit and Currency: RMB Type of Audit: Unaudited
2022 First Three Quarters
2021 First Three Quarters(January-September)(January-September)
184,748,766,010.10
184,748,766,010.10

169,630,543,025.11
169,630,543,025.11

171,059,935,566.06
128,420,660,940.15

158,989,409,056.10
118,237,307,500.10

586,645,797.49
27,495,171,353.69
7,730,615,601.97
7,454,325,650.86-627,483,778.10
608,790,686.91
585,949,999.41
773,917,912.51

563,493,265.16
26,105,893,471.52
7,581,414,926.55
6,204,376,866.04
296,923,026.73
542,545,167.05
402,091,166.02
636,325,315.35

1,510,411,067.36

1,663,997,957.58-272,599,270.19

39,767,883.33-328,043,205.17-141,683,845.18– 18 –

Loss on assets impairment(losses are represented by “-”)Gain from disposal of assets(losses are represented by “-”)
Ⅲ. Operating profit (losses are
represented by “-”)
Add: non-operating income
Less: non-operating expenses
Ⅳ. Total profit (total losses are
represented by “-”)Less: income tax expense
Ⅴ. Net profit (net losses are represented
by “-”)(I) Classification by continuous operation
1.Net profit from continuous
operation (net losses are
represented by “-”)
2. Net profit from discontinued
operation (net losses are represented by“-”)(II) Classification by ownership of the equity
1. Net profit attributable toshareholders of the Parent
Company(netlossesarerepresented by “-”)
2. Profit or loss attributable tominority shareholders (net losses are
represented by “-”)
VI. Other comprehensive income, netof tax(I) Other comprehensive income
attributable to shareholders of the
Parent Company, net of tax
1. Other comprehensive incomethat cannot be reclassified into the
profit or loss
(1) Changes arising from remeasurement of defined benefit plans(2) Other comprehensive incomethat cannot be transferred into profit orloss under equity method(3) Changes in fair value ofinvestments in other equity instruments(4) Changes in fair value of credit
risks of the enterprise
2. Other comprehensive income tobe reclassified into the profit or loss
(1) Other comprehensive incomethat can be transferred into profit orloss under equity method(2) Changes in fair value of otherdebt investments-916,823,397.27-728,421,071.61

36,559,385.16

207,581,603.71

14,492,252,936.44

12,318,701,812.19

104,463,851.85
97,149,423.40

148,079,082.27
104,871,380.73

14,499,567,364.89

12,361,909,513.73

2,788,108,728.73

2,281,611,404.20

11,711,458,636.16

10,080,298,109.53

11,711,458,636.16

10,080,298,109.53

11,665,606,491.29

9,948,760,485.45

45,852,144.87

131,537,624.08

4,664,174,077.37

768,015,269.00

4,665,280,503.20

776,465,493.58-115,981,350.82

1,180,689,883.33

9,178,508.68-355,977.81-125,159,859.50

1,181,045,861.14

4,781,261,854.02-404,224,389.75

254,600,418.32

37,327,753.73– 19 –

(3) Reclassified financial assetsthat are credited to othercomprehensive income(4) Credit impairment provision
for other debt investments(5) Reserve for cash flow hedging(6) Exchange differences ontranslation of financial statements
denominated in foreign currencies(7) Others(II) Other comprehensive income
attributable to minority shareholders,
net of tax
Ⅶ. Total comprehensive income(I) Total comprehensive income
attributable to the owners of Parent
Company(II) Total comprehensive income
attributable to the minority
shareholders
Ⅷ. Earnings per share:(I) Basic earnings per share(RMB/share)(II) Diluted earnings per share(RMB/share)

17,514,162.27

116,947,915.82

4,509,147,273.43-558,500,059.30-1,106,425.83-8,450,224.58

16,375,632,713.53

10,848,313,378.53

16,330,886,994.49

10,725,225,979.03

44,745,719.04

123,087,399.50

1.25

1.07

1.24

1.06

For the business combinations under common control in the Period, the net profit of the parties consolidated before
consolidation was: RMB12,934,615.51 and the net profit of the parties consolidated in the Previous Period was:
RMB14,148,977.07.
Person in charge of the Company: Li Huagang
Person in charge of accounting function: Gong Wei
Person in charge of accounting department: Ying Ke– 20 –

Consolidated Cash Flow Statement
January-September 2022
Prepared by: Haier Smart Home Co., Ltd.
Items
I. Cash flow from operating activities:
Cash received from the sale of goods andrendering services
Net increase in customer and inter-bankdeposits
Net increase in borrowing from the centralbank
Net cash increase in borrowing from otherfinancial institutes
Cash received from premiums under original
insurance contract
Net cash received from reinsurance business
Net increase in deposits of policy holders andinvestment
Cash received from interest, fee andcommissions
Net increase in placement from banks andother financial institutions
Net increase in cash received from repurchase
operation
Net cash received from customer deposits for
trading in securities
Refunds of taxes
Cash received from other related operating
activities
Sub-total of cash inflows from operating
activities
Cash paid on purchase of goods and services
Net increase in loans and advances ofcustomers
Net increase in deposits in the PBOC andinter-bank
Cash paid for compensation payments under
original insurance contract
Net increase in cash lent
Cash paid for interest, bank charges andcommissions
Cash paid for insurance policy dividend
Cash paid to and on behalf of employees
Cash paid for all types of taxes
Cash paid to other operation related activities
Sub-total of cash outflows from operating
activities
Net cash flow from operating activities
II. Cash flow from investing activities:
Cash received from recovery of investments
Cash received from return on investments

Unit and Currency: RMB Type of Audit: Unaudited
2022 First Three Quarters
2021 First Three Quarters(January-September)(January-September)– 21 –

193,014,949,639.46

173,785,216,616.87

1,659,267,644.41

1,376,835,032.38

1,877,509,284.85

1,626,620,923.35

196,551,726,568.72

176,788,672,572.60

137,882,924,979.87

118,834,422,942.06

20,337,615,411.35
7,941,937,191.26
19,184,175,148.47

18,927,171,597.36
7,599,356,867.59
17,996,714,833.85

185,346,652,730.95

163,357,666,240.86

11,205,073,837.77

13,431,006,331.74

8,170,465,135.63
483,988,185.56

4,665,552,636.62
580,120,778.24

Net cash received from the disposal of fixed
assets, intangible assets and other long-term
assetsNet cash received from disposal of subsidiaries
and other operating entities
Other cash received from investment activities
Sub-total of cash inflows from investing
activities
Cash paid on purchase of fixed assets,intangible assets and other long-term assets
Cash paid for investments
Net increase in secured loans
Net cash paid on acquisition of subsidiaries
and other operating entities
Other cash paid on investment activities
Sub-total of cash outflows from investing
activities
Net cash flow from investing activities
III. Cash flow from financing activities:
Cash received from capital contributions
Including: Cash received from capital
contributions by minority shareholders ofsubsidiaries
Cash received from borrowings
Other cash received from financing activities
Sub-total of cash inflows from financing
activities
Cash paid on repayment of loans
Cash paid on distribution of dividends, profits
or repayment of interest expenses
Including: Dividend and profit paid tominority shareholders by subsidiaries
Other cash paid to financing activities
Sub-total of cash outflows from financing
activities
Net cash flow from financing activities
IV. Effect of fluctuations in exchange rates oncash and cash equivalents
V. Net increase in cash and cash equivalents
Add: balance of cash and cash equivalents atthe beginning of the period
VI. Balance of cash and cash equivalents at
the end of the period

224,933,210.37

42,303,385.93

8,879,386,531.56

5,287,976,800.79

5,638,070,348.20

4,909,673,638.17

10,460,343,361.49

5,582,993,847.32

42,709,125.00
250,000.00

Person in charge of the Company: Li Huagang
Person in charge of accounting function: Gong Wei
Person in charge of accounting department: Ying Ke– 22 –

16,141,122,834.69

10,492,917,485.49-7,261,736,303.13-5,204,940,684.70

988,339,004.94

39,420,000.00

10,842,224,965.32
1,027,793.89

7,143,577,184.22

11,831,591,764.15

7,182,997,184.22

7,537,727,848.91

12,788,537,940.13

4,920,351,111.41

3,872,132,619.21

2,521,143,250.83

3,622,853,443.72

14,979,222,211.15

20,283,524,003.06-3,147,630,447.00-13,100,526,818.84

587,737,106.90-19,753,211.46

1,383,444,194.54-4,894,214,383.26

45,197,664,411.15

45,790,589,785.11

46,581,108,605.69

40,896,375,401.85

BALANCE SHEET OF THE PARENT COMPANY
30 September 2022
Prepared by: Haier Smart Home Co., Ltd.
Unit and Currency: RMB Type of Audit: Unaudited
Items
30 September 2022
31 December 2021
Current Assets:
5,791,229,255.11
4,043,535,735.48
Monetary funds
Financial assets held for trading
Derivative financial assets
Bills receivable
780,498,930.45
546,532,442.90
Accounts receivable
Financing receivables
3,615,344.36
275,052,864.92
Prepayments
17,069,176,344.85
16,245,280,168.41
Other receivables
Including: Interests receivable
Dividends receivable
4,163,975.06
1,139,135.32
Inventories
Contract assets
Assets held for saleNon-current assets due within one
year
1,545,071,814.68
337,476,209.01
Other current assets
25,193,755,664.51
21,449,016,556.04
Total current assets
Non-current assets:
Debt investments
Other debt investments
Long-term receivables
52,693,182,918.25
52,513,760,277.77
Long-term equity investments
1,615,450,032.92
1,615,450,032.92
Investments in other equity instruments
Other non-current financial assets
Investment properties
174,728,769.16
179,789,817.34
Fixed assets
8,671,974.80
17,569,516.17
Construction in progress
Biological assets for production
Oil and gas assets
572,793.64
1,217,186.49
Right-of-use assets
49,972,506.09
55,171,485.39
Intangible assets
Development cost
Goodwill
4,125,658.11
3,781,398.54
Long-term prepaid expenses
159,338,211.77
159,338,211.77
Deferred income tax assets
1,294,805,641.19
803,323,404.28
Other non-current assets
56,000,848,505.93
55,349,401,330.67
Total non-current assets– 23 –

Total assets
Current liabilities:
Short-term borrowings
Financial liabilities held for trading
Derivative financial liabilities
Bills payable
Accounts payable
Receipts in advanceContract liabilities
Payables for staff’s remuneration
Taxes payable
Other payables
Including: Interests payable
Dividends payable
Liabilities held for saleNon-current liabilities due within one
year
Other current liabilities
Total current liabilities
Non-current liabilities:
Long-term borrowings
Bonds payable
Including: Preference shares
Perpetual bonds
Lease liabilities
Long-term payable
Long-term payables for staff’s
remuneration
Estimated liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
Owners’ equity (or shareholders’ equity):
Paid-in capital (or share capital)
Other equity instruments
Including: Preference shares
Perpetual bonds
Capital reserve
Less: treasury stock
Other comprehensive income
Special reserve
Surplus reserve

81,194,604,170.44

76,798,417,886.71

400,898,107.13

183,690,889.86

12,605,139.93
472,772.21
1,815,444.38
40,258,012,985.69

12,605,139.93
12,323,670.21
1,747,023.87
34,484,355,762.60

897,357.83

877,995.65

10,962,218.09
40,685,664,025.26

5,420,156.55
34,701,020,638.67

2,095,000,000.00

35,174.64– 24 –

11,730,000.00
448,965,654.25

19,270,000.00
448,965,654.25

2,555,730,828.89
43,241,394,854.15

468,235,654.25
35,169,256,292.92

9,448,979,251.00

9,398,704,530.00

27,127,336,363.07
2,384,298,464.51
628,672,092.39

25,802,279,483.13
1,495,170,675.08
621,302,944.83

2,833,469,684.39

2,833,469,684.39

Undistributed profits
Total owners’ equity (orshareholders’ equity)
Total liabilities and owners’
equity (or shareholders’ equity)

299,050,389.95

4,468,575,626.52

37,953,209,316.29

41,629,161,593.79

81,194,604,170.44

76,798,417,886.71

Person in charge of the Company: Li Huagang
Person in charge of accounting function: Gong Wei
Person in charge of accounting department: Ying Ke
INCOME STATEMENT OF THE PARENT COMPANY
January-September 2022
Prepared by: Haier Smart Home Co Ltd
Unit and Currency: RMB Type of Review: Unaudited
2022 First Three Quarters
2021 First Three Quarters
Items(January-September)(January-September)
274,409,829.17
282,627,387.89
I. Operating revenue
237,958,102.39
250,796,772.51
Less: operation cost
1,502,873.54
1,351,608.50
Taxes and surcharges
8,343,662.82
7,478,824.40
Selling expenses
623,648,918.13
146,787,481.58
Administration expenses
9,536,280.96
21,112,507.42
R&D expenses-93,676,340.74-35,035,017.13
Financial expenses
19,056,720.15
7,418,669.79
Including: Interest expenses
107,726,590.75
45,197,307.08
Interest income
29,030,565.58
44,167,407.90
Add: other income
Investment income (losses are
601,413,493.57
155,190,804.76
represented by “-”)Including: Investment incomeof associates and joint ventures
Derecognition income on
financial assets measured at amortized
cost
Gains on net exposure hedges(losses are represented by “-”)
Income from change in fairvalue (losses are represented by “-”)Loss on credit impairment
116,780.20-6,483,242.76(losses are represented by “-”)Loss on assets impairment(losses are represented by “-”)Gain from disposal of assets
35,074,022.45
142,444,000.00(losses are represented by “-”)
II. Operating profit (losses are
152,731,193.87
225,454,180.51
represented by “-”)
208,515.11
825,303.28
Add: non-operating income
28,698.02
50,687.25
Less: non-operating expenses– 25 –

III. Total profit (total losses are
represented by “-”)Less: income tax expenses
IV. Net profit (net losses are
represented by “-”)(I) Net profit from continuous
operation (net losses are represented by“-”) (II) Net profit from discontinued
operation (net losses are represented by“-”)
V. Other comprehensive income net oftax(I) Other comprehensive income thatcannot be reclassified into the profit orloss
1.Changes arising from remeasurement of defined benefit plans
2.Other comprehensive incomethat cannot be transferred into profit orloss under equity method
3. Changes in fair value ofinvestments in other equity instruments
4. Changes in fair value of credit
risks of the enterprise(II) Other comprehensive income tobe reclassified into the profit or loss
1. Other comprehensive incomethat can be transferred into profit orloss under equity method
2.Changes in fair value of otherdebt investments
3. Reclassified financial assets thatare credited to other comprehensive
income4.Credit impairment provision forother debt investments
5.Reserve for cash flow hedging
6.Exchange differences ontranslation of financial statements
denominated in foreign currencies
7. Others
VI. Total comprehensive income
VII. Earnings per share:(I) Basic earnings per share(RMB/share)(II) Diluted earnings per share(RMB/share)

152,911,010.96

226,228,796.54-12,574,040.98

152,911,010.96

238,802,837.52

152,911,010.96

238,802,837.52

7,369,147.56

623,136,686.70
602,410,858.54

602,410,858.54

Person in charge of the Company: Li Huagang
Person in charge of accounting function: Gong Wei
Person in charge of accounting department: Ying Ke– 26 –

7,369,147.56

20,725,828.16

7,369,147.56

20,725,828.16

160,280,158.52

861,939,524.22

CASH FLOW STATEMENT OF THE PARENT COMPANY
January-September 2022
Prepared by: Haier Smart Home Co., Ltd.
Unit and Currency: RMB Type of Review: Unaudited
Items
2022 First Three Quarters
2021 First Three Quarters(January-September)(January-September)
I. Cash flow from operating activities:
Cash received from the sale of goods and364,344,810.90
5,212,025,027.75
rendering of services
19,589,497.52
43,690,364.62
Refunds of taxes
Other cash received from operating
235,437,891.28
223,792,006.86
activities
Sub-total of cash inflows from operating
619,372,199.70
5,479,507,399.23
activities
Cash paid on purchase of goods and
189,272,450.16
82,561,899.07
services
33,298,564.72
149,711,180.55
Cash paid to and on behalf of employees-16,023,080.78
38,215,278.27
Cash paid for all types of taxes
244,978,820.70
118,400,474.19
Other cash paid to operation activities
Sub-total of cash outflows from451,526,754.80
388,888,832.08
operating activities
167,845,444.90
5,090,618,567.15
Net cash flow from operating activities
II. Cash flow from investing activities:
Cash received from recovery of
2,529,920,000.00
429,100,000.00
investments
101,858,820.49
181,712,675.53
Cash received from return on investments
Net cash received from the disposal of
35,206,354.85
6,626,677.00
fixed assets, intangible assets and other longterm assets
Net cash received from disposal ofsubsidiaries and other operating entities
Other cash received from investment
8,456,180.95
activities
Sub-total of cash inflows from investing
2,675,441,356.29
617,439,352.53
activities
Cash paid on purchase of fixed assets
23,441,195.66
35,030,633.27
intangible assets and other long-term assets
4,064,405,507.20
356,500,000.00
Cash paid for investments
Net cash paid on acquisition ofsubsidiaries and other operating entities
1,964,600,000.00
110,618,996.43
Other cash paid on investment activities
Sub-total of cash outflows from6,052,446,702.86
502,149,629.70
investing activities
Net cash flow from investing-3,377,005,346.57
115,289,722.83
activities
III. Cash flow from financing activities:
940,041,004.94
Cash received from capital contributions
2,100,000,000.00
Cash received from borrowings
Other cash received from financing
7,841,605,940.88
274,916,813.36
activities
Sub-total of cash inflows from financing
10,881,646,945.82
274,916,813.36
activities
5,000,000.00
5,520,000,000.00
Cash paid on repayment of borrowings
Cash paid on distribution of dividends,
4,330,409,094.41
3,446,302,068.48
profits or interest expenses– 27 –

Other cash paid on financing activities
Sub-total of cash outflows fromfinancing activities
Net cash flow from financing
activities
IV. Effect of fluctuations in exchange rates
on cash and cash equivalents
V. Net increase in cash and cash
equivalents
Add: balance of cash and cash equivalents
at the beginning of the period
VI. Balance of cash and cash equivalents
at the end of the period

1,604,643,065.80

3,085,941,189.00

5,940,052,160.21

12,052,243,257.48

4,941,594,785.61-11,777,326,444.12

15,258,635.69-91,028.42

1,747,693,519.63-6,571,509,182.56

4,043,535,735.48

8,286,549,909.64

5,791,229,255.11

1,715,040,727.08

Person in charge of the Company: Li Huagang
Person in charge of accounting function: Gong Wei
Person in charge of accounting department: Ying Ke
The adjustments of the relevant items of the financial statements at the beginning of the year due to the first
implementation of new accounting standards or interpretations to accounting standards since 2022
□Applicable √Not Applicable
The Board of Haier Smart Home Co., Ltd.
28 October 2022

– 28 –

This announcement is published in both Chinese and English. Should there be any
inconsistency between the Chinese and English versions, the Chinese version shall prevail.
By order of the Board
Haier Smart Home Co., Ltd.*LI Huagang
Chairman
Qingdao, the PRC
28 October 2022

As at the date of this announcement, the executive directors of the Company are Mr. LI
Huagang and Mr. GONG Wei; the non-executive directors are Mr. YU Hon To, David,
Ms. Eva LI Kam Fun and Ms. SHAO Xinzhi; and the independent non-executive
directors are Mr. CHIEN Da-Chun, Mr. WONG Hak Kun, Mr. LI Shipeng and
Mr. WU Qi.
* For identification purpose only

– 29 –