The Board of Directors of Haier Electronics Group Co., Ltd. announced that Mr. Wu Yinong has tendered notice to the company that he will retire as an independent non-executive director of the company with effect from the conclusion of the 2013 Annual General Meeting of shareholders of the company to be held on May 28, 2013 and has decided not to offer himself for re-election. Mr. Wu Yinong has taken this decision due to his other personal commitments and business objectives. Accordingly, in accordance with the Bye-laws of the company, Mr. Wu's terms of appointment will expire at the conclusion of the 2013 AGM.

He will also cease to be a member of the Company's audit committee, remuneration committee and nomination committee, on 28 May 2013.