With regard to the "Sichuan Lake Hill electrical exit sound industry fight the digital television equipment", reports false declaration

Sichuan Lake Mountain electric appliance co., Ltd. on the part of the media
The "Sichuan Lake Hill electrical exit sound industry fight digital television equipment" reports false declaration
Sichuan Lake Hill electrical appliance co., Ltd. (hereinafter referred to as the "Lake Hill electrical appliances") was established in August 1, 2006, professional audio product development, manufacturing, sales, its shareholders for Sichuan Hushan Electronics Co., Ltd. (stock code: SZ000801, hereinafter referred to as the "Sichuan Lake Mountain", holding 49%) and Sichuan Jiuzhou Electric Appliance group co., Ltd. (hereinafter referred to as "the Jiuzhou group", holding 51%). May 18, 2009, Sichuan Lake Hill announced significant asset restructuring programme, Sichuan Lake Mountain is its holdings of Hushan electrical 49% stake and Jiuzhou group holdings of Shenzhen Jiuzhou Electric Appliance co., Ltd. to 12.50% stake, the transaction is complete replacement, Sichuan Lake Hill, the main business to digital television equipment development, production and sales of integrated transition, no longer hold the shares of Hushan appliances. But some of the media will Sichuan Lake Mountain the assets reorganization and incorrectly reported as "Sichuan Lake Hill electrical exit sound industry fight digital television equipment" may make the Lake Hill electrical customers for Lake Mountain electrical can no longer engaged in the audio industry, will give the Lake Hill electrical production and sales have serious adverse effects. For this reason, Lake Hill appliances make the following statement:-

First, in Sichuan, the capital reorganization, Lake Hill appliances as Jiuzhou Group's wholly-owned subsidiary, will continue to engage in the stage sound system, KTV and electronic sound system, public broadcasting system, the cinema sound system, home theater and a microphone, headphones and sound product development, production and sales, and to spread the name family name of the culture, to revitalize the sound family audio industry as its mission to institutional innovation, technological innovation as the support to management innovation as the means to continue to stronger audio industry, for the majority of consumers for more and better audio products and excellent service.

Second, Lake Hill electrical requirements to publish and reproduce the "Sichuan Lake Hill electrical exit sound industry fight digital television equipment" false reports of newspapers, websites and other media, immediate clarification on this, avoid to Lake Hill appliances cause greater losses. Lake Hill electrical retention hold is not published and reproduced in the news media's legal liability.



It is hereby declared.



Sichuan Lake Hill electrical appliance co., Ltd.

2009 may 22