Shanghai YaChuang Electronic Group Co., Ltd.
Explanation of Revisions to the Report on Issuing Shares and Paying Cash to Purchase Assets and Raise Supporting Funds (Draft)
Shanghai YaChuang Electronic Group Co., Ltd. (hereinafter referred to as the "Company") plans to issue shares and pay cash to purchase 40.00% equity in Shenzhen OuChuangxin Semiconductor Co., Ltd. and 45.00% equity in Shenzhen YiHaiNengDa Co., Ltd. (hereinafter referred to as the "Target Assets") and raise supporting funds (hereinafter referred to as the "Transaction").