Shanghai Yachuang Electronic Group Co., Ltd.
Explanation of Revisions to the Report on Issuing Shares and Paying Cash to Acquire 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 acquire 40.00% equity in Shenzhen Ou Chuang Xin Semiconductor Co., Ltd. and 45.00% equity in Shenzhen Yi Hai Neng Da Co., Ltd. (hereinafter referred to as the "Target Assets") and raise supporting funds (hereinafter referred to as the "Transaction").