Ya Chuang Electronics: The application documents for issuing shares, paying cash to purchase assets, and raising supporting funds have been accepted by the Shenzhen Stock Exchange.

Yachuang Electronics announced that the company plans to issue shares and pay cash to acquire 40.00% equity of Shenzhen Orcchip Semiconductor Co., Ltd. and 45.00% equity of Shenzhen Yihai Nengda Co., Ltd., and has submitted the application documents for raising supporting funds to the Shenzhen Stock Exchange. This transaction still needs to go through multiple approval processes, including approval from the Shenzhen Stock Exchange, registration approval from the China Securities Regulatory Commission, etc. There is uncertainty as to whether the approval can be obtained and the timeline for it.