Shanghai Yufeng Investment and others signed a contract to acquire an additional 27.86% stake in Midong Electronics & Telecommunication Co., Ltd. (KOSDAQ:A161570) from a group of sellers for KRW 25 billion on September 1, 2015. The sellers include Kim, Beom-Soo, Kim, Jung-Wook, Kim, Jung-Yong, Lee, Sang-Il, Park, Sang-Ha and Lim, Tae-Seung. A deposit of KRW 2.5 billion is to be paid on September 1, 2015 and the balance is to be paid on October 30, 2015. The buyers acquired 3.6 million shares for KRW 7,000 each. The scheduled date of change is October 31, 2015.

Shanghai Yufeng Investment and others completed the acquisition of an additional 27.86% stake in Midong Electronics & Telecommunication Co., Ltd. (KOSDAQ:A161570) from a group of sellers on November 6, 2015.