Da Yun Heng Tong E-Commerce Company, Ltd. G08, Guangcai Supermarket, Mozitan Road Lu'An, China

Exhibit 99.1

Da Yun Xxxx Xxxx E-Commerce Company, Ltd.

G08, Guangcai Supermarket, Mozitan Road

Lu'An, China

March 31, 2015

Lu'An Guoying Electronics Sales Co., Ltd.

Building 0, Xxxxx Xxxxxxxx, Xxxx Xx Xxxx Xxxx

Lu'An City, An Hui Province, China

On March 31, 2015, Lu'An Guoying Electronics Sales Co., Ltd., a PRC corporation (the "Purchaser"), a wholly owned subsidiary of China Electronics Holdings., Inc. (“Parent” or the "Company") and Xx Xxx Xxxx Xxxx E-Commerce Company., Ltd., a PRC corporation (the "Seller" or "Company" or "Anhui Glory E-Commerce") based in An Hui Province of People's Republic of China, agreed to extend the closing date of a potential acquisition transaction from March 31, 2015 to June 30, 2015 set forth in a letter of intent (the "Letter of Intent") agreed by both parties dated December 18, 2014 and filed as Exhibit 99.1 to the Form 8-K filed with the Securities and Exchange Commission (the "SEC") dated December 18, 2014 due to failure to obtain a financing to consummate the proposed acquisition.

CHINA ELECTRONICS HOLDINGS INC.

By: /s/Xxxxxxx Xxx  

       Xxxxxxx Xxx, CEO and Chairman

Agreed to and accepted as of the

date first above written: March 31, 2015

DA XXX XXXX TOMG E-COMMERCE COMPANY., LTD.

By:  /s/ Xxxxxxxx Xxx  

       Xxxxxxxx XXX

       General Manager