Hi-Great Group Holding Company (OTC:HIGR)

Hi-Great Group Holding Company (“Hi-Great Group”) was incorporated in the State of Nevada, USA on September 21, 2010 for the purpose of becoming the holding company of Hi-Great Electronic (Shanghai) Co., Ltd (“Hi-Great Electronic”). A Share Exchange Agreement was closed as of September 21, 2010, between Hi-Great Group and Hi-Great Electronic. The sole purpose of the transaction under the Agreement was the establishment of a U.S. Holding Company, i.e., Hi-Great Group by a Chinese operating entity, i.e., Hi-Great Electronic.

At the Closing, the shareholders of Hi-Great Electronic received from the Hi- Great Group 18,000,000 Shares of Common Stock of the Hi-Great Group in exchange for the transfer of 18,000,000 shares of the Common Stock of Hi-Great Electronic on an one share for one share basis.