UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, ~~D.C.~~DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

~~Pursuant~~TO toSECTION ~~Section~~ 13 orOR 15(dD) of ~~the~~OF ~~Securities Exchange Act of 1934~~THE

~~Date~~SECURITIES ofEXCHANGE ~~Report~~ACT ~~(Date~~OF ~~of earliest event reported): June 29, 2013~~1934

~~Commission~~Date ~~File~~of ~~Number~~report (Date of earliest event reported): December ~~333-~~9, ~~152535~~2014

~~China~~CHINA ~~Electronics~~ELECTRONICS ~~Holdings~~HOLDINGS, ~~Inc~~INC. ~~(Exact name of registrant as specified in its charter)~~

Nevada		98- 0550385
(State or other jurisdiction of incorporation)		(IRS Employer Identification Number)
Building 3, Binhe District, Longhe East Road, Lu’an City, Anhui Province, PRC 237000
(Address of principal executive offices)
011-86-564-3224888
(Registrant’s telephone number, including area code)

(Exact Name of Registrant as Specified in Its Charter)

~~Buyonate, Inc~~Nevada

#(State ~~803-5348~~or ~~Vegas~~Other ~~Drive,~~Jurisdiction ~~Las~~of ~~Vegas, NV 89108~~Incorporation)

333-152535 (~~Former~~Commission ~~name,~~File ~~former~~Number) ~~address~~98-0550385 ~~and~~(I.R.S. ~~former~~Employer ~~fiscal~~Identification ~~year, if changed since the last report~~No.)

~~Check~~Building ~~the~~3, ~~appropriate~~Binhe ~~box~~District, ~~below~~Longhe ~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:~~East Road,

oLu’an ~~Written~~City, ~~communication~~Anhui ~~pursuant~~Province, ~~to Rule 425 under the Securities Act (17 CFR 230.425)~~PRC 237000

o(Address ~~Soliciting~~of ~~material~~Principal ~~pursuant~~Executive toOffices, Zip ~~Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12~~Code)

~~o Pre~~011-~~commencement communications pursuant to Rule 14d~~86-~~2(b) under the Exchange Act (17 CFR 240.14d~~564-~~2(b))~~3224888

~~o Pre-commencement communications pursuant to Rule 13e-4~~(c)Registrant's ~~under~~telephone ~~the~~number, ~~Exchange~~including area ~~Act (17 CFR 240.13e-4(c~~code))

~~Item~~(Former ~~1.01~~Name ~~Entry~~or ~~into~~Former aAddress, ~~Material~~if ~~Definitive~~Changed Since ~~Agreement~~ Last Report)

~~Item~~Check ~~2.01~~the ~~Completion~~appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of ~~Acquisition~~the orregistrant ~~Disposition~~under any of ~~Assets~~the following provisions (see General Instruction A.2. below):

On¨ ~~June~~Written ~~29,~~communications ~~2013,~~pursuant ~~China~~to ~~Electronics~~Rule ~~Holdings,~~425 ~~Inc. (the “Company”), through its indirectly wholly owned subsidiary Lu’an Guoying Electronic Sales Co., Ltd., a wholly foreign enterprise~~ under the ~~laws~~Securities ofAct ~~the People’s Republic of China~~ (~~“Guoying”),~~17 ~~executed~~CFR ~~a share transfer agreement (the “Transfer Agreement”) with Mr~~230. ~~Li Xiaoyu (“Buyer of Opto-Electronics”~~425) to sell its 99% ownership interest in its subsidiary Lu’an Guoying Opto-Electronics Technology Co., Ltd. (“Opto-Electronics”) for a total consideration of $962,224 (RMB 5,940,000). The Company has accounted for the disposition of the assets of discontinued operation in accordance with SFAS 144 (“FASB ASC 360”), “Accounting for the Impairment or Disposal of Long-Lived Assets”. No gain or loss was recognized for this disposal in the Company’s consolidated statements of operation and comprehensive income for the nine months ended September 30, 2013.

~~The~~¨ ~~following~~Soliciting ~~tabulation~~material ~~summarizes~~pursuant ~~the~~to ~~operation~~Rule ~~results of Opto~~14a-~~Electronics~~12 ~~for~~under the ~~period~~Exchange ~~ended~~Act ~~June~~(17 ~~29,~~CFR ~~2013, which was also accounted as loss from discontinued operations, net of tax in the consolidated statements of operation and comprehensive income~~240.14a-12)

	Period Ended
	June 29, 2013
Revenue	$	-
Cost of revenue		-
Gross profit		-
Operating expenses		-
Operating income		-
Other expense		(8	)
Earnings before tax		(8	)
Provision for income tax		-
Net income	$	(8	)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

On¨ ~~July 28, 2013, the Company through its indirectly wholly owned subsidiary Guoying executed an assets sales agreement (the “Sales Agreement”) with Opto~~Pre-~~Electronics.~~commencement ~~Pursuant~~communications topursuant ~~the Sales Agreement, Opto-Electronics agreed~~ to ~~purchase~~Rule ~~the Company’s assets associated with the logistics and transportation centers for a total consideration of $3,239,810~~ 13e-4(~~RMB 20,000,000~~c). ~~The~~under ~~purchase~~the ~~price~~Exchange isAct ~~payable in three installments as follows: a) $809,952~~ (~~RMB~~17 ~~5,000,000)~~CFR ~~is payable by December 31, 2013; b) $1,619,906~~ 240.13e-4(~~RMB 10,000,000) is payable by December 31, 2014; and~~ c) ~~$809,952 (RMB 5,000,000~~) ~~is payable by December 31, 2015. In the event that Opto-Electronics does not make the payments when due, Opto-Electronics will be penalized at a monthly rate of 0.02% of the outstanding balance.~~

~~The~~Section ~~land~~8 ~~use~~– ~~rights~~Corporate ~~related to the Sales Agreement were acquired through Pingqiao Industrial Park in Lu’an City~~ Governance and were re-appraised by an independent appraisal firm Lu’an Shiji Land Price Evaluation Consultative Co., Ltd. on April 24, 2013. The appraisal firm concluded the fair value of the 38,449 square meters portion of the land that the Company has received a land use rights certificate issued by Yu’an people’s government on April 16, 2012 with a term of 50 years until 2062 was $1,774,722 (RMB 11,073,378). Pursuant to the Sales Agreement, Opto-Electronics will carry a contractual obligation to negotiate with the Yu’an government for purchase price to be paid to the Company to obtain the land use rights certificate of the remaining 126, 534 square meters of Pingqiao land.Management

InItem ~~accordance with SFAS No~~8. ~~144 (ASC 360~~01-~~10),~~ ~~“Accounting~~Other for the Impairment or Disposal of Long-lived Assets” (“SFAS 144”), the Company classified its logistics and transportation center which was still under construction as a component of discontinued operation. Accordingly, the assets associated with the logistics and transportation centers have been classified as long-term assets held for sale in the consolidated balance sheets as of June 30, 2013. The long-term assets held for sale includes: a) construction in progress, b) advance for construction of property and equipment, and c) land use rights the Company acquired through Pingqiao Industrial Park in Lu’an City.Events

~~The~~On ~~Company~~December ~~has~~9, assessed its long-term assets held for sale and determined that write-down was necessary because the sales price of the long-term assets held for sale was significantly less than its carrying value. Therefore2014, asChina ~~of June 30~~Electronics Holdings, ~~2013,~~Inc. (the “Company ~~has written down the long-term assets held for sale to $3,239,810 (RMB 20,000,000~~”), ~~the~~issued ~~same~~a ~~value~~press asrelease ~~sales~~announcing ~~price in~~ the ~~consolidated~~engagement ~~balance sheets and has recorded $30,511,118 impairment loss in the consolidated statements~~ of ~~operations~~American ~~and~~Capital ~~comprehensive~~Ventures ~~income~~to ~~for~~provide investor ~~the~~relations ~~six~~services ~~months~~to ~~ended June 30, 2013. As of September 30, 2013,~~ the Company. ~~has~~A ~~classified~~copy ~~the long-term assets held for sale as receivable from Buyer~~ of ~~Opto-Electronics because~~ the ~~assets~~press ~~associated~~release ~~with~~is ~~the~~attached ~~logistics~~as ~~and~~Exhibit ~~transportation~~99.1 ~~centers~~to ~~has~~this ~~been~~Current ~~disposed~~Report on ~~July 28, 2013~~Form 8-K.

~~The~~Section ~~following~~9 ~~tabulation~~–Financial ~~presents the calculation of the difference between the sales price~~ Statements and ~~the carrying value of the long-term assets held for sale:~~Exhibits

	At
	September 30,
	2013
Land use rights	$	15,173,948
Construction in progress		8,228,650
Advance for construction of plant and equipment		10,496,935
		33,899,533
Less: sales price		(3,259,240	)
Impairment loss		(30,640,293	)

Item 9.01

Financial Statements and Exhibits

~~Item~~(d) ~~9.01 Financial Statements and~~ Exhibits.

(d) Exhibits

Exhibit No.	Description

99.1	Press Release issued December 9, 2014

Exhibit No.		Description
2.1		Share Transfer Agreement of Opto-Electronics between Lu’an Guoying Electronics Sales Co., Ltd and Mr. Li Xiao Yu dated June 29, 2013(incorporated herein by reference to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on December 6, 2013).
2.2		Asset Sales Agreement of Pingqiao Land Use Right and Logistics Centers between Lu’an Guoying Electronics Sales Co., Ltd and Lu’an Guoying Opto-Electronics Technology Co., Ltd dated July 28, 2013(incorporated herein by reference to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 filed on December 6, 2013).

SIGNATURES

~~SIGNATURES~~Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CHINA ELECTRONICS HOLDINGS, INC.


	By:	/s/ Hailong Liu
		Name:Hailong Liu
		Title: Chairman, Chief Executive Officer,
		President and Chief Financial Officer

Date: December 9, 2014

Dated: March 21, 2014	China Electronics Holdings, Inc.
	By:	/s/ Hailong Liu
		Hailong Liu
		Chief Executive Officer

Filing Compare · China Electronics Holdings, Inc.