On September 10, 2011, Huajing Precision Manufacturing Co., Ltd., a wholly-owned subsidiary of Yu Diamond, opened a special account for raising funds at Zhengzhou Branch of China CITIC Bank Co., Ltd., with an account number of 7391310182100024219, and the company and sponsor institution China Merchants Securities Co., Ltd. The company and the special account bank signed the "Tripartite Supervision Agreement on Raised Funds". As of November 15, 2011, the balance of the special account was 1,961,895.99 yuan. On October 14, 2011, the company's 4th Extraordinary General Meeting of Shareholders in 2011 reviewed and approved the proposal of the company's use of some super-raised funds to increase the capital of its wholly-owned subsidiary Huajing Precision Manufacturing Co., Ltd. for the construction of micro-diamond line projects for the photovoltaic industry. . It is agreed that the company will use the over-raised funds of RMB 170 million to increase its capital for Huajing Precision Manufacturing Co., Ltd. to build a micro-diamond line project for the photovoltaic industry. In order to regulate the management of funds raised by the company and protect the rights and interests of small and medium-sized investors, according to relevant regulations, Huajing Precision, a subsidiary of the company, opened a special fund-raising account at CITIC Bank Co., Ltd. Zhengzhou Branch, and cooperated with the company and sponsor institution China Merchants Securities Co., Ltd. The special account bank signed the Supplementary Agreement on the Tripartite Supervision Agreement for Raised Funds.
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