Announced on September 27, 2013, the 19th meeting of the second board of directors of Henan Diamond was held on September 26, 2013. The company reviewed and approved the company's “solutions on fundraising investment projects and the use of surplus funds for the company's construction. Project Proposal. The company plans to use the funds raised from the fundraising project of RMB 87,100,000 for the company's annual output of 1.02 billion carats of high-grade synthetic diamond projects, reducing the amount of bank loans.
In the “Announcement on the Recruitment of Investment Projects and the Use of Raised Funds for the Projects Under Construction†issued by Yu Diamond on September 26th, “As of August 31, 2013, the company raised funds for investment projects†"300 million carats of high-grade synthetic diamond project", "Zhengzhou synthetic diamond and product engineering technology research center expansion project", super-raised capital investment project "annual output 340 million carats high-grade diamond project" has reached the expected usable state, cumulative use The raised funds amounted to RMB 41,024,400, and the raised funds totaled RMB 8.7105 million (including interest income). The above projects were agreed to be closed.
The company uses the funds raised from the raised funds to invest in the 1.02 billion carat high-grade synthetic diamond project under construction, which is conducive to improving the efficiency of the use of raised funds, reducing financial costs, improving operational efficiency, meeting the company's development needs, and not damaging the company's shareholders. Benefits, agree that the company will invest the above-mentioned raised funds project balance funds in the “annual production of 1.02 billion carats of high-grade synthetic diamond projectâ€. â€
Yu Diamond is the most complete synthetic diamond manufacturer with the domestic technology and R&D capability. After the construction industry enters the trough, the company actively accelerates the industrial transformation and upgrading, and broadens the application field of the products. At present, the industry has shown a clear bottoming out trend. The company is expected to It is the first to benefit. The investment of 1.02 billion carats of high-grade diamond projects with an annual output is nearing completion. The prospects for the economic benefits will be injected into the project. It is expected that the financial cost of the construction period will be 572,200 yuan, which is in line with the company's interests.
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