Yu Diamond: Announcement for Applying for Issuance of Short-term Financing Bonds

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Abstract Stock Code: 300064 Securities Abbreviation: Yu Diamond Announcement No.: 2013-038 Zhengzhou Huajing Diamond Co., Ltd. Announcement on Applying for Issuance of Short-term Financing Bonds The Company and all members of the Board of Directors guarantee the truthfulness, accuracy and completeness of the information disclosure. ..
Stock code: 300064 Securities abbreviation: Yu Diamond Announcement No.: 2013-038

Zhengzhou Huajing Diamond Co., Ltd. Announcement on Applying for Issuance of Short-term Financing Bond

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there are no false records, misleading statements or major omissions.

In order to broaden financing channels, optimize financing structure and reduce financing costs, Zhengzhou Huajing Diamond Co., Ltd. (hereinafter referred to as “the company”) is based on the “Management Measures for Non-financial Corporate Debt Financing Instruments in the Inter-bank Bond Market” and “Interbank Bonds” of the People's Bank of China. In accordance with the relevant provisions of the market non-financial enterprise short-term financing bill business guidelines, in conjunction with the company's development needs, it is proposed to apply for the issuance of short-term financing bonds through the Guangdong Development Bank Co., Ltd. to the China Interbank Market Dealers Association. The specific plan for issuing short-term financing bills is as follows:

I. The specific plan for issuing short-term financing bonds this time

1. Scale of issuance

The size of the short-term financing bonds to be applied for registration and issuance is not more than RMB 500 million. The balance of the company's short-term financing bills to be repaid does not exceed 40% of the company's latest audited net assets.

2. Release time and deadline

The company will issue instalments within the validity period of the registration of the China Interbank Market Dealers Association according to the actual funding needs. The short-term financing bill is issued for a period of no more than 365 days.

3. Purpose of the issue

The funds raised by the company to issue short-term financing bills will be mainly used to return bank loans and supplement the liquidity required for the company's production and operation.

4. Distribution method

The short-term financing bonds issued by the company for this time are publicly issued by the underwriting institution in the national inter-bank bond market by means of balance underwriting.

5. Issuance rate

The issue rate is determined by the bookkeeping filing method according to the national inter-bank bond market during the issuance period.

6, the issue object

This short-term financing bill is issued to institutional investors in the national inter-bank bond market (excluding purchasers prohibited by national laws and regulations).

2. Matters required to be submitted to the general meeting of shareholders

        The company intends to request the general meeting of shareholders to authorize the board of directors to be responsible for all matters related to the issuance of short-term financing bills, and agrees that the board of directors authorizes the chairman to exercise, including but not limited to:

1. Within the scope permitted by laws and regulations, according to market conditions and company needs, formulate the specific issuance plan for the issuance of short-term financing bonds and the revision and adjustment of the issuance terms for the issuance of short-term financing bonds, including the issuance period and the issuance quota. All matters relating to the terms of the issue, such as the issue rate, the method of issuance, and the method of underwriting.

2. Engage an intermediary agency to handle the issuance of this short-term financing bill;

3. Sign the contracts, agreements and related legal documents related to the issuance of short-term financing bonds;

4. Perform information disclosure obligations in a timely manner;

5. Handling Other matters related to the issuance of short-term financing bonds;

6. The validity period of this authorization shall be from the date of approval of the general meeting of shareholders to the date when the above-mentioned authorization matters are completed.

        The independent directors of the company issued independent opinions on the issuance of short-term financing bills.

        The matter needs to be submitted to the company's shareholders meeting for consideration. The issuance of short-term financing bills of the company is subject to the approval of the China Association of Interbank Market Dealers and is implemented after the China Interbank Market Dealers Association accepts the registration.

        Whether or not the issue of short-term financing bills is registered is uncertain. Investors are advised to invest rationally and pay attention to investment risks.

Special announcement.

Zhengzhou Huajing Diamond Co., Ltd.

Board of Directors

September 30, 2013

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