Zheng Quan Zhi Xing·2025-07-29 16:33Summary of Key Points Core Viewpoint - The company, Henan Power Diamond Co., Ltd., has made adjustments to its fundraising projects by adding new implementation entities and locations, which aligns with its long-term development strategy and complies with regulatory requirements [2][6]. Fundraising Basic Information - The company issued 24,148,792 A-shares at a price of RMB 162.01 per share, resulting in a net fundraising amount of RMB 3,890,931,000 after deducting related expenses [2][3]. Changes in Implementation Entities and Locations - The project "Phase II Diamond and Cultured Diamond Intelligent Factory Construction Project" will now include a wholly-owned subsidiary, Yangzhou Power Diamond Co., Ltd., as a joint implementation entity, with Yangzhou as an additional implementation location [3][4]. New Implementation Entity Details - Yangzhou Power Diamond Co., Ltd. is located in Jiangsu Province with a registered capital of RMB 100 million, focusing on non-metallic mineral products and jewelry manufacturing [3][4]. Fund Management and Oversight - The company has established a special account for the management of the raised funds, ensuring that the funds are used solely for the designated project and comply with relevant regulations [5][6]. Rationale for Changes - The decision to add Yangzhou as an implementation location is based on its strategic geographical advantages, proximity to major markets, and the potential for improved logistics and customer service [5][6]. Impact of Changes - The adjustments will not alter the intended use of the raised funds and are expected to enhance operational efficiency without negatively impacting the company's production and business operations [6][7]. Approval Process - The changes were approved by the company's board of directors, supervisory board, and independent directors, confirming compliance with legal procedures and regulatory requirements [7][8].