Core Viewpoint - Huifeng Diamond announced plans for its subsidiaries to apply for a total credit limit of up to 120 million yuan from several banks to support operational development and working capital needs [2] Group 1: Company Actions - The company’s fourth board meeting approved a proposal for its subsidiaries, Henan Huifeng Diamond Co., Ltd. and Henan Kela Diamond Co., Ltd., to seek bank credit [2] - The subsidiaries intend to apply for a cumulative credit limit not exceeding 120 million yuan from CITIC Bank, China Bank, and SPD Bank [2] - The company will provide joint liability guarantees for the credit applications made by its subsidiaries [2] Group 2: Related Transactions - The proposal involves related party transactions and is subject to approval by the shareholders' meeting [2]