Yu Diamond: part of the controlling shareholder's share pledge

Abstract Zhengzhou Huajing Diamond Co., Ltd. (referred to as "the company") recently received a notice from its controlling shareholder, Henan Huajing Superhard Materials Co., Ltd. (referred to as "Henan Huajing"). According to the information, Henan Huajing had previously pledged 59.7 million restricted shares of Zhongyuan Trust Co., Ltd. These shares were subject to a stock split on May 23, 2012, where each 10 shares were converted into 10.914 shares. The pledge was later released on March 26, 2013. On May 22, 2013, the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. completed the partial pledge procedures and lifted the pledge of 59.7 million shares. This update was officially disclosed on the designated GEM information disclosure website of the China Securities Regulatory Commission on July 9, 2013.
As of the date of this announcement, Henan Huajing holds a total of 246.6 million unrestricted shares in the company, representing 40.56% of the company’s total share capital. The current pledge involves 59.7 million shares, which accounts for 24.21% of the shares held by Henan Huajing and 9.82% of the company's total share capital.
Following the release of the previous pledge, the total number of shares pledged by Henan Huajing now stands at 61 million shares, equivalent to 24.74% of the shares it holds and 10.03% of the company’s total share capital. This indicates that the company continues to maintain a significant level of shareholder support, with its controlling shareholder actively managing its equity structure. Investors are advised to closely monitor future developments related to the company’s ownership and capital changes.
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