On September 3, Yu Diamond (300064.SZ) announced that the company and the Agricultural Investment Financial Control signed a Cooperation Framework Agreement in Zhengzhou City, Henan Province. The two parties intend to pass industrial integration, equity cooperation, financial services and corporate consulting. The mode promotes the company's strategic transformation and upgrading, and contributes to the development of the super-hard materials industry.
Image Source: Intercepted by Yu Diamond Announcement
Yu Diamond said that the content of this cooperation is as follows:
1. Equity cooperation promotes strategic transformation and industrial upgrading
In the process of achieving the overall development strategy goal and industrial layout of Yu Diamond, the two parties intend to further explore the equity cooperation plan based on the strategic cooperation needs, and form a strategic alliance of close cooperation. The agricultural investment gold control uses its own advantages for the possible involvement of Yu Diamond. The asset and creditor integration business provides professional services to realize the qualifications and resources related to the investment of agricultural investment in the diamond industry. The agricultural investment and financial control can also promote the development of the new material industry through the relevant platform of Yu Diamond, and achieve strategic synergy development. Jointly carry out industrial layout and industrial upgrading around industrial planning. A separate written agreement will be signed to clarify the specific equity cooperation plan.
2. Financial services help the development of super-hard materials industry
With its financial means, Agricultural Investment Financial Co., Ltd. assists Yu Diamond in providing comprehensive financial services in the fields of industrial expansion, asset management, strategic investment and industrial investment through the industrial fund, financial leasing and supply chain finance. It will be based on the next two years. For the development of Yu Diamond, the Agricultural Investment Gold Control provides liquidity to Yu Diamonds of not less than RMB 3 billion, and gives full play to the advantages of both parties in industrial resources and investment and financing. The industrial chain of new materials in emerging industries and consumption projects. The layout will promote the establishment of capital ties between the two parties, realize the value investment and value-added of both parties, and create a new platform for innovative and collaborative industries.
3. Consulting services promote cooperation between the two parties
Agricultural Investment Gold Control utilizes its own professional advantages to provide services such as strategic consulting, management consulting and financial consulting to Henan Diamond.
4. Promote business exchanges and cooperation between their respective shareholders and their respective affiliates, as well as other aspects of cooperation agreed upon by the parties.
Quick Release Pin
Quick Release Pins have a wide range of uses in fastening , locating , and alignment applications. The pins will not release until the button on the handle is depressed. Once the button is depressed, the balls retract into the shank allowing the pin to be inserted or removed into or out of a hole. The shanks are made from 304 or 17-4PH stainless steel. The handles for the pins listed below are made from aluminum alloy and anodized black. Stainless steel handles are also available .The pins are supplied with stainless steel split ring for attaching a cable assembly .Pins in other grip lengths are available as special orders .
The detent pins are designed to use in temporary quick disconnect operations. Used as a convenient way to adjust or remove accessories on equipment. The pin has a ball bearing on one end with a steel spring works that depresses and springs out to lock the pin into place.Rigid quality control procedures ensure a consistent fastener you can count on. Standard sizes are made from low carbon steel,zinc plated, or stainless steel.
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