Yu Diamond: A supplementary agreement to sign a tripartite regulatory agreement for raised funds

On September 10, 2011, Huajing Precision Manufacturing Co., Ltd., a wholly-owned subsidiary of Yu Diamond, opened a special account for raising funds at Zhengzhou Branch of China CITIC Bank Co., Ltd., with an account number of 7391310182100024219, and the company and sponsor institution China Merchants Securities Co., Ltd. The company and the special account bank signed the "Tripartite Supervision Agreement on Raised Funds". As of November 15, 2011, the balance of the special account was 1,961,895.99 yuan.   On October 14, 2011, the company's 4th Extraordinary General Meeting of Shareholders in 2011 reviewed and approved the proposal of the company's use of some super-raised funds to increase the capital of its wholly-owned subsidiary Huajing Precision Manufacturing Co., Ltd. for the construction of micro-diamond line projects for the photovoltaic industry. . It is agreed that the company will use the over-raised funds of RMB 170 million to increase its capital for Huajing Precision Manufacturing Co., Ltd. to build a micro-diamond line project for the photovoltaic industry. In order to regulate the management of funds raised by the company and protect the rights and interests of small and medium-sized investors, according to relevant regulations, Huajing Precision, a subsidiary of the company, opened a special fund-raising account at CITIC Bank Co., Ltd. Zhengzhou Branch, and cooperated with the company and sponsor institution China Merchants Securities Co., Ltd. The special account bank signed the Supplementary Agreement on the Tripartite Supervision Agreement for Raised Funds.  

Shear Beam Load Cells

Shear Beam Load Cells are widely used where operators need to measure compressive forces. The core component of a shear beam load cell is a spring element. This element is a piece of metal that is elastically deformed under load and recovers the moment the load is removed.

The (single-ended) shear beam is designed for low profile scale and process applications. The shear beam capacities are from 100kg to 50t. One end of the shear beam contains the mounting holes while the opposite end is where the cell is loaded. The load cell should be mounted on a flat smooth surface with high-strength hardened bolts. The larger shear beam cells have more than two mounting holes to accommodate extra bolts to keep the hardware from stretching under stress load.

Shear beams are available of nickel-plated alloy steel or stainless steel for use in harsh environments.

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