**Abstract**
Stock Code: 300179
Securities Abbreviation: Sifangda
Announcement No.: 2013-026
Henan Sifangda Superhard Materials Co., Ltd.
Announcement on the Resolutions of the Eleventh Meeting of the Second Supervisory Committee
The company and all members of the Board of Supervisors have guaranteed that the contents of this announcement are true, accurate, and complete, with no false records, misleading statements, or material omissions.
On April 16, 2013, the Supervisory Board of Henan Sifangda Superhard Materials Co., Ltd. (hereinafter referred to as "the Company") issued the notice for the eleventh meeting of the second session of the Supervisory Committee to all supervisors via direct delivery or email. The meeting was held in person at the fourth-floor meeting room of the company on May 27, 2013, at 11:00 a.m.
A total of three supervisors were expected to attend, and all three were present. The meeting was conducted in accordance with the relevant provisions of the Company Law and the Company’s Articles of Association. The meeting was convened and chaired by Ms. Yang Aiyong, Chairman of the Board of Supervisors. The supervisors carefully reviewed the agenda items and passed the following resolutions through a registered ballot:
The proposal titled "Proposal on the Use of Bank Acceptance Bills to Pay Funds for Investment Projects" was reviewed and approved. After careful review and discussion, all supervisors unanimously agreed that the company may use bank acceptance bills to pay for project funds, equipment purchases, and materials procurement under the investment projects funded by the raised capital. This approach does not alter the original purpose of the raised funds or affect the planned investment. It is expected to enhance the efficiency of capital utilization, reduce the cost of capital, and better safeguard the interests of the company and its shareholders. The board supports the company's decision to use bank acceptance bills for fundraising-related projects.
The voting result was 3 votes in favor, 0 against, and 0 abstentions.
This is a special announcement.
**Henan Sifangda Superhard Materials Co., Ltd. Supervisory Committee**
May 27, 2013
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