**Abstract**
Stock Code: 300179 | Stock Abbreviation: Sifangda | Announcement No.: 2013-042
**Announcement on the Resolutions of the Fifteenth Meeting of the Second Board of Directors of Henan Sifangda Superhard Materials Co., Ltd.**
Henan Sifangda Superhard Materials Co., Ltd. (hereinafter referred to as “the Companyâ€) hereby announces the resolutions adopted at the fifteenth meeting of the second board of directors, which was held on August 22, 2013. The meeting was convened by direct delivery or email to all directors, supervisors, and senior management, and was conducted in accordance with the provisions of the Company Law and the Articles of Association.
The meeting was presided over by Mr. Fang Haijiang, Chairman of the Board. All nine directors attended the meeting, and all supervisors and senior management were present. The meeting was conducted in a transparent and orderly manner.
The following resolutions were passed:
1. **Approval of the 2013 Semi-Annual Report and Summary**
During the reporting period, the Company achieved total operating revenue of RMB 59,935,700, representing an increase of 1.09% compared to the same period last year. Operating profit reached RMB 14,457,800, up by 2.46%, while total profit amounted to RMB 15,537,200, a decrease of 16.72% year-over-year. Net profit attributable to shareholders of listed companies stood at RMB 14.2416 million, reflecting a year-on-year decline of 17.13%.
The resolution was passed unanimously, with 9 votes in favor, 0 against, and 0 abstentions.
2. **Approval of the Proposal on Continued Use of Own Idle Funds for Investment and Financial Management**
In order to optimize the use of idle funds without affecting daily operations, the board approved the continued investment of surplus capital in financial instruments to enhance returns. Details of this proposal can be found in the separate announcement titled "Announcement on Continued Use of Own Idle Funds for Investment and Financial Management."
This proposal was also passed unanimously, with 9 votes in favor.
3. **Approval of the Amendment Proposal**
The board approved the proposed amendments to the relevant company documents. The resolution was passed without any opposition.
The Company and its board of directors confirm that the contents of this announcement are accurate, complete, and free from false statements or material omissions.
**Henan Sifangda Superhard Materials Co., Ltd.**
Board of Directors
August 22, 2013
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*Note: This document is intended for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities.*
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