Huifeng Diamond: Transfer of fixed assets between wholly-owned subsidiaries.

Hui Feng Diamond Announcement: To optimize industry layout and integrate resources, the company's wholly-owned subsidiary, Hui Feng Diamond, plans to transfer 52 units of MPCVD microwave plasma chemical vapor deposition equipment and related supporting equipment to its wholly-owned subsidiary, Hui Feng Diamond. The transfer price, excluding tax, is approximately 30.9399 million yuan.