According to the third quarter report of Henan diamond, the company lost 124 million yuan in the third quarter, and the accumulated loss in the first three quarters has reached 481 million yuan. According to the resolution documents of the board of directors disclosed on the same day, the company once called nine directors to hold the board meeting on October 27, among which directors Wang Daping and Liu Miao voted against the third quarterly report. As for the reasons for objection, both sides said that they could not express their opinions on the occupation of non recurrent funds, so they could not confirm the authenticity, accuracy and completeness of the quarterly report. < / P > < p > the two directors said in the note that the statement that the company claimed that there was no occupation of non operating funds of the listed company by the controlling shareholders and related parties during the reporting period was ambiguous, and the company failed to explain in its reply to the Shenzhen Stock Exchange on October 27. At the same time, director Liu Miao said in the note issued that she had submitted the letter on timely reply to the inquiry to the company on October 23, but had not received a reply. < / P > < p > Wang Daping and Liu Miao served as directors of the company in May 2019 and January 2019, respectively. According to his resume, Wang Daping has successively served as senior manager of Asset Management Department of Minsheng Securities Co., Ltd., deputy general manager of Henan small and Medium-sized Enterprise Investment Guarantee Co., Ltd., and is now a director of Henan small and Medium-sized Enterprise Investment Guarantee Co., Ltd., a director of Henan sailing capital management Co., Ltd., a director of Henan agricultural development supply chain Co., Ltd., and a director of Shenzhen Agricultural Investment Development Co., Ltd. Since 2013, Liu Miao has successively served as the director and deputy general manager, director and general manager and chairman of Zhengzhou Lianchuang Rongjiu small loan Co., Ltd., and is now the deputy general manager of Henan Agricultural Investment Financial Holding Co., Ltd., the chairman of Henan Agricultural Investment Financial Service Co., Ltd., and the chairman of Zhengzhou Lianchuang Rongjiu small loan Co., Ltd. < / P > < p > the company said in the third quarter report that by the end of the reporting period, the company had involved in 64 litigation / arbitration cases, with a total amount of about 4.797 billion yuan. Among them, 60 cases involving the company and its holding subsidiary as defendants, with a case amount of about 4.566 billion yuan; and 4 cases involving the company and its holding subsidiary as the plaintiff, with the case amount of about 230 million yuan. At the same time, in the annual report of 2019, the audit institutions have issued qualified opinions, which specifically involve five aspects, including guarantee and litigation matters, account offset and asset impairment, related parties and related party transactions, significant uncertainty in the ability of going concern, and investigation filed by the CSRC. < / P > < p > even if the directors have internal conflicts and lawsuits, the market has not stopped pursuing them. Statistics show that since the stock price started on August 21, Yu diamond has increased by more than 183%. < p > < p > after breaking away from the fundamentals, Yu diamond has attracted the attention of the regulatory authorities. In April this year, Yu diamond was investigated by the CSRC for suspected illegal information disclosure. At the same time, Yu diamond has received 8 letters of concern and 2 letters of inquiry on periodic reports since this year. But the number of replies to these letters was only three. < / P > < p > Shenzhen Stock Exchange was completely angry at this arrogant attitude. On the evening of October 27, Shenzhen Stock Exchange issued an “ultimatum” to the company, asking for a reply within a time limit. < / P > < p > in the letter of concern, the Shenzhen Stock Exchange asked the company to reply to the “inquiry letter of gem semi annual report  No. 13” and “gem concern letter  No. 435” issued by Shenzhen Stock Exchange to the company on September 1 and September 14 respectively. Shenzhen stock exchange requires the company to state whether there are feasible solutions to relevant issues before November 2, which can be solved within one month, and disclose the opinions of the board of directors. At the same time, if the company fails to reply to the letter on November 27 or the relevant situation has not been eliminated, the Shenzhen Stock Exchange will implement other risk warnings and relevant suspension and resumption of trading of the company’s shares, and implement regulatory measures or disciplinary actions against the company and members of the board of directors. < p > < p > after being “booed” by the Shenzhen Stock Exchange, Yu diamond weakened on October 28. As of the end of the day, the share price of Yu diamond fell by 14.86%. < p > < p > the purpose of this article reprinted by China net finance and economics is to convey more information, which does not represent the views and positions of the website. The content of this paper is for reference only and does not constitute investment advice. Investors operate accordingly and bear their own risks.