The board of directors of Jiangxi Black Cat Carbon Black Co., Ltd. recently announced that its wholly-owned subsidiary Jiangxi Black Cat Nanomaterial Technology Co., Ltd. is investing in the construction of a superconducting carbon black project with an annual output of 20,000 tons. After preliminary inspection, combined with the evaluation of comprehensive advantages such as regional location, transportation convenience and cost, the company decided to set up the project in Tashan Industrial Park, Leping City, Jiangxi Province.
At the same time, Jingdezhen Black Cat Group Co., Ltd. also owns a piece of land located in Tashan Industrial Park, Leping City, which meets the land requirements for the construction of the Black Cat Nano project. The land covers approximately 85,300 square meters and is industrial land. In order to meet the land demand for the "annual output of 20,000 tons of superconducting carbon black project", Black Cat Nano purchased the land use rights from Black Cat Group. After negotiation between the two parties, and based on the valuation confirmed by a third-party asset appraisal agency, the land use rights were finally transferred at a price of 29.3564 million yuan, and the corresponding contract was signed.
This move will provide a good foundation for Jiangxi Black Cat Carbon Black Co., Ltd.'s new projects and also make a positive contribution to local economic development.