Black Cat Co., Ltd.: The company and Lianchuang Co., Ltd. jointly established Inner Mongolia Lianhe Fluorocarbon New Materials Co., Ltd., which plans to build a 50k-ton/year PVDF and supporting industry chain project.

Securities Daily Net learned that on April 6, Hei Mao Co., Ltd. said on an interactive platform in response to an investor’s question that the PVDF and supporting industrial chain project with a planned capacity of 50,000 tons per year by Inner Mongolia Lianhe Fluorocarbon New Materials Co., Ltd., which was jointly established by the company and Lianchuang Co., Ltd., is planned to be built. Since the fourth quarter of 2022, due to factors including major changes in the market environment, a temporary imbalance in the industry development stage, and new process-related demands from Lianchuang’s product system, the project has been put on hold. For details, please refer to Lianchuang Co., Ltd.’s relevant announcements. To further optimize the asset structure and revitalize existing asset inventory, the company recently plans to publicly list and transfer the equity it holds in Inner Mongolia Lianhe Fluorocarbon New Materials Co., Ltd., a participating company, through Jiangxi Provincial Property Rights Exchange Co., Ltd. The company’s superconducting conductive carbon black products have competitive advantages such as a localized industrial chain layout, large-scale production, and process optimization; the specific price varies depending on factors such as product model and cooperation mode.

(Edited by Ren Shibi)