Black Cat shares proposed 450 million increased capital Handan Black Cat Project (map)

In order to further explore the North China market, Black Cat Shares (002068) decided to raise funds through directional additional, to Handan Black Cat Carbon Black Co., Ltd. to increase capital expansion shares. Black Cat shares announced today, the company yesterday passed the "about Handan Black Cat investment construction 160,000 tons/year new process Carbon Black project", the project will be established by the holding subsidiary of Handan Black Cat Carbon Black Limited liability company investment and construction, the total investment of 520 million yuan. The project is planned in two-phase construction, will be in the first and second phase of the construction of 2 40,000 tons of new carbon black production line and 1 15MW power generation units, a total of 160,000 tons/year of new process carbon black production line and 30MW power plant.　　The project is expected to be completed in the year after the production capacity: 120,000 tons of new process of hard carbon black and new process soft carbon black 40,000 tons/year and power generation 192 million degrees, is expected to achieve sales revenue of 1.048 billion yuan/year. and to speed up Handan Black Cat Carbon Black Company's project construction, to promote its 160,000 tons/year of carbon black production base project construction projects, with Hanhan Xin Bao Coal Chemical Co., Ltd., CI-Sheng Chemical Co., Ltd. consultation, the company will be in Handan Black Cat project construction period, according to the project construction needs to Handan Black Cat to increase capital to expand Shares, The total amount of capital increase and expansion is not more than 450 million yuan (excluding 37.5 million yuan), which is used to build 160,000 tons/year new process Carbon black project. The capital increase is financed by the company's own capital expenditure.　　If other shareholders do not increase capital, Handan Black Cat registered capital will be increased from 50 million yuan to 500 million yuan, of which the black cat share capital of 488 million yuan, accounting for 97.5% of the company's total equity. In order to raise the relevant funds, the Black Cat shares also decided that the number of non-public offerings not more than 70 million shares, the issue price of about 9.16 yuan/share, the total amount of funds proposed to raise not more than 600 million yuan.　　The company plans to raise capital of 450 million yuan for the increase in Handan Black cat, the rest is used to supplement the company's liquidity. It is reported that the Handan Black Cat project is black Cat shares to "close to resources, taking into account the principle of market", combined with Hanhan Ci County has a wealth of raw material resources, the neighboring Shandong province is the largest carbon black consumer market, and selected investment and construction of carbon black production base, where the site will have raw materials supply and market both the dual advantages, Can further improve the company's market share in north China.