Golden Road Group intends to set up a company to build 300 tons of graphene projects annually

Securities Times Network (www.stcn.com) September 23 September 23 Evening, the Golden Road Group (000510) announced that recently, the company ("Party B") and Sichuan Dry Yuan Investment Co., Ltd. ("Party A"), the Chinese Academy of Metals Research Institute ("Party C"), Deyang Jing Hua Assets Investment Management Co., Ltd. ( "Ding Fang") signed the "Cooperation Agreement", decided to jointly fund the establishment of a new company Deyang Carbon Hi-Tech Co., Ltd. Financial profit Bao, the current savings rate of 1000% new companies registered capital of 100 million yuan, of which party a in cash contributions to 50 million yuan, accounting for 50% of the registered capital, the Golden Road Group, c side to jointly owned "graphene a large number of production technology" intangible assets valuation methods of investment 20 million yuan, Each accounted for 20% of the registered capital, Ding Fang in cash to invest 10 million yuan, accounting for 10% of the registered capital. Agreement, A, B, C, Ding parties agreed, in order to facilitate the optimization of graphene preparation industrialization project design plan, party b annual output of 1.5 tons of graphene pilot device to 12 million yuan, by the new company to pay for the purchase of party B. And until December 31, 2013 by the new company to pay Party B 6 million yuan, until June 30, 2014 by the new company to pay Party B 6 million yuan. The new company intends to implement the "annual output of 300 tons of graphene project", the project is divided into three phases, each phase to build 100 tons of graphene industrialization project. From 2013 to 2015, the first phase of the project was implemented, with an annual output of 100 tonnes of production equipment and ancillary facilities; 3-5 years, the implementation of phase second to third project, the production capacity of 300 tons of graphene produced. The company said that the foreign cooperation, can give full play to the advantages of all partners to promote the development of new technology industry, to promote the production of graphene a large number of technology industrialization. In addition, Jin Lu group said that in the current chlor-alkali industry overcapacity, weak market demand, PVC prices continue to be depressed, the company's main business continued operating loss of the situation, the external cooperation, help to reduce the demand for capital pressure, explore the structure of new ways to improve the company to adapt to the market.