Black Cat Corporation: Intends to jointly invest 500 million yuan with its wholly-owned subsidiary to establish a subsidiary.

Black Cat Corporation announced that it plans to jointly invest 500 million yuan with its wholly-owned subsidiary, Jiangxi Black Cat Singapore Limited, to establish Liaoning Changxing Black Cat Carbon Material Technology Co., Ltd. The company will invest 430 million yuan, with a shareholding ratio of 86.00%; Black Cat Singapore will invest 70 million yuan, with a shareholding ratio of 14.00%.