Anhui Black Cat Material Science Co.,Ltd.(hereinafter referred to as the”Anhui Black Cat”), is the joint equity venture company established in 2021, andthe former Black Diamond Material Science Co., Ltd (hereinafter referred to as “BlackDiamond”) is incorporated into Jiangxi Black Cat Carbon Black Co., Ltd.(hereinafter referred to as “Black Cat”) and set up as the Black Cat BusinessUnit of Special Carbon Black.

Anhui Black Cat is committed to integratethe industrial standards, break the long-term monopoly of European and Americanenterprises, and push ahead the local production of China's special carbonblack products.

l  Toestablish The Special Carbon Black Committee of Carbon Black Branch of ChinaRubber Industry Association

l  Tobuild the Special Carbon Black Technology Center (State-level)

l  Toachieve the revenue target of over 1 billion yuan

l  Tostrive to be listed on the Main Board independently

l  Tobe among the world Top 3 special carbon black producer.