Jiangxi Black Cat: Opportunity from a Single Product

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Jiangxi Black Cat Carbon Black Co., Ltd. (Jiangxi Black Cat, SZ: 002068) is located in Jingdezhen, Jiangxi province, and mainly engaged inthe production and sales of carbon black, a coal tar product Currently, it has 4 production bases in Jingdezhen, Hancheng of Shaanxi province,Chaoyang of Liaoning province and Wuhai of Inner Mongolia and has a total carbon black production capacity of 380 000 t/a.In 2008, Jiangxi Black Cat reported total sales revenue of RMB1. 775 billion, up 28.6% year on year, but earned a net profit of only RMB2.89 million, down 96.09% year on year. In 2008, the prices of raw materials for the production of carbon black, such as coal tar, anthracene oil and Jiangxi Black Cat Carbon Black Co., Ltd. (Jiangxi Black Cat, SZ: 002068) is located in Jingdezhen, Jiangxi province, and mainly engaged inthe production and sales of carbon black, a coal tar product Currently, it has 4 production bases in Jingdezhen, Hancheng of Shaanxi province, Chaoyang of Liaoning province and Wuhai of Inner Mongolia and has a total carbon black production capacity of 380 000 t / a. In 2008, Jiangxi Black Cat reported total sales revenue of RMB1. 775 billion, up 28.6% year on year, but earned a net profit of only RMB2.89 million, down 96.09% year on year. In 2008, the prices of raw materials for the production of carbon black, such as coal tar, anthracene oil and
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