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Zhongze Group Successfully Acquired Jilin Carbon
On September 19,2015, at the bidding meeting publicly listed on the Beijing Property Exchange, Zhongze Group succe...
2015-10-22中泽集团 浏览(7)

On September 19,2015, at the bidding meeting publicly listed on the Beijing Property Exchange, Zhongze Group successfully acquired 70% of the equity of Sinosteel Jilin Carbon Co., Ltd. at a price of 332.62 billion RMB through fierce bidding. at a price of 323.26 million RMB through fierce bidding. On September 25, Zhongze Group and Sinosteel Group formally signed a property rights transaction contract in Beijing, Jilin carbon, a state-owned enterprise with a history of more than 60 years, officially became one of the subsidiary enterprises of Zhongze Group, the second central affiliated enterprise that Zhongze Group has acquired since 2014.

Established in 1952, Jilin Carbon Co., Ltd. is located in Hadawan Industrial Zone, Jilin City, Jilin Province. It is one of the 156 key projects of the country during the “First Five-Year Plan” period. It is also the first large-scale carbon production enterprise in China and enjoys the reputation of the cradle of China ’s carbon industry.

After more than 60 years of expansion and transformation, Jitan has developed into a national carbon industry leading enterprise and main production and supply base with an area of 930000 square meters and an annual output of 150000 tons of carbon products, which integrates manufacturing, scientific research and design, technical consulting and domestic and foreign trade. Jitan was used to be China's largest comprehensive carbon product manufacturer and one of the top four international carbon companies.

Graphite electrodes, carbon fibers, and carbonaceous products produced by Jitan are widely used in metallurgy, machinery, electronics, medical, military, and aerospace and nuclear industries. Carbon products not are only supplied to 30 domestic provinces, cities and autonomous regions market, but also exported to more than 40 countries including Europe, America, Southeast Asia and Africa. At present, the only national-level technical center, new carbon product research and development center, new technology application center, and carbon export product inspection center in the carbon industry are all located in Jitan and have post-doctoral workstations.

Following the acquisition of Jilin Ferroalloy, Zhongze Group once again successfully acquired Jilin Carbon, which not only marked the enhancement of Zhongze ’s asset scale, corporate image and operating strength, but also provided a broader platform for Zhongze Group ’s overall strategic planning and future development. It will have a good impact on the Zhongze Group in the northeast region and the whole country.

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