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The total amount is as high as 200 million yuan, and the creditor's rights of the giant carbon black are auctioned off to the public

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September 20, 2023, 8:51 AM

Recently, China Great Wall Hebei Province Branch issued a creditor's rights auction notice. The auction object was the creditor's rights project of Hebei Daguang Industrial Group Big Mac Carbon Black Co., Ltd., with a total creditor's rights amount as high as 202.411 million yuan. This news attracted widespread attention and triggered speculation in the industry about the future fate of the company.

It is reported that Hebei Daguangming Industrial Group Big Mac Carbon Black Co., Ltd., located in Xingtai City, Hebei Province, China, was established in 2003 with a registered capital of 35 million yuan. Its business scope includes the production of carbon black tail gas power generation, sales of carbon black tail gas power generation, and the company's carbon black export business. "Big Mac" brand carbon black and "Jiajing" brand glass products are distributed in more than 30 countries and regions including the United States, South Korea, Australia, Brazil, India, Thailand, Vietnam, Canada, Italy, South Africa, and Nigeria. However, despite its former glory, the company now appears to be in financial trouble. Currently, the company has stopped operating.