Yes. The black wire would be soldered to the wrap-around piece having the little teeth in it (the part of the plug that is closest to the lower left of the photo I provided). The small circle that is further forward and is centered in the middle, which in a normal RCA cable would be used for the signal connection, should be left unconnected.
Also, as you most likely already realize, since you are using two subs the red and yellow wires from each sub would BOTH be connected to the amp's positive output terminal for the corresponding channel. In other words, the red and yellow wires from the sub on the left would connect to the amp's + output terminal for the left channel, and the red and yellow wires from the sub on the right would connect to the amp's + output terminal for the right channel. The RCA plug to which the black wire from the left sub is connected would plug into the amp's RCA input for the left channel, and the RCA plug to which the black wire from the right sub is connected would plug into the amp's RCA input for the right channel.
Best regards,
-- Al
Also, as you most likely already realize, since you are using two subs the red and yellow wires from each sub would BOTH be connected to the amp's positive output terminal for the corresponding channel. In other words, the red and yellow wires from the sub on the left would connect to the amp's + output terminal for the left channel, and the red and yellow wires from the sub on the right would connect to the amp's + output terminal for the right channel. The RCA plug to which the black wire from the left sub is connected would plug into the amp's RCA input for the left channel, and the RCA plug to which the black wire from the right sub is connected would plug into the amp's RCA input for the right channel.
Best regards,
-- Al