Core Viewpoint - The company aims to strengthen its control over overseas core assets and enhance global business synergies through the acquisition of additional shares in its non-wholly owned subsidiary CQVCo., Ltd, increasing its stake from approximately 42.45% to 50.75% [1] Group 1 - The company plans to consolidate its control over CQV, optimizing global resource allocation to enhance overall strategic execution capabilities [1] - The acquisition is expected to strengthen global business synergies, particularly in market, product, and technology integration, promoting deeper collaboration among CQV, Chesir, and Susonity to fully realize synergistic benefits [1] - The move aims to stabilize market expectations and boost investor confidence in the company's international strategy, thereby enhancing corporate valuation and brand influence [1] - The acquisition lays the groundwork for potential future industrial integration, capital operations, and strategic expansion, ensuring the company's sustained competitiveness in the global market [1]

Core Viewpoint - The company aims to strengthen its control over overseas core assets and enhance global business synergies through the acquisition of additional shares in its non-wholly owned subsidiary, CQV Co., Ltd, increasing its stake from approximately 42.45% to 50.75% [1] Group 1 - The company plans to consolidate its control over CQV, optimizing global resource allocation to enhance overall strategic execution capabilities [1] - The acquisition is expected to strengthen global business collaboration, particularly in market, product, and technology integration, promoting deeper integration among CQV, Chesir, and Susonity to fully realize synergies [1] - The move aims to stabilize market expectations and boost investor confidence in the company's international strategy, thereby enhancing corporate valuation and brand influence [1] - The acquisition lays the groundwork for potential future industrial integration, capital operations, and strategic expansion, ensuring the company's sustained competitiveness in the global market [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容 而引致的任何損失承擔任何責任。 GLOBAL NEW MATERIAL INTERNATIONAL HOLDINGS LIMITED 環球新材國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：06616） 自願公告 本公司附屬公司持股比例增加 苏尔田 香港，二零二五年十月十日 於本公告日期，董事會包括執行董事苏尔田先生（主席兼行政總裁）、金增勤先生、周方超先生、白 植煥先生、曾珠女士及林光水先生；非執行董事胡永祥先生；及獨立非執行董事許之豐先生、韓高 榮教授、梁貴華先生及陳发动教授。 本公司欣然宣佈，於二零二五年七月至二零二五年十月期間，本公司合共購買本公 司之非全資附屬公司CQV Co., Ltd（「CQV」）1,121,781股股份（「持股增加」）。於持 股增加前，本公司合共持有CQV 4,390,006股股份，佔當時CQV已發行股份總數約 42.45%。持股增加後，本公司合共持有CQV 5,511,787股股份，佔C ...

Group 1 - The core viewpoint of the article highlights the promising prospects of the pearlescent pigment industry, particularly in the cosmetics and automotive sectors, which are expected to drive future growth due to double-digit growth rates and domestic substitution trends [1][2][20] - The company has a combined domestic market share of over 30% in the pearlescent pigment sector, with major players being Global and Kuncai [1][20] - The global market for pearlescent pigments is projected to grow from 23.5 billion yuan in 2023 to 44 billion yuan by 2030, with a compound annual growth rate (CAGR) of 9.4% [20][22] Group 2 - The company has made significant acquisitions, including a 42.45% stake in South Korea's largest pearlescent pigment manufacturer, CQV, for 466 million yuan, which is expected to enhance its market position [2][37] - The acquisition of CQV is projected to yield a revenue of 2.97 billion yuan in 2024, with a year-on-year growth of 18% and a net profit of 460 million yuan, reflecting a substantial increase of 170% [2][39] - The company is also set to acquire Merck's global surface solutions business for 665 million euros, which is anticipated to be completed by July 2025, further solidifying its position in the global market [2][42] Group 3 - The company plans to increase its pearlescent pigment production capacity from 33,000 tons to 48,000 tons in the long term, with the CQV facility contributing an additional 2,600 tons [3][47] - The production capacity expansion is expected to support sales growth, with the company projecting a revenue increase from 3.15 billion yuan in 2018 to 15.28 billion yuan in 2024, representing a CAGR of 30.1% [3][49] - The average selling price of pearlescent pigments is expected to rise from 37,300 yuan per ton in 2018 to 60,200 yuan per ton in 2024, driven by product structure optimization and increased demand in high-end consumer sectors [3][50] Group 4 - The company is focusing on synthetic mica as a substitute for natural mica, which is expected to become a clear trend in the industry [2][32] - Synthetic mica offers advantages such as stable supply, lower environmental impact, and superior properties compared to natural mica, making it increasingly popular in various applications, including cosmetics [2][34] - The company is also exploring potential applications in new energy batteries and building-integrated photovoltaics (BIPV), indicating a diversification of its product offerings [2][30]

Core Viewpoint - Guotai Junan Securities initiates coverage on Global New Materials International (06616) with a "Buy" rating, projecting net profits for 2025-2027 at 275 million, 467 million, and 576 million CNY respectively, corresponding to dynamic P/E ratios of 21x, 12x, and 10x, with a target price of 6.19 HKD based on a 16x valuation for 2026 [1] Group 1: Industry Outlook - The pearlescent pigment industry has promising prospects in cosmetics and automotive sectors, which are both experiencing double-digit growth rates, driven by domestic replacement trends [1][2] - The combined market share of the two leading domestic pearlescent pigment companies (Global New Materials and Kuncai) exceeds 30%, indicating strong competitive positioning [1] Group 2: Strategic Acquisitions - In January 2023, the company acquired a 42.45% stake in CQV, South Korea's largest pearlescent pigment manufacturer, for 500 million CNY, with CQV projected to generate 297 million CNY in revenue and 46 million CNY in net profit in 2024, reflecting significant growth [2] - The completion of the acquisition of Merck's global surface solutions business in July 2025 is expected to enhance supply chain capabilities, addressing key procurement challenges [2] Group 3: Capacity Expansion and Product Optimization - The company currently has a pearlescent pigment production capacity of 33,000 tons, with plans to expand to 48,000 tons, while CQV's Korean base adds another 2,600 tons [3] - The Tonglu factory's synthetic mica production capacity of 100,000 tons is expected to be operational by the second half of 2025, with further expansions anticipated to lower costs and improve margins [3]

Core Viewpoint - Guojin Securities initiates coverage on Global New Materials International (06616) with a "Buy" rating, projecting net profits for 2025-2027 at 275 million, 467 million, and 576 million CNY respectively, corresponding to dynamic PEs of 21x, 12x, and 10x, with a target price of 6.19 HKD for 2026 at a 16x valuation [1] Group 1: Industry Outlook - The pearlescent pigment industry shows promising prospects in cosmetics and automotive sectors, both of which are experiencing double-digit growth rates, driven by domestic substitution trends [1][2] - The combined market share of the two leading domestic pearlescent pigment companies (Global New Materials and Kuncai) exceeds 30%, indicating strong competitive positioning [1] Group 2: Strategic Acquisitions - In January 2023, the company acquired a 42.45% stake in CQV, South Korea's largest pearlescent pigment manufacturer, for 500 million CNY, with CQV projected to generate 297 million CNY in revenue and 46 million CNY in net profit in 2024, reflecting significant growth [2] - The acquisition of Merck's global surface solutions business in July 2025 is expected to enhance the company's supply chain capabilities, addressing key procurement challenges [2] Group 3: Capacity Expansion and Product Optimization - The company currently has a pearlescent pigment production capacity of 33,000 tons, with plans to expand to 48,000 tons, while CQV's production capacity stands at 2,600 tons [3] - The Tonglu factory's synthetic mica production capacity of 100,000 tons is expected to be operational by the second half of 2025, with further expansions anticipated to lower costs and improve margins [3]

截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 第 1 頁 共 10 頁 v 1.1.1 FF301 公司名稱: 環球新材國際控股有限公司 呈交日期: 2025年10月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06616 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 80,000,000,000 | HKD | | 0.1 | HKD | | 8,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 80,000,000,000 | HKD | | 0.1 ...

Core Insights - On September 26, 2025, the Executive Director, Chairman, and CEO of Universal New Materials International (06616.HK), Su Ertian, increased his shareholding by acquiring 1.305 million shares at an average price of HKD 4.4385 per share, totaling approximately HKD 5.7922 million [1] - Following this transaction, Su Ertian's total shareholding rose to 439,019,948 shares, increasing his ownership percentage from 35.33% to 35.43% [1] Summary by Categories - **Share Acquisition Details** - Su Ertian purchased 1,305,000 shares at an average price of HKD 4.4385 [2] - The total investment amounted to approximately HKD 5.7922 million [1] - **Ownership Changes** - Post-acquisition, Su Ertian's total shares held are 439,019,948 [1] - His ownership percentage increased from 35.33% to 35.43% [1]

Core Viewpoint - Global New Materials International (06616) has seen a significant stock price increase, attributed to the announcement of a special shareholder meeting to approve the acquisition of Merck's global surface solutions business [1] Financial Performance - The company's stock rose over 9% during trading, with a current price of 4.82 HKD and a trading volume of 44.8457 million HKD [1] - Guozheng International has adjusted its profit forecasts, anticipating that the Merck Susonity business will be consolidated in the second half of 2025, which may increase financial expenses due to the acquisition [1] Business Operations - The main businesses, including pearlescent pigments and synthetic mica, are expected to maintain good cash flow and continue to grow [1] - The company’s existing production capacity for pearlescent pigments is 18,000 tons, nearing full capacity, with a second-phase factory set to begin operations in February 2024, designed for a capacity of 30,000 tons, currently producing 15,000 tons [1] - The synthetic mica production capacity stands at 12,000 tons, with a second-phase factory under construction in Tonglu City, expected to be operational by 2026, with an initial capacity of 40,000 tons, which will alleviate current capacity constraints [1] Strategic Synergies - The acquisition is expected to create synergies in sales channels, raw materials, and research and development among Seven Colors, CQV, and Merck Susonity, leading to performance growth [1]

Core Viewpoint - Global New Materials International (06616) is experiencing a significant stock price increase due to the announcement of a special shareholder meeting to approve the acquisition of Merck's global surface solutions business, which is expected to enhance future performance and synergies in various operational aspects [1] Company Summary - The company's stock rose over 9% during trading, with a current price of 4.82 HKD and a trading volume of 44.8457 million HKD [1] - The acquisition of Merck's Susonity business is anticipated to be consolidated in the second half of 2025, leading to adjustments in profit forecasts due to increased financial expenses [1] - The main businesses, including pearlescent pigments and synthetic mica, are expected to maintain strong cash flow and continue to grow [1] Industry Summary - The company’s existing production capacity for pearlescent pigments is 18,000 tons, which is nearing full capacity, while the second-phase factory is set to commence production in February 2024 with a designed capacity of 30,000 tons, currently producing 15,000 tons [1] - The synthetic mica production capacity stands at 12,000 tons, with a second-phase factory under construction in Tonglu City, expected to be operational by 2026 with an initial capacity of 40,000 tons, which will alleviate current capacity constraints [1]