承董事會命 環球新材國際控股有限公司 執行董事兼聯席公司秘書 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，概不對因本公告全部或任何部份內容而產生或因倚賴該等內 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） 董事會召開日期 環球新材國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公 司將於二零二五年八月二十八日（星期四）舉行董事會會議，藉以（其中包括）批准刊 發本公司及其附屬公司截至二零二五年六月三十日止六個月之中期業績及刊發中期 業績公告，並考慮建議派發中期股息（如有）。 周方超 香港，二零二五年八月十八日 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、梁貴華先生及陳發動教授。 ...

环球新材国际(06616)发布公告，CQV Co., Ltd.(CQV，公司间接非全资附属公司)于截至2025年6月30日 止六个月取得总收益306.91亿韩元，同比增长0.02%;净利润56.92亿韩元，同比增长11.6%。 ...

环球新材国际(06616)发布公告，CQV Co.,Ltd.(CQV，公司间接非全资附属公司)于截至2025年6月30日 止六个月取得总收益306.91亿韩元，同比增长0.02%;净利润56.92亿韩元，同比增长11.6%。 ...

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，概不對因本公告全部或任何部份內容而產生或因倚賴該等內 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） 一間附屬公司的業績 本公告乃由環球新材國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）根據 《證券及期貨條例》（香港法例第 571章）第XIVA部內幕消息條文（定義見香港聯合交 易所有限公司證券上市規則（「上市規則」））及上市規則第13.09及13.10條作出。 CQV Co., Ltd.（「CQV」）（本公司之間接非全資附屬公司），為一間在大韓民國 註冊成立的公司，其普通股在韓國證券交易商自動報價系統（「KOSDAQ」）上市 （KOSDAQ：101240）。於本公告日期，本公司持有CQV已發行股份的44.59%，為 單一最大股東。CQV已在韓國交易所網站公佈其截至二零二五年六月三十日止六個 月之未經審核 ...

Core Viewpoint - The completion of a cross-border acquisition by Global New Materials International for €665 million marks a significant milestone in the pearl pigment industry, positioning the company among the global leaders and enhancing its international market presence [1][2]. Acquisition Details - The acquisition, finalized in July, involves the transfer of Surface Solutions business assets from Merck, including subsidiaries and production bases in Germany, Japan, and the United States, primarily serving the automotive, cosmetics, and industrial sectors [2][4]. - The transaction price of €665 million is approximately 3.4 times Global New Materials International's projected revenue of 1.649 billion yuan for 2024 [2]. - The acquired assets generated a revenue of €402 million in 2024, indicating a potential tripling of Global New Materials International's revenue post-acquisition [2][11]. Strategic Implications - The acquisition is likened to Geely's purchase of Volvo, showcasing a strategic move to capitalize on favorable market conditions and enhance competitive positioning in high-end markets [3][4]. - Global New Materials International aims to maintain the original management team and brand identity of the acquired business, fostering a collaborative environment to leverage existing strengths [4][8]. - The company anticipates achieving synergies that will strengthen its supply chain, reduce production costs, and enhance its global market reach [4][12]. Market Context - The global pearl materials market was valued at 23.5 billion yuan in 2023, with a compound annual growth rate (CAGR) of 14.1% from 2016 to 2023, projected to reach 44 billion yuan by 2030 [9]. - The automotive coatings market is expected to grow from $23.72 billion in 2023 to $57.27 billion by 2032, with a CAGR of 10.4% [11]. - The acquisition positions Global New Materials International to capitalize on the growing demand in the automotive coatings sector, particularly with the rise of electric vehicles [11][12]. Company Evolution - Founded in 2011, Global New Materials International has rapidly ascended from a local manufacturer to a significant player in the international market, completing multiple strategic acquisitions to enhance its capabilities [7][8]. - The company has established a comprehensive production capacity for synthetic mica and is expanding its operations to meet the growing demand for high-end materials [11].

Core Viewpoint - The acquisition of Merck Group's surface solutions business (SUSO) by China's leading synthetic mica company, Global New Materials International, marks a significant shift in the global new materials industry, indicating a transition from "market for technology" to "technology wins market" for Chinese enterprises [1][2][4]. Group 1: Company Backgrounds - Merck Group, one of the oldest chemical and pharmaceutical companies, has evolved into a global pharmaceutical giant with revenues of €17.4 billion in life sciences and healthcare in 2024 [2]. - Merck's semiconductor solutions business accounted for 69% of its electronic technology revenue in 2024, while SUSO's contribution declined to only 11%, leading to its divestment [2][3]. - Global New Materials International, established in 2011, has rapidly grown to become China's largest synthetic mica and pearlescent pigment manufacturer, achieving revenues of ¥1.649 billion in 2024, a 55% increase year-on-year [7][18]. Group 2: Strategic Acquisition - The acquisition price for SUSO was €665 million (approximately ¥5.187 billion), with a valuation of 11.08 times EBIT for the 2023 fiscal year, significantly lower than initial estimates [16]. - Global New Materials International's confidence in the acquisition stems from its proprietary core technologies and strong financial performance, with a compound annual growth rate of approximately 27% over the past five years [17][18]. - The integration of SUSO is expected to enhance Global New Materials' production capabilities and market reach, leveraging SUSO's established global sales network and brand reputation [12][20]. Group 3: Market Dynamics - The global demand for synthetic mica is increasing, driven by its applications in cosmetics and automotive coatings, as natural mica faces supply constraints and regulatory challenges [3][4][22]. - The collaboration between Global New Materials and SUSO is anticipated to create a comprehensive product matrix that covers high, medium, and low-end markets, reducing reliance on low-cost competition [21][23]. - The strategic partnership is expected to enhance both companies' operational efficiencies, reduce procurement costs, and improve profitability, particularly in high-value sectors like automotive and cosmetics [13][20]. Group 4: Future Outlook - The merger is projected to lead to the formation of a global new materials industry group, enhancing the competitive positioning of both companies in the international market [21][24]. - The integration of technologies and resources is expected to foster innovation and expand market opportunities, positioning Global New Materials as a leader in the synthetic mica and pearlescent pigment sectors [23][24]. - The successful execution of this acquisition could serve as a model for other Chinese enterprises seeking to expand globally through technology-driven strategies [24].

Core Viewpoint - The acquisition of Merck Group's surface solutions business (SUSONITY) by China's leading synthetic mica company, Global New Materials International, marks a significant shift in the global new materials industry, indicating a transition from "market for technology" to "technology wins market" for Chinese enterprises [2][3][6]. Group 1: Industry Dynamics - The acquisition highlights the contrasting fates of SUSONITY and Global New Materials, with the former struggling due to rising costs and declining market share, while the latter has rapidly expanded its revenue and market presence [6][10]. - The global new materials industry is witnessing a power shift, with Chinese "invisible champions" gaining ground against established European chemical giants like Merck [3][4]. - The synthetic mica market in China has been growing rapidly, with a compound annual growth rate (CAGR) exceeding 20% from 2016 to 2024, driven by demand from downstream industries such as coatings, plastics, inks, automotive, and cosmetics [9][12]. Group 2: Strategic Acquisition - Global New Materials International's acquisition of SUSONITY for €665 million (approximately ¥5.187 billion) is seen as a strategic move to enhance its competitive edge in high-end manufacturing [21][22]. - The acquisition is expected to create synergies between the two companies, leveraging Global New Materials' advanced synthetic mica technology and SUSONITY's established market presence and customer base [17][24]. - The integration of SUSONITY into Global New Materials' operations is anticipated to enhance production capabilities, reduce costs, and improve profitability, particularly in the high-value automotive and cosmetics sectors [18][19]. Group 3: Financial Performance - Global New Materials International has demonstrated strong financial growth, with a revenue CAGR of approximately 27% over the past five years, and a significant increase in revenue to ¥1.649 billion in 2024, representing a 55% year-on-year growth [23]. - The company's gross profit margin reached 53% in 2024, with net profit increasing by 33.4% to ¥242 million, indicating robust operational efficiency and market demand [23]. - The successful integration of the Korean company CQV has further bolstered Global New Materials' financial performance, contributing to its optimistic outlook for the SUSONITY acquisition [23][25]. Group 4: Future Outlook - The merger is expected to create a more collaborative global materials group, enhancing supply chain efficiency and expanding product offerings across various market segments [27][30]. - The strategic focus on synthetic mica aligns with national policies promoting advanced materials, positioning Global New Materials and its subsidiaries for significant growth in emerging markets [7][29]. - The integration of technologies and market channels is likely to establish Global New Materials as a leading player in the global synthetic mica and pearlescent pigment market, reshaping perceptions of Chinese manufacturing on the world stage [30].

Core Viewpoint - The acquisition of SUSONITY by Global New Materials International Holdings Limited marks the largest cross-border merger in the pearl material industry in China, valued at €665 million (approximately ¥5.187 billion or HK$5.586 billion) [1] Group 1: Acquisition Details - The acquisition was completed on July 31, with the delivery ceremony held in Frankfurt, Germany, and SUSONITY will operate as a subsidiary under an independent brand [1] - This strategic acquisition is a significant step in the company's globalization strategy, positioning it at the center of the global surface performance materials competition [1][4] Group 2: Market Position and Synergies - Global New Materials International is a leading player in the global synthetic mica-based pearl material market, while SUSONITY has established expertise in surface solutions for coatings, cosmetics, and industrial applications [2][3] - The integration of SUSONITY is expected to enhance the company's market position and customer-centric strategies, particularly in high-end markets such as automotive coatings and cosmetics [3][4] Group 3: Global Expansion and Operational Efficiency - The acquisition will expand the company's geographic coverage and sales channels, particularly in the automotive and cosmetics sectors, enhancing its competitive edge [4] - New production facilities in Germany, Japan, and the United States will contribute to the company's operational efficiency and supply chain strengthening [4] - The company aims to leverage SUSONITY's established sales network and customer resources in Europe, America, and Asia to drive sales growth [4] Group 4: Future Outlook and Strategic Goals - The company plans to enrich its product matrix and deepen key technology areas while expanding its global high-end customer market [5] - Recent acquisitions, such as the 42.45% stake in South Korea's CQV, have shown positive financial results, indicating a successful strategy for growth and collaboration [5]

Core Viewpoint - The completion of the acquisition of Merck's Surface Solutions business marks a significant milestone for Global New Materials International, establishing its presence in the global surface performance materials sector and enhancing the globalization strategy of Chinese new materials companies [1][2]. Group 1: Acquisition Details - The acquisition was finalized on July 31, 2025, with a transaction value of €665 million, encompassing subsidiaries and production bases in Germany, Japan, and the United States [1]. - The acquired business will be rebranded as SUSONITY and will continue to operate independently, serving a global customer base [1]. - This acquisition is the largest cross-border merger in China's pearlescent materials industry to date [1]. Group 2: Strategic Importance - The acquisition is seen as a strategic necessity amid the restructuring of the global pearlescent materials market, with a shift towards high purity, weather resistance, and green safety [2]. - The integration of Merck's Surface Solutions business allows Global New Materials International to gain access to a comprehensive patent portfolio, stable high-end customer resources, and a mature R&D and application collaboration platform [1][2]. Group 3: Financial and Operational Support - Financial data indicates that Global New Materials International's revenue is projected to grow by 55% year-on-year in 2024, with a gross margin maintained above 50% [2]. - The previous acquisition of Korean CQV has resulted in a doubling of profits, providing a reference for business synergy post-integration [2]. Group 4: Future Outlook - The company aims to merge global sales networks, optimize cost structures, and enhance brand matrices, facilitating a transition from "Asian manufacturing" to "global operations" [2]. - The acquisition reflects the rising status of Chinese new materials companies within the global supply chain, with expectations of stronger global competitiveness in surface materials through deepened technological collaboration and capacity integration [2][3].

Core Viewpoint - The acquisition of SUSONITY by Global New Materials International is a strategic move to enhance its position in the global surface performance solutions market, with a transaction value of €665 million (approximately ¥5.187 billion) [1] Group 1: Acquisition Details - The acquisition includes SUSONITY's production bases and global sales network in Germany, Japan, and the United States [1] - The deal is expected to reshape the competitive landscape of the industry and propel Global New Materials International towards becoming a leader in surface performance solutions [1] Group 2: Strategic Benefits - The product portfolio, supply chain, and regional coverage of Global New Materials International and SUSONITY are highly complementary, which will significantly expand the company's global business reach [2] - SUSONITY holds a 22% global market share in high-end surface solutions, particularly in the automotive and cosmetics sectors, enhancing Global New Materials International's market influence [2] - The acquisition will facilitate access to SUSONITY's established sales network and premium customer resources in Europe, America, and major Asian countries [2] Group 3: Financial Performance and Growth - Global New Materials International has shown strong financial performance, with a projected revenue growth of 55% and a net profit increase of over 33% in 2024, maintaining a gross margin above 50% [3] - The company is also expanding its production capacity, with a new project for 30,000 tons of pearl materials set to launch in February 2024, and a new synthetic mica production base expected to be operational by the end of 2025 [3] Group 4: Future Outlook - The acquisition is seen as a step towards creating a leading enterprise in pearl pigments that combines German precision manufacturing with Chinese innovation [4] - The core team of SUSONITY will remain intact, and existing operations in Germany, the United States, and Japan will continue [4]