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]