Global New Material International Holdings Limited ('GNMI', Hong Kong stock code: 06616), announced today that it has entered into an agreement ('Agreement') with Merck KGaA, ('Merck') to acquire Merck's global surface solutions business ('Surface Solutions') for EUR 665,000,000 (equivalent to approximately RMB 5,187,000,000 or HKD 5,586,000,000), in cash.
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On December 6, 2023, Global New Material International Holdings Limited (the "Company", or "GNMI", Stock Code: 06616.HK) disclosed the latest progress of the Capital Increase Agreement in Chesir Luzhai.
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On August 23, 2023, Global New Material International Holdings Limited (the "Company", stock code: 6616.HK) announced that it completed the acquisition of certain CQV shares and all CQV treasury shares.
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Global New Material International Holdings Limited (the "Company", Stock Code: 6616.HK) announced that all conditions precedent under each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023.
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On July 20, 2021, Global New Material International Holdings Limited ("Global New Material") (6616.HK) which has developed pearlescent materials and synthetic mica as new materials in the consumer sector ushered in a strong momentum of stock price soaring with an intraday increase in stock price of 14.68% on the third trading day following its entry into the capital market.
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Global New Material, a leading company in the global new consumable materials market, gave a "big gift" to its investors before the official listing.
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At present, under the influence of the new international situation, high-end new materials have become one of the key directions for overcoming market challenges, and are favoured by the national strategic development planning policies and investments from various sources.
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Global New Material International Holdings Limited (referred to as "Global New Material"), as a global leader in the field of new consumable materials (pearlescent materials), currently is in the offering stage, and is only one step away from official listing on the secondary stock market in Hong Kong.
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As one of the seven strategic emerging industries in China and one of the ten key areas of development under the "Made in China 2025" policy, the new material industry is considered as the high-tech industry that has the greatest potential of development in the 21st century and will have significant impacts on future development.
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Global New Material International Holdings Limited ("Global New Material", together with its subsidiary the "Group"), the largest pearlescent pigment producer in the PRC*, has announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX").
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