2023-07-19
classification：Company News
On July 16th, 2023, Global New Material International (06616. HK) was listed for its second anniversary. In 2021, he boarded the stage of the Hong Kong Stock Exchange with two high-end new materials, and became the “only pearl material leader in the Hong Kong stock market”. By 2023, he acquired CQV, a famous Korean pearl material enterprise, and in March, when the mainland Hong Kong market ushered in the expansion of the interconnection mechanism, the full coverage of Shanghai-Shenzhen-Hong Kong Stock Connect was realized. In just two years, the company has experienced leap-forward development and made great progress in all aspects. The internationalization process has been “accelerated” and an excellent report card has been handed over.
Endogenous development, steady progress
In the past two years since its listing, Global New Material International has continuously made breakthroughs in key production links such as raw material acquisition, hydrolysis and coating, product design, etc., thus improving product profits, enriching product types, gradually establishing advantages in the market and building strong competitive barriers; A number of new energy R&D projects jointly carried out by the company and Zhejiang University have made substantial progress, and the synthetic mica insulation and flame retardant technology has achieved breakthroughs, opening the door to the new energy battery material market; The company introduced a large number of outstanding talents, promoted the overall upgrade of the management team, and provided a strong talent guarantee for the company’s long-term development; The construction of the intellectual property system has been continuously strengthened, and high-level intellectual property achievements such as invention patents and trademarks have continued to increase. At the same time, the company anchored the popular hot spots and market demand, and developed new high-end pearlescent pigments that many customers loved, further highlighting the company’s product characteristics, brand strength and product matrix.
At the same time of steady development, the company has been successively awarded the honors of “National Green Factory”, “Autonomous Region Specializing in Special New Small and Medium-sized Enterprises”, “Most Popular New Stock Company by Investors” and “Listed Company with the Most Growth Potential in Hong Kong and the United States”, and won the list of “China 500 Most Valuable Brands” in 2023. A new technology, a new breakthrough and a new achievement show the extraordinary wisdom of Global New Material International and polish the brand name card of Global New Material International.
Extensional expansion, accelerating the process of internationalization
Since its listing two years ago, the company has been adhering to the development strategy of paying equal attention to “endogenous development and extensional expansion”, and actively seeking suitable M&A opportunities while repairing its internal strength. At the beginning of this year, the company successfully acquired Korean CQV with a total price of about 470 million yuan, which made a major step in overseas market expansion. CQV ranks at the forefront in the global high-end share of pearlescent pigments. With the completion of the acquisition, Global New Material International will further enhance its market advantage, rank among the top three in the global pearlescent pigments market, and further consolidate its leading position in the global synthetic mica-based pearlescent pigments market. Moreover, with the continuous coordination and integration, the advantages of CQV in technology, products, business, sales channels and supply chain in the future will empower Global New Material International to rapidly promote globalization.
In addition, Global New Material International was included in the Hang Seng Index more than half a year after listing; It also meets the requirements in terms of market value, liquidity, transaction duration and compliance, and is successfully included in the Hong Kong Stock Connect under Shenzhen-Hong Kong Stock Connect; In March this year, when the mainland Hong Kong market ushered in the expansion of the interconnection mechanism, it realized the full coverage of Shanghai-Shenzhen-Hong Kong Stock Connect, further enhanced corporate liquidity, and enhanced the company’s visibility and influence in the capital market.
In the future, Global New Material International will continue to optimize its strategic layout, actively expand its business, increase the introduction of talents and the integration of cooperative resources, speed up the release of production capacity of the second phase project, cultivate multiple growth points, adhere to the initial intention of “dedicating fine products to create beautiful colors for the world”, stick to its initial intention, and strive for the future, so as to promote the promotion of global new materials’ international brand power and competitiveness, and meet with a struggling attitude.
What has been determined?can be done. Global New Material International?has a expected?future!
