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An announcement from Global New Material International Holdings Limited ( (HK:6616) ) is now available.
Global New Material International Holdings Limited has completed the acquisition of the Worldwide Surface Solution Business, marking a significant step in its international expansion strategy. This acquisition enhances the company’s product portfolio and competitiveness, particularly in the automotive and cosmetics markets, while strengthening its supply chain and operational efficiency through additional production facilities in Germany, Japan, and the United States.
More about Global New Material International Holdings Limited
Global New Material International Holdings Limited is a company incorporated in the Cayman Islands, focusing on high-performance materials, cosmetics, and industrial applications. The company is involved in the global automotive and cosmetics segments, aiming to expand its geographical coverage and sales channels.
Average Trading Volume: 9,476,555
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.55B
For an in-depth examination of 6616 stock, go to TipRanks’ Overview page.