Information from the latest Hong Kong Stock Exchange filings reveals that on July 2nd, executive Wang Huan increased his holding in Global New Mat International (06616) by 471,000 shares.

The transaction was executed at an average price of approximately HK$6.9869 per share, involving a total consideration of roughly HK$3.2908 million.

Following this acquisition, Wang Huan's total shareholding in the company now stands at approximately 455 million shares, representing a 36.43% stake.

The disclosure notes that this transaction involved another connected party, Su Ertian.