Information from the Hong Kong Stock Exchange reveals that on July 9th, Wang Huan increased his stake in GLOBAL NEW MAT (HKEX: 06616).

The transaction involved the purchase of 59,000 shares at an average price of approximately HK$7.37 per share, amounting to a total consideration of roughly HK$434,800.

Following this acquisition, Wang Huan's total shareholding has risen to approximately 455 million shares, representing a stake of about 36.44% in the company.

The transaction involved other related parties, including Su Ertian.