Global New Material International Holdings Ltd increases stake in CQV to majority ownership

Reuters

Oct 10

Global New Material International Holdings Ltd increases stake in CQV to majority ownership

Global New Material International Holdings Ltd. has announced an increase in its shareholding in CQV Co., Ltd., a non-wholly owned subsidiary. Between July and October 2025, the company acquired an additional 1,121,781 shares of CQV. This raises its stake from 42.45% to approximately 50.75% of CQV's total issued shares. The move is intended to stabilize market expectations, boost investor confidence in the group's international strategy, and lay the foundation for future industrial consolidation and strategic expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global New Material International Holdings Ltd. published the original content used to generate this news brief on October 10, 2025, and is solely responsible for the information contained therein.

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