GLOBAL NEW MAT

4.570

-0.080-1.72%

Volume:13.51M

Turnover:62.40M

Market Cap:5.66B

PE:21.44

High:4.730

Open:4.690

Low:4.560

Close:4.650

52wk High:5.970

52wk Low:3.360

Shares:1.24B

HK Float Shares:1.24B

Volume Ratio:0.62

T/O Rate:1.09%

Dividend:- -

Dividend Rate:- -

EPS(LYR):0.213

ROE:5.99%

ROA:5.29%

PB:1.51

PE(LYR):21.44

PS:2.91

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Overview Company News Filings

Global New Material International Holdings Announces Capital Injection and Equity Dilution in Chesir Luzhai

Reuters

·

May 25

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New Material International Holdings Announces Capital Injection and Equity Dilution in Chesir Luzhai","url":"https://stock-news.laohu8.com/highlight/detail?id=2538011490","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2538011490?lang=en_us&edition=fundamental","pubTime":"2025-05-25 18:19","pubTimestamp":1748168340,"startTime":"0","endTime":"0","summary":"Global New Material International Holdings Limited has announced a significant update regarding its subsidiary, Chesir Luzhai. On May 24, 2025, the company entered into a Capital Increase Agreement with Chongqing International Trust Inc. This agreement will result in a capital injection into Chesir Luzhai by Chongqing International, leading to a dilution of the Group's equity interest in the subsidiary. The transaction aims to support business growth in the synthetic mica industry, enhancing marketing initiatives, product quality, sales channels, and production facilities. The company views this transaction as beneficial for its business and shareholders.Disclaimer: This news brief was created by Public Technologies  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. 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