06616 GLOBAL NEW MAT
- 3.560
- -0.010-0.28%
GLOBAL NEW MAT News
GLOBAL NEW MAT (06616) has won the 2024 Hong Kong Listed Company Excellence Award for Environmental, Social and Governance.
Recently, the 2024 Hong Kong Corporate Governance and ESG Excellence Award ceremony organized by the Hong Kong Listed Companies Association and the Corporate Governance and Financial Policy Research Centre (CCGFP) of Hong Kong Baptist University was held in Hong Kong. GLOBAL NEW MAT (06616) was awarded the "Excellence Award in Environmental, Social, and Governance (ESG)" for its outstanding performance in ESG strategy, environmental protection, social responsibility, corporate governance, and information disclosure. This award is not only a highly recognized effort by GLOBAL NEW MAT in the field of sustainable development, but also reflects the company’s commitment to creating long-term value for society, the industry, and investors.
Valuation adjustments have been sufficient, market expectations are warming up, and high-quality Hong Kong stock companies may welcome a "year-end market rally".
As of the end of November, the Hong Kong stock market has experienced a downward trend throughout October and November. After the profit-taking ended, the hang seng index has now retraced to the level before the market rally initiated at the end of September, and the overall market valuation has returned to a low point. For listed companies in Hong Kong stocks, the negative factors leading to corrections may have been fully factored in, and a new round of investment opportunities may have already begun. With valuations back in the trough, the Hong Kong stock market is once again welcoming a window for positioning. After a rapid rise at the beginning of October, the Hong Kong stock market began to correct, with the hang seng index dropping from the peak on October 7 (23,241 points) to 19,159 points on the 26th, a decline of 15.7%. In terms of reasons,
Electric vehicles welcome the milestone of annual production of tens of millions of miles, with strong growth in demand for auto coatings, driving up enterprise profits.
On November 15, the People's Daily published an article reporting that china's annual production of new energy autos has exceeded 10 million units. This marks a new stage of high-quality development for the new energy autos industry in the country. From an annual production of 0.013 million units in 2013 to a production of over 10 million units in 2024, china has transformed from a large consumer of autos into a top global auto manufacturing powerhouse in the past decade. The report pointed out that the auto industry is an important symbol of a country's manufacturing strength, and the "overtaking in a bend" of the new energy autos sector is a crucial factor for breakthroughs in china's auto industry, reflecting the strength of chinese manufacturing. As china's auto sales...
Singles' day sales promotion drives beauty consumer spending, related high-quality companies may receive a boost in sentiment.
Recently, the 2024 singles' day sales on major domestic e-commerce platforms have all kicked off. Compared to the past, the start time of activities on major e-commerce platforms has been further advanced than in previous years. For example, looking at the earliest start of activities on the Douyin platform, its singles' day sales event lasts for as long as 33 days. The title of the 'Longest Singles' Day in History' has once again been refreshed in 2024. In terms of marketing strategies on platforms like Tmall, Taobao, jd.com, pdd holdings, etc., compared to last year's 'lowest price' strategy, this year's singles' day sales are more focused on reducing burdens for merchants, including reducing service fees, loosening strict refund policies, fast payment return, subsidizing shipping costs, etc.
The Hong Kong stock market fluctuation does not change the overall uptrend, and it is worth paying attention to the opportunity for quality companies to catch up.
With the domestic stable economic policy stepping up, the Hong Kong stock market has experienced a significant rebound since the end of September. During the National Day holiday, the Hong Kong stock market rose continuously, with only a pullback on October 3. Despite the market experiencing another pullback since October 8, industry experts generally believe that the upward trend of the Hong Kong stock market remains unchanged, opening up room for further upward rebound. Specifically, on the monetary policy front, reserve cuts and interest rate reductions support stable economic growth, with policy releases indicating bullish signals for liquidity. In terms of real estate, cutting loan interest rates for existing housing promotes the stable and healthy development of the real estate market. Regarding the capital markets, introducing two structural monetary policy tools to support the stable development of the capital markets.
Chairman & CEO of Global New Material International Holdings Ertian Su Buys 1.8% More Shares
global new mat (06616.HK) chairman and CEO Sultien shareholding 2.464 million shares
According to the latest equity disclosure data from the Hong Kong Stock Exchange on October 7, 2024, Global New Mat (06616.HK) director and chairman cum CEO Suertian acquired a total of 2.464 million shares at an average price of HK $4.2554-4.3763 per share on October 2-3, 2024, involving approximately HK $10.65 million. After the acquisition, Suertian's latest shareholding increased from 34.04% to 34.24%, with a total of 424,246,948 shares.
A Look At The Fair Value Of Global New Material International Holdings Limited (HKG:6616)
Global New Materials International (06616.HK): Lin Guangshui appointed as an executive director.
Granol Hu September 26th Global New Materials International (06616.HK) announced that, effective September 26, 2024: (1) Lin Guangshui has been appointed as executive director; (2) Chen Fadong has been appointed as independent non-executive director.
Express News | Global New Material International - Lim Kwang SU Appointed as an Executive Director
GLOBAL NEW MAT: 2024 Interim Report
CICC Securities: The chemical industry continued to fluctuate in the first half of the year, with strong tire exports and double growth in revenue and performance.
In the first half of 2024, the chemical industry achieved revenue of 1237.63 billion yuan, a year-on-year increase of +4.2%; net income attributable to the company was 75.25 billion yuan, a year-on-year increase of +0.8%.
The "Overseas M&A + Capacity Release" effect is significant, with global new materials international (6616.HK) gross profit increasing by more than 70% in the first half of the year.
Recently, Universal New Materials International (6616.HK) disclosed the financial performance for the first half of 2024 ending on June 30. The Group achieved significant growth in revenue and net profit in the first half of the year, delivering satisfactory performance. Looking back at the first half of 2024, the Group achieved many accomplishments under the guidance of the development global strategy of "internal development and external expansion". Internally, the company's investment in production capacity has achieved phased results, laying a solid foundation for the future development of the enterprise; externally, the acquisition effect of CQV was reflected in this performance period, and the Group's surface solution business for Merck in Germany also showed positive performance.
Huanqiu New Material International (6616.HK) recorded a 66.8% revenue growth in the first half of 2024, driving profits to a higher level with high-quality income.
Hong Kong, August 29, 2024 /PRNewswire/ -- On the evening of August 29, Universal New Materials International (6616.HK) released the performance report for the first half of 2024 ending on June 30. During the reporting period, the company achieved a revenue of 0.775 billion yuan, a year-on-year increase of 66.8%; gross profit of 0.388 billion yuan, a year-on-year increase of 72.8%, with a gross margin of 50.1%, an increase of 1.7 percentage points from last year; and realized an operating profit of 0.145 billion yuan, a year-on-year increase of 52.7%. It is reported that Universal New Materials International Holdings Limited is the largest pearl pigment producer in China. The company's flagship brand Seven Colors.
The interim performance of Universal New Materials International (06616) resulted in a net profit attributable to owners of approximately 0.107 billion yuan, an increase of about 26.4% year-on-year.
Global New Materials International (06616) announced its mid-term performance for 2024, with a revenue of approximately RMB 0.775 billion, a year-on-year...
Express News | Global New Material International Holdings H1 Operating Revenue RMB 774.6 Million
Express News | Global New Material International Holdings H1 Gross Margin 50.1%
Express News | Global New Material International Holdings H1 Gross Profit RMB 388 Million
Express News | Global New Material International Holdings H1 Net Income RMB 144.5 Million
GLOBAL NEW MAT: INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
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