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GLOBAL NEW MAT: RESULTS OF A SUBSIDIARY
[Hong Kong Stock Connect] GLOBAL NEW MAT (06616): Subsidiary CQV issued a profit warning announcement for the fiscal year 2024, expecting a net profit growth of 170.5% within the year.
Jingu Financial News | GLOBAL NEW MAT (06616) subsidiary and South Korean listed company CQV yesterday announced a profit alert for the fiscal year 2024. It is expected that the company will achieve a revenue of 60.146 billion South Korean won for the full year of 2024, representing a year-on-year growth of 17.7%; an EBITDA of 10.981 billion South Korean won, a year-on-year increase of 197.8%; and a net income of 9.265 billion South Korean won, a year-on-year increase of 170.5%. In today's early trading, CQV's stock price surged significantly. As of the time of writing, CQV's stock price is 4,695 South Korean won per share, up 18.11% for the day. Public information shows that CQV is a well-known jewelry company in South Korea.
PCHi 2025 Observation: Pearlescent pigments become the "weather vane" for cosmetics, while peptides are the "treasure" for personal care products.
The 15th China International Personal Care and Home Care Ingredients Exhibition (PCHi 2025) will be held in Guangzhou from February 19 to 21. According to the exhibition information, PCHi 2025 will bring together over 800 companies from more than 20 countries in the Global cosmetic ingredients, testing, and equipment sectors, with an exhibition area exceeding 0.06 million square meters. Hundreds of top experts and corporate representatives from around the world will attend, sharing the latest technological innovations, market trends, and policy regulations in the Industry. As an important platform for showcasing achievements in the beauty, Personal Care, and home care sectors, the PCHi conference is held annually.
Global New Material International Holdings Limited's (HKG:6616) Biggest Owners Are Private Companies Who Got Richer After Stock Soared 22% Last Week
Breaking the deadlock with "materials" and embracing green "growth", GLOBAL NEW MAT (06616) has been awarded the "Innovation and Sustainable Development Award".
On December 27, the 7th Investment Annual Conference of 2024 held in Shanghai, the Hong Kong-listed company GLOBAL NEW MAT (06616) was successfully selected for the "Annual Most Influential Enterprises List" and awarded the "Innovation and Sustainable Development Award." In 2024, the Chinese economy is experiencing a transition from a high-speed growth phase to a high-quality development phase. Signs of changes in development methods, optimization of economic structures, and transformation of growth momentum indicate that the growth model of the Chinese economy is changing. Against this backdrop, the financial community, under the theme "Breaking Barriers and Growth", has invited over 30 chairmen of listed companies and 100 presidents of listed companies to engage in discussions.
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.
