Chairman of GLOBAL NEW MAT Increases Holdings by 2.44 Million Shares

Stock News
Apr 21

According to the latest data disclosed by the Hong Kong Stock Exchange, Su Er Tian, Chairman and CEO of GLOBAL NEW MAT (06616), acquired approximately 2.44 million ordinary shares in the open market on April 10, April 16, and April 17, with a total investment of around HK$18.34 million. Following the transactions, Su's shareholding has increased to 451,650,597 shares, representing a rise in ownership from 35.98% to 36.17%. GLOBAL NEW MAT is a national high-tech enterprise focused on the research, production, and sales of pearlescent materials and synthetic mica. The concentrated share purchases by the controlling shareholder reflect strong confidence in the company’s future growth, while also helping to boost market sentiment and highlight its long-term investment value.

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