The Zhitong Finance App learned that Global New Materials International (06616) rose more than 4%. As of press release, it had risen 2.56% to HK$9.42, with a turnover of HK$5.0616 million.

According to the news, on September 30, Global New Materials International announced that all the prerequisites contained in the share transfer agreement (including but not limited to obtaining compliance confirmation from the Shanghai Stock Exchange) have been reached. According to the securities transfer registration confirmation issued by China Securities Registration and Settlement Co., Ltd. on September 30, 2026, the shares for sale of Jihua have been transferred on September 29, 2026.

After completion and as of the date of this announcement, Junheng Limited Partnership held 202,308,616 shares of Zhejiang Jihua's issued shares, accounting for 29.89% of its issued shares, and Junheng Limited Partnership became the single largest shareholder of Zhejiang Jihua (thus becoming the controlling shareholder of Zhejiang Jihua).

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