GLOBAL NEW MAT (06616) surged over 3%, gaining 2.69% to HK$10.29 by press time with a turnover of HK$57.91 million. On December 16, 2025, the company announced differentiated pricing adjustments and plans to issue HK$1 billion in convertible bonds.
Guojin Securities noted that to align with commercial management and value optimization needs, the company has implemented phased differentiated pricing adjustments across select product categories and application segments. These measures aim to refine its business structure and enhance operational quality and value creation capabilities.
The proposed convertible bonds will carry a total principal of HK$1 billion, a 4.25% coupon rate, and mature on January 4, 2027. The initial conversion price is set at HK$10.19, representing a ~7.49% premium over the previous closing price.
The pricing adjustments will be rolled out progressively across three business platforms—Pearl Pigment, SUSONITY, and CQV—to align with market trends and strengthen core competitiveness. Ranging between 3% and 30%, the adjustments are tailored to product features, technical complexity, application scenarios, and client profiles. This dynamic optimization targets higher-value segments, with results expected to materialize gradually.
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