Changes in Hong Kong stocks | Global New Materials International (06616) rose nearly 4% in the morning, and the German business segment performed brilliantly in the first half of the year, and the effects of mergers and acquisitions were gradually showing

The Zhitong Finance App learned that Global New Materials International (06616) rose nearly 4% in the morning. As of press release, it had risen 3.92% to HK$10.86, with a turnover of HK$30.19 million.

According to the news, recently, Global New Materials International announced interim results for the six months ended June 30, 2026. The group achieved revenue of 2,558 billion yuan, an increase of 180.51% over the previous year. According to SDIC Securities, looking at the German business segment, 2026H1 had revenue of 1,521 billion yuan, including 1,138 billion yuan for pearlescent pigments, 273 million yuan for cosmetic active substances, and 108 million yuan for functional fillers. After excluding exchange rate effects. The average monthly revenue of the 2026H1 German business division increased by 32.3% compared to the August to December 2025 consolidation period. The effects of mergers and acquisitions have gradually become apparent, and formal cross-sales orders in the industrial sector have already been placed in various markets.

The bank believes that after excluding the impact of accounting adjustments related to non-cash mergers and acquisitions, the gross margin of the German business division was 37.6%, up 8.2 pct from the adjusted gross profit margin of 29.4% in the consolidated period last year. As mergers and acquisitions integration entered the efficiency release stage, operational efficiency and cost control capabilities continued to be optimized, driving the German business segment's profit level to steadily increase. 2026H1