Quote | Super Quote
IPO   |   IPO News   |   Listed IPO Information   |   Hot Listed IPO
Stock Code   IPO News IPO Timetable
IPO Detail
06616 環球新材國際
Global New Material International
Listing Date2021/07/16
Listing Price3.250
Subscription Result
  • Subscription Rate
  • Guarantee One Lot Size
    30 lot
  • One Lot Success Rate

Global New Material International is the largest pearlescent pigment producer in the PRC market as measured by revenue in 2020 with a market share of 11.0%, according to the Frost & Sullivan Report.

The Group’s pearlescent pigment products can be broadly divided into natural mica-based pearlescent pigment products; synthetic mica-based pearlescent pigment products; glass flake-based pearlescent pigment products; and silicon oxide-based pearlescent pigment products, and they are sold to customers in the PRC and more than 30 countries and territories in Asia (excluding the PRC), Europe, Africa and South America under its brand of “Chesir Pearl”.

Its business principally focuses on the production and sales of a comprehensive portfolio of pearlescent pigment products for use in diverse applications and industries, including industrial coatings, plastics, textiles and leather, cosmetics and automotive coatings. It is a midstream producer in the value chain of pearlescent pigment industry.

Its end user customers include manufacturers in different industries, such as automotive coatings, cosmetics, industrial coatings, plastics, printing, textile and leather and ceramics, which use pearlescent pigment products as colourants and use synthetic mica powder for the production of pearlescent pigment products and as raw material for the production of functional fillers, insulating materials, refractory materials and nickel-hydrogen batteries.

MarketHong Kong (Main Board)
Business NatureChemicals
Major Business AreaChina
Board Lot1000
No. of Offer Shares291m shares
No. of International Offer Shares262m shares
No. of HK Offer Shares29.07m shares
Offer Price$3.52 - $4.22
Registrar & Transfer OfficeTricor Investor Services
Stock Code6616
Sponsor(s)Essence Corporate Finance (Hong Kong) Limited
Underwriter(s)Essence Corporate Finance (Hong Kong) Limited; BOCOM International Securities Limited; China Industrial Securities International Capital Limited; China PA Securities (Hong Kong) Company Limited; CMBC Securities Company Limited; GF Securities (Hong Kong) Brokerage Limited; Guosen Securities (HK) Capital Company Limited; Guotai Junan Securities (Hong Kong) Limited; Shenwan Hongyuan Securities (H.K.) Limited; SPDB International Capital Limited; Yue Xiu Securities Company Limited; Futu Securities International (Hong Kong) Limited; Fuyuan Securities Limited; HK Monkey Securities Limited; Soochow Securities International Brokerage Limited; Valuable Capital Limited; Zhongtai International Securities Limited
Application PeriodJun 30 (Wed) - Noon, Jul 6 (Tue)
Price Determination DateOn or Before 5pm, Jul 6 (Tue)
Result Announcement DateOn or Before Jul 15 (Thu)
Dispatch of Shares and Refund ChequesOn or Before Jul 15 (Thu)
Dealings in Shares commence onJul 16, 2021. (Fri)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
ExecutiveSU Ertian (Chairman), ZHENG Shizhan, JIN Zengqin, ZHOU Fangchao
Non-ExecutiveQIN Min, HU Yongxiang
Independent Non-ExecutiveMAK Hing Keung Thomas, HAN Gaorong, LEUNG Kwai Wah Alex
Director SU Ertian and related parties25.68%
(Year ended Dec 31)
Gross Profit284,065218,277146,947
Pre-Taxed Profit177,821125,30187,746
Attributable Profit for the period148,172102,80677,400
Offer Price$3.52 - $4.22
Capitalization$4,093m - $4,907m
Unaudited pro forma adj NAV / share$2.04 - $2.21
Assuming the offer price being at the mid-point of $3.87, the net proceeds raised would be HK$1,052.9m, of which:
* $586.4m (55.6%) to be used for partial financing of the construction of our Phase 2 Production Plant;
* $358.9m (34.1%) to be used for partial financing of the construction of our Luzhai Synthetic Mica Plant;
* $74.0m (7.1%) to be used to increase investment in research and development facilities;
* $33.6m (3.2%) to be used for sales and marketing activities and building sales network
Code Name Nominal Change %Change
01986TSAKER CHEMdown1.490-0.010-0.667%
06616GLOBAL NEW MATdown4.840-0.110-2.222%
15-min delayed, last updated: 21/10/2021 17:59
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
IPO Calculator
Subscription --
Result Announcement --
Listing --
Offer Price︰--
Currency :
Listing Price :
Board Lot :
Admission Fee*
Subscribing Lot :
Subscribing Fee :

Subscribing Amount :
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027% and Stock Exchange trading fee of 0.005% (i.e. 1.0077% in total).
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.