---
title: "Global New Material Moves Forward With Supplemental Agreement on JH Share Acquisition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293024336.md"
description: "Global New Material International Holdings Limited (HK:6616) signed a Supplemental Agreement on July 16, 2026, to advance the acquisition of JH Sale Shares in Jihua Group. The agreement introduces conditions precedent, including vendor warranty accuracy, Jihua's continued listing status, and regulatory approvals, tightening deal protections."
datetime: "2026-07-17T10:38:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293024336.md)
  - [en](https://longbridge.com/en/news/293024336.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293024336.md)
generator: "portal-rs"
---

# Global New Material Moves Forward With Supplemental Agreement on JH Share Acquisition

Global New Material International Holdings Limited ( (HK:6616) ) just unveiled an update.

Global New Material International Holdings Limited, a Hong Kong-listed new materials group, is pursuing portfolio expansion via Junheng LLP, which serves as its acquisition platform for stakes in other listed companies in adjacent industrial segments. The company aims to strengthen its market positioning and operational synergies by acquiring interests in businesses such as the Jihua Group, while maintaining compliance with Hong Kong listing rules.

The company has signed a Supplemental Agreement dated 16 July 2026 to advance the planned acquisition of JH Sale Shares in the Jihua Group after satisfactory due diligence. The new agreement adds conditions precedent, including accuracy of vendor warranties, the continued going-concern and listing status of the Jihua Group, absence of prohibitive regulatory changes, and completion of all necessary approvals and consents, which collectively tighten deal protections and shape the timeline for completion.

**More about Global New Material International Holdings Limited**

Global New Material International Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands that operates in the new materials sector. Through investment vehicles such as Junheng LLP, the group seeks strategic stakes in other listed enterprises to expand its portfolio and reinforce its presence in related materials and industrial markets.

**Average Trading Volume:** 2,087,299

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$9.56B

For a thorough assessment of 6616 stock, go to TipRanks’ Stock Analysis page.

### Related Stocks

- [06616.HK](https://longbridge.com/en/quote/06616.HK.md)
- [601718.CN](https://longbridge.com/en/quote/601718.CN.md)
- [603980.CN](https://longbridge.com/en/quote/603980.CN.md)

## Related News & Research

- [Global New Material delays shareholder meeting circular dispatch to Aug. 31 for Zhejiang Jihua stake deal approval](https://longbridge.com/en/news/295221988.md)
- [Global New Material International Holdings holds annual shareholder meeting](https://longbridge.com/en/news/290949765.md)
- [09:15 ETHilb Group Continues to Grow Midwest Presence, Acquires Michigan-Based Property and Casualty Agency](https://longbridge.com/en/news/297331986.md)
- [Tandem’s Tender Offer for Compagnia dei Caraibi Reaches Over 26% of Target Shares](https://longbridge.com/en/news/297354382.md)
- [Shein founder Xu true to form with minimalist presence at Hong Kong listing](https://longbridge.com/en/news/297615292.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**