---
title: "EFR: Directors elected, acquisitions announced, and strategic expansion into rare earths and magnets detailed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290728492.md"
description: "The meeting confirmed all management proposals, including director elections, auditor reappointment, and executive compensation. Strategic highlights included major acquisitions (ASM and VAC), expansion into rare earths and magnets, and strong financial performance with significant capital raised.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-06-24T18:36:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290728492.md)
  - [en](https://longbridge.com/en/news/290728492.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290728492.md)
---

# EFR: Directors elected, acquisitions announced, and strategic expansion into rare earths and magnets detailed

The meeting confirmed all management proposals, including director elections, auditor reappointment, and executive compensation. Strategic highlights included major acquisitions (ASM and VAC), expansion into rare earths and magnets, and strong financial performance with significant capital raised.

Based on

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

### Related Stocks

- [VAC.US](https://longbridge.com/en/quote/VAC.US.md)
- [ASM.US](https://longbridge.com/en/quote/ASM.US.md)
- [EFR.US](https://longbridge.com/en/quote/EFR.US.md)
- [ASM.AU](https://longbridge.com/en/quote/ASM.AU.md)

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