Global New Materials International(06616.HK)Profit Warning: Expected loss attributable to shareholders of RMB 370 million to RMB 390 million for 2025

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Gelonghui March 19 — Global New Materials International (06616.HK) announced that, based on the preliminary review of the unaudited consolidated management accounts by the board for the group’s fiscal year ending December 31, 2025 (“2025 Year”), the group expects to record a net loss attributable to shareholders between RMB 370 million and RMB 390 million for 2025. The group’s expected net loss for 2025 is between RMB 280 million and RMB 320 million. The difference between the net loss attributable to shareholders and the overall net loss is mainly due to the different start dates of ownership for various business segments within the group. In comparison, for the fiscal year ending December 31, 2024 (“2024 Year”), the group recorded a net profit attributable to shareholders of approximately RMB 242 million and a profit of approximately RMB 320 million.

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