Subsidiary acquires 100% of graphene raw material company for 21.4 billion won
- Subsidiary Jiangyin Youzijia Guangyunmu Co., Ltd. of China Crystal New Material Holdings decides to acquire 100% equity of Wuxi Wanlai Technology Co., Ltd.
- Acquisition amount approx. 21.416 billion won (4.27% of equity)
- Purpose: strengthen business competitiveness in graphene field and secure stable supply of graphene oxide raw materials
- Expected acquisition date 2026-06-30, payment in two installments (40% first, 60% second)
- Target company (Wuxi Wanlai) founded in 2023, recorded sales of 48.8 billion won and net profit of 8.7 billion won in 2025
ADVERTISEMENT (250px+)
KOSDAQ Filing Information
- Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations (Voluntary Disclosure) (Major Management Matters of Subsidiary)
- Company: China Crystal New Material Holdings (900250)
- Submission: China Crystal New Material Holdings Co., Ltd.
- Receipt: 05-19-2026
- Under KRX KOSDAQ Market Division