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
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.