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Global New Material International Holdings Limited completed the acquisition of a 42.45% stake in CQV Co., Ltd., making CQV a non-wholly owned subsidiary. The deal closed on 22 August 2023.
“Upon the Closing, the Company holds 42.45% of the issued shares of CQV and is the single largest shareholder of CQV.”prnewswire.com
Summarized from public sources; check the original articles before acting on it.