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Yonghong Advanced Materials (6618) announced its board approved an investment to acquire nearly 40% equity in Quanrui Composite Materials, a composite molding factory in Taichung, Taiwan, to integrate materials and molding capabilities. The acquisition is expected to close in Q1 2026.
Yonghong Advanced Materials (永虹先進材料) secured a contract from European aerospace composite company Syensqo in September 2025, with first orders worth approximately NT$10 million to be shipped in Q4 2025.