Global New Material International Holdings Limited announced that it has received CNY 300 million in funding from Hong Kong Boyue International Investment Fund Co., Limited

Global New Material International Holdings Ltd is a China-based investment holding company principally engaged in the manufacture and sales of pearlescent pigment. Its principle products include natural mica-based and synthetic mica-based pearlescent pigment products. Its products also include glass flake-based pearlescent pigment products and silicon oxide-based pearlescent pigment products. Its pearlescent pigment products are generally used as colourants in industrial and non-industrial applications, including industrial coating, plastic, textile and leather, cosmetic and automotive coating fields. The Company also produces synthetic mica powder of different granule sizes. The Company distributes its products within domestic market and to overseas markets.