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6616 — Global New Material International Holdings News Story

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Refile: BRIEF-Global New Material International Holdings Announces Disposal Of Equity Interest In Chesir Luzhai

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May 25 (Reuters) - Global New Material International Holdings Ltd 6616.HK:

SAYS CHONGQING INTERNATIONAL AGREED TO INJECT 500 MILLION YUAN ($69.64 million) INTO NON-WHOLLY OWNED INDIRECT SUBSIDIARY CHESIR LUZHAI

SAYS ITS EQUITY INTEREST IN CHESIR LUZHAI WILL BE DILUTED FROM APPROXIMATELY 52.22% TO APPROXIMATELY 47.48% UPON COMPLETION

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Further company coverage: 6616.HK

($1 = 7.1798 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Shi.Bu@thomsonreuters.com;))

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