[Chungcheongbuk-do, South Korea, November 7, 2025] CQV Corporation (101240.KS), an advanced pearlescent pigment specialist under Global New Material International Holdings Limited (06616.HK), held a K-Smart Lighthouse Factory Innovation presentation and on-site visit at its headquarters in Jincheon, Chungcheongbuk-do, South Korea.

The event attracted government and industry representatives such as Lee Bok-won, Governor of Economy Department of Chungcheongbuk-do, and Park Soon-ki, President of Chungbuk Technopark, to witness the new achievements of CQV in driving industrial upgrading through intelligent manufacturing.

From Process to Intelligence: Setting a New Global Benchmark for Pearlescent Material Manufacturing

CQV, with the core goal of “intelligentization of pearlescent pigment production processes”, has elevated its smart factory Level from Level 2 to Level 4 by building K-Smart lighthouse factories.

The project results are remarkable:

• Manufacturing lead time reduced by 25%
• Sales increase by 30%
• A 30% reduction in defect rate
• 20% reduction in labor hours
• A 33% reduction in deliverycyclefor export

The overall improvement in this series of key operational indicators has enabled CQV to successfully become one of the 11 national “K-Smart Lighthouse Factories” certified by the Ministry of Trade, Industry and Energy of South Korea.

Smart Manufacturing Reshapes the Competitiveness of Pearlescent Pigment Industry

Pearlescent pigments are high-performance materials that are extremely sensitive to raw material quality, feeding accuracy, environmental temperature and humidity changes, etc. Their complex production process requires the coordination of multiple precise procedures.

This intelligent transformation, through automated equipment, big data analysis and AI algorithms, has achieved digital closed-loop management of the entire process from formula, production to testing, significantly enhancing production efficiency while also significantly improving the working environment and operational safety of employees.

Through planned production and systematic inventory management, CQV was able to precisely control raw material and finished product inventories, which not only enhanced customer delivery reliability but also brought additional sales growth and increased market trust for the company.

Global Intelligent Manufacturing Strategic Sample of Global New Material International

Since 2016, CQV has been continuously advancing government-supported projects and independent investments in parallel and has implemented three smart factory construction plans.

The successful landing of the K-Smart lighthouse plant not only marks a major breakthrough for CQV in complex process control and intelligent manufacturing, but also serves as an important practice sample for Global New Material International to promote the “new materials + intelligent manufacturing + sustainable development” strategy worldwide.

As a global leader in surface performance materials, Global New Material International is building a cross-regional smart manufacturing network through its subsidiaries – including China’s Chesir, South Korea’s CQV, Germany’s SUSONITY, etc. – to achieve technology sharing, data interconnection and global synergy of process standards, continuously enhancing the group’s overall innovation and competitiveness.

“Starting with the K-Smart lighthouse factory, we will move towards the AX (AI Transformation) era, continuously strengthening CQV’s productivity and quality competitiveness through data-driven manufacturing innovation and AI analysis technology, and providing more efficient and sustainable material solutions for global customers,” said Lim Kung Su, Representative Director of CQV.

Global New Material International said the group will continue to advance its “lighthouse factory” smart manufacturing layout globally, driven by technological innovation and digital capabilities to lead the surface performance materials industry towards a higher level of industrial intelligence.

About Global New Material International Holdings Limited (06616.HK)

Global New Material International is a new materials technology platform enterprise focusing on the research and development, manufacturing and commercial application of surface performance materials.

Its business covers pearlescent materials, synthetic mica, cosmetic actives, industrial and automotive coating materials and high-performance functional materials, which are widely used in automotive, beauty, electronics, new energy and high-end manufacturing, injecting continuous vitality into the global industrial chain with innovative materials.