Guojin Securities: Maintains a "buy" rating on Universal New Materials International (06616.HK), with preliminary synergies from the integration of SUSONITY becoming evident.

According to the Wisdom Financial APP, Guojin Securities released a research report stating that it maintains a "buy" rating on Universal Tech International (06616.HK) and that its merger progress and synergies are improving. The company is acquiring Germany's Merck Surface Materials business/CQV, aiming to cultivate a global leader in pearlescent pigments. With increased production capacity and optimized product structure, both volume and price are on the rise. The prospects for the pearlescent pigment industry in new consumption markets such as cosmetics and automobiles are considerable, and the trend of synthetic mica replacing natural mica is clear.