Glass fiber giant Sinoma Technology has decided to expand its foothold. According to the announcement issued by the company on the evening of October 8, the company issued a total of 87.1819 million shares to 15 targets at 51.40 yuan/share, raising a total of 4.481 billion yuan. The Securities Times reporter noticed that Ge Weidong, a well-known investor, participated in the subscription with the highest price in the game and eventually received an allocation of about 700 million yuan to become the company's fifth largest shareholder; while Wang Ping, who had a close relationship with Ge Weidong earlier, ranked as the company's ninth largest shareholder.

Glass fiber giant Sinoma Technology has decided to expand its foothold. According to the announcement issued by the company on the evening of October 8, the company issued a total of 87.1819 million shares to 15 targets at 51.40 yuan/share, raising a total of 4.481 billion yuan. The Securities Times reporter noticed that Ge Weidong, a well-known investor, participated in the subscription with the highest price in the game and eventually received an allocation of about 700 million yuan to become the company's fifth largest shareholder; while Wang Ping, who had a close relationship with Ge Weidong earlier, ranked as the company's ninth largest shareholder.