Ziwo cheonging this morning after announcing final clearance for TDR listing. now bookbuilding and pricing....>>> stock may touch 40 cents in a matter of days.
Ziwo produces a few types of foamed products. One of them is foamed PE which can dampen vibration (it’s foam after all!) and insulate against heat. Its foamed product is used for auto mobile roof lining and …..ZIWO is certified to supply to manufacturers of GM China, China Wulin and Chevrolet.
From what I read in an analyst report, ZIWO is in negotiation with a few other car brands as the certified supplier.
Like that the stock will have a lot of potential because of the fast growing China automobile market.