China Hengshi Foundation (1197 HK)

Analysis

Consumer Discretionary • China

China Hengshi Foundation Co Ltd specializes in the research, development, production, and sales of various fiberglass fabrics, including multi-axial fabrics, woven roving combo mats, and stitched mats. These products are primarily used in wind turbine blades, as well as in aerospace, construction, and transportation industries. The company was founded in 2000 and is headquartered in Tongxiang, China.

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China Hengshi IPO - Too Many Related Party Transactions to Even Bother About the Underlying Business

China Hengshi Foundation Company Limited (Hengshi) plans to raise US$58-84m by selling new shares. Ordinarily we don't write on such deals, owing...

Sumeet Singh