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STOCKS | Sinoma Science & Technology Says Subsidiary Fabric Products Account for Small Share of Revenue

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2026-06-28 15:46:08
Sinoma Science & Technology said its shares showed abnormal trading volatility after the stock’s cumulative closing-price deviation exceeded 20% over three consecutive sessions on June 24, 2026, June 25, 2026, and June 26, 2026.

According to Jin10, the company said it has recently noted heightened market attention on specialty fiber fabric products made by its wholly owned subsidiary Taishan Fiberglass Co., Ltd.

For 2025, Taishan Fiberglass recorded sales revenue of 360 million yuan from electronic fabric products (excluding specialty fiber fabric products) and 628 million yuan from specialty fiber fabric products. The two categories accounted for 1.19% and 2.08% of Sinoma Science & Technology’s 2025 operating revenue, respectively, and together represented a relatively small share, the company said.
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