Sinoma Science & Technology Co., Ltd.

Sinoma Science & Technology announced its subsidiary Taishan Fiberglass will invest 213 million yuan in a wet-laid mat line (212.5 million sqm/year) and 308 million yuan in a water-based new material line (22,500 tons/year) in Tai'an, Shandong.

Sinoma Science & Technology, a subsidiary of China National Building Material, agreed to acquire 100% of Beijing Glass Fiber Institute from CNBM Asset Management for CNY 83.028 million. The acquisition aims to integrate assets and reduce related-party transactions.

Sinoma Science & Technology's membrane materials company won a bid for China Datang Corporation's annual high-temperature dust removal filter bag procurement project, with an estimated transaction amount of CNY 100 million.

Sinoma Lithium Film, a subsidiary of Sinoma Science & Technology, signed a contract with Dalian Rubber & Plastics on January 24, 2017, to purchase two wet-process lithium battery separator production lines and supporting equipment for CNY 303 million.

Sinoma Science & Technology's membrane materials company won a contract from China Datang Corporation for high-temperature dust removal filter bags, with an estimated transaction value of 100 million yuan ($14.5 million).