Crown new materials stock surge: How an ex-school teacher who left his job to make adhesive tapes became a billionaire
· livemint.com
Chinese materials maker Crown New Materials raised CNY 956 million in its debut, with shares surging as much as 787%. The listing lifted co-founders Mai Michael and Mai Huixia to billionaire status,. The company supplies adhesive materials and films to customers including BYD, Apple and Tesla.
Crown New Materials Technology, the Chinese manufacturer of industrial adhesives, electronic-grade tapes, and functional films, made its stock market debut on t...