18% dilution exchange for 7.7 bil cash.. 7.7 bil cash plus international connections on future prospect in Joint Venture, acquisition etc.. It is expected after ASP normalized smaller glove companies that enter the market to go bust.. The money can be used to buy those failing factories cheaply.. So the expansion is set to a longer time line.. Super smart hahaha..

Somehow there is changes to China Medical and Non Medical SOP in handling covid which require wearing of PPE and glove.. As at 2019 PRC percapita glove consumption was 9 pieces.. The expansion in China use of glove if go up drastically, the demand may not fall too much.. This applicable to other countries as well.. Asia Pacific got huge potential..