Tuesday, March 28, 2017 2:43:59 AM
This was confirmed and elaborated in another video which is CEO WANG Jinlai addressing the 2016 annual meeting. http://v.youku.com/v_show/id_XMjUyMTk2NzIwMA==.html?spm=a2h0j.8191423.module_basic_relation.5~5!2~5~5!5~5~5~A
The CEO talked about ZJMY's 3rd generation EV's R&D history. It was the result of seven years of research and development by Tsinghua University and Collaboration with ZJMY. The new vehicle attracted many companies and investors, including national companies who want to work with Jinbo. This coincides with the formation of Zhongtou (CIC) Jinbo Investment Group in Jan 2017. He also mentioned that ZJMY is already in the process of preparing listing in the US. He also talked about their plan of 2017: There will be three groups of companies going public. My understanding is that there will be three different public entities, not under one umbrella. He said that the e-commerce and online payment companies are preparing to go public. Because of its distinctive business nature, i don't think this part of business will go along with ZJMY.
Tsinghua University if you never heard of it before, just think of it as China's MIT. http://www.tsinghua.edu.cn/publish/newthuen/
It is too late now, I will cover this video tomorrow if I have time.
From all these clues I say this: Jinbo is huge and the RM is real. If anyone listen to and understand the CEO's speech, and read all the DD we found so far, they should feel very fortunate to be in DOLV right now.
Above resource is also provided for Chinese investors as a starting point for DD.
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