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Thursday, 04/20/2017 7:50:31 PM

Thursday, April 20, 2017 7:50:31 PM

Post# of 207125
I met HUANG Hua and Jinbo CEO WANG Jinlai on my trip to Beijing.

HUANG Hua is a lawyer, a young mother of two. People there call her Esq. Huang. She is extremely intelligent, down to earth, and straight forward. She works very hard. She told me that they are so busy that a lot of times she only sleeps for three to four hours a day.

WANG Jinlai is the CEO of Jinbo Group. He runs the whole group of companies. WANG is a Vietnam war veteran (the Sino-Vietnam war https://en.wikipedia.org/wiki/Sino-Vietnamese_War, not our Vietnam war). He was in a role similar to our navy SEAL. It appears to me that WANG Jinlai runs the front and WANG DeQun runs the back of Jinbo Group. This WANG-WANG duo sounds like win-win to me. I don't know how their relationship was forged, but I would rather believe that their friendship is like Forrest Gump and Lieutenant Dan.

They gave me as gift a hard copy of one issue of World Chinese Elites magazine (http://www.wcuga.com/wce_6.asp) issue 159 published July 2016. It is not available online. This special issue covers Mr. WANG Jinlai and Jinbo Investment Holding Group in detail.

I'm starting to connect his prior career as navy SEAL to his way of running a groups of companies, setting a target, quietly taking the target, and expanding the victory step-by-step. He has grown the group from ground up to today's presence in about ten years. People working close to him told me that he is like a magnet, attracting all kinds of smart and hard-working people to work for the company.

I found out that MA Hong as a listed officer in NV SOS filing, is not an outsider. He is the chief financial officer of Jinbo Group. Now the X Factor issue can be put to rest.

They told me that they are going NASDAQ. I hope this is not considered as insider information.

One thing we have to understand is that the companies within a group in China is much fluid than ours. They can make swift decisions and mobilize talent and assets easily among companies to focus on certain targets during certain period of time. This assumption is also based on the fact that they infused 5,0000,0000 RMB into the newly founded company Zhongtou (CIC) Jinbo. I intend to believe that money is either setup as collateral for CIC funding or it is used for expansion of production line. This makes me believe that at this moment how much assets ZJMY has does not matter, it is Jinbo group who's driving this green energy project forward. Even further, how much assets Jinbo has does not matter, it is their technology that determines their market share in EV space, and that market share determines the future value of our stock. People starts getting antsy when PR and financials do not come as they expected. People who have a vision knowing where this company is going should have an understanding that this stock could go to dollar and way beyond in short term.

I see three elements which determines the future of the stock: People, market and technology. We have a very strong and capable team leading by WANG & WANG, we have the EV market literally waiting to be filled and with government full support, and we have technology system better than Tesla and BYD.

I restrained myself from behaving like curious George, did not ask many questions, just went along with the conversation. I'm like you, have so many unanswered questions. What I got from the trip is that I feel we are in good hands, and our questions will be answered when the time is right.

That's all I have to say, about that: