InvestorsHub Logo
Followers 75
Posts 794
Boards Moderated 0
Alias Born 05/14/2017

Re: lentwardine post# 67376

Sunday, 06/04/2017 3:49:09 PM

Sunday, June 04, 2017 3:49:09 PM

Post# of 207120
For sure. We get a sense on timing, scale and a few other nuggets of information.

Timing

From 33 job listings on the Tianyancha site we see 13 of the postings are already past their deadlines. In my opinion they are already filled.

The other 20 job postings were listed on 5/22/2017 and the deadline is 6/21/2017.

-Looks like they want the majority of the hiring done by July.

Quantity

Most of the jobs have "several people" listed. The car salesman job had 6 recruits. Assuming "a few people" or "several people" means 3-4 recruits, they have hired/are hiring somewhere north of 100 employees.

Assuming 5000 yuan/month per job on average for 100 jobs = 500,000 yuan or about $75,000 USD in employee wages per month. Add in the existing employees (I've seen 128 listed for ZJMY, not sure if that includes some of the new hires or not), and we get well north of $100,000 monthly wages (probably much higher). It takes a good sized company to pay those types of wages.


-100 plus new employees
-well north of $75,000 in new monthly wages

Potential Nugget

Here is one of the potential nuggets I mentioned:



Potential Nugget
-ZJMY will sale Electric motorcycles as well.

ZJMY