JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

Billion dollar company Jinbo, with 100 billion dollar goals

My take on Jinbo's mentality:

Successful multi-billion dollar Jinbo does not invest in losers.

There is way too much at stake for Jinbo to scour the up and coming Chinese EV companies and pick one from a hat.

"Yep, let's roll the dice on this one, we have millions (or billions) to throw away. Let's take a chance," This conversation Never happened.

Jinbo vetted and scrutinized every aspect of ZJMY prior to investing in them imo. They were looking for a standout.

Superior technology - Check
Superior battery range - Check
Government support - Check
Key to taxi market - Check
Patents - Check
Company to compete with BYD and other current leaders - Check

Multi-billion dollar companies get that way and stay that way by investing in winners. They are not in the business of losing money.

From Checkfan's posted Jinbo article:

First: build millions of users of the new business alliance platform;
Second: to create 100 billion market value of mobile Internet companies;
Third: to build the scale of the multinational mobile payment group.

Mobile payment group = 300 billion dollar goal

http://m.tech.china.com/tech/article/20170614/2017061433461.html


Jinbo annual meeting



Shenzhen Jinbo Investment Holding Group