JB and ZJMY Holding Co (JBZY)

[floridany]

WANG Dequn IS WANG Jinlai

When I first met WANG Jinlai in April, I mentioned that we were counting WANG Dequn's companies and assets in front of him. He paused and quickly continued our conversation on battery technology. I thought it was odd but did not think too much about it.

Later on I asked two young men of the company if they knew WANG Dequn. They told me that they never met him. So I ass-u-me-d that Dequn and Jinlai are two different person and one runs in front and another runs in the back.

Recently I found a piece of document which states that Jinbo is appointed as the consumption economy research and innovation demonstration base by the Chinese Management Science Academy and WANG Dequn (WANG Jinlai) was appointed as the director of the base. That means WANG Dequn and WANG Jinlai are the same person.

During my trip to ZJMY, I asked Mr. HAN about Wang's name. He said that Dequn is Wang's official name and Jinlai is a name given by a taoist monk. Jinlai echoes the name of his company Jinbo. Both Jin uses same Chinese character Gold which means wealth. Lai means coming or arriving. Bo means abundant or richful. It is not a very common practice in China but people do seek help from taoist monk or fengshui master when name a company or change personal name.

If anyone wants see the document as a proof I can send you by email. I'm limited to one post a day and I'm not a paid member so I can't post photos.