JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

OEM Production Model.

Using this model the company will save hundreds of millions or even billions.

ZJMY acquired 70% of Wuhu Huaba Electric Vehicle Co., Ltd. I have posted this DD and research before. You can go back through my posts and find were my statements are supported by links.


In the Wuhu business plan using Kay Wing as an OEM is a money saving approach.

From Wuhu 2016 business Plan which now is part of ZJMY's business Plan.

Chapter 5 Product Manufacturing

To build a modern electric car manufacturing enterprises, need to invest hundreds of millions of dollars or even billions of dollars of funds, and the construction cycle also takes about 3 years to achieve mass production, this traditional model not only large investment, long cycle and investment rate of return Low, therefore, my company in the country's first use of the production of automotive enterprises qualification, production capacity, so that the automobile business on behalf of the announcement, OEM production of the development of the electric car cooperation model, Apple and Foxconn cooperation model in the world Within the scope of the first extension to the automotive sector - this will be the beginning of China's auto industry changes!



6-1.2 As a result of the Company's use of light asset operation mode, let Chery's sub-brand company Kay wing car on behalf of the announcement and OEM production, need to pay about 10 million yuan Kai-wing car on the announcement and production line transformation costs, but also in the Wuhu construction for 100 electric taxi operation charge of the power plant model project, need to invest 15 million yuan, and the company's operating costs and further in-depth R & D costs need 15 million yuan, a total of 40 million yuan can let the company into the outbreak Growth stage, you can through the second round of financing to solve the company's follow-up development needs. In this 40 million yuan of funding needs, Wuhu city government can provide at least 10 million yuan has been approved equity investment, there may be 10 million yuan of government funding to support the provincial, the current round of financing needs 20 million yuan.