JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

Thanks Choi. I'll break the article down.

I've seen this article but didn't have time to break it down before.

The money will be divided between a number of projects. New Energy Vehicle (NEV) production with Guanxi Long Star is one of the 3 main areas of investment noted in the article.

ZJMY is a 37.7% shareholder in Guangxi Long Star as proven here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134569299

The article mentions investment in Guanxi Long Star specifically. We can conclude that a significant amount of $$$ is allotted to them as I will show below.

These projects cover the construction, tourism, education, energy, industry and other aspects of construction, come to see what your home big project now!

It is reported that the 48 projects a total investment of 62.8 billion yuan, of which 37 new projects, a total investment of 25.93 billion yuan, the annual plan to invest 5.48 billion yuan; 11 projects, a total investment of 36.87 billion yuan. Supplementary projects will be given priority to land protection, and strive to achieve all the year started.

There appears to be several major areas of investment:

1. Transportation
A) A two-line high-speed railway from Nanning, China to Chongzuo, China (in progress).

B) Several different road projects around Nannning and Chongzuo including 4 and 6 lane roads. It appears that Guanxi province is improving the link from Nanning, China to Dong Dang, Vietnam to improve the "ASEAN channel". I am not sure if the Guigang Huaao factory with 300,000 EV output is related to Guanxi Long Star, but appears it may be.

2. New energy vehicles (NEV) production and R&D base
A) Guangxi long time Star New Energy Vehicle Technology Co., Ltd. adding to its production capabilities.

This year and next year Guigang Huaao plans to complete an annual output of 300,000 light passenger cars (SUV) and 50,000 new energy coupe project. The same is located in Guigang Guangxi long for a long time Star New Energy Vehicle Technology Co., Ltd., will strive to achieve the end of the year to achieve the new vehicle car off the assembly line, with an annual output of 150,000 four-wheel low-speed smart electric vehicles and 30,000 special vehicles. Guigang will build Guangxi's second car (new energy) production base.

Here is its address and coordinates

Construction Address: Guigang City Qintang District Taiwan Industrial Park Shijia Linjiang Park , the specific geographical coordinates: latitude 22°59'31.53 " , longitude 109°33'37.60" .

Here is a rendering of the production base off of Guangxi Long Star's official website:

https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.jjxev.cn%2Fa%2Fxinwenzixun%2Fgongsixinwen%2F207.html&edit-text=



Another article stating that the Guangxi Long Star production base investment is near 20 billion yuan or 3 billion dollars if its translated correctly, with 5 billion in sales projected annually. That accounts for about %30 of the total 62.8 billion yuan investment.

If you consider that ZJMY has a 37.7% stake in Guangxi Long Star, 37.7% of 5 billion yuan equals about $282 million dollars per year. That is just the one production base.

https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.jjxev.cn%2Fa%2Fxinwenzixun%2Fgongsixinwen%2F205.html

Guangxi Jiuxuanxing{Long Star} New Energy Vehicle Technology Co., Ltd. is one of the enterprises invested by Shandong Jiuxuan Group. It is a high-tech enterprise specialized in R & D, production and sales of new energy vehicles. The project investment of nearly 20 billion yuan, the construction area of ??about 320 acres of planning area, completed and put into production, the design production capacity of up to an annual output of 150,000 sets of four-wheel smart car, production output is expected to over five billion.

Continuing on with other investments in the article posted by Choi:


B) Aluminum Industrial Base, which is probably be used in the NEV production facilities.
C) Petro, Food and other industries also mentioned.

3. Municipal tourism projects.
A) Nanning Shengling Ling ASEAN Cultural Tourism Resort
B) Flood control projects in Wuzhou city
C) Education investments in various institutions.