This result came a long way. In June before the conference in Nanning Guangxi, we found ZJMY donated low speed cars to Guigang police under Long Long Star's logo. In August JB finalized the deal with Long Long Star and bought 37% of the low speed EV manufacturer.
ZJMY registered a company ZJMY Nanning some time ago and is no longer active I believe.
This move makes our EV manufacturing complete and complementary for both high speed and low speed cars.
The man in orange shirt signing the agreement is ZJMY president HAN Zhiming. The man in red shirt standing in the back is their vice president.
This report is very brief and is from the local government view. The details are to come from ZJMY. We should expect the story unfolding after the ticker change.