Today's move is combination of pending FINRA name change along with filtering of news of massive ZJMY & Jinbo contracts signed the past few weeks IMO.
The investing public has started to realize the potential of this reverse merger to become a 100-bagger in the intermediate term.
The other stuff is indeed entertainment (for now). Tesla & every EV manufacturer in China will soon want the ZJMY battery & swap technology for their own. And that will make ZJMY alone worth $50/share!