JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

This was covered a long time ago by China Securities Times reporter Li Shouren.

Article about DOLV posted on July 11, 2017. The company isn't clairvoyant and didn't know that the name and ticker change would take this long.

I included an excerpt of the article that states that ZJMY's current scale of operation and corporate governance structure would not support an IPO at the time and that ZJMY were going to use the OTC pink market (DOLV) as a stepping stone, since they want to move to overseas' markets over time (see the third paragraph I included).

The whole article is worth a read for a refresher.

https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fepaper.stcn.com%2Fpaper%2Fzqsb%2Fhtml%2F2017-07%2F11%2Fcontent_1007280.htm&edit-text=

According to a reporter survey, DOLV originally planned to change its name to "JB & ZJMY" (Jin Bo & Zhong Ji Ming Yang, real Zhong Ji Ming Yang company) to reflect the current new business portfolio. However, perhaps the stock price changes, or related information disclosure and other reasons caused by regulatory concerns, renamed the matter temporarily encountered obstacles.

Zhong Ji Ming Yang confirmed to reporters, for renaming matters, "the US powder single market regulator FINRA (US Financial Industry Authority) on the company's application for a more rigorous and detailed audit, resulting in increased workload, time, now Is waiting for the formal notification of the relevant departments. "

Talk about why will choose to buy powder{pink} shell company, Zhong Ji Ming Yang said the company's current scale of operation and corporate governance structure can not meet the conditions listed in the United States IPO; as the future also plans to expand overseas markets, the company first landing powder{pink} Market (one of the US OTC markets).