Tuesday, October 24, 2017 12:56:39 PM
Now that the merger is closed, the share price will be driven by the new announcements of JB&JMY Holding Company. Thus, let’s get more information from the last quarterly release.
JB & ZJMY Co., Ltd. is a Chinese battery manufacturer founded in March 2015 with registered capital of 50 million yuan. It holds six Chinese patents pertaining to batteries for use in electric automobiles, which should be appreciated by the market.
Why is the company interesting the market?
First of all, the company has developed “a small, low-cost, fully automatic, multi-function rechargeable car power plant recharge system.” This is made by using a new technology based on a nickel-manganese multi-phase lithium-ion battery.
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