JB and ZJMY Holding Co (JBZY)

[Darrell]

Zhongji Mingyang New Energy Technology Co., Ltd. and Qintang Qintang People's Government signed a strategic cooperation framework agreement

Recently, Zhongji Mingyang New Energy Technology Co., Ltd. signed a strategic cooperation framework agreement with annual output of 300,000 high-speed and new-energy automobile projects with Guantang District People's Government of Guigang, Guangxi Province. The estimated total investment of the project is about 1.5 billion yuan, covering about 500 acres, all built and put into operation, the annual sales of about 15 billion yuan, annual tax of 500 million yuan.