Thursday, November 30, 2017 9:47:57 AM
https://www.otcmarkets.com/financialReportViewer?symbol=JBZY&id=183577
"anticipates commercialization next year"!
The Company is based in China and holds a number of Chinese patents pertaining to long lasting
batteries for use in electric automobiles.
The Chinese electric vehicle market – according to Bloomberg –
became the world’s largest in 2015 with 507,000 cars sold, and is expected to reach 2 million vehicles by
2020. The Chinese government has provided subsidies to help car makers achieve large scale production
of electric vehicles, and has encouraged taxi fleets and government agencies to use electric automobiles.
The Company has developed a small, low-cost, fully automatic, multi-function rechargeable car
power plant recharge system. It is a new type of nickel-manganese multi-phase lithium-ion battery: a new
material system, a new process, the new battery structure, the energy density per kilogram to 180W, 50%
higher than the same specifications lithium iron phosphate battery.
JB has also developed a prototype SUV
electric vehicle (“EV”) that is able to go up to 600 km (373 miles) on a single charge and is called the
“Millet Ming Yang V3
Mr. Wang is the chairman of JB & ZJMY Co., Ltd. He has been a career entrepreneur who has
successfully led several small businesses based in China. Wang De Qun is a graduate of the University of
Zhejiang Hangzhou City with a Bachelors in Computer Engineering awarded in June of 1989.
Since 2004
to present, he has been Chairman of the Jinbo Investment Holding Group based in Guangdong Province
which owns patents in the field of battery technology. He is also the President and controlling shareholder
in JB & ZJMY Technology Group Holding, Inc., a Nevada Corporation, founded in and inactive since
2016. In addition to the above, he is the controlling shareholder, President and sole director of the Company,
JB&ZJMY Holding Company (formerly Dolat Ventures, Inc.), which now serves as the holding company
for Mr. DeQun’s development stage company that focuses on the business of electrical cars and their
support systems.
To date, the Company has produced prototypes, holds Chinese Patents, and anticipates
commercialization next year.
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