JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

JBZY is not such a mystery with a bit of DD.

Most of this is probably a review for those that have been around for awhile.

From last April Press Release

Dolat Ventures acquired by China Based Battery Manufacturer Press Release | 04/07/2017
Incorporation authorizing the preferred stock, the Company also acquired all of the issued and outstanding shares of Ji Ming Yang Amperex Technology Limited (Ji Ming Yang), a Chinese corporation in exchange for one hundred thousand Class D Preferred Stock convertible into 100,000,000 shares of the Company's common stock. Subject to FINRA approval the Company will reflect the new business combination by changing its name to JB&ZJMY Holding Company, Inc. and seeking a new symbol.

Who is this "Battery Manufacturer"?
Fast forward to October 2017 and we get the JBZY ticker change PR specifically saying the acquired company's website is zjmy888.com. There is no misdirection there. A simple fact.



From that website, we get the company name, Zhong Ji Ming Yang New Energy Technology Co., Ltd. (ZJMY)(better translation, not Amperex):



Also we note that the Chinese company, ZJMY was established in March 2015 as clearly stated in the October Ticker Change PR. We also see the "Z" Logo on the zjmy888.com website that matches the Z logo that is on the cover page of JBZY's Quarterly Reports.



When you search ZJMY on Chinese sites(plugging in the Chinese characters for Zhongji Ming Yang), Qichacha shows the Z logo and Wang Dequn for ZJMY. Sometimes the Google Translator calls ZJMY "In the Ming Yang" or "Zhongyu Ming Yang" ect., but all are the same Chinese characters.



Note the Company address on the 3rd Quarterly. It matches the address for Zhong Ji Ming Yang New Energy Technology Co. on zjmy888.com



Fast forward to today. Look at WY SOS page and 2018 Annual Report. Note that the address is the same as listed for ZJMY on zjmy888.com.
https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=217161243108068011203050228075228024036162237117



Also note from the JB&ZJMY Holding Co. 3rd Quarterly Report that it says "The Company" acquired "JB&ZJMY Co. Ltd. I'm convinced this is referring to Zhong Ji Ming Yang New Energy Technology Co. since the 50 million and March 15 establishment date match. I think the company added "JB" to clue us in that "Jinbo" Group is involved.



Now go back to WY SOS Articles of Merger from 11/3/2017 for JB&ZJMY Holding Co. We see the Articles of Merger officially brought in ZJMY (the Chinese corporation).



Upon the filing of those Articles on 11/3/2018, the assets and liabilities of ZJMY officially came into JB&ZJMY Holding Co. That was during the fourth Quarter of 2017.



Despite the fact that the assets of ZJMY came into ZJMY during the 4th Quarter, the Total Assets of JB&ZJMY Holding Co. increased by millions during the first 3 Quarters of 2017 to over $4.1 million ($4,151,634).

Interestingly, ZJMY's newer website came out on 11/3/2017 at the same time ZJMY's Articles of Merger were filed on WY SOS.

http://website.informer.com/zjmyqc.com

http://zjmyqc.com/


There have been recent job postings for ZJMY in February. There have been 100 job postings since last year, many for multiple people per position.



We know from Chinese business checking sites that ZJMY owns 37.7% of Guangxi Long Star.

http://www.qichacha.com/firm_b096cf4dc3d14bc4c1b5d2469d4332bc.html



Guangxi Long Star's job postings have been equally impressive as ZJMY's. Guanxi Long Star is hiring 60 production workers, tens of people in sales and others in anticipation of the 150K Production Facility that will be done in June. Many of the hirings are from Chinese gov sites.


http://www.mkem.gov.cn/ww/z/z/wwzz_zpzt_detail.html?acb200=8a8a8a975ad12975015aff039ca00378



http://www.ggrs.gov.cn/Item/2780.aspx



http://www.ggrc.cn/company_view.asp?hid=63862




Now we wait for the annual report due around the end of March. I expect some decent revenues and assets coming in during the 4th Quarter. Guangxi Long Star has sold thousands of EVs as found in article from Dec 16, 2017. If JBZY's annual report shows 37.7% of Guangxi Long Star's sales, revenues should be in the millions and may even top $10 million.




A lot is happening with Jinbo Group and Wang Dequn. Wang has his hand in over 100 Chinese businesses. He doesn't need to fleece US investors for a few million dollars.

I believe JBZY will reach the threshold to become SEC reporting when Annual Report comes out, since I expect over $10 million in total assets and we know there are over 750 shareholders.

DEFINITION of 'SEC Form 10'
SEC Form 10 is a filing with the Securities and Exchange Commission (SEC), also known as the General Form for Registration of Securities. It is used to register a class of securities for potential trading on U.S. exchanges. Any company with over $10 million in total assets and 750 or more shareholders is required to file a Form 10 with the SEC. Any company under these thresholds may file a Form 10 voluntarily. The Form 10 registration statement automatically becomes effective sixty days post filing.

JBZY will see new highs after Annual Report IMO. Good luck to all here.



Guangxi Long Star first factory building.


Guangxi Long Star new factory under construction:


District Leader Zhang Jinglian visits Guangxi Long Star new factory.