JB and ZJMY Holding Co (JBZY)

[mr green239]

"Upon the filing of these Articles the assets and liabilities of JB&ZJMY Co., Ltd. will become assets and liabilities of JB&ZJMY Holding Company, Inc. and the separate corporate entity of JB&ZJMY Co., Ltd. and of its shares shall cease to exist."

Given the wording of JBZY's November 3rd Wyoming merger filing...
One could think that JB&ZJMY Holding Company would never appear in Chinese credit databases given the Chinese company merging - JB&ZJMY Co., Ltd. does not exist.

Every US company wholly or partially owning any Chinese company must/will be reported to the System for government monitoring, tax and credit purposes.

Every company with business operations in China must maintain reporting standards as per Credit Publicity standard rules and requirements.

Real-Time disclosure is part of Publicity Systems rules and requirements. Within Real-Time disclosure - companies must report changes in ownership/shareholder interest within 20 days of such information becoming available.
Given the 20 days and the date of the Wyoming filing... JB&ZJMY Holding Company would have appeared on the Credit Publicity System by the latest of November 23rd, 2017. - They are still no where to be seen...

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I invite you to look into other Chinese mergers. You will see that the US incorporated counterpart 'shells' will always be visible within the Credit Publicity System given that the merging party maintains its business operations and has assets located within mainland China.
-https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140168298

If you think the Chinese Government (or ANY Government!) would allow companies with business/production operations within the mainland to transfer assets to foreign companies and in turn disappear from Credit Agency records - you are mistaken. Taxes run Governments and in China Government likes to have as much control of it's companies as they can.