I am glad that I waited for you to post this info..... you found the information and shared it with me, I just got all Excited and said I thought that ZJMY would be partnering with Wuliangye. We don't know that for sure, but I think it is very much fun to speculate - putting the dots together.
You do such an amazing job of formatting and putting things together in a format that is easy to understand and see the timelines.
JB&ZJMY's OEM for the V3 SUV, Chery Cowin, to be acquired by Wuliangye.
Stay with me for a bit, and you will see the connections to Jinbo Group and subsequently to JB&ZJMY.
Wuliangye is a premier wine maker in China that has bold investment plans.
In October there have been many reports of Chery Cowin (Kay Wing) being sold off to a large investor. Wuliangye and Chery Cowin now have a signed framework agreement according to recent news.
As most know, Chery Cowin (Kay Wing) is the OEM of the ZJMY V3 SUV with reported 500+ km range. The Cowin (Kay Wing) V3 is the one on zjmy888.com, JBZY's website.
Stock Farmer does it again! $JBZY$'S ZJMY connection to Wuliangye- thru Jinbo- suggests the possibility of cross collaterization or another arrangement in the acquisition of Chery. Massive development with many potential implications!
Obviously, ZJMY had a previous arrangement for production of it's high-speed EV through Chery. The wine purchase Jinbo made from Wuliangye occurred in August... not long after Jinbo engaged in the Guangxi Long Star partnership.
At some level, the ZJMY/Chery relationship might have been a precursor or lead-in to the wine purchase and intro by ZJMY or Chery to Wuliangye through that same connection.
All these deals, including the massive Guigang City project, even the huge $11.6B arrangement with Taiwan's Foxconn, could have been cultivated at Jinbo's ASEAN One Belt One Road Conference and bullet train promo in June.
NEVER SEEN SO MANY BIG TIME DEALS BY ONE COMPANY IN SUCH A SHORT TIME! BOOOOM
Stockfarmer-awesome detective work-Thank You! We are in a revolutionary industry - and our company is working with Chery Cowin. Staggering. DW is a visionary-leading and creating confidence. $JBZY
I'm not sure if anyone has posted this information prior. It appears that Shandong Jiuxingxing New Energy Vehicle Technology Co., LTD , is building another factory in Shenyang. This is in addition to the Guangxi expansion.
"At present, on the basis of the large-scale production in Shandong, the Company successively invested heavily in Guangxi and Shenyang to build two more powerful branches so as to form one body with two wings and radiate the development of the whole country."
And scroll down that page and you will see a group of men standing at the new factory in Shenyang. Look who is standing in the center! None other than our CEO, Wang Jinlai.
In addition, Long Star is opening a branch in Xi'an
To see why, you can check out the post I am responding to. But, I find the following article to be of interest since we are still showing the "V3" on the ZJMY website. This indeed was the premiere vehicle of ZJMY the "V3 SUV" and it was jointly put together by ZJMY and Cowin/Kay Wing Chery. As many of you know, we have ties to Wuliangye and now Wuliangye owns 51% OF Cowin/Kay Wing Chery. Could get interesting for development. http://www.sohu.com/a/214433238_260616