(Total Views: 442)
Posted On: 05/25/2018 10:38:32 PM
Post# of 4081
I'm just gonna say right now it doesn't look like you actually read the financials.
Here's just 1 example of where it states holding company:
https://imgur.com/a/YJ0w7vu
And here's the one that should have really clued you in:
https://imgur.com/a/epf6NJt
Jinbo's other plates are alive and well. We don't have them yet, nor do we know for sure they're coming in. As I have said before though, I don't know how Wang thinks he's going "Beyond Ma Yun" without the rest of Jinbo, he's certainly not doing it this year with only ZJMY reflected.
They did NOT sell Shenzen Jinbo Investment Holding Group. That is an entirely misleading statement. 2 things happened. Wang became chairman of a subsidiary of Chinese Strategic. Wang then transferred SJIHG equity into that company. Ipso facto, Wang is now again chairman of SJIHG, even though Lin Tianting is still listed as the 95% shareholder.
If you don't realize the brilliance of that move, let me break it down barney style for you: SJIHG just back doored their way onto the Hong Kong exchange. Have you ever looked at any company that is on there? It is VERY transparent.
Here's just 1 example of where it states holding company:
https://imgur.com/a/YJ0w7vu
And here's the one that should have really clued you in:
https://imgur.com/a/epf6NJt
Jinbo's other plates are alive and well. We don't have them yet, nor do we know for sure they're coming in. As I have said before though, I don't know how Wang thinks he's going "Beyond Ma Yun" without the rest of Jinbo, he's certainly not doing it this year with only ZJMY reflected.
They did NOT sell Shenzen Jinbo Investment Holding Group. That is an entirely misleading statement. 2 things happened. Wang became chairman of a subsidiary of Chinese Strategic. Wang then transferred SJIHG equity into that company. Ipso facto, Wang is now again chairman of SJIHG, even though Lin Tianting is still listed as the 95% shareholder.
If you don't realize the brilliance of that move, let me break it down barney style for you: SJIHG just back doored their way onto the Hong Kong exchange. Have you ever looked at any company that is on there? It is VERY transparent.
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