CulperResearch Posts On X, "We Are Short Jin Medical International Ltd $ZJYL, a China Hustle-style Charade. Jin Sells Wheelchairs and Parts in China. In 2022, Its Revenues Fell 8% to Just $19M. Trades at ~45x Revenues. At Reasonable "Peer" Levels..."
CulperResearch Posts On X, "We Are Short Jin Medical International Ltd $ZJYL, a China Hustle-style Charade. Jin Sells Wheelchairs and Parts in China. In 2022, Its Revenues Fell 8% to Just $19M. Trades at ~45x Revenues. At Reasonable "Peer" Levels..."
1) We are short Jin Medical International Ltd $ZJYL, a China Hustle-style charade. Jin sells wheelchairs and parts in China. In 2022, its revenues fell 8% to just $19M. $ZJYL trades at ~45x revenues. At reasonable "peer" levels of 1-6x sales, $ZJYL shares fall 90% or more.
1) 我們做空金醫療國際有限公司$ZJYL，這是一箇中國騙子式的騙局。Jin 在中國銷售輪椅和零部件。2022年，其收入下降了8％，至僅1900萬美元。$ZJYL 的交易收入約爲 45 倍。在合理的 “同行” 水平上，即1-6倍的銷售額，ZJYL的股價下跌了90％或更多。
2) $ZJYL went public in March 2023, underwritten by China-focused chop shop, Prime Number Capital. Prime Number is headquartered in a Long Beach home and has already been sued by investors at least twice for alleged roles in other China frauds. Their track record is horrific.
2) $ZJYL 於 2023 年 3 月上市，由專注於中國的雜貨店 Prime Number Capital 承保。Prime Number總部位於長灘的一處住宅中，已經因涉嫌參與其他中國欺詐行爲而被投資者起訴至少兩次。他們的往績太可怕了。
3) In Sept 2023, $ZJYL faced a NASDAQ delisting notice as it fell under the 300 shareholder threshold required for continued listing. On October 24, $ZJYL CEO Erqi Wang filed a Form 144 to sell 545,893 shares. Then $ZJYL fired its auditor, MarcumAsia, and hired DNTW Toronto.
3) 2023年9月，$ZJYL因跌破繼續上市所需的300名股東門檻而面臨納斯達克退市通知。10月24日，$ZJYL首席執行官王爾奇提交了144號表格，要求出售545,893股股票。然後，$ZJYL解僱了其核數師MarcumAsia，並聘請了多倫多DNTW。
譯文內容由第三人軟體翻譯。
