Jes International ceased operations
Beijing - The group is currently maintaining a light staff comprising of key executive officers, as well as key administrative and finance personnel.
Beijing - Jes Iinternational has ceased operations and production of its existing business. The Group is currently maintaining a skeletal staff (comprising of key executive officers, as well as key administrative and finance personnel and security) to run the Group as part of its cost controlling process .
Subsequent to the Company’s announcement on 2 July 2015, the Group has taken steps to replace the missing Group Paraphernalia, and has successfully obtained the administrative records and common seals of two of its subsidiaries , JEHI and Jiangsu New Eastern Marine Engineering Equipment . The Group is still in the process of replacing the rest of the missing Group Paraphernalia of Jiangsu Nereus Shipyard , JYJJP East ern Shipyard Supplies and Jingjiang E astern Heavy Steel Structure . The Group has also lodged a police report with the local authorities in the PRC against the JX Associates for recovery of the missing financial records of the Group’s subsidiaries .