Context: How Dutch Caribbean Securities Exchange (DCSX) works, and what it makes issuers disclose · British Virgin Islands on the LatAm Power Map
A Chinese health-and-meteorite trading company, listed on a small Caribbean exchange and run from a British Virgin Islands shell, had its shares suspended in August 2025 — a reminder that a listing certificate and a functioning business are not the same thing.
| Full name | Jia Mei Young Sun Holdings Group Co., Ltd. |
| Ticker / Exchange | JMYS — Dutch Caribbean Securities Exchange (DCSX), Curaçao |
| Incorporation | British Virgin Islands |
| Sector | Healthcare e-commerce / Meteorite trading (China operations) |
| Employees | Not published (see note below) |
| Shares listed (at tradeable conversion) | 280,000,000 shares (pre-split); post 2-for-1 split: 560,000,000 shares |
| Listing price / initial market value | USD 0.135 per share → USD 37.8 million market capitalisation at Feb 2021 tradeable listing |
| Current trading status | Suspended — as of 22 August 2025, until further notice |
| Revenue / Net profit | Not published (see note below) |
| Net margin / ROE / P/E / Dividend yield | Not published (see note below) |
| Listing advisor | SinoTech B.V. |
| Website | Not disclosed in available sources |
What it is
Jia Mei Young Sun Holdings Group Co., Ltd. is a British Virgin Islands holding company whose ultimate operating subsidiary — Jia Mei Electronic Commerce Co., Ltd. (“JME”) — runs the actual business inside China. JME sells healthcare products and personal health-management services through both an e-commerce platform and physical experience stores, blending online and offline channels under the slogan “Internet + health.”
A second, less conventional arm of the business puts JME at the centre of the meteorite trade: the company claims to have built a chain running from raw-material sourcing across more than 20 countries through museum exhibitions to cutting, processing, and trading of meteorites. The combination of consumer healthcare and rock-from-space commerce is unusual, and the company has not published audited accounts that would let investors test how much revenue either line actually generates.
Who owns it
As of the February 2021 tradeable listing, the company’s Board of Directors collectively held 33.9% of the shares. The remaining approximately 66% therefore constituted the free float, though no single controlling shareholder has been named by the company in any publicly available document reviewed for this profile.
Not published: Individual shareholder identities, family or state control percentages, and beneficial ownership tables do not appear in the DCSX listing announcement, the 2018 Information Memorandum (which could not be parsed), or in any filing on the DCSX or the Centrale Bank van Curaçao en Sint Maarten (CBCS) website. The DCSX’s listing rules require disclosure of major shareholders at the time of listing, but post-listing beneficial-ownership reporting requirements at DCSX are less prescriptive than those of larger exchanges — this gap in the public record is itself a disclosure-quality finding.
Who runs it
Not published: The names of the chief executive, chief financial officer, and chair of the board do not appear in any DCSX corporate-action announcement, the tradeable-listing notice, or any other primary source located during research. SinoTech B.V.
is named as the mandated listing advisor, which is a Dutch firm that sponsors Chinese companies for DCSX admission, but no individual directors are named in the public record reviewed here.
The money, in plain words
Not published: No annual report, audited financial statements, or income figures have been filed in any publicly searchable location — not on the DCSX filings pages, not via the Centrale Bank van Curaçao en Sint Maarten (CBCS), and not on any company investor-relations site. Revenue, net profit, total assets, net margin, return on equity, and all derived ratios are therefore impossible to calculate or cite.
The DCSX’s listing framework for small foreign issuers does not impose the same continuous annual-reporting obligations as major stock exchanges; that regulatory gap explains — though does not excuse — the absence of financials.
At the moment shares began trading in February 2021, 280 million shares were priced at USD 0.135 each, implying a total market value of USD 37.8 million. In April 2021, the board approved a 2-for-1 share split, doubling the share count; no subsequent price or valuation data has been published in verifiable primary sources.
What it is doing now
As of 22 August 2025, trading in JMYS shares has been suspended by the DCSX until further notice. The most recent strategic announcement before the suspension was a December 2022 notice of an intended merger with a fellow DCSX-listed BVI company.
JMYS and Waters Years Holding Group Limited (ticker WSYS) announced their intention to merge, framing the combination around a project called “World Meteorite City.” Under the plan, Waters Years would be absorbed into JMYS, with all shares continuing to trade under the JMYS ticker. No completion announcement or regulatory approval has been located in available sources, and the subsequent suspension of trading suggests the process remains unresolved.
What to watch
- Lifting of the trading suspension. The DCSX suspended JMYS tradability on 22 August 2025 without specifying a reason or a reinstatement date. Any resumption notice will be the first live signal of the company’s status.
- Merger completion or collapse. The “World Meteorite City” merger with Waters Years was announced in December 2022 and remained conditional on regulatory filings and formalities. More than two and a half years on, no closing announcement has appeared — a timeline that raises questions about execution.
- First audited financials. Until the company publishes revenue, profit, and a balance sheet from an independent auditor, there is no way to assess whether the underlying Chinese business is growing, shrinking, or trading at all. That is the single most important missing fact for any investor.
- Beneficial ownership disclosure. Knowing who controls the majority of shares — and whether that person is also a director — is foundational governance information that the public record currently lacks entirely.
Sources
- DCSX — Tradeable Listing Approval for Jia Mei Young Sun Holding Group (Feb 2021): https://www.dcsx.cw/tradeable-listing-approval-for-jia-mei-young-sun-holding-group/
- DCSX — Corporate Action: Announcement by JMYS (Intended merger, Dec 2022): https://www.dcsx.io/corporate-action-announcement-by-jmys/
- DCSX — JMYS Suspended (22 August 2025): https://www.dcsx.io/jmys-suspended/
- DCSX — Information Memorandum JMYS (2018, PDF attempted but could not be parsed): https://www.dcsx.cw/wp-content/uploads/2018/09/10.-IM-JMYS-0607.pdf
- DCSX — JMYS Share Split Corporate Action (April 2021): https://www.dcsx.cw/corporate-action-jmys-share-split/
- Centrale Bank van Curaçao en Sint Maarten (CBCS) — no JMYS-specific filing located: https://www.centralbank.cw
- Market data: EODHD (no financials available for JMYS).
This is news, not investment advice.
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