Jiuzi Holdings, Inc.

Jiuzi Holdings, Inc. is a China-based company primarily engaged in franchising and operating retail stores that sell New Energy Vehicles (NEVs) in third and fourth-tier cities across China. Incorporated in 2019 in the Cayman Islands, the company maintains its principal executive office in Hangzhou, People's Republic of China. Initially focused on the automotive retail sector, Jiuzi Holdings has recently undertaken a strategic transformation to expand its core business into digital asset finance and Bitcoin-focused financial services.

The company's traditional offerings include the sale of battery-operated electric vehicles and plug-in electric vehicles, along with new energy batteries, vehicle components, audio equipment, and accessories. Jiuzi also provides NEV retail and franchising services, vehicle rentals, technology services, and marketing planning. In its evolving business model, Jiuzi is developing charging infrastructure and a "Smart Energy Cloud Platform," alongside new ventures into digital asset custody, encrypted storage systems, and Bitcoin-centric finance, aiming for a global market presence in cryptocurrency depository and custody.

Recent notable developments include a significant strategic pivot towards digital asset finance, with announcements of plans to acquire 10,000 Bitcoin and securing an $80 million investment from a strategic investor specializing in crypto. The company has also signed Memoranda of Understanding for investments into Web3 initiatives and strategic cooperation for EV charging and energy management in Southeast Asia. Leadership includes Tao Li as CEO and Chairman, Huijie Gao as CFO, and Dr. Doug Buerger, appointed COO in September 2025, to lead the crypto asset investment policy. This strategic shift positions Jiuzi Holdings as a company diversifying from its NEV dealership roots into the burgeoning digital asset economy, despite facing financial challenges.