Jiuzi Holdings, Inc. (JZXN) Stock

Jiuzi Holdings, Inc. operates through its variable interest entity, Zhejiang Jiuzi New Energy Vehicles Co., Ltd., focusing on franchising and managing Jiuzi retail outlets. These stores specialize in offering new energy vehicles, including plug-in electric vehicles, alongside related components and parts.

As of March 15, 2022, Jiuzi Holdings managed a network comprising 37 franchise stores and one company-owned store across the People's Republic of China. The company's business model centers on promoting and facilitating the adoption of environmentally friendly transportation solutions within the Chinese market.

Founded in 2017 and headquartered in Hangzhou, China, Jiuzi Holdings continues to expand its footprint in the new energy vehicle sector, capitalizing on growing consumer interest in sustainable mobility options. The company aims to further enhance its market presence by providing comprehensive sales and service offerings through its network of retail stores.