Jiuzi Holdings Business Summary

Jiuzi Holdings, Inc. (JZXN) is a China-based holding company that traditionally operates as a franchisor and retailer of new energy vehicles (NEVs) through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co., Ltd. The company generates revenue through two primary segments: NEV Sales, which includes the retail of proprietary and third-party battery-operated electric vehicles and components, and Franchise Services, which provides consulting and marketing support to its network of retail stores. As of early 2026, Jiuzi has aggressively pivoted its business model toward a Digital Asset Treasury (DAT) strategy, focusing on blockchain infrastructure, Web3 expansion, and cryptocurrency custody services. This transition is supported by significant capital injections, including a $60 million crypto-asset investment finalized in February 2026. Within the competitive landscape, Jiuzi contends with specialized retail and infrastructure players such as NaaS Technology (NAAS), Kaixin Holdings (KXIN), Uxin (UXIN), and Autozi Internet Technology (AZI), positioning itself as a micro-cap entity attempting to leverage digital asset finance to offset declining traditional retail margins. The company was founded in 2017 by Shuibo Zhang, who served as CEO and Chairman until his resignation in August 2025 to facilitate a strategic leadership shift. The current executive team is led by CEO and Chairman Tao Li, who assumed the chairmanship in 2025 following a tenure as Director and a professional background in regional management at China Gas. A critical addition to the leadership is Chief Operating Officer Doug Buerger, appointed in September 2025, who brings over three decades of expertise in blockchain architecture, AI, and decentralized finance to spearhead the company’s DAT initiatives. The financial department is managed by CFO Huijie Gao. Notable institutional support for the company’s new direction includes a $90 million investment commitment from Morgan International Finance and a $30 million partnership with Xinhui Solar Technology Group to expand EV charging infrastructure in Southeast Asia, alongside a board of directors that includes industry veterans such as Dr. Xinping Li and Wenqian Gao.