Jiuzi Holdings Signs Cooperation Agreement With Xinhui Solar Technology Group, Securing $30M Investment From The Group

Jiuzi Holdings, Inc. (NASDAQ:JZXN) ("Jiuzi" or the "Company") today announced that it has officially signed a cooperation agreement with Xinhui Solar Technology Group Co., Ltd., securing a USD 30 million investment from the group. Building on this partnership, the two parties will pursue deep collaboration focused on the development of EV charging infrastructure and the deployment of new energy vehicle service networks across Southeast Asia, jointly advancing the upgrade and broader adoption of regional clean mobility infrastructure.

Under the terms of the agreement, Xinhui Solar Technology Group Co., Ltd. will support Jiuzi Holdings, Inc. through a combination of equity investment and co-development initiatives. The partnership will accelerate the rollout of charging networks, integrated charging stations, and supporting new energy vehicle service systems in key Southeast Asian countries. Over the coming years, the parties plan to adopt a phased investment and rolling construction approach to progressively establish a charging and service network covering major cities and key transportation corridors, enhancing regional service capacity and operational efficiency.