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HANGZHOU, China, October 8, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN; the “Company”) today announced implementation details of its previously disclosed $1 billion capital plan. The Company intends to raise funds through market investors and execute the plan through an ongoing purchase program, capped at $1 billion.
Following the initial announcement, the Company further clarified that the capital structure will take a diversified form. Jiuzi has had extensive conversations with institutional investors, long-term value investors and strategic partners, and has received positive investment intentions. Funding sources are expected to include market financing, additional commitments from existing shareholders, income generated from operations and participation from institutional investors. This diversified mix not only reflects the capital market’s strong recognition of the Company’s fundamentals and strategy, but also provides strong assurance for the smooth execution of the plan.
Tao Li, CEO of Jiuzi Holdings, commented: “We are encouraged by the strong support this plan has received from investors from diverse backgrounds. It represents not only recognition of our achievements but also confidence in our ability to deliver future value. A solid base of long-term strategic capital will allow us to pursue our objectives with greater confidence.”
The capital plan is designed to expand global market share, optimize capital structure and enhance long-term shareholder value. By introducing diversified capital and following a disciplined execution process, JZXN aims to consolidate its leadership position and capture new growth opportunities. Initial purchases under the plan are expected to begin within two weeks.
The Company reaffirmed that all transactions will be carried out in a transparent manner and in full compliance with applicable laws, regulations and market rules. Updates will be disclosed in a timely manner to ensure that all investors have equal access to information.
This announcement marks an important milestone for JZXN as it embarks on the next phase of growth and positions itself for long-term success.
About Jiuzi Holdings, Inc.
Jiuzi Holdings, Inc. is a leading provider of smart charging infrastructure for new energy vehicles (NEVs) in lower-tier cities in China. The company specializes in high-power DC fast charging stations integrated with energy storage systems and plans continued expansion through 2026 to support China’s carbon neutrality and sustainable transportation goals. For more information, visit jzxn.com.
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