Jiuzi Holdings(JZXN)

Search documents
九紫新能上涨13.62%,报0.98美元/股,总市值5395.58万美元
Jin Rong Jie· 2025-08-14 20:15
8月15日,九紫新能(JZXN)盘中上涨13.62%,截至03:57,报0.98美元/股,成交17.82万美元,总市值 5395.58万美元。 财务数据显示,截至2025年04月30日,九紫新能收入总额97.86万美元,同比减少57.1%;归母净利 润-67.57万美元,同比增长95.72%。 作者:行情君 本文源自:金融界 资料显示,九紫新能控股公司是一家在开曼群岛注册成立的控股母公司,该公司主要通过其附属境内实 体子公司浙江九紫新能源汽车有限公司在中国开展业务。 该实体子公司浙江九紫新能源汽车有限公司 成立于 2017 年,总部坐落于杭州萧山科技城,2021年在美国纳斯达克主板上市,是一家专注新能源汽车销 售、服务、研发于一体的集团化企业。致力于打造线上、线下一体化多品牌授权的新能源汽车智能交易 平台。以"互联网+"多元化的生态服务体系,为消费者提供多品牌、一站式、智能化的购车体验场景。 以"共筑新蓝天"为企业宗旨,积极响应国家能源、低碳、创新的战略布局,推动绿色、便捷、安全、智能 的新能源汽车走进千家万户。 ...
九紫新能上涨2.03%,报0.88美元/股,总市值4845.01万美元
Jin Rong Jie· 2025-08-14 20:15
8月15日,九紫新能(JZXN)盘中上涨2.03%,截至03:56,报0.88美元/股,成交12.73万美元,总市值 4845.01万美元。 财务数据显示,截至2025年04月30日,九紫新能收入总额97.86万美元,同比减少57.1%;归母净利 润-67.57万美元,同比增长95.72%。 资料显示,九紫新能控股公司是一家在开曼群岛注册成立的控股母公司,该公司主要通过其附属境内实 体子公司浙江九紫新能源汽车有限公司在中国开展业务。 该实体子公司浙江九紫新能源汽车有限公司 成立于 2017 年,总部坐落于杭州萧山科技城,2021年在美国纳斯达克主板上市,是一家专注新能源汽车销 售、服务、研发于一体的集团化企业。致力于打造线上、线下一体化多品牌授权的新能源汽车智能交易 平台。以"互联网+"多元化的生态服务体系,为消费者提供多品牌、一站式、智能化的购车体验场景。 以"共筑新蓝天"为企业宗旨,积极响应国家能源、低碳、创新的战略布局,推动绿色、便捷、安全、智能 的新能源汽车走进千家万户。 本文源自:金融界 作者:行情君 ...
九紫新能上涨2.12%,报0.96美元/股,总市值5284.92万美元
Jin Rong Jie· 2025-08-08 14:09
8月8日,九紫新能(JZXN)盘中上涨2.12%,截至21:35,报0.96美元/股,成交13.98万美元,总市值 5284.92万美元。 财务数据显示,截至2025年04月30日,九紫新能收入总额97.86万美元,同比减少57.1%;归母净利 润-67.57万美元,同比增长95.72%。 本文源自:金融界 作者:行情君 资料显示,九紫新能控股公司是一家在开曼群岛注册成立的控股母公司,该公司主要通过其附属境内实 体子公司浙江九紫新能源汽车有限公司在中国开展业务。 该实体子公司浙江九紫新能源汽车有限公司 成立于 2017 年,总部坐落于杭州萧山科技城,2021年在美国纳斯达克主板上市,是一家专注新能源汽车销 售、服务、研发于一体的集团化企业。致力于打造线上、线下一体化多品牌授权的新能源汽车智能交易 平台。以"互联网+"多元化的生态服务体系,为消费者提供多品牌、一站式、智能化的购车体验场景。 以"共筑新蓝天"为企业宗旨,积极响应国家能源、低碳、创新的战略布局,推动绿色、便捷、安全、智能 的新能源汽车走进千家万户。 ...
JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins
Prnewswire· 2025-06-11 13:00
Core Viewpoint - JZXN Holdings, Inc. is initiating a strategic investment in Bitcoin through the issuance of convertible notes, marking its entry into digital assets and demonstrating confidence in Bitcoin's long-term value [1][4]. Group 1: Investment Strategy - The board of directors has approved the issuance of convertible notes specifically for Bitcoin strategic reserves, with an initial purchase of 23.5 Bitcoins as part of the "Thousand Coins Plan" [1]. - The company plans to execute Bitcoin asset allocation progressively, with the initial acquisition being a core component of its strategy to acquire a total of one thousand Bitcoins [2]. - JZXN aims to optimize its asset portfolio and enhance risk resilience by incorporating Bitcoin, which is viewed as a flagship blockchain technology [2]. Group 2: Compliance and Market Dynamics - The convertible note offering is a strategic decision aligned with current market dynamics and corporate objectives, with strict compliance to relevant laws and regulations [3]. - The company acknowledges Bitcoin's substantial investment potential while committing to maintaining prudent investment discipline to safeguard capital [3]. Group 3: Leadership Perspective - The CEO of JZXN emphasized the understanding of Bitcoin's volatility and uncertainty, stating that the decision to invest is based on a long-term confidence in blockchain technology [4]. - This initiative is part of JZXN's broader strategy to diversify its asset structure and enhance profitability while exploring blockchain applications in other fields [4]. - JZXN positions Bitcoin as a foundational element of the digital asset ecosystem and a potential global strategic reserve asset, reaffirming its commitment to generating sustainable long-term value for shareholders [4].
JZXN Announces Major Strategic Move: Acquisition of 1,000 Bitcoins Over the Next Year
Prnewswire· 2025-05-22 13:25
HANGZHOU, China, May 22, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company") announces that its Board of Directors has formally approved a major strategic decision: the Company plans to complete a dual-track, parallel acquisition of 1,000 Bitcoins over the next year through a combination of additional stock issuance and cash purchases. Bitcoin acquisitions in the next year through a dual-track, parallel process of additional stock issuance and cash purchases. This move marks JZXN's in-de ...
JZXN Announces Major Strategic Move: Acquisition of 1,000 Bitcoins Over the Next Year
Prnewswire· 2025-05-22 13:25
"We are well aware of the volatility and uncertainty of the Bitcoin market, but it is based on a deep understanding of blockchain technology and a long-term bullish belief that we decided to take this step," said JZXN's CEO. "Through this acquisition, we will further enrich our company's asset structure and enhance our risk resistance and profitability. At the same time, we will also continue to focus on and explore the application of blockchain technology in other fields with a view to creating more value ...
Jiuzi Holdings(JZXN) - 2024 Q4 - Annual Report
2025-03-03 14:28
Regulatory Risks - The company is subject to risks related to its holding company structure, including potential sanctions from PRC regulatory agencies, which could materially affect financial performance and share value [23]. - Recent regulatory changes in China may impact the company's ability to accept foreign investments and continue its U.S. listing [24]. - The company is closely monitoring regulatory developments in China regarding necessary approvals from the CSRC and other governmental authorities [41]. - Recent regulatory actions by the PRC government emphasize the need for stricter administration over illegal securities activities and increased supervision over overseas listings by Chinese companies [43]. - The Draft Overseas Listing Regulations require PRC domestic enterprises seeking to issue and list shares overseas to complete filing procedures with the CSRC [44]. - The approval from the China Securities Regulatory Commission (CSRC) may be required for future offerings, and the company cannot predict if such approval will be obtained [100][101]. - The company is not required to apply for a cybersecurity review under the Measures for Cybersecurity Review (2021) as it does not control more than one million users' personal information [180]. - The evolving regulatory landscape regarding data privacy and cybersecurity may impose additional compliance requirements on the company [176]. - The company believes it is not subject to the cybersecurity review by the CAC, but uncertainties remain regarding future regulatory interpretations [193]. - The SEC and PCAOB have proposed stricter criteria for emerging market companies, adding uncertainties to the company's offerings [203]. - The PCAOB's inability to inspect auditors in China could lead to a loss of investor confidence in the company's financial statements [215]. - The PCAOB announced it secured complete access to inspect public accounting firms in mainland China and Hong Kong in 2022, but future inspections remain uncertain [214]. Financial Performance and Dividend Policy - The company has not distributed any earnings or dividends to shareholders and does not plan to do so in the foreseeable future, intending to retain funds for business operations and expansion [31]. - The company has not made any distributions to its shareholders and does not anticipate declaring dividends in the near future [31]. - The company has not distributed any earnings or dividends among the holding company and subsidiaries, and does not plan to do so in the foreseeable future [39]. - Current PRC regulations permit the payment of dividends only out of accumulated profits, and subsidiaries must set aside at least 10% of net income as statutory surplus reserves until it reaches 50% of registered capital [37]. - The company may face limitations on its ability to pay dividends due to restrictions imposed by the PRC government on currency exchange and capital controls [98]. - The company is a holding company and relies on dividends from its subsidiaries to meet cash needs, which may be restricted by various regulations [96]. - The company relies on its PRC subsidiaries for funding dividend payments, which are subject to PRC laws and may be restricted [143]. - Dividends paid from PRC subsidiaries are considered "tax-exempt income" under the EIT Law, but future guidance may change this status [130]. Operational Risks - The company relies on its PRC subsidiary for potential future dividend payments, which may be affected by PRC government restrictions on cash transfers [31]. - The company may face operational risks if suppliers default on contracts, potentially leading to financial stress and cash flow issues [85]. - The company faces challenges in maintaining brand recognition, which is critical for attracting new franchisees and customers [78]. - The company is dependent on key personnel, and their loss could adversely affect business operations and strategy [76]. - A prolonged downturn in the global or Chinese economy could adversely impact the company's business and financial condition [84]. - The company is vulnerable to pandemics, which can influence consumer behavior and potentially lead to financial distress among vehicle buyers and franchisees, impacting revenues [201]. Market and Economic Conditions - The company relies on China's automotive industry for net revenues and future growth, which is subject to uncertainties including government regulations [59]. - If the market for electric vehicles does not develop as expected, the company's business and financial condition may be adversely affected [62]. - The electric vehicle market is highly dependent on consumer adoption, with significant fluctuations in demand due to factors like price competition and safety concerns [63]. - Government subsidies for NEVs are set to decrease by 20% in 2021 compared to 2020 levels, which may adversely affect the competitiveness of electric vehicles [70]. - Economic slowdowns in China may reduce demand for the company's products and services, adversely affecting financial results [127]. - Deterioration in economic conditions could lead to decreases in sales volume and negatively impact short-term revenue growth [199]. Compliance and Legal Risks - The company is exposed to liabilities under the Foreign Corrupt Practices Act and Chinese anti-corruption laws, which could negatively impact its operations [132]. - Uncertainties in the PRC legal system may limit legal protections and affect the company's ability to conduct business [135]. - The company may face increased compliance costs if China adopts stricter environmental protection standards [137]. - The PRC Labor Contract Law increases labor costs and imposes restrictions on workforce reductions, potentially affecting operational efficiency [166]. - Non-compliance with Circular 37 by some shareholders may lead to penalties and restrictions on foreign exchange activities [168]. - The company has not received any notifications or warnings from PRC authorities regarding compliance with social security and employee insurance regulations [195]. Currency and Financial Management - The company’s financial information is presented in U.S. dollars, with the functional currency being Renminbi (RMB), and exchange rates are subject to fluctuations [53]. - Fluctuations in the RMB against the U.S. dollar can adversely affect revenues and financial conditions, impacting the value of shares [163]. - Loans to PRC subsidiaries are subject to statutory limits and must be registered with SAFE, which may restrict financial support [116]. - The process for remitting offering proceeds to China may take up to six months, impacting the company's ability to fund operations [111]. - The company must comply with foreign exchange regulations, which may limit the ability to convert proceeds into Renminbi for investments [117].
Jiuzi Holdings and Shenzhen Maigesong Terminate Negotiations to Focus on Future Growth
GlobeNewswire News Room· 2024-11-22 21:05
Core Viewpoint - Jiuzi Holdings Inc. has amicably terminated acquisition negotiations with Shenzhen Maigesong Electric Technology Co., Ltd., but the process has provided valuable insights for future development in the renewable energy sector [1][2][3]. Group 1: Acquisition Negotiations - The company had intended to fully acquire Shenzhen Maigesong to enhance its lithium battery production line and market reach, but critical issues regarding cooperation models and strategic objectives led to the termination of discussions [2]. - The experience gained from the negotiations has strengthened the company's understanding of industry trends and improved its resource allocation strategies [3]. Group 2: Future Strategy - Jiuzi Holdings remains committed to advancing in the renewable energy sector, focusing on core competencies, driving innovation, and accelerating global expansion efforts [4]. - The company aims to seek strategic partnerships that align with its long-term vision to enhance its competitive edge and deliver greater value to stakeholders [5].
Jiuzi Holdings Inc. Announces 1-For-13 Reverse Share Split
GlobeNewswire News Room· 2024-06-28 20:05
Core Viewpoint - Jiuzi Holdings, Inc. will implement a 1-for-13 reverse share split of its ordinary shares to comply with Nasdaq's minimum bid price requirement of $1.00 per share, effective July 3, 2024 [1][2]. Group 1: Reverse Share Split Details - The reverse share split will adjust the par value of the ordinary shares from $0.00015 to $0.00195 per share [1]. - The number of issued and outstanding shares will decrease from approximately 135.3 million to about 10.4 million [2]. - No fractional shares will be issued; fractional interests will be rounded up to the nearest whole number [2]. Group 2: Company Background - Jiuzi Holdings, Inc. is a new energy vehicle dealership group based in Hangzhou, China, established in 2017 [4]. - The company operates retail stores under the "Jiuzi" brand, primarily selling battery-operated electric vehicles in third and fourth-tier cities in China [4]. - Jiuzi Holdings sources its vehicles from over twenty NEV manufacturers and operates 51 franchise stores along with one company-owned store [4].
Jiuzi Holdings Inc. Announces 1-For-13 Reverse Share Split
Newsfilter· 2024-06-28 20:05
Core Viewpoint - Jiuzi Holdings, Inc. will implement a reverse share split at a ratio of 1-for-13 to comply with Nasdaq's minimum bid price requirement of $1.00 per share, effective July 3, 2024 [1][2]. Group 1: Reverse Share Split Details - The reverse share split will adjust the par value of the Ordinary Shares from $0.00015 to $0.00195 per share [1]. - The number of issued and outstanding shares will decrease from approximately 135.3 million to about 10.4 million [2]. - No fractional shares will be issued; fractional interests will be rounded up to the nearest whole share [2]. Group 2: Company Overview - Jiuzi Holdings, Inc. is a leading NEV dealership group in China, established in 2017, operating retail stores under the brand name "Jiuzi" [4]. - The company focuses on selling battery-operated electric vehicles and sources NEVs from over twenty manufacturers [4]. - It operates 51 franchise stores and one company-owned store, primarily in third and fourth-tier cities in China [4].