JZXN Announces Talks with an AI Trading Firm for Cooperation; Plans to Acquire Approximately $1 Billion in Tokens at a 30% Discount, Which Would Generate Considerable Book Gains Upon Completion, With the Tokens Scheduled to Be Listed on Binance Soon

Core Viewpoint - Jiuzi Holdings, Inc. is engaging in strategic cooperation discussions with a Web3 technology company to develop an AI-powered cryptocurrency trading platform, aiming to enhance market-oriented applications [1][3]. Group 1: Strategic Cooperation - The partnership focuses on integrating resources and expertise in AI technology, cryptocurrency trading, and the Web3 sector [3]. - The goal is to advance the productization and commercialization of AI-driven market trend analysis, risk identification, and intelligent trading engines [3]. Group 2: Financial Aspects - Jiuzi intends to acquire tokens from the Counterparty at a significant discount through a private placement of its common stock, valued at approximately US$1 billion [2]. - The company anticipates generating considerable unrealized gains upon successful completion of the transaction [2]. Group 3: Market Potential - The Counterparty's tokens are expected to apply for listing on Binance, which could enhance market discovery and liquidity [2]. - Successful implementation of this cooperation could create new business opportunities and deliver medium-to-long-term value for the company [3]. Group 4: Ongoing Negotiations - The discussions are still subject to ongoing negotiations, with uncertainties regarding the signing of a legally binding agreement and the execution of the proposed arrangements [4]. - The company will comply with all applicable laws and regulations while fulfilling its information disclosure obligations [4].