Core Viewpoint - Jiuzi Holdings, Inc. has signed a cooperation agreement with Xinhui Solar Technology Group Co., Ltd., securing a USD 30 million investment to enhance EV charging infrastructure and new energy vehicle service networks in Southeast Asia [1][2]. Group 1: Partnership Details - The agreement includes equity investment and co-development initiatives from Xinhui Solar Technology Group, aimed at accelerating the rollout of charging networks and integrated charging stations in key Southeast Asian countries [2]. - The partnership will adopt a phased investment and construction approach to establish a comprehensive charging and service network across major cities and transportation corridors [2]. Group 2: Strategic Advantages - This cooperation provides not only financial support but also leverages Xinhui's local resources and operational experience, enabling Jiuzi to enhance its brand influence and competitiveness in the Southeast Asian new energy mobility sector [3]. - Xinhui Solar Technology Group is optimistic about the growth potential in electric vehicle adoption and recognizes Jiuzi's capabilities in charging technology and network operations [4]. Group 3: Market Outlook - Industry observers note that the cooperation is expected to help both companies capture first-mover advantages in the region, driven by global decarbonization goals and supportive new energy policies [5]. - The collaboration is anticipated to create a sustainable business growth engine and support long-term value creation for both parties [5].