Jiuzi Holdings, Inc. operates in the retail sector, distributing new energy vehicles, plug-in electric vehicles, and their associated parts and components. The company conducts this business through its network of Jiuzi-branded retail stores, which are both franchised and directly managed via its variable interest entity, Zhejiang Jiuzi New Energy Vehicles Co., Ltd. As of March 15, 2022, Jiuzi Holdings had established a presence with 37 franchised outlets and one company-owned store, all located within the People's Republic of China. The firm was established in 2017 and maintains its corporate headquarters in Hangzhou, China.
Jiuzi Holdings, Inc. (Nasdaq: JZXN) Intends to Sign Cooperation Agreement with AI Intelligent Imaging and Data Platform Company; Initial Cooperation Expected to Generate Approximately US$1.0 million in Profit
Jiuzi Holdings announced it intends to sign a cooperation agreement with an AI intelligent imaging and data platform company to support its commercialization strategy.
Subject to execution, the initial project is expected to generate approximately US$1.0 million in profit, focusing on product validation and scenario-based pilot deployment.
The collaboration aims to advance Jiuzi’s AI platform capabilities in areas such as automated content tagging, multimodal data fusion and cloud-based system deployment.