Jiuzi Holdings, Inc. Further Deepens Cooperation with Xinhui Solar, with Xinhui Solar Planning an Additional US$30 Million Investment to Support Southeast Asia Expansion

Jiuzi Holdings (Nasdaq: JZXN) said it deepened cooperation with Xinhui Solar, with Xinhui planning an additional US$30 million private placement to support Southeast Asia expansion.

Rhea-AI Summary

Jiuzi Holdings (Nasdaq: JZXN) said it deepened cooperation with Xinhui Solar, with Xinhui planning an additional US$30 million private placement to support Southeast Asia expansion.

The companies agreed an MOU to guide a proposed Southeast Asia joint venture focused on EV charging, vehicle services, and energy management; structure and timing remain subject to approvals and conditions.

Positive

• Planned US$30 million private placement to fund Southeast Asia expansion
• MOU reached to guide a proposed Southeast Asia joint venture platform
• Strategic focus on scalable EV charging and energy management across Southeast Asia

Negative

• Additional investment is subject to conditions and internal approvals
• Joint venture structure and implementation details remain undetermined

Argus Feb 3 session

+3.33% close to close Open Argus

Details

News Market Reaction – JZXN

On Feb 3, the day this news came out, JZXN closed 3.33% above the previous close.

Data tracked by StockTitan Argus for the Feb 3 session.

Market Context

This announcement deepens Jiuzi’s cooperation with Xinhui Solar via an additional US$30 million priv...

Analysis

This announcement deepens Jiuzi’s cooperation with Xinhui Solar via an additional US$30 million private placement and a Southeast Asia joint‑venture framework targeting EV charging and energy services. In context of prior investments, crypto initiatives, and a $500,000,000 shelf, the key questions are execution quality, regulatory and regional risks, and how much equity issuance might be needed. Watching future deal closings and concrete project milestones will be important.

Key Figures

Planned new investment: US$30 million Prior Xinhui investment: US$30 million Web3 investment MOU: Up to US$90 million at US$3.00 per share +5 more

Planned new investment

US$30 million

Additional private placement from Xinhui Solar announced in this release

Prior Xinhui investment

US$30 million

Investment announced on Jan 30, 2026 for Southeast Asia EV expansion

Web3 investment MOU

Up to US$90 million at US$3.00 per share

Non-binding MOU with Morgan International Finance on Jan 27, 2026

Registered direct offering

US$4.0 million

Gross proceeds from Dec 12, 2025 equity offering

Shares offered

1,600,000 Class A ordinary shares

Dec 12, 2025 registered direct offering size

Shelf registration size

$500,000,000

Form F-3 shelf filed on Dec 12, 2025

Annual revenue

$1.4 million

Revenue for year ended October 31, 2024

Six-month revenue

$0.98 million

Revenue for six months ended April 30, 2025

Historical Context

5 past events · Latest: Jan 30

5 events

1. Jan 30

   Strategic investment

   24h Move

   -10.4%

   Announced US$30M Xinhui Solar investment for Southeast Asia EV and energy buildout.

2. Jan 27

   Financing MOU

   24h Move

   -0.6%

   Non-binding MOU for up to US$90M at US$3.00 per share for Web3 initiatives.

3. Dec 22

   Crypto partnership

   24h Move

   +1.6%

   Cooperation to develop crypto custody business framed at up to US$3B scale.

4. Dec 16

   Token acquisition plan

   24h Move

   +4.2%

   Talks to acquire about US$1B in tokens at 30% discount via equity.

5. Dec 12

   Equity offering

   24h Move

   -52.0%

   US$4.0M registered direct offering at US$2.50 causing substantial dilution.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

private placement, joint venture, memorandum of understanding (MOU)

3 terms

private placement financial

"Xinhui Solar plans to make an additional US$30 million private placement investment"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

joint venture financial

"overall framework for a proposed Southeast Asia joint venture and have entered into a memorandum"

A joint venture is when two or more companies team up to work on a specific project or business idea, sharing both the risks and the rewards. It’s like friends starting a lemonade stand together—each contributes resources and they split the profits, making it easier to succeed than going alone.

memorandum of understanding (MOU) regulatory

"have entered into a memorandum of understanding (MOU) to provide guidance for future collaboration"

A memorandum of understanding (MOU) is a written outline where two or more parties describe their shared intentions, key terms and roles for a proposed deal without forming a full binding contract. For investors it acts like a concrete handshake: it signals the seriousness and likely direction of partnerships, mergers or supply arrangements, helping assess the probability, timing and potential impact of future agreements on a company’s value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HANGZHOU, China, Feb. 3, 2026 /PRNewswire/ -- Jiuzi Holdings, Inc. (Nasdaq: JZXN) (the "Company") today announced that its strategic cooperation with Xinhui Solar Technology Group Co., Ltd. has further deepened. Building on prior collaboration, the two parties have continued to align on long-term cooperation priorities and regional deployment strategies in Southeast Asia's new energy infrastructure and new energy vehicle service markets. Xinhui Solar plans to make an additional US$30 million private placement investment in the Company to support the acceleration of related business initiatives.

The Company stated that both parties intend to leverage their respective strengths in new energy industry resources, technological capabilities, capital support, and regional market development to jointly advance EV charging infrastructure, new energy vehicle service platforms, and related energy management solutions across Southeast Asia. The cooperation is expected to be implemented on a phased and project-based basis, with a focus on scalability and replicability across the region.

As part of the deepening cooperation, the parties have reached a common understanding regarding the overall framework for a proposed Southeast Asia joint venture and have entered into a memorandum of understanding (MOU) to provide guidance for future collaboration. The proposed joint venture is envisioned as an important platform for regional operations, while its structure and implementation details remain subject to further discussion and arrangement.

The Company noted that the proposed additional US$30 million investment by Xinhui Solar, subject to the satisfaction of relevant conditions and internal approval procedures, is expected to provide sustained financial support for its Southeast Asia strategy. Jiuzi Holdings will continue to advance its overseas business expansion in a prudent and compliant manner, deepen industrial collaboration, and steadily implement its international growth strategy.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.

View original content:https://www.prnewswire.com/news-releases/jiuzi-holdings-inc-further-deepens-cooperation-with-xinhui-solar-with-xinhui-solar-planning-an-additional-us30-million-investment-to-support-southeast-asia-expansion-302677409.html

SOURCE Jiuzi Holdings, Inc

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Xinhui Solar planning to invest in Jiuzi Holdings (JZXN)?

According to the company, Xinhui Solar plans an additional US$30 million private placement in Jiuzi Holdings. This funding is intended to support acceleration of Southeast Asia business initiatives for EV charging and energy services.

What will the proposed JZXN–Xinhui joint venture in Southeast Asia focus on?

The proposed joint venture targets EV charging infrastructure, new energy vehicle service platforms, and energy management solutions. According to the company, it aims for phased, scalable, and regionally replicable operations across Southeast Asia.

Is the US$30 million investment from Xinhui Solar finalized for JZXN?

No, the investment is not finalized; it is subject to relevant conditions and internal approval procedures. According to the company, the additional US$30 million is planned but contingent on satisfying those conditions.

How will the US$30 million investment affect JZXN's Southeast Asia strategy?

The planned funding is expected to provide sustained financial support for accelerating regional initiatives. According to the company, it should help advance EV charging, vehicle services, and energy management rollout in Southeast Asia.

Does the MOU between Jiuzi Holdings and Xinhui Solar create a binding joint venture?

No, the memorandum of understanding provides guidance but is non-binding on final terms. According to the company, the JV framework is agreed in principle while structure and implementation require further discussion.

What are the main uncertainties investors should note about the JZXN–Xinhui deal?

Key uncertainties include approval conditions for the US$30 million placement and unresolved JV structure and timing. According to the company, both the investment and implementation depend on further approvals and arrangements.