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Jiuzi Holdings (JZXN) appoints Hongye Zhang as new CEO and board chairman

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Jiuzi Holdings Inc. reported a leadership change. Effective April 27, 2026, Tao Li resigned as a director, chairman of the board and Chief Executive Officer. The company states his resignation was not due to any disagreement over its operations, policies or practices.

Effective May 4, 2026, Hongye Zhang was elected by the remaining directors as a new board member, chairman and Chief Executive Officer, filling the vacancy. Zhang brings experience in automotive electronics and intelligent cockpit projects in China and holds a Bachelor’s Degree in Electronic Information Application.

Positive

  • None.

Negative

  • None.

Insights

Jiuzi reports a CEO and chairman transition presented as orderly.

Jiuzi Holdings Inc. discloses the resignation of Tao Li as director, board chairman and CEO, explicitly stating it did not arise from disagreements over operations, policies or practices. This framing signals a routine leadership transition rather than a governance dispute based on the available information.

The board promptly elected Hongye Zhang on May 4, 2026 to the roles of director, chairman and CEO, closing the vacancy. His background in automotive electronics and intelligent cockpit integration aligns with the company’s electric vehicle-related positioning, but the document provides no performance targets tied to his appointment.

From an investor perspective, this is a notable leadership change but without quantified financial impact or disclosed strategic shifts in this excerpt. Future company communications and periodic reports would provide more clarity on how Zhang’s operational background influences strategy and execution.

Resignation effective date April 27, 2026 Tao Li resignation as director, chairman, and CEO
Appointment effective date May 4, 2026 Election of Hongye Zhang as director, chairman, and CEO
Beijing NEV role start January 2019 Start of Hongye Zhang’s Operations Director role
Wuhan Lingdian role period March 2014–November 2018 Technical Director at Wuhan Lingdian Technology Automotive Electronic Control
Beiqi Foton role period January 2010–December 2014 Technical Supervisor at Beiqi Foton Motor
Form type Form 6-K Report of foreign private issuer for May 2026
Form 6-K regulatory
"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
board of directors financial
"resigned as a director and the chairman of the board of directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Chief Executive Officer financial
"and the Chief Executive Officer of the Company"
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
Operations Director financial
"has been working as an Operations Director at Beijing NEV Intelligent Cockpit"
Technical Director financial
"He worked as a Technical Director at Wuhan Lingdian Technology Automotive"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2026

 

JIUZI HOLDINGS INC.

(Exact name of registrant as specified in its charter)

 

No.168 Qianjiang Nongchang Gengwen Road, 15th Floor

Economic and Technological Development Zone

Xiaoshan District, Hangzhou City

Zhejiang Province 310000

People’s Republic of China
(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F        Form 40-F

 

 

 

 

 

 

Change of Directors

 

Effective April 27, 2026, Mr. Tao Li (“Mr. Li”) resigned as a director and the chairman of the board of directors (the “Board”) of Jiuzi Holdings Inc. (the “Company” or the “Registrant”) and the Chief Executive Officer of the Company. The resignation of Mr. Li was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company.

 

Effective May 4, 2026, Mr. Hongye Zhang (“Mr. Zhang”) was elected as a director, the chairman of the Board and the Chief Executive Officer of the Company by the remaining members of the Board to fill the vacancy resulting from the resignation of Mr. Li.

 

Mr. Zhang has been working as an Operations Director at Beijing NEV Intelligent Cockpit Integration Project since January 2019. He worked as a Technical Director at Wuhan Lingdian Technology Automotive Electronic Control Co., Ltd. from March 2014 to November 2018. He worked as a Technical Supervisor at Beiqi Foton Motor Co., Ltd. from January 2010 to December 2014. Mr. Zhang has a Bachelor’s Degree in Electronic Information Application from the People’s Public Security University of China.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Jiuzi Holdings Inc.
     
Date: May 6, 2026 By: /s/ Hongye Zhang
    Hongye Zhang
    Chief Executive Officer

 

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FAQ

What leadership change did Jiuzi Holdings Inc. (JZXN) disclose in this Form 6-K?

Jiuzi Holdings Inc. reported that Tao Li resigned as director, chairman of the board, and Chief Executive Officer. The remaining directors then elected Hongye Zhang as director, new board chairman, and CEO, filling the vacancy created by Li’s resignation.

When did Tao Li resign from Jiuzi Holdings Inc. (JZXN)?

Tao Li’s resignation from Jiuzi Holdings Inc. as director, chairman of the board, and Chief Executive Officer became effective April 27, 2026. The filing states that his resignation was not due to any disagreement related to the company’s operations, policies, or practices.

Did Jiuzi Holdings Inc. (JZXN) report any disagreements tied to Tao Li’s resignation?

The company states that Tao Li’s resignation was not the result of any disagreement with Jiuzi Holdings Inc. on matters related to its operations, policies, or practices. This language is meant to signal an orderly transition rather than a governance conflict.

Who is the new CEO and chairman of Jiuzi Holdings Inc. (JZXN)?

Jiuzi Holdings Inc. appointed Hongye Zhang as director, chairman of the board, and Chief Executive Officer effective May 4, 2026. He was elected by the remaining board members to fill the vacancy created by Tao Li’s resignation from those positions.

What is the professional background of Jiuzi Holdings Inc.’s (JZXN) new CEO, Hongye Zhang?

Hongye Zhang has experience as Operations Director at Beijing NEV Intelligent Cockpit Integration Project since January 2019 and previously held technical leadership roles at Wuhan Lingdian Technology Automotive Electronic Control and Beiqi Foton Motor. He holds a Bachelor’s Degree in Electronic Information Application.

What type of SEC document did Jiuzi Holdings Inc. (JZXN) file for this leadership change?

Jiuzi Holdings Inc. filed a Form 6-K, which is a report of a foreign private issuer under the Securities Exchange Act. This form is used by non-U.S. companies to provide current information such as significant management or board changes.