Jiuzi Holdings Inc. is a renewable energy trading company that focuses on the sale of new energy batteries and the production and sale of electric vehicles in Southeast Asia, while also engaging in technology service and development, marketing planning, and vehicle rentals. The company conducts its business through PRC operating subsidiaries and aims to leverage its expertise in battery design, processing, transportation, and packaging to serve customers in the Pearl River Delta region and beyond.

Revenue is generated primarily from the sale of new energy batteries, which includes design, commissioned processing, transportation, packaging, and distribution of battery products. Additional revenue comes from the sale and production of electric vehicles, specifically 2 wheelers, 3 wheeled electric scooters, and slow speed vehicles. The company also trades in electrical equipment, mobile phone accessories, vehicle audio equipment, electronics, and vehicle ornaments, and provides technology services, marketing planning, and vehicle rentals. Typically, an advance payment of 30% to 50% is made and the production cycle lasts about 1 to 2 weeks depending on order size.

The company operates through the following 2 reportable operating segments.

• Sales of new energy batteries: This segment involves the design, commissioned processing, transportation, packaging, and sale of battery products for electric vehicles, energy storage systems, and consumer electronics, with a primary focus on the Pearl River Delta region.

• Sales and production of electric vehicles: This segment covers the manufacture and sale of 2 wheelers, 3 wheeled electric scooters, and slow speed vehicles, targeting customers in Southeast Asia and leveraging the company’s battery expertise.

The company positions itself as an early entrant in the new energy battery market, benefiting from brand recognition built through marketing and promotional activities. It enjoys a geographical advantage in the Pearl River Delta region, a hub for battery materials and electric vehicle production, which supports its cost effective supply chain. The company holds the trademark 'Jiuzi New Energy' and 13 software copyrights, reinforcing its intellectual property position. By leveraging its status as a publicly listed company, it has expanded its global network, integrated resources, and reduced channel costs, strengthening its competitive stance against other battery and electric vehicle providers.

The company serves business to business customers such as electric vehicle manufacturers, energy storage system integrators, and energy companies, as well as business to consumer customers including electric vehicle owners and home energy storage users. It also aims to become a core battery supplier for major automakers and to expand into home, commercial, and industrial energy storage markets.