Jiuzi Holdings, Inc., through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co., Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People’s Republic of China. It provides corporate investment consulting services. The company also engages in new energy vehicle retail, new energy vehicle component sales, new energy vehicle battery sales, vehicle audio equipment and electronics sales, vehicle ornament sales, technology service and development, marketing planning, vehicle rentals, etc. In addition, it is involved in the research and development of automotive components and part and technical service; sales of electrical accessories for new energy vehicles; sales of charging/battery swap infrastructure for new energy vehicles; sales of electricity chargers, operating electric charging infrastructure for new energy cars, leasing of charging control equipment, research and development of emerging energy technology, sales of new energy driven equipment, recycling wasted power battery of new energy vehicles, and cascade utilization; and sales of automotive spare parts and accessories, as well as in the management services of supply chain, automobiles sales, and whole vehicle sales of new energy cars. Further, the company engages in the vehicle maintenance products, event organization, client vehicle registration services, and online business technology; consultation, promotion, and exchange services; business management consulting and planning services, as well as NEV leasing. The company was founded in 2017 and is based in Hangzhou, the People’s Republic of China.