Introduction
JIUZI HOLDINGS INC (NASDAQ: JZXN) operates a network of retail franchises in China, marketing new energy vehicles (NEVs) under the Jiuzi brand. Founded on October 10, 2019, the company is headquartered in Hangzhou, Zhejiang province and distributes NEVs through its NEVs Sales and Franchise Services segments.
Corporate Structure and Personnel
While the company does not publicly disclose total employee headcount, governance changes in August and September 2025 indicate shifts at the board level:
- On August 28, 2025, Shuibo Zhang resigned as director and board chair. Tao Li was elected chairman of the board and continues as chief executive officer. Wenqian Gao joined the board as a director.
- On September 1, 2025, Jehn Min Lim stepped down from the board and as chair of the Nomination Committee. Xinping Li, who holds a Ph.D. in Economics and has extensive academic experience, was appointed to fill the vacancy.
An interpreter associated with the company, Huijie Gao, has facilitated cross-border collaborations between Chinese and Canadian firms, reflecting the firm's emphasis on international partnership development.

Electric Vehicles by CHUTTERSNAP
Developments and News
- On September 3, 2025, Jiuzi filed an amended annual report on Form 20-F/A with the U.S. SEC.
- The Form 6-K filed on September 2, 2025, and another on August 28, 2025, detailed the board transitions noted above.
- Trading on September 23, 2025, closed at $2.44 per share, a 50.62% increase from the prior close of $1.62, on volume of 14,957,089 shares. Pre-market trading had driven the price up by $0.78.
Financial and Strategic Analysis
As of market close on September 23, 2025:
Metric | Value |
---|---|
Share price | $2.44 |
Market capitalization | $89.19 million |
52-week range | $0.78 (September 5) β $7.82 (April 24) |
Shares outstanding | 55.06 million |
10-day average volume | 2.90 million |
Beta | 1.82 |
YTD % change | 16.27% |
Revenue (TTM) | $978,600 |
EBITDA (TTM) | $40.43 million |
Gross margin (TTM) | 1.44% |
Net margin (TTM) | β4,145.15% |
EPS (TTM) | β$5.33 |
P/E (TTM) | β0.30 |
The company's 2025 financial results show limited data in public disclosures. TTM revenue stands at approximately $978,600 while TTM EBITDA is positive, indicating some level of cost control within franchise operations. The negative net margin and EPS reflect ongoing investments and scale-up expenses.
Strategically, Jiuzi leverages franchise partnerships to expand NEV distribution, targeting growth within China's electric-vehicle market. The recent appointments to the board may influence future governance and operational strategies.
Market Position and Industry Context
Operating within the specialty retail segment of the NEV market, Jiuzi holds a micro-cap valuation under $300 million. The NEV sector is competitive, characterized by established automakers and dedicated EV firms. Jiuzi's reliance on franchisees and modest sales volumes situates it toward the smaller end of the market. A beta of 1.82 indicates higher volatility relative to the broader market. The stock is trading near its 52-week low, and technical indicators suggest it remains below its 200-day moving average.
TL;DR
The share price increased 50.62% on September 23, 2025, closing at $2.44 amid significant trading volume. Board restructuring occurred on August 28 and September 1, 2025, with appointments aimed at reinforcing governance expertise. Financial disclosures indicate TTM revenue of $978,600, EBITDA of $40.43 million, and considerable net-loss metrics. The market cap stands at $89.19 million. Future outlook will depend on the growth of the franchise network and enhancements in cost efficiencies related to NEV sales.