Jiuzi

Sources third-party new-energy equipment and accessories, including batteries for electric vehicles, energy storage and consumer electronics, through PRC subsidiaries. Its Shenzhen-based commercial base uses suppliers and outsourced manufacturers to produce private-label batteries, inspect goods before shipment and sell into Chinese markets.

Current reported revenue is concentrated in resales of sourced equipment and accessories, after the proprietary product line was terminated. Proposed Southeast Asian electric-vehicle, AI-imaging/data and digital-asset initiatives remain intentions, pilot work or treasury activity rather than audited revenue segments.

Depends on third parties for manufacturing and fulfillment, advances payments to suppliers, and relies on a concentrated set of customers and suppliers. Public shareholders own a non-operating Cayman parent while operations and most assets are held through PRC subsidiaries, where cash transfers can face regulatory restrictions.