# Jiuzi Holdings, Inc.

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/fi/companies/Jiuzi Holdings, Inc.).

## Overview

Jiuzi Holdings, Inc. is a Cayman Islands holding company with operating subsidiaries in the United States, Hong Kong, and mainland China. Through those subsidiaries, it sells proprietary-brand batteries, electronic power equipment, mobile phones, accessories, and related trading or consulting services.

## Products & services

• Proprietary-brand batteries
• Electronic power equipment
• Mobile phones and accessories
• Trading brokerage and domestic trade agency
• Corporate investment consulting
• Scientific research and technical services

- **Battery and power equipment sales** (45%) — Sales of proprietary-brand batteries and electronic power equipment through operating subsidiaries.
- **Mobile phones and accessories** (25%) — Distribution of mobile phones and related accessories in the PRC market.
- **Trading brokerage and domestic trade agency** (15%) — Intermediated domestic trading and brokerage activity through Shenzhen Shatou.
- **Corporate investment consulting** (10%) — Consulting services provided through the U.S. and Hong Kong holding subsidiaries.
- **Scientific research and technical services** (5%) — Technical and research-oriented services under Hainan Jiuzi.

- Proprietary-brand batteries
- Electronic power equipment
- Mobile phones and accessories
- Trading brokerage and domestic trade agency
- Corporate investment consulting
- Scientific research and technical services

## Customers

Jiuzi serves third-party commercial customers that buy consumer electronics, batteries, and related equipment through its operating subsidiaries in China. The group also appears to sell to trading counterparties and business clients that use brokerage, agency, consulting, or technical services. Customer concentration is high, with a small number of customers accounting for a large share of recent period sales.

- **Third-party product buyers** (primary) — Buy batteries, electronic power equipment, mobile phones and accessories for resale or business use.
- **Trading and brokerage customers** (secondary) — Use Shenzhen Shatou for domestic trade agency and brokerage services.
- **Consulting clients** (secondary) — Seek corporate investment consulting through Jiuzi New York and Jiuzi HK.
- **Technical-service clients** (emerging) — Purchase scientific research and technical services from Hainan Jiuzi.

- Commercial buyers of batteries and electronic equipment
- Retail or wholesale buyers of mobile phones and accessories
- Trading counterparties using domestic agency services
- Business clients seeking investment consulting
- Technical-service customers in research-oriented activities
- Revenue concentration among a small customer base

## Geography

The company is structured around a Cayman Islands parent with subsidiaries in the United States, Hong Kong, Shenzhen, and Hainan. Its operating business is concentrated in mainland China, where product sales and trading activities are carried out, while U.S. and Hong Kong entities mainly provide holding, investment, and consulting functions.

- Cayman Islands parent company
- United States holding/consulting subsidiary
- Hong Kong intermediate holding and consulting entity
- Main operating sales activity in mainland China
- Shenzhen and Hainan are key operating locations

## Strategy

Jiuzi’s structure suggests a strategy of combining China-based product sales with layered offshore and cross-border entities for holding, consulting, and operating flexibility. The addition of trading and technical-service subsidiaries indicates an effort to broaden the operating platform beyond pure product sales into adjacent service lines.

- **Broaden operating activities** (medium-term) — Adds service lines and reduces dependence on one product channel.
- **Support cross-border structure** (medium-term) — Holding and consulting entities can facilitate corporate and financing activities.
- **Develop new subsidiary platforms** (short-term) — New entities can extend the business into adjacent markets and functions.

- Expand the operating platform beyond product sales
- Use Hong Kong and U.S. entities for group structure flexibility
- Build trading and agency capabilities alongside sales
- Add technical-service activities through new subsidiaries
- Diversify beyond a narrow product mix

## Risks

The business is exposed to customer and supplier concentration, since a small number of counterparties represent a large share of recent sales and cost of revenue. It also faces execution, regulatory, and cross-border risks typical of a China-centric operating structure with offshore holding entities and related-party ownership layers.

- **Customer concentration** [high] — A small number of customers account for a large portion of sales in the recent period.
- **Supplier concentration** [high] — Top suppliers represent a large share of cost of revenue, creating supply dependence.
- **China regulatory exposure** [medium] — Core operating subsidiaries are located in mainland China, where policy and compliance conditions can change quickly.
- **Cross-border holding structure** [medium] — The group uses Cayman, U.S., Hong Kong and PRC entities, increasing legal and transfer-pricing complexity.

- High customer concentration increases revenue volatility
- Supplier concentration can disrupt product availability and margins
- China operating exposure brings regulatory and policy risk
- Cross-border group structure adds legal and compliance complexity
- Product mix is tied to consumer and trading demand

## Accounting

The company’s reported numbers are sensitive to consolidation judgments across a multi-entity structure and to estimates around receivables and prepaid expenses. The allowance for credit losses and the impairment allowance on prepaid expense are especially important because they directly affect asset values and can signal counterparty or execution risk.

- **Accounts receivable allowance** — Reported receivable net value and earnings
- **Prepaid expense impairment** — Balance sheet strength and expense recognition
- **Consolidation and intercompany eliminations** — Reported revenue, expenses and assets
- **Going concern assessment** — Disclosure and valuation context

- Consolidation across Cayman, U.S., Hong Kong and PRC entities
- Allowance for credit losses on accounts receivable
- Large impairment allowance on prepaid expense
- Intercompany eliminations affect reported results
- Going-concern and accumulated deficit disclosures matter

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*Last updated: 2026-09-28T12:04:11.201722+00:00*
