HANGZHOU, China, Dec. 12, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (Nasdaq: JZXN) announced it has signed a Memorandum of Understanding with several institutional investors to increase its private placement financing to up to US$1 billion. The expansion follows a previously disclosed US$12 million private placement plan announced on October 7, 2025, and reflects heightened institutional confidence in Jiuzi’s shift into the high-growth crypto asset services sector.

The enlarged placement represents an approximately 80-fold increase in committed capital. Proceeds are intended to support the development of the Company’s crypto asset business, including the construction of advanced secure custody infrastructure and new storage solutions, positioning Jiuzi to address growing market demand for crypto asset services.

Mr. Tao Li, CEO of Jiuzi, said, “The strong trust placed by investors validates our strategic vision and execution capabilities. This substantial additional capital provides us with significant financial flexibility to build secure crypto asset custody infrastructure and pursue strategic acquisition opportunities within the rapidly evolving crypto asset storage ecosystem.”

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, the Company’s business plans and development and business outlook, identifiable by terms such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or similar expressions. These statements are based on management’s current expectations and market and operating conditions and involve known and unknown risks, uncertainties and other factors that are difficult to predict and many of which are beyond the Company’s control. Further information about these and other risks, uncertainties and factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required by law.

HANGZHOU, China, Dec. 12, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (Nasdaq: JZXN) announced that it has signed a Memorandum of Understanding (MOU) with several institutional investors to raise its private placement financing to up to US$1 billion. The increase significantly expands the previously disclosed US$12 million private placement plan announced on October 7, 2025, and underscores strong institutional confidence in Jiuzi’s strategic shift into the high-growth crypto asset services sector.

The expanded commitment represents an 80-fold increase in pledged capital. Proceeds will be directed toward developing Jiuzi’s crypto asset business, including building advanced secure custody infrastructure and innovative storage solutions, enabling the Company to address growing market demand for crypto asset services.

Mr. Tao Li, CEO of Jiuzi, said, “The strong trust placed by investors validates our strategic vision and execution capabilities. This substantial additional capital provides us with significant financial flexibility to build secure crypto asset custody infrastructure and pursue strategic acquisition opportunities within the rapidly evolving crypto asset storage ecosystem.”

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s business plans and development and business outlook, and can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” and similar expressions. Such statements are based on management’s current expectations and market and operating conditions, and relate to events that involve known and unknown risks, uncertainties and other factors that are difficult to predict and many of which are beyond the Company’s control. Additional information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required by law.