Jiuzi holdings and shenzhen maigesong terminate negotiations to focus on future growth

Shenzhen, china, nov. 22, 2024 (globe newswire) -- jiuzi holdings inc. (nasdaq: jzxn; the "company" or “jzxn”), recently announced the amicable termination of acquisition negotiations with shenzhen maigesong electric technology co., ltd. ("shenzhen maigesong"). although the proposed collaboration will not proceed, the experience has been a valuable step in jzxn's exploration of opportunities in the renewable energy sector, providing fresh insights and momentum for the company's future development.
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