Jiuzi holdings, inc. signs letter of intent with china petrol technology on the development of electric vehicle battery swap station network

Hangzhou, china, july 14, 2021 /prnewswire/ -- jiuzi holdings, inc. (nasdaq:jzxn; the "company"), a new energy vehicles franchisor and retailer under the brand name "jiuzi" in china, today announced that it has signed a letter of intent (the "loi") with china petrol technology (shenzhen) limited ("cpt"), an innovative "internet + energy" industrial chain platform, to jointly build battery swap stations and battery management system for electric vehicles (ev) across china. mr. shuibo zhang, chairman of the company and mr.
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