JZXN - Jiuzi inks strategic cooperation agreement with Hemei Auto
Jiuzi Holdings ([[JZXN]] +2.4%) operating entity Zhejiang Jiuzi New Energy Vehicles Co. Ltd. has entered into a strategic cooperation agreement with Hemei (Zhejiang) Auto Holdings Co. Ltd.Pursuant to the agreement, Jiuzi New Energy and Hemei Auto will strive to seek bilateral gains via resources sharing to jointly develop smart logistics system and new city logistics business models that pivot clean, green, safe and efficient logistics services amid robust growth opportunities in this industry."Meanwhile the Company has made best use of big data technologies and we believe our collaboration with Hemei Auto will be able to grasp the huge market of "final one kilometer" delivery as demand for such services is booming due to the growing e-commerce space and the increasingly normalized anti-COVID 19 efforts in China,” commented Mr. Shuibo Zhang, CEO, Director and Chairman.
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Jiuzi inks strategic cooperation agreement with Hemei Auto