SCHEDULE: S.H.N. Financial Investments Boosts Jiuzi Holdings Stake

S.H.N. Financial Investments Ltd. has increased its beneficial ownership in Jiuzi Holdings, Inc. to 8.0% of ordinary shares, including warrants.

Summary

• S.H.N. Financial Investments Ltd. reported beneficial ownership of 4,000,000 Ordinary Shares of Jiuzi Holdings, Inc.
• This beneficial ownership represents 8.0% of the class of securities.
• The aggregate amount beneficially owned includes 4,000,000 Warrants to purchase Ordinary Shares.
• The percentage of class is based on 50,231,389 Ordinary Shares outstanding as of October 27, 2025, as reported in the Issuer's Registration Statement on Form F-3 filed on November 3, 2025.
• Nir Shamir, the Chief Executive Officer of S.H.N. Financial Investments Ltd., may be deemed to beneficially own these securities but disclaims beneficial ownership for all other purposes.
• This filing is an amendment to a Schedule 13G previously filed on October 7, 2025, which covered 2,023,000 Ordinary Shares purchased on September 30, 2025.

Sentiment

Score: 7

Explanation: The increase in beneficial ownership by an institutional investor, including warrants, suggests a positive outlook on the company's future prospects, indicating confidence from a sophisticated market participant.

Positives

• A significant institutional investor, S.H.N. Financial Investments Ltd., has increased its stake in Jiuzi Holdings, Inc., potentially signaling confidence in the company's future prospects.
• The beneficial ownership includes 4,000,000 warrants, which suggests a long-term bullish view on the stock's potential appreciation.

Future Outlook

No forward-looking statements or guidance from Jiuzi Holdings, Inc. are provided in this beneficial ownership disclosure.

Management Comments

• Nir Shamir, Chief Executive Officer of S.H.N. Financial Investments Ltd., may be deemed to beneficially own the securities but disclaims beneficial ownership of these securities for all other purposes.

Industry Context

This filing indicates an institutional investor's increased confidence in Jiuzi Holdings, Inc., a company operating in the electric vehicle (EV) dealership sector in China. Such an increase in stake by a financial investment firm could signal perceived value or growth potential within the evolving EV market, aligning with broader trends of investment in sustainable transportation.

Comparison to Industry Standards

• The filing does not provide sufficient information to compare Jiuzi Holdings' operational results or financial performance to industry standards or specific competitors. It focuses solely on an investor's ownership stake.

Stakeholder Impact

• Shareholders: The increased stake by an institutional investor could be viewed positively, potentially signaling market confidence and attracting further investment.
• Management: The filing highlights a significant shareholder, which could influence future strategic decisions or governance discussions.

Key Dates

Recommendation

S.H.N. Financial Investments Ltd.'s increased stake to 8.0% in Jiuzi Holdings, Inc., including warrants, suggests a vote of confidence from a sophisticated investor. This could be a positive signal for the market. However, without additional financial performance data, operational updates, or valuation analysis from the company itself, a 'hold' recommendation is prudent. Investors should monitor future company filings and market developments to assess the underlying business fundamentals before making further investment decisions.

Keywords

Jiuzi Holdings, S.H.N. Financial Investments, Schedule 13G, Beneficial Ownership, Ordinary Shares, Warrants, Institutional Investment, Stake Increase