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Jiuzi Holdings Inc. to acquire Shenzhen Maigesong Electric Technology Co., Ltd.
Acquiring Company
Jiuzi Holdings
Acquired Company
Shenzhen Maigesong Electric Technology Ltd
HangzhouShenzhenManufacturingRetailAutomotiveElectric VehicleManufacturingDescription
Jiuzi Holdings Inc., an emerging new energy vehicle dealership group, announced that its subsidiary, Shenzhen Jiuzi New Energy Holding Group Co., Ltd., has entered into a non-binding letter of intent for the acquisition of Shenzhen Maigesong Electric Technology Co., Ltd. This acquisition is part of Jiuzi Holdings' strategic move to expand its offerings and invest in the construction of Shenzhen Maigesong's rechargeable lithium battery production line.
Fundz sees it the moment Jiuzi Holdings makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Shenzhen Maigesong Electric Technology Ltd?
Shenzhen Maigesong Electric Technology Ltd was acquired by Jiuzi Holdings, based in Hangzhou. The deal was reported on April 3, 2024. Jiuzi Holdings, Inc. is an emerging new energy vehicle (NEV) dealership group operating under the brand name 'Jiuzi' in China. Jiuzi Holdings is publicly traded (JZXN) and operates in Manufacturing.
When did Jiuzi Holdings acquire Shenzhen Maigesong Electric Technology Ltd?
Jiuzi Holdings's acquisition of Shenzhen Maigesong Electric Technology Ltd was reported on April 3, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shenzhen Maigesong Electric Technology Ltd do?
Shenzhen Maigesong Electric Technology Co., Ltd. specializes in the design and development of embedded battery control systems, providing customers with products or key components through ODM or SKD models, as well as intellectual property licensing. It is privately held, operating in Manufacturing, and is based in Shenzhen.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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