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Nine Purple New Energy announced that it is raising $5.50 million, and 70% of the financing funds will be invested in cryptocurrency assets

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2025-09-30 01:03:20
On September 29th, Jiuzi Xinneng (Nasdaq: JZXN) announced that it is in the process of raising 5.50 million US dollars, including registration direct issuance and parallel private placement placement. The financing is expected to be completed on September 30. The company plans to use about 70% of the financing funds to invest in cryptocurrency assets.
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