Jiuzi (JZXN) 20-F/A 15 Mar 22 2021 FY Annual report (foreign) (amended) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Oct. 31, 2021shares
Document Information Line Items
Entity Registrant Name	Jiuzi Holdings Inc.
Trading Symbol	JZXN
Document Type	20-F/A
Current Fiscal Year End Date	--10-31
Entity Common Stock, Shares Outstanding	21,426,844
Amendment Flag	true
Amendment Description	Jiuzi Holdings Inc. is filing this Amendment No. 1 to Form 20-F (the “Amendment No. 1”) to our annual report on Form 20-F for the year ended October 31, 2021, filed with the Securities and Exchange Commission on March 8, 2022 (the “Original Form 20-F”), to include the results of operation and financial conditions, as well as financial statements for the fiscal year ended October 31, 2019 in Item 3, Item 5, Item 15 and Item 18. As required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended, new certifications by our chief executive officer and chief financial officer are being filed as exhibits to this Amendment No. 1.This Amendment No. 1 speaks as of the filing date of the Original Form 20-F on March 8, 2022. Other than as set forth above, this Amendment No. 1 does not, and does not purport to, amend, update or restate any other information or disclosure included in the Original Form 20-F or reflect any events that have occurred since March 8, 2022.
Entity Central Index Key	0001816172
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Oct. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-40405
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	No.168 Qianjiang Nongchang Gengwen Road
Entity Address, Address Line Two	15th Floor
Entity Address, Address Line Three	Economic and Technological Development Zone
Entity Address, City or Town	Hangzhou City
Entity Address, Postal Zip Code	310000
Entity Address, Country	CN
Title of 12(b) Security	Ordinary shares, par value $0.001 per share
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Document Accounting Standard	U.S. GAAP
Auditor Name	WWC, P.C.
Auditor Location	San Mateo, California
Auditor Firm ID	1171
Business Contact [Member]
Document Information Line Items
Entity Address, Address Line One	No.168 Qianjiang Nongchang Gengwen Road
Entity Address, Address Line Two	15th Floor
Entity Address, Address Line Three	Economic and Technological Development Zone
Entity Address, City or Town	Hangzhou City
Entity Address, Postal Zip Code	310000
Entity Address, Country	CN
Contact Personnel Name	Shuibo Zhang
City Area Code	+86
Local Phone Number	0571-82651956

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)		Oct. 31, 2021	Oct. 31, 2020
Current Assets
Cash and cash equivalents		$ 7,372,895	$ 764,492
Short-term investment		1,180,772
Accounts receivable		6,566	14,875
Accounts receivable – related party		529,407	1,518,264
Due from related parties		367,549	173,643
Inventories		266,106	154,586
Advances to suppliers		1,594,278	569,023
Loans receivable from related parties, net		9,673,893	2,999,261
Other receivables and other current assets		1,228,738	280,789
Total current assets		22,220,204	6,474,933
Non-current Assets
Property, plant and equipment, net		373,108	101,877
Intangible assets, net		18,053	16,436
Other non-current assets		558,702	2,349
Operating lease right of use asset		846,200
Loans receivable from related parties, net		4,136,657	5,308,919
Total non-current assets		5,932,720	5,429,581
TOTAL ASSETS		28,152,924	11,904,514
Current liabilities
Accruals and other payables		595,364	82,182
Accounts payable – related party		44,366	102,411
Accounts payable		15,695	872
Taxes payable		2,923,987	2,772,447
Operating lease liabilities - current		163,148
Contract liability		114,916	116,977
Contract liability – related party		164,804	614,449
Total current liabilities		4,022,280	3,689,338
Non-current liabilities
Operating lease liabilities - non-current		537,432
Deferred income		1,263,840
Total non-current liabilities		1,801,272
TOTAL LIABILITIES		5,823,552	3,689,338
COMMITMENTS AND CONTINGENCIES
Shareholders’ equity
Ordinary shares (150,000,000 shares authorized, par value $0.001, 21,426,844 shares issued and outstanding as of October 31, 2021)	[1]	21,427	15,000
Additional paid in capital		13,150,667	308,939
Statutory reserve		891,439	690,624
Retained earnings		7,459,539	6,846,609
Accumulated other comprehensive income/ (loss)		541,615	(60,426)
Total equity attributable to Jiuzi		22,064,687	7,800,746
Equity attributable to noncontrolling interests		264,685	414,430
Total Stockholders’ equity		22,329,372	8,215,176
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY		$ 28,152,924	$ 11,904,514
[1]	Giving retroactive effect for the Share Subdivision and 2-for-1 stock dividend on post-Share Subdivision basis

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Oct. 31, 2021	Oct. 31, 2020
Statement of Financial Position [Abstract]
Ordinary shares par value (in Dollars per share)	$ 0.001	$ 0.001
Ordinary shares authorized	150,000,000	150,000,000
Ordinary shares issued	21,426,844	21,426,844
Ordinary shares outstanding	21,426,844	21,426,844

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income - USD ($)	12 Months Ended
	Oct. 31, 2021		Oct. 31, 2020		Oct. 31, 2019
Income Statement [Abstract]
Revenues, net	$ 1,606,425		$ 258,834		$ 839,744
Revenues – related party, net	7,930,562		7,951,761		7,138,355
Total Revenues	9,536,987		8,210,595		7,978,099
Cost of revenues	1,370,829		217,807		857,097
Cost of revenues – related party	3,538,875		1,972,961		2,259,079
Total cost of revenues	4,909,704		2,190,768		3,116,176
Gross profit	4,627,283		6,019,827		4,861,923
Selling expense	17,542		29,887		40,723
General and administrative expenses	3,292,606		1,619,125		1,101,415
Operating income (loss)	1,317,135		4,370,815		3,719,785
Non-operating income (expense) items:
Other income (expense), net	1,993		30,610		17,134
Interest income	5,734		390		11,895
Interest expense			(3,880)		(1,765)
Non-operating income (expense)	7,727		27,120		27,264
Earnings (Loss) before tax	1,324,862		4,397,935		3,747,049
Income tax	546,825		974,393		540,782
Net income (loss)	778,037		3,423,542		3,206,267
Less: loss attributable to non-controlling interest	(35,708)		(27,385)		(33,790)
Net income (loss) attributable to Jiuzi	$ 813,745		$ 3,450,927		$ 3,240,057
Earnings (Loss) per share
Basic (in Dollars per share)	$ 0.04		$ 0.23		$ 0.22
Diluted (in Dollars per share)	$ 0.04		$ 0.23		$ 0.22
Weighted average number of ordinary shares outstanding*
Basic (in Shares)	17,580,461	[1]	15,000,000	[1]	15,000,000
Diluted (in Shares)	17,580,461	[1]	15,000,000	[1]	15,000,000
Net income (loss)	$ 778,037		$ 3,423,542		$ 3,206,267
Other comprehensive income (loss):
Foreign currency translation (loss) income	607,057		146,303		(116,437)
Total comprehensive income (loss)	$ 1,385,094		$ 3,569,845		$ 3,089,830
[1]	Giving retroactive effect for the Share Subdivision and 2-for-1 stock dividend on post-Share Subdivision basis

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders’ Equity - USD ($)	Common Stock	Additional Paid in Capital	Statutory Reserve	Retained Earnings	Accumulated other Comprehensive Income	Equity attributable to Jiuzi	Non-Controlling interest	Total
Balance at Oct. 31, 2018	$ 15,000	$ 74,947	$ 97,508	$ 748,741	$ (90,292)	$ 845,904	$ 509,485	$ 1,355,389
Balance (in Shares) at Oct. 31, 2018	15,000,000
Contribution in capital		224,946				224,946		224,946
Net income				3,240,057		3,240,057	(33,790)	3,206,267
Appropriations to statutory reserves			328,906,000,000	(328,906,000)
Foreign currency translation adjustment					(116,437)	(116,437)	(15,068)	(131,505)
Balance at Oct. 31, 2019	$ 15,000	299,893	426,414	3,659,892	(206,729)	4,194,470	460,627	4,655,097
Balance (in Shares) at Oct. 31, 2019	15,000,000
Contribution in capital		9,046				9,046	(7,795)	1,251
Net income				3,450,927		3,450,927	(27,385)	3,423,542
Appropriations to statutory reserves			264,210,000,000	(264,210,000,000)
Foreign currency translation adjustment					146,303	146,303	(11,017)	135,286
Balance at Oct. 31, 2020	$ 15,000	308,939	690,624	6,846,609	(60,426)	7,800,746	414,430	8,215,176
Balance (in Shares) at Oct. 31, 2020	15,000,000
Contribution in capital		38,915				38,915	(119,053)	(80,138)
Shared issued for cash	$ 6,427	12,802,813				12,809,240		12,809,240
Shared issued for cash (in Shares)	6,426,844
Net income			200,815	612,930		813,745	(35,708)	778,037
Foreign currency translation adjustment					602,041	602,041	5,016	607,057
Balance at Oct. 31, 2021	$ 21,427	$ 13,150,667	$ 891,439	$ 7,459,539	$ 541,615	$ 22,064,687	$ 264,685	$ 22,329,372
Balance (in Shares) at Oct. 31, 2021	21,426,844

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Statement of Cash Flows [Abstract]
Net income	$ 778,037	$ 3,423,542	$ 3,206,267
Depreciation and amortization	55,243	20,182	8,582
Provision for doubtful accounts	(13,931)	11,474	32,717
Amortization of right-of-use asset	40,286
Provision for credit losses	309,024	305,128	61,277
Imputed interest expense	724,338	762,113	35,812
Loss from disposal of assets	4,082
Changes in assets and liabilities
(Increase) decrease in accounts receivable	8,958	37,809	(25,367)
(Increase) decrease in accounts receivable – related party	1,092,111	(488,494)	(299,062)
(Increase) decrease in inventories	(103,928)	73,001	104,986
(Increase) decrease in loans to related parties	(6,129,775)	(4,982,838)	(37,917)
(Increase) decrease in due from related parties	(185,084)
(Increase) decrease in other current assets	(1,949,313)	10,435	(164,659)
(Increase) decrease in other non-current assets	(553,867)
(Decrease) increase in accrued and other liabilities	507,206	22,843	(15,540)
(Decrease) increase in account payable	14,720	(10,306)
(Decrease) increase in accounts payable – related party	(62,511)	91,841	1,422
(Decrease) increase in taxes payable	23,271	1,474,958	992,328
(Decrease) increase in contract liability	(7,437)	20,370	(4,925)
(Decrease) increase in contract liability – related party	(476,008)	(256,761)	(4,978,756)
(Decrease) increase in operating lease liabilities	(144,998)
(Decrease) increase in deferred income	1,258,439
Net cash generated by (used in) operating activities	(4,811,137)	515,297	(1,082,855)
Cash flows from investing activities
Purchase of fixed assets	(306,576)	(26,778)	(7,087)
Purchase of intangible assets	(3,004)		(15,964)
Acquisition of investment	(1,175,726)
Refund of security deposits		490	12,854
Net cash generated by (used in) investing activities	(1,485,306)	(26,288)	(10,197)
Cash flows from financing activities
Proceeds from owner’s injection of capital	38,916	9,046	224,946
Stock proceeds for cash	12,809,240
Proceeds from (Repayment to) related party		(173,102)	161,191
Net cash provided by (used in) financing activities	12,848,156	(164,056)	386,137
Net increase (decrease) of cash and cash equivalents	6,551,713	324,953	(706,915)
Effect of foreign currency translation on cash and cash equivalents	56,690	(2,675)	(5,314)
Cash, cash equivalents, and restricted cash – beginning of period	764,492	442,214	1,154,443
Cash, cash equivalents, and restricted cash – end of period	7,372,895	764,492	442,214
Supplementary cash flow information:
Interest received	5,734	390	11,895
Interest paid		3,880	1,765
Income taxes paid	$ 295,729

Organization and Basis of Prese

Organization and Basis of Presentation	12 Months Ended
	Oct. 31, 2021
Accounting Policies [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION Jiuzi Holdings, Inc. (“Company” or “Jiuzi”) was incorporated in the Cayman Islands on October 10, 2019. The Company in an investment holding company; its primary operations are conducted through subsidiaries and variable interest entities as described below. Jiuzi (HK) Limited (“Jiuzi HK”) was incorporated in Hong Kong on October 25, 2019. It is wholly owned subsidiary of the Company. Zhejiang Navalant New Energy Automobile Co., Ltd. (“Jiuzi WFOE”) was incorporated on June 5, 2020 as wholly foreign owned entity in the People’s Republic of China (“PRC”). Jiuzi WFOE is a wholly owned subsidiary of Jiuzi HK. Zhejiang Jiuzi (“Zhejiang Jiuzi”) was incorporated on May 26, 2017 in the PRC. Zhejiang Jiuzi’s scope of business includes the sale of new energy vehicles (“NEVs”) and NEV components and parts, and the related development of products and services for the NEV industry. Zhejiang Jiuzi generates revenues by both selling NEVs and NEV components and parts to Jiuzi branded licensed NEV dealerships, and by rendering professional services to new Jiuzi NEV dealerships, such as initial setup, NEV product procurement services, and specialized marketing campaigns. The Zhejiang Jiuzi also provides short term financing solutions to the new Jiuzi NEV dealerships for the procurement of NEVs. Shangli Jiuzi was incorporated on May 10, 2018 in the PRC. Its scope of business is similar to Zhejiang Jiuzi. Zhejiang Jiuzi owns 59.0% equity interest in Shangli Jiuzi, and the remaining 41% equity interest is owned by unrelated third-party investors; as such Shangli Jiuzi is accounted as a subsidiary of Zhejiang Jiuzi. Hangzhou Through Train Technology Co., Ltd. (“Zhitongche”) was incorporated on February 2, 2018 in the PRC. The company is providing technical services, technical development, technical consulting and trading for new energy for motor vehicle and its accessories. Zhitongche is a wholly owned subsidiary of Zhejiang Jiuzi. Zhejiang Jiuzi Xinneng Network Technology Co., Ltd was incorporated on July 1, 2021 in PRC. Its scope of business includes software outsourcing services; industrial internet data services; network and information security software development; artificial intelligence application software development; Internet of Things technology research and development; internet security services; information system operation and maintenance services; artificial intelligence basic software development; cloud computing equipment technical services; research and development of robots (except for projects subject to approval according to law, business activities are carried out independently according to law with business licenses). Zhejiang Jiuzi owns 100% equity interest in Zhejiang Jiuzi Xinneng Network Technology Co., Ltd. Guangxi Nanning Direct Train New Energy Technology Co., Ltd was incorporated on December 31, 2021 in PRC. Its scope of business includes technical service, development and consultation; sales of electrical accessories for new energy vehicles; automobiles new car sales; business agency services; motor vehicle charging sales; sales of new energy prime movers; R&D of emerging energy technologies; car trailers, assistance, and clearance services; auto parts wholesale; auto parts retail; sales agency; domestic trade agency; import and export agency. Zhejiang Jiuzi owns 90% equity interest in Guangxi Nanning Direct Train New Energy Technology Co., Ltd, and the remaining 10% equity interest is owned by unrelated third-party investor; as such Guangxi Nanning Direct Train New Energy Technology Co., Ltd is accounted as a subsidiary of Zhejiang Jiuzi. Contractual Arrangements between Jiuzi WFOE and Zhejiang Jiuzi Due to PRC legal restrictions on foreign ownership, the Company and its subsidiaries do not own any direct equity interest in Zhejiang Jiuzi. Instead, the Company and its subsidiaries control and receive the economic benefits of Zhejiang Jiuzi’s business operation through a series of contractual arrangements. Jiuzi WFOE, Zhejiang Jiuzi and the Zhejiang Jiuzi Shareholders entered into a series of contractual arrangements, 1) Exclusive Option Agreement, 2) Exclusive Business Cooperation Agreement, and 3) Share Pledge Agreement, known as VIE Agreements, on June 15, 2020. The VIE agreements are designed to provide Jiuzi WFOE with the power, rights and obligations equivalent in all material respects to those it would possess as the sole equity holder of Zhejiang Jiuzi, including absolute control rights and the rights to the assets, property and revenue of Zhejiang Jiuzi. Each of the VIE Agreements is described in detail below: Exclusive Option Agreement Under the Exclusive Option Agreement, the Zhejiang Jiuzi Shareholders irrevocably granted Jiuzi WFOE (or its designee) an exclusive right to purchase, to the extent permitted under PRC law, once or at multiple times, at any time, a portion or whole of the equity interests or assets in Zhejiang Jiuzi held by the Zhejiang Jiuzi Shareholders. The purchase price is RMB 10 and subject to any appraisal or restrictions required by applicable PRC laws and regulations. The agreement takes effect upon parties signing the agreement, and remains effective for 10 years, extendable upon Jiuzi WFOE or its designee’s discretion. Exclusive Business Cooperation Agreement Pursuant to the Exclusive Business Cooperation Agreement between Zhejiang Jiuzi and Jiuzi WFOE, Jiuzi WFOE provides Zhejiang Jiuzi with technical support, consulting services and other management services relating to its day-to-day business operations and management, on an exclusive basis, utilizing its advantages in technology, business management and information. For services rendered to Zhejiang Jiuzi by Jiuzi WFOE under this agreement, Jiuzi WFOE is entitled to collect a service fee that shall be calculated based upon service hours and multiple hourly rates provided by Jiuzi WFOE. The service fee should approximately equal to Zhejiang Jiuzi’s net profit. The Exclusive Business Cooperation Agreement shall remain in effect for ten years unless earlier terminated upon written confirmation from both Jiuzi WFOE and Zhejiang Jiuzi before expiration. Otherwise, this agreement can only be extended by Jiuzi WFOE and Zhejiang Jiuzi does not have the right to terminate the agreement unilaterally. Share Pledge Agreement Under the Share Pledge Agreement between Jiuzi WFOE and certain shareholders of Zhejiang Jiuzi together holding 1,000,000 shares, or 100% of the equity interests, of Zhejiang Jiuzi (“Zhejiang Jiuzi Shareholders”), the Zhejiang Jiuzi Shareholders pledged all of their equity interests in Zhejiang Jiuzi to Jiuzi WFOE to guarantee the performance of Zhejiang Jiuzi’s obligations under the Exclusive Business Cooperation Agreement. Under the terms of the Share Pledge Agreement, in the event that Zhejiang Jiuzi breaches its contractual obligations under the Exclusive Business Cooperation Agreement, Jiuzi WFOE, as pledgee, will be entitled to certain rights, including, but not limited to, the right to dispose of dividends generated by the pledged equity interests. The Zhejiang Jiuzi Shareholders also agreed that upon occurrence of any event of default, as set forth in the Share Pledge Agreement, Jiuzi WFOE is entitled to dispose of the pledged equity interest in accordance with applicable PRC laws. The Zhejiang Jiuzi Shareholders further agree not to dispose of the pledged equity interests or take any actions that would prejudice Jiuzi WFOE’s interest. The Share Pledge Agreement shall be effective until the full payment of the service fees under the Business Cooperation Agreement has been made and upon termination of Zhejiang Jiuzi’s obligations under the Business Cooperation Agreement. The purposes of the Share Pledge Agreement are to (1) guarantee the performance of Zhejiang Jiuzi’s obligations under the Exclusive Business Cooperation Agreement, (2) ensure the shareholders of Zhejiang Jiuzi do not transfer or assign the pledged equity interests, or create or allow any encumbrance that would prejudice Jiuzi WFOE’s interests without Jiuzi WFOE’s prior written consent and (3) provide Jiuzi WFOE control over Zhejiang Jiuzi. The Company has concluded that the Company is the primary beneficiary of Zhejiang Jiuzi and its subsidiaries, and should consolidate financial statements. The Company is the primary beneficiary based on the VIE Agreements that each equity holder of Zhejiang Jiuzi pledged their rights as a shareholder of Zhejiang Jiuzi to Jiuzi WFOE. These rights include, but are not limited to, voting on all matters of Zhejiang Jiuzi requiring shareholder approval, disposing of all or part of the shareholder’s equity interest in Zhejiang Jiuzi, oversee and review Zhejiang Jiuzi’s operation and financial information. As such, the Company, through Jiuzi WFOE, is deemed to hold all of the voting equity interest in Zhejiang Jiuzi and its subsidiaries. For the periods presented, the Company has not provided any financial or other support to either Zhejiang Jiuzi or its subsidiaries. However, pursuant to the Exclusive Business Cooperation Agreement, the Company may provide complete technical support, consulting services and other services during the term of the VIE agreements. Though not explicit in the VIE agreements, the Company may provide financial support to Zhejiang Jiuzi and its subsidiaries to meet its working capital requirements and capitalization purposes. The terms of the VIE Agreements and the Company’s plan of financial support to the VIEs were considered in determining that the Company is the primary beneficiary of the VIEs. Accordingly, the financial statements of the VIEs are consolidated in the Company’s consolidated financial statements. Based on the foregoing VIE Agreements, Jiuzi WFOE has effective control of Zhejiang Jiuzi and its subsidiaries, which enables Jiuzi WFOE to receive all of their expected residual returns and absorb the expected losses of the VIE and its subsidiaries. Accordingly, the Company consolidates the accounts of Zhejiang Jiuzi and its subsidiaries for the periods presented herein, in accordance with Accounting Standards Codification, or ASC, 810-10, Consolidation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Oct. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its subsidiary. Significant inter-company transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Actual results and outcomes may differ from management’s estimates and assumptions. In particular, the novel coronavirus (“COVID-19”) pandemic and the resulting adverse impacts to global economic conditions, as well as our operations, may impact future estimates including, but not limited to, our allowance for loan losses, inventory valuations, fair value measurements, asset impairment charges and discount rate assumptions. Certain prior year amounts have been reclassified to conform to the current year’s presentation. Amounts and percentages may not total due to rounding. Functional and presentation currency The functional currency of the Company is the currency of the primary economic environment in which the Company operates which is Chinese Yuan (“RMB”). Transactions in currencies other than the entity’s functional currency are recorded at the rates of exchange prevailing on the date of the transaction. At the end of each reporting period, monetary items denominated in foreign currencies are translated at the rates prevailing at the end of the reporting periods. Exchange differences arising on the settlement of monetary items and on translation of monetary items at period-end are included in income statement of the period. For the purpose of presenting these financial statements, the Company’s assets and liabilities are expressed in US$ at the exchange rate on the balance sheet date, stockholder’s equity accounts are translated at historical rates, and income and expense items are translated at the weighted average exchange rate during the period. The resulting translation adjustments are reported under accumulated other comprehensive income in the stockholder’s equity section of the balance sheets. Exchange rate used for the translation as follows: US$ to RMB Period End Average October 31, 2021 6.39675 6.42420 October 31, 2020 6.69247 6.41640 October 31, 2019 7.0992 6.8905 Fair Values of Financial Instruments The Company adopted ASC 820 “Fair Value Measurements,” which defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosures requirements for fair value measures. Current assets and current liabilities qualified as financial instruments and management believes their carrying amounts are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and if applicable, their current interest rate is equivalent to interest rates currently available. The three levels are defined as follow: ● Level 1 — inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 — inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 — inputs to the valuation methodology are unobservable and significant to the fair value. As of the balance sheet date, the estimated fair values of the financial instruments approximated their fair values due to the short-term nature of these instruments. Determining which category an asset or liability falls within the hierarchy requires significant judgment. The Company evaluates the hierarchy disclosures each year. Related parties The Company adopted ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions. Cash and Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Accounts Receivable Accounts receivable are recorded at the net value less estimates for expected credit losses. Management regularly reviews outstanding accounts and provides an allowance for doubtful accounts. When collection of the original invoice amounts is no longer probable, the Company will either partially or fully write-off the balance against the allowance for doubtful accounts. Short-term investments Short-term investments consist primarily of investments in fixed deposits with original maturities between three months and one year and certain investments in wealth management products and other investments that the Company has the intention to redeem within one year. As of October 31, 2020 and 2021, the investments in bank wealth management and security that were recorded as short-term investments amounted to $1,180,772 and $ nil Loans Receivable Loans receivable are recorded at origination at the fair value less estimates for expected credit losses. Management regularly reviews outstanding accounts and provides an allowance for credit losses. When collection of the original amounts is no longer probable, the Company will either partially or fully write-off the balance against the allowance for credit losses. Revenue Recognition In 2014, the FASB issued guidance on revenue recognition (“ASC 606”), with final amendments issued in 2016. The underlying principle of ASC 606 is to recognize revenue to depict the transfer of goods or services to customers at the amount expected to be collected. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The Company has concluded that the new guidance did not require any significant change to its revenue recognition processes. The Company’s revenues consist of sales of vehicle by the Company’s own corporate retail store to third party customers, sales of vehicle to franchisees as a supplier, and fees from retail stores operated by franchisees. Revenues from franchised stores include initial franchise fees and annual royalties based on a percent of net incomes. The Company recognizes sales of vehicle revenues at the point in time when the Company has transferred physical possession of the goods to the customer and the customer has accepted the goods, therefore, indicating as control of the goods has been transferred to the customer. The transaction price is determined and allocated to the product prior to the transfer of the goods to the customer. The initial franchise services include a series of performance obligations and an indefinite license to use the Company’s trademark. The series of performance obligations are specific services and deliverables that are set forth in the agreement and are billed and receivable as delivered and accepted by the franchisee. These services and deliverables may be customized and are not transferable to other third parties. The royalty revenues are distinct from the initial franchise services. The Company recognizes royalty revenues only when the franchisee has generated positive annual net income, at which point the Company has the contractual right to request for payment of the royalty. The royalty is calculated as a percentage of the franchisees’ annual net income. The Company estimates potential returns and records such estimates against its gross revenue to arrive at its reported net sales revenue. The Company has not experienced any sales returns. Inventory Inventories, which are primarily comprised of finished goods for sale, are stated at the lower of cost or net realizable value, using the first-in first-out method. The Company evaluates the need for reserves associated with obsolete, slow-moving and non-salable inventory by reviewing net realizable values on a periodic basis. Only defects products can be return to our suppliers. Advertising The Company expenses advertising costs as incurred and includes it in G&A expenses. The Company recorded $78,894, $37,753 and $109,984 of advertising and promotional expenses for the years ended October 31, 2021, 2020 and 2019 respectively. Income Taxes Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry-forwards. Deferred tax expense (benefit) results from the net change during the years of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. A tax benefit from an uncertain tax position may be recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that the relevant taxing authority that has full knowledge of all relevant information will examine each uncertain tax position. Although the Company believes the estimates are reasonable, no assurance can be given that the final outcome of these matters will not be different than what is reflected in the historical income tax provisions and accruals. Earnings (loss) per share Basic income (loss) per share is computed by dividing net income (loss) attributable to the holders of ordinary shares by the weighted average number of ordinary shares outstanding during the year. Diluted income (loss) per share is calculated by dividing net income (loss) attributable to the holders of ordinary shares as adjusted for the effect of dilutive ordinary share equivalents, if any, by the weighted average number of ordinary shares and dilutive ordinary share equivalents outstanding during the period. However, ordinary share equivalents are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive, such as in a period in which a net loss is recorded. All per share amounts for all periods presented herein have been adjusted to reflect the Share Subdivision and 2 for 1 stock dividend on post-Share Subdivision basis. See Note 11. Property and Equipment & Depreciation Property and equipment are stated at historical cost net of accumulated depreciation. Repairs and maintenance are expensed as incurred. Property and equipment are depreciated on a straight-line basis over the following periods: Equipment 5 years Furniture and fixtures 5 years Motor vehicles 10 years Intangible Assets & Amortization Intangible assets are stated at historical cost net of accumulated amortization. Software are amortized on a straight-line basis over the estimated useful life of the software which is 3 years. Impairment of Long-lived assets The Company accounts for impairment of property and equipment and amortizable intangible assets in accordance with ASC 360, “Accounting for Impairment of Long-Lived Assets and Long-Lived Assets to be Disposed Of”, which requires the Company to evaluate a long-lived asset for recoverability when there is event or circumstance that indicate the carrying value of the asset may not be recoverable. An impairment loss is recognized when the carrying amount of a long-lived asset or asset group is not recoverable (when carrying amount exceeds the gross, undiscounted cash flows from use and disposition) and is measured as the excess of the carrying amount over the asset’s (or asset group’s) fair value. New Accounting Pronouncements In February of 2016, the FASB issued Accounting Standards Update No. 2016-02 (ASU 2016-02) “Leases (Topic 842)”. ASU 2016-02 requires a lessee to recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. ASU 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. For finance leases, a lessee is required to do the following: ● Recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position ● Recognize interest on the lease liability separately from amortization of the right-of-use asset in the statement of comprehensive income ● Classify repayments of the principal portion of the lease liability within financing activities and payments of interest on the lease liability and variable lease payments within operating activities in the statement of cash flows. For operating leases, a lessee is required to do the following: ● Recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position ● Recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term on a generally straight-line basis ● Classify all cash payments within operating activities in the statement of cash flows. In July 2018, the FASB issued Accounting Standards Update No. 2018-11 (ASU 2018-11), which amends ASC 842 so that entities may elect not to recast their comparative periods in transition (the “Comparatives Under 840 Option”). ASU 2018-11 allows entities to change their date of initial application to the beginning of the period of adoption. In doing so, entities would: ● Apply ASC 840 in the comparative periods. ● Provide the disclosures required by ASC 840 for all periods that continue to be presented in accordance with ASC 840. ● Recognize the effects of applying ASC 842 as a cumulative-effect adjustment to retained earnings for the period of adoption. In addition, the FASB also issued a series of amendments to ASU 2016-02 that address the transition methods available and clarify the guidance for lessor costs and other aspects of the new lease standard. Management will review the accounting pronouncements and plan to adopt the new standard on November 1, 2019 using the modified retrospective method of adoption. The transition method expedient which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. As a result of electing this transition method, prior periods will not be restated. The adoption of this ASU will result in the recording of additional lease assets and liabilities each with no effect to opening balance of retained earnings as the Company. In June 2016, the FASB issued an accounting pronouncement (FASB ASU 2016-13) related to the measurement of credit losses on financial instruments. This pronouncement, along with subsequent ASUs issued to clarify certain provisions of ASU 2016-13, changes the impairment model for most financial assets and will require the use of an “expected loss” model for instruments measured at amortized cost. Under this model, entities will be required to estimate the lifetime expected credit loss on such instruments and record an allowance to offset the amortized cost basis of the financial asset, resulting in a net presentation of the amount expected to be collected on the financial asset. In developing the estimate for lifetime expected credit loss, entities must incorporate historical experience, current conditions, and reasonable and supportable forecasts. This pronouncement is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2019. Management is currently evaluating the impact of this update to the consolidated financial statements. Management will evaluate if the current design for the allowance for loan loss methodology would comply with these new requirements. In October 2018, the FASB issued an accounting pronouncement (FASB ASU 2018-17) related to related party guidance for variable interest entities. The amendments in this pronouncement are effective for fiscal years beginning after December 15, 2019 and early adoption is permitted. Management does not expect it to have a material effect on the consolidated financial statements. In December 2019, the FASB issued an accounting pronouncement (FASB ASU 2019-12) related to simplifying the accounting for income taxes. The pronouncement is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. Management does not expect it to have a material effect on the consolidated financial statements.

Variable Interest Entities and

Variable Interest Entities and Other Consolidation Matters	12 Months Ended
	Oct. 31, 2021
Variable Interest Entities And Other Consolidation Matters [Abstract]
VARIABLE INTEREST ENTITIES AND OTHER CONSOLIDATION MATTERS	NOTE 3 – VARIABLE INTEREST ENTITIES AND OTHER CONSOLIDATION MATTERS On June 15, 2020, Jiuzi WFOE, Zhejiang Jiuzi and the Zhejiang Jiuzi Shareholders. The key terms of these VIE Agreements are summarized in “Note 1 - Organization and Principal Activities” above. VIE is an entity that has either a total equity investment that is insufficient to permit the entity to finance its activities without additional subordinated financial support, or whose equity investors lack the characteristics of a controlling financial interest, such as through voting rights, right to receive the expected residual returns of the entity or obligation to absorb the expected losses of the entity. The variable interest holder, if any, that has a controlling financial interest in a VIE is deemed to be the primary beneficiary and must consolidate the VIE. Jiuzi WFOE is deemed to have a controlling financial interest and be the primary beneficiary of Zhejiang Jiuzi and its subsidiaries, because it has both of the following characteristics: 1. power to direct activities of Zhejiang Jiuzi that most significantly impact its economic performance, and 2. obligation to absorb losses of the entity that could potentially be significant to Zhejiang Jiuzi or right to receive benefits from the entity that could potentially be significant to Zhejiang Jiuzi. In addition, as all of these VIE agreements are governed by PRC law and provide for the resolution of disputes through arbitration in the PRC, they would be interpreted in accordance with PRC law and any disputes would be resolved in accordance with PRC legal procedures. The legal environment in the PRC is not as developed as in other jurisdictions, such as the United States. As a result, uncertainties in the PRC legal system could further limit the Company’s ability to enforce these VIE agreements. Furthermore, these contracts may not be enforceable in China if PRC government authorities or courts take a view that such contracts contravene PRC laws and regulations or are otherwise not enforceable for public policy reasons. In the event the Company is unable to enforce these VIE Agreements, it may not be able to exert effective control over Zhejiang Jiuzi and its ability to conduct its business may be materially and adversely affected. All of the Company’s main current operations are conducted through Zhejiang Jiuzi and its subsidiaries. Current regulations in China permit Zhejiang Jiuzi to pay dividends to the Company only out of its accumulated distributable profits, if any, determined in accordance with their articles of association and PRC accounting standards and regulations. The ability of Zhejiang Jiuzi to make dividends and other payments to the Company may be restricted by factors including changes in applicable foreign exchange and other laws and regulations. Risks of variable interest entity structure In the opinion of management, (i) the corporate structure of the Company is in compliance with existing PRC laws and regulations; (ii) the VIE Arrangements are valid and binding, and do not result in any violation of PRC laws or regulations currently in effect; and (iii) the business operations of WFOE and the VIE are in compliance with existing PRC laws and regulations in all material respects. However, there are substantial uncertainties regarding the interpretation and application of current and future PRC laws and regulations. Accordingly, the Company cannot be assured that PRC regulatory authorities will not ultimately take a contrary view to the foregoing opinion of its management. If the current corporate structure of the Company or the VIE Arrangements is found to be in violation of any existing or future PRC laws and regulations, the Company may be required to restructure its corporate structure and operations in the PRC to comply with changing and new PRC laws and regulations. In the opinion of management, the likelihood of loss in respect of the Company’s current corporate structure or the VIE Arrangements is remote based on current facts and circumstances. The following financial information of the VIEs in the PRC are included in the accompanying consolidated financial statements as of and for the years ended October 31, 2021and 2020 October 31, October 31, Current assets Cash and cash equivalents 433,430 764,492 Short-term investment 1,180,772 - Accounts receivables 6,566 14,875 Accounts receivables – related parties 529,407 1,518,264 Due from related parties 372,759 173,643 Inventories 266,106 154,586 Advances to suppliers 1,594,278 569,023 Loans receivable from related parties, net - current portion, 9,673,893 2,999,261 Other receivables and other current assets 1,228,738 280,789 15,285,949 6,474,933 Non-current assets Property, plant and equipment, intangible assets 391,161 118,313 Operating lease right of use asset 846,200 - Loans receivable from related parties, non-current portion 4,136,657 5,308,919 Other non-current assets 558,702 2,349 5,932,720 5,429,581 Total assets of VIE 21,218,669 11,904,514 Current Liabilities Accruals and other payables 595,364 82,182 Accounts payable – related party 44,366 102,411 Accounts payable 15,695 872 Taxes payable 2,923,130 2,772,447 Operating lease liabilities - current 163,148 - Amounts due to non-VIE subsidiaries of the Company 5,237,265 - Contract liability 114,916 116,977 Contract liability – related party 164,804 614,449 9,258,688 3,689,338 Non-current liabilities Operating lease liabilities – non-current 537,432 - Deferred income 1,263,840 - 1,801,272 - Total liabilities of VIE 11,059,960 3,689,338 For the years ended October 31, October 31, October 31, Revenues 9,536,987 8,210,595 7,978,099 Net income 1,433,167 3,423,542 3,206,267 Net cash (used in) generated by operating activities (1,160,565 ) 515,297 (1,082,855 ) Net cash (used in) generated by investing activities (1,485,306 ) (26,288 ) (10,197 ) Net cash provided by financing activities 38,916 (164,056 ) 386,137 As of October 31, 2021 and 2020, the VIEs have $ nil nil As of October 31, 2021 and 2020, the VIEs have $5,237,265 and $ nil All material related party transactions are disclosed in Note 10, or elsewhere in these consolidated financial statements. For the years ended October 31, 2021 and 2020, the VIES have not entered into any transaction with other subsidiaries that are not VIEs. If and when such transaction incurs, such transaction would be eliminated upon consolidation. Under the contractual arrangements with the VIEs, the Company has the power to direct activities of the VIEs and can have assets transferred out of the VIEs under its control. Therefore, the Company considers that there is no asset in any of the VIEs that can be used only to settle obligations of the VIEs, except for registered capital and PRC statutory reserves. As all VIEs are incorporated as limited liability companies under the Company Law of the PRC, creditors of the VIEs do not have recourse to the general credit of the Company for any of the liabilities of the VIEs. The Company and its directly and indirectly wholly owned subsidiaries, Jiuzi (HK) and Jiuzi WFOE do not have any substantial assets or liabilities or result of operations. They were incorporated for the purpose of providing a tax efficient structure for the Zhejiang Jiuzi to raise additional capital for its development.

Inventory

Inventory	12 Months Ended
	Oct. 31, 2021
Inventory Disclosure [Abstract]
INVENTORY	NOTE 4 – INVENTORY Inventory, net comprised of the following: October 31, October 31, Finished goods 266,106 154,586 Total, net 266,106 154,586 Inventory write-down expense was $ nil nil nil

Accounts Receivables

Accounts Receivables	12 Months Ended
	Oct. 31, 2021
Credit Loss, Additional Improvements [Abstract]
ACCOUNTS RECEIVABLES	NOTE 5 – ACCOUNTS RECEIVABLES Accounts receivables, net is comprised of the following: October 31, October 31, Accounts receivables 6,566 14,875 Allowance for doubtful accounts - - Total, net 6,566 14,875 October 31, October 31, Accounts receivables-related parties 547,865 1,571,991 Allowance for doubtful accounts (18,458 ) (53,727 ) Total, net 529,407 1,518,264 The following is a summary of the activity in the allowance for doubtful accounts: October 31, October 31, Balance at beginning of year 53,727 42,253 Provision - 8,906 Charge-offs - - Recoveries (37,591 ) - Effect of translation adjustment 2,322 2,568 Balance at end of year 18,458 53,727 Bad debt expense/(recoveries) was ($35,269), $11,474 and $32,717 for the years ended October 31, 2021, 2020 and 2019, respectively.

Short-Term Investment

Short-Term Investment	12 Months Ended
	Oct. 31, 2021
Disclosure Text Block Supplement [Abstract]
SHORT-TERM INVESTMENT	NOTE 6 – SHORT-TERM INVESTMENT The following table summarizes the Company’s short-term investment: As of October 31, 2021 Level 1 Level 2 Level 3 Total Bank Wealth Management - 1,024,443 - 1,024,443 Securities - 156,329 - 156,329 - 1,180,772 - 1,180,772 As of October 31, 2020 Level 1 Level 2 Level 3 Total Bank Wealth Management - - - - Securities - - - - - - - -

Loans Receivables

Loans Receivables	12 Months Ended
	Oct. 31, 2021
Receivables [Abstract]
LOANS RECEIVABLES	NOTE 7 – LOANS RECEIVABLES Loans receivables include amounts due from related franchisees and are presented net of imputed interest and an allowance for estimated loan losses. The loans are provided in the form of credit line to related franchisee to support their operations. These loans are unsecured with a due date of 18 months upon initial drawing. Management has determined that the 18-month borrowing rate most appropriately capture the financing cost for these loans. Given that the loans are in the forms of credit lines to the franchisees that may have varying balances over time, as a practical expedient, management has elected to the expense the interest as a cost of revenue at inception rather than amortize over time. The amounts charged were $724,337, $755,707 and $382,084 for the years ended October 31, 2021, 2020 and 2019, respectively. The allowance for loan losses represents an estimate of the amount of net losses inherent in our portfolio of managed receivables as of the applicable reporting date and expected to become evident during the following 12 months. Each lending request is evaluated by considering the borrower’s financial condition. The Company uses a proprietary model to assign each franchisee a risk rating. This model uses historical franchisee performance data to identify key factors about a franchisee that are considered most significant in predicting a franchisee’s ability to meet its financial obligations. The Company also considers numerous other financial and qualitative factors of the franchisee’s operations, including capitalization and leverage, liquidity and cash flow, profitability, and credit history with the Company and other creditors. The Company also consider recent trends in delinquencies and defaults, recovery rates and the economic environment in assessing the models used in estimating the allowance for loan losses, and may adjust the allowance for loan losses to reflect factors that may not be captured in the models. In addition, the Company periodically consider whether the use of additional metrics would result in improved model performance and revise the models when appropriate. The provision for loan losses is the periodic expense of maintaining an adequate allowance. An account is considered delinquent when the related franchisee fails to make a substantial portion of a scheduled payment 3 months after the due date. For purposes of determining impairment, loans are evaluated collectively, as they represent a large group of smaller-balance homogeneous loans, and therefore, are not individually evaluated for impairment. As these loans are non-interest bearing, the Company recorded a discount to the face amount using an imputed interest rate of 11.75% for the years ended October 31, 2021 and 2020 to reflect the fair value of the loan at origination. The imputed interest rate reflects the borrowing rate in the market under similar terms and duration. Direct costs associated with loan originations are not considered material, and thus, are expensed as incurred. October 31, October 31, Loan to related franchisees, gross 16,591,780 9,974,576 Discount based on imputed interest rate of 11.75% (1,949,060 ) (1,167,634 ) Loan to related franchisees, net of discount 14,642,720 8,806,942 October 31, October 31, Loan to related franchisees, net of discount 14,642,720 8,806,942 Provision for credit losses (832,170 ) (498,762 ) Loan to related franchisees, net of discount and allowance 13,810,550 8,308,180 The following is a summary of the activity in the allowance for credit loss: October 31, October 31, Balance at beginning of year 498,762 193,634 Provision 409,762 293,362 Charge-offs - - Recoveries (100,739 ) - Effect of translation adjustment 24,385 11,766 Balance at end of year 832,170 498,762 Credit loss was $1,054,774, $305,128 and $61,277 for the years ended October 31, 2021, 2020 and 2019, respectively. The following is a summary of current and non-current loan receivables, net of allowance for credit losses: October 31, October 31, Loan to related franchisees, net of discount and allowances, current 9,673,893 2,999,261 Loan to related franchisees, net of discount and allowances, non-current 4,136,657 5,308,919 13,810,550 8,308,180 Credit Quality The Company extends credit to related franchisees primarily in the form of lines of credit to purchase vehicles and support their daily operations. Each of the franchisees are assigned to one of nine groups according to risk ratings with Group 1 demonstrating the strongest financial metrics, including performance and repayment ability and Group IX demonstrating the weakest financial metrics. Generally, the company suspends credit lines and does not extend further funding to franchisee who are unable to repay the balance within 3 months after the 18-month deadline. The Company regularly reviews the model to confirm the continued business significance and statistical predictability of the model and may make updates to improve the performance of the model. In addition, the Company regularly audits the related franchisee’s inventory and sales records to verify the franchisee’s performance. Based on the results of monitoring the franchisee’s performance, including daily payment verifications and monthly analysis of the franchisee’s financial statements, payoffs, aged inventory, over credit line and delinquency reports, the Company can adjust the franchisee’s risk rating, if necessary. The credit quality of the loans receivables is evaluated based on our internal risk rating analysis. A franchisee has the same risk rating for its entire financing regardless of the type and timing of financing. The credit quality analysis of franchisee loan receivables at October 31 was as follows: October 31, October 31, Franchisee Financing: Group I - 11,030 Group II 90,538 107,763 Group III - 212,995 Group IV - 209,190 Group V 745,393 667,440 Group VI 9,211,326 4,608,741 Group VII 62,084 - Group VIII - 814,780 Group IX 365,070 - Group X 255,593 445,044 Group XI 518,378 - Group XII 96,926 330,210 Group XIII 740,337 228,800 Group XIV 2,557,075 413,495 Group XV - 227,657 Group XVI - 529,797 Balance at end of year 14,642,720 8,806,942

Property & Equipment

Property & Equipment	12 Months Ended
	Oct. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY & EQUIPMENT	NOTE 8 – PROPERTY & EQUIPMENT Property and equipment, net comprised of the following: October 31, October 31, At Cost: Equipment 74,114 41,152 Motor vehicles 371,436 44,418 Leasehold Improvement 30,397 29,599 Furniture and fixtures 8,998 7,972 484,945 123,141 Less: Accumulated depreciation 111,837 21,264 Total, net 373,108 101,877 Depreciation expenses was $89,207, $8,504 and $8,582 for the years ended October 31, 2021, 2020 and 2019, respectively.

Intangible Assets

Intangible Assets	12 Months Ended
	Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 9 – INTANGIBLE ASSETS Intangible assets, net comprised of the following: October 31, October 31, At Cost: Financial software 17,196 16,436 Domain name 3,068 - 20,264 16,436 Less: Accumulated Amortization 2,211 - Total, net 18,053 16,436 Amortization expenses was $2,201 $ nil nil

Related Party Transactions

Related Party Transactions	12 Months Ended
	Oct. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 10 – RELATED PARTY TRANSACTIONS The franchisees are related parties of the Company due to the nominal, symbolic equity interest ownership in the franchisees. The franchisees were originally incorporated with the Company shown as a 51.0% owner and subsequently as a 1.25% owner. The intent of having such ownership percentage in the franchisees was to enable the franchisees to register their respective individual business name to include the words “Jiuzi” as required by the local business bureau. Subsequent to the successful registration by the franchisees and completion of the Company’s obligations under the franchise and license agreement, the Company will decrease its ownership interest in these franchisees to 0%. The Company’s percentage of shareholding is nominal, inconsequential, and symbolic. The Company’s equity interest of 51.0% and 1.25% in the franchisees were symbolic in nature. The Company did not and does not control the franchisees, exert significant influence over the franchisees, have the power to direct the use of the franchisee’s assets and the fulfillment of their obligations, appoint or dismiss directors, authorized representatives, or executive officers of the franchisees. Management has also determined that the percentage shareholding in the franchisee is not compensatory to the Company in nature, and accordingly, would not be subject to consideration as income under revenue recognition criteria. The Company did not contribute any permanent equity capital in these franchisees and if these franchisees were to incur substantial losses and accumulate significant liabilities, the Company is not obligated to absorb such losses on behalf of the franchisees. Accordingly, the management has determined that the financial positions and results of operations of these franchisees should not be included as part of the Company’s consolidated financial statements. In addition, the Company did not and will not receive any actual ownership interest in the franchisees, nor receive any benefits from being a 51% or 1.25% owner in the franchisees. Any after tax profits generated by the franchisees that are potentially distributable to the Company are governed by the royalty agreements between the Company and the franchisee not the shareholding percentage. Accordingly, the management has determined that the ownership interest is not part of the initial franchise fee. Accounts receivable from related franchisees comprised of the following: October 31, October 31, Pingxiang Jiuzi New Energy Automobile Co., Ltd 2,490 163,310 Yichun Jiuzi New Energy Automobile Co., Ltd 167,468 294,547 Puyang Guozheng New Energy Vehicle Sales Co., Ltd 54,144 51,752 Wanzai Jiuzi New Energy Automobile Co., Ltd 78,384 179,515 Xinyu Jiuzi New Energy Automobile Co., Ltd 151,253 308,934 Liuyang Jiuzi New Energy Automobile Co., Ltd - 133,501 Yudu Jiuzi New Energy Automobile Co., Ltd - 84,393 Gao’an Jiuzi New Energy Automobile Co., Ltd 36,847 35,219 Jiujiang Jiuzi New Energy Automobile Co., Ltd - 52,720 Pingjiang Jiuzi New Energy Automobile Co., Ltd - 37,587 Quanzhou Jiuzi New Energy Automobile Co., Ltd 20,135 34,188 Loudi Jiuzi New Energy Automobile Co., Ltd - 89,728 Huaihua Jiuzi New Energy Automobile Co., Ltd - 7,471 Xuzhou Jiuzi New Energy Automobile Co., Ltd - 17,184 Guangzhou Jiuzi New Energy Vehicle Co., Ltd - - Dongming Jiuzi New Energy Automobile Co., Ltd 9,849 59,560 Yulin Jiuzi New Energy Automobile Co., Ltd 27,295 22,382 Total 547,865 1,571,991 Accounts receivables above derived from sales of vehicles supplied to the Company’s franchisees without any special payment terms. Sales revenues from related parties’ franchisees were $88,851, $139,780 and $503,771 for the years ended October 31, 2021, 2020 and 2019 respectively. Loan to related franchisees is comprised of the following (see note 6 for details): October 31, 2021 October 31, 2020 Gross Discount Net Gross Discount Net Jiangsu Changshu $ 268,886 $ 31,587 $ 237,299 $ 293,197 $ 34,442 $ 258,755 Shandong Dongming 596,145 70,030 526,115 359,627 42,246 317,381 Jiangxi Gao’an 495,861 58,250 437,611 338,048 39,711 298,337 Hunan Huaihua 294,331 34,575 259,756 259,255 30,455 228,800 Jiangxi Jiujiang 446,122 52,407 393,715 333,037 39,122 293,915 Hunan Liuyang 580,250 68,163 512,087 344,683 40,490 304,193 Hunan Loudi 583,945 68,597 515,348 312,224 36,677 275,547 Hunan Pingjiang 564,977 66,369 498,608 334,655 39,312 295,343 Jiangxi Pingxiang 694,826 81,622 613,204 368,137 43,246 324,891 Henan Puyang 982,189 115,379 866,810 432,805 50,842 381,963 Fujian Quanzhou 439,717 51,654 388,063 383,604 45,063 338,541 Jiangxi Wanzai 557,532 65,494 492,038 228,316 26,821 201,495 Jiangxi Xinyu 1,191,815 140,004 1,051,811 363,489 42,700 320,789 Jiangxi Yichun 102,590 12,051 90,539 380,070 44,647 335,423 Jiangxi Yudu 555,343 65,236 490,107 234,770 27,579 207,191 Guangxi Rongxian - - - 353,381 41,512 311,869 Guangdong Zengcheng 544,391 63,950 480,441 516,780 60,707 456,073 Jiangxi Shanggao 425,216 49,950 375,266 107,165 14,344 92,821 Shandong Heze 750,382 88,148 662,234 401,660 43,091 358,569 Jiangxi Ganzhou 122,834 14,429 108,405 117,406 12,037 105,369 Anhui Fuyang 31,266 3,672 27,594 30,132 3,540 26,592 Hunan Liling 75,443 8,862 66,581 - - - Hunan Zhuzhou 109,828 12,902 96,926 78,826 9,260 69,566 Hunan Changsha - - - 3,404 400 3,004 Guangxi Guilin - - - 1,420 167 1,253 Hunan Xiangtan - - - - - - Hunan Chenzhou 556,864 65,416 491,448 237,035 27,845 209,190 Jiangxi Ji’an 513,019 60,265 452,754 326,525 38,357 288,168 Guangxi Nanning 183,322 21,535 161,787 164,762 19,355 145,407 Hunan Leiyang 316,450 37,174 279,276 283,849 33,344 250,505 Guangxi Liuzhou - - - 8,995 1,057 7,938 Hunan Ningxiang - - - 4,602 541 4,061 Guangdong Dongguan Changping 262,089 30,788 231,301 210,863 24,770 186,093 Hunan Changsha County 70,348 8,264 62,084 129,668 15,232 114,436 Henan Zhengzhou - - - 1,420 167 1,253 Guangdong Dongguan Nancheng - - - 6,784 797 5,987 Anhui Huaibei - - - 3,452 405 3,047 Guangdong Humen - - - 1,674 197 1,477 Guizhou Zunyi 174,745 20,528 154,217 130,415 15,320 115,095 Jiangsu Xuzhou 264,134 31,028 233,106 311,006 36,534 274,472 Henan Xinxiang - - - 2,690 316 2,374 Henan Anyang - - - 5,248 617 4,631 Jiangxi Nanchang - - - 8,997 1,057 7,940 Zhejiang Lishui - - - 2,962 348 2,614 Jiangxi Shangrao - - - 14,105 1,657 12,448 Hubei Macheng - - - 9,025 1,060 7,965 Hunan Yongxing 229,312 26,938 202,374 289,310 33,986 255,324 Hunan Hengyang 96,830 11,375 85,455 74,711 8,776 65,935 Anhui Haozhou - - - 7,860 923 6,937 Anhui Suzhou - - - 6,395 751 5,644 Anhui Bengbu - - - 5,065 595 4,470 Hunan Xiangxiang - - - 4,483 527 3,956 Fujian Fuzhou - - - 2,660 312 2,348 Hunan Changsha Furong - - - 2,630 309 2,321 Hainan Sanya 83,542 9,814 73,728 7,172 843 6,329 Hunan Changsha Yuhua 281,393 33,056 248,337 118,163 13,881 104,282 Hunan Yongfeng - - - 13,448 1,580 11,868 Anhui Suixi - - - 10,101 1,187 8,914 Shandong Liangshan - - - 47,098 5,533 41,565 Shandong Dingtao 312,659 36,728 275,931 47,098 5,533 41,565 Shandong Yuncheng 406,457 47,747 358,710 241,346 28,351 212,995 Shandong Heze Gaoxin 62,532 7,346 55,186 7,860 923 6,937 Shandong Zouping 56,279 6,611 49,668 47,098 5,533 41,565 Hunan Yongzhou - - - 7,860 923 6,937 Shandong Juye 470,114 55,225 414,889 312,859 36,752 276,107 Shandong Juancheng 434,596 51,053 383,543 39,238 4,609 34,629 Shandong Shanxian 329,855 38,749 291,106 - - - Jiangxi Zhangshu 45,336 5,326 40,010 173,358 20,365 152,993 Hunan Yiyang - - - - - - Guangdong Guangzhou Zengcheng No.2 - - - - - - Guangdong Guangzhou Baiyun - - - - - - Guangdong Foshan 110,447 12,974 97,473 60,740 7,135 53,605 Anhui Suzhou Dangshan - - - - - - Jiangxi Jingdezhen 18,760 2,204 16,556 7,855 920 6,935 Jiangxi Tonggu - - - - - - Guangxi Yulin 398,554 46,819 351,735 - - - Shandong Heze Cao County 500,254 58,766 441,488 - - - Total $ 16,591,780 $ 1,949,060 $ 14,642,720 $ 9,974,576 $ 1,167,634 $ 8,806,942 The advances paid above are derived from funds advanced to the Company’s franchisees as working capital to support its operations. Such advances are due within 18 months. Accounts payable to related parties’ franchisees comprised of the following: October 31, October 31, Guangzhou - 16,228 Hunan Liling - 1,108 Hunan Xiangtan - 5,588 Jiangxi Tonggu - 206 Shandong Shanxian - 5,588 Hunan Yiyang - 5,588 Guangdong Guangzhou Zengcheng No.2 - 5,588 Guangdong Guangzhou Baiyun - 5,588 Anhui Suzhou Dangshan - 5,588 Hunan Liuyang 13,898 25,058 Jiangxi Wanzai 8,754 8,368 Hunan Huaihua 18,744 17,915 Jiangxi Xinyu 2,970 - Total 44,366 102,411 Accounts payable above derived from vehicles purchased by the Company from the franchisees as inventory on a needed basis without any special payment terms. Contract liability – related party comprised of the following: October 31, October 31, Deferred revenues-franchisees 81,474 614,449 Deferred revenues-deposit 83,330 - Total, net 164,804 614,449 Deferred revenues from related franchisees comprised of the following: October 31, October 31, Jiangxi Yichun - 14,942 Henan Puyang - 10,460 Jiangxi Shanggao - 66,642 Jiangxi Ganzhou - 1,494 Hunan Zhuzhou - 2,690 Hunan Chenzhou Yongxing - 5,977 Jiangxi Ji’an - 86,665 Jiangxi Ji’an Yongfeng - 1,195 Guangxi Nanning - 5,977 Hunan Leiyang - 13,448 Dongguan Changping - 127,009 Dongguan Humen - 897 Guizhou Zunyi - 1,644 Hunan Changsha - 3,437 Hunan Changsha County - 3,313 Dongguan Nancheng - 1,195 Anhui Huaibei - 12,701 Hunan Hengyang - 2,391 Guangxi Beihai - 7,471 Hainan Haikou - 22,413 Henan Xinxiang - 7,471 Henan Anyang - 14,942 Henan Wenxian - 75 Hunan Liling - 7,023 Zhejiang Lishui - 23,160 Guangxi Liuzhou - 3,736 Hunan Miluo - 4,483 Guangzhou Panyu - 7,471 Hunan Shaoyang - 44,827 Hunan Wangcheng - 15,839 Hainan Sanya 48,462 1,494 Hunan Xiangxiang - 37,355 Hunan Changsha Furong 4,299 1,195 Guangdong Foshan - 2,988 Anhui Suzhou - 1,270 Anhui Suzhou Dangshan - 299 Anhui Suixi - 1,195 Anhui Bengbu - 1,195 Hunan Zhangjiajie - 18,678 Hunan Yueyang 4,299 7,471 Fujian Fuzhou - 897 Shandong Heze Yuncheng - 7,471 Shandong Juancheng - 4,184 Jiangxi Zhangshu - 1,494 Jiangxi Shangrao - 6,275 Hunan Jishou 1,563 - Zhejiang Hangzhou Xiaoshan 4,220 - Hunan Yueyang Xiangyin 4,299 - Guangdong Zhongshan 14,332 - Jiangsu Xuzhou - - Total 81,474 614,449 The deferred revenues above derived from initial franchise fees payments received in advance for services which have not yet been performed. The initial franchise fees include a series of performance obligations and an indefinite license to use the Company’s trademark. Amounts are recognized as advances when received, and are recognized as deferred revenues when the minimum amount required under the franchise or license agreement is attained. The payments are received in advance progressively and are not refundable once the required amount is attained. Such amounts are recognized as revenues when the Company performed the initial services required under the franchise or license agreement, which is generally when a specific performance obligation is completed or when and if the franchise or license agreement is terminated. Advance received from related franchisees for purchase car deposits comprised of the following: October 31, October 31, Guangxi Yulin 46,898 - Hunan Huaihua 36,432 - Total, net 83,330 - The amount derived from initial franchise deposit received in advance for purchase car. Amounts are recognized as advances when received, and are recognized as revenues when the performance of obligation has completed. Related parties receivables comprised of the following: October 31, October 31, Mr. Shuibo Zhang 296,252 147,593 Mr. Qi Zhang 38,806 26,050 Mr. Ruchun Huang 32,491 - Total 367,549 173,643 As of October 31, 2021 and 2020, the Company has an outstanding receivable of $296,252 and $147,593, respectively, from Mr. Shuibo Zhang, the Company’s shareholder, director, and office. The amount was advanced to Mr. Zhang for business purposes. The advances were considered due on demand in nature and have not been formalized by a promissory note and are non-interest bearing. As of October 31, 2021 and 2020, the Company has an outstanding receivable of $38,806 and $26,050, respectively, from Mr. Qi Zhang, the vice president of marketing department. The amount was advanced to Mr. Zhang for business purposes. The advances were considered due on demand in nature and have not been formalized by a promissory note and are non-interest bearing and due on demand without a specified maturity date. As of October 31, 2021 and 2020, the Company has an outstanding receivable of $32,491 and $0, respectively, from Mr. Ruchun Huang, the Shangli Jiuzi New Energy Vehicle Co., Ltd.’s legal representative. The amount was advanced to Mr. Huang for business purposes. The advances were considered due on demand in nature and have not been formalized by a promissory note and are non-interest bearing.

Deferred Income

Deferred Income	12 Months Ended
	Oct. 31, 2021
Deferred Income [Abstract]
DEFERRED INCOME	NOTE 11 – DEFERRED INCOME Deferred income comprised of the following government grants which have not yet been earned: October 31, October 31, Subsidy for the maintenance and repair of the office 341,580 - Rent subsidy for office 922,260 - Total 1,263,840 -

Leases

Leases	12 Months Ended
	Oct. 31, 2021
Disclosure Text Block [Abstract]
LEASES	NOTE 12 – LEASES The Company has one operating leases for its corporate office and retail store. The current lease agreement was signed to cover the lease for the period from August 1, 2021 to July 31, 2026. The company will receive the subsidy from PRC government. Operating lease right-of-use assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. The discount rate used to calculate present value is incremental borrowing rate or, if available, the rate implicit in the lease. The Company determines the incremental borrowing rate for each lease based primarily on its lease term in PRC which is approximately 4.75%. Operating lease expenses were $83,639, $55,265 and $ nil As of October 31, 2021 and October 31, 2020, the outstanding operating leases are below the Company’s threshold for capitalizing assets. As such, no right of use assets and liabilities were recognized under ASU 842. The components of lease expense and supplemental cash flow information related to leases for the period are as follows: Year Ended Lease Cost October 31, Operating lease cost (included in general and administrative expenses in the Company’s statement of operations) $ 48,332 Other Information Cash paid for amounts included in the measurement of lease liabilities for the year ended December 31, 2020 $ - Weighted average remaining lease term – operating leases (in years) 4.75 Average discount rate – operating lease 4.75 % The supplemental balance sheet information related to leases for the period is as follows: As of October 31, Operating leases Right-of-use assets $ 846,200 Operating lease liabilities $ 700,580 The undiscounted future minimum lease payment schedule as follows: For the years ending October 31, 2022 194,160 2023 194,160 2024 194,160 2025 194,160 Total 776,640

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Oct. 31, 2021
Stockholders' Equity Note [Abstract]
SHAREHOLDERS’ EQUITY	NOTE 13 – SHAREHOLDERS’ EQUITY As of October 31, 2020 and 2019, the Company had 1,000,000 shares issued and outstanding. On October 31, 2020, pursuant to a special resolution adopted by its shareholders to amend and restate the memorandum and articles of associations, the Company conducted a subdivision of its par value with each share of a par value of $0.005 of the authorized share capital of the Company (including issued and unissued share capital) be subdivided into 5 shares of a par value of $0.001 each (the “Share Subdivision”). Immediately following the Share Subdivision, the authorized share capital of the Company was $50,000 divided into 50,000,000 shares of a par value of $0.001 each, and the total issued and outstanding shares were 5,000,000. Subsequent to the Share Subdivision, the Company increased its authorized share capital from 50,000,000 shares to 150,000,000 shares with a par value of $0.001 per share, and issued a stock dividend on 2 for 1 on post-Share Subdivision basis, whereby each shareholder holding 1 share of the 5,000,000 shares outstanding immediately preceding this stock dividend was issued an additional 2 shares; therefore, a total of 10,000,000 shares were issued; immediately following this transaction, there were a total of 15,000,000 shares issued and outstanding. All shares and per share amounts for all periods presented herein have been adjusted to reflect the Share Subdivision and stock dividend as if it had occurred at the beginning of the first period presented. On May 20, 2021, we issued 5,200,000 ordinary shares to the investors in connection with the closing of the initial public offering at the offering price of $5.00 per share.

Segments and Geographic Informa

Segments and Geographic Information	12 Months Ended
	Oct. 31, 2021
Segment Reporting [Abstract]
SEGMENTS AND GEOGRAPHIC INFORMATION	NOTE 14 – SEGMENTS AND GEOGRAPHIC INFORMATION The Company believes that it operates in two business segments which comprised of sales of NEVs and franchise services; and it operates in one geographical location China. The Company disaggregates its revenue into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Sales of goods revenues comprised of sales of vehicles to third party customers and to the franchisees. Franchise services revenues comprised of initial fees and ongoing royalties from the franchisees. Under the franchise arrangement, franchisees are granted the right to operate retail store using the Company’s Jiuzi brand and system. Sales revenues comprised of the following: Years Ended October 31, October 31, October 31, NEVs sales 1,443,917 15 % 398,613 5 % 1,343,515 17 % Franchisees service revenues 8,093,070 85 % 7,811,982 95 % 6,634,584 83 % Total 9,536,987 100 % 8,210,595 100 % 7,978,099 100 % Direct costs comprised of the following: Years Ended October 31, October 31, October 31, NEVs sales 1,400,211 29 % 366,523 17 % 1,346,436 43 % Franchisees service revenues 3,509,493 71 % 1,824,245 83 % 1,769,740 57 % Total 4,909,704 100 % 2,190,768 100 % 3,116,176 100 % Gross profit (loss) comprised of the following: Years Ended October 31, October 31, October 31, NEVs sales 43,706 1 % 32,090 1 % (2,921 ) 0 % Franchisees service revenues 4,583,577 99 % 5,987,737 99 % 4,864,844 100 % Total 4,627,283 - 6,019,827 - 4,861,923 -

Income Tax

Income Tax	12 Months Ended
	Oct. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAX	NOTE 15 – INCOME TAX The Company is subject to profits tax rate at 25% for income generated for its operation in China and net operating losses can be carried forward for no longer than five years starting from the year subsequent to the year in which the loss was incurred. The net taxable income (losses) before income taxes and its provision for income taxes comprised of the following: Years Ended October 31, October 31, October 31, Income / (loss) attributed to China 2,002,809 3,839,535 3,747,049 PRC statutory tax rate 25 % 25 % 25 % Income tax expense at statutory rate 500,702 959,884 936,762 Reconciliation 46,123 14,509 (395,980 ) Income tax expense/ (benefit) 546,825 974,393 540,782

Concentrations, Risks and Uncer

Concentrations, Risks and Uncertainties	12 Months Ended
	Oct. 31, 2021
Risks and Uncertainties [Abstract]
CONCENTRATIONS, RISKS AND UNCERTAINTIES	NOTE 16 – CONCENTRATIONS, RISKS AND UNCERTAINTIES Credit risk Cash deposits with banks are held in financial institutions in China, which deposits are not federally insured. Accordingly, the Company has a concentration of credit risk related to the uninsured part of bank deposits. The Company has not experienced any losses in such accounts and believes it is not exposed to significant credit risk. Concentration The Company has a concentration risk related to suppliers and customers. Failure to maintain existing relationships with the suppliers or customers to establish new relationships in the future could negatively affect the Company’s ability to obtain goods sold to customers in a price advantage and timely manner. If the Company is unable to obtain ample supply of goods from existing suppliers or alternative sources of supply, the Company may be unable to satisfy the orders from its customers, which could materially and adversely affect revenues. The concentration on sales revenues generated by customers type comprised of the following: Years Ended October 31, October 31, October 31, Third party sales revenues 1,355,066 15 % 258,833 3 % 839,744 11 % Related party sales revenues 88,851 1 % 139,780 2 % 503,771 6 % Third party franchise revenues 251,359 3 % - - % - - % Related party franchise revenues 7,841,711 81 % 7,811,982 95 % 6,634,584 83 % Total 9,536,987 100 % 8,210,595 100 % 7,978,099 100 % The concentration of sales revenues generated by third-party customers comprised of the following: Years Ended October 31, October 31, October 31, 2021 2020 2019 Customer A - - 24,842 10 % Customer B - - 20,453 8 % Customer C - - 20,425 8 % Customer D - - 20,393 8 % Customer E - - 102,940 12 % Customer F - - 79,740 9 % Customer G - - 53,864 7 % Customer H 408,577 30 % Customer I 799,865 59 % Customer J 72,513 5 % Total 1,280,955 94 % 86,113 34 % 236,544 28 %

Subsequent Events

Subsequent Events	12 Months Ended
	Oct. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 17 – SUBSEQUENT EVENTS The Company evaluates subsequent events that have occurred after the balance sheet date but before the financial statements are issued. Subsequent to the date the financial statements were available to be issued. There was no other subsequent event that would require disclosure to or adjustment to the financial statements other than disclosed below. Guangxi Nanning Direct Train New Energy Technology Co., Ltd was incorporated on December 31, 2021 in PRC.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Oct. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”).
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its subsidiary. Significant inter-company transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Actual results and outcomes may differ from management’s estimates and assumptions. In particular, the novel coronavirus (“COVID-19”) pandemic and the resulting adverse impacts to global economic conditions, as well as our operations, may impact future estimates including, but not limited to, our allowance for loan losses, inventory valuations, fair value measurements, asset impairment charges and discount rate assumptions. Certain prior year amounts have been reclassified to conform to the current year’s presentation. Amounts and percentages may not total due to rounding.
Functional and presentation currency	Functional and presentation currency The functional currency of the Company is the currency of the primary economic environment in which the Company operates which is Chinese Yuan (“RMB”). Transactions in currencies other than the entity’s functional currency are recorded at the rates of exchange prevailing on the date of the transaction. At the end of each reporting period, monetary items denominated in foreign currencies are translated at the rates prevailing at the end of the reporting periods. Exchange differences arising on the settlement of monetary items and on translation of monetary items at period-end are included in income statement of the period. For the purpose of presenting these financial statements, the Company’s assets and liabilities are expressed in US$ at the exchange rate on the balance sheet date, stockholder’s equity accounts are translated at historical rates, and income and expense items are translated at the weighted average exchange rate during the period. The resulting translation adjustments are reported under accumulated other comprehensive income in the stockholder’s equity section of the balance sheets. Exchange rate used for the translation as follows: US$ to RMB Period End Average October 31, 2021 6.39675 6.42420 October 31, 2020 6.69247 6.41640 October 31, 2019 7.0992 6.8905
Fair Values of Financial Instruments	Fair Values of Financial Instruments The Company adopted ASC 820 “Fair Value Measurements,” which defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosures requirements for fair value measures. Current assets and current liabilities qualified as financial instruments and management believes their carrying amounts are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and if applicable, their current interest rate is equivalent to interest rates currently available. The three levels are defined as follow: ● Level 1 — inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 — inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 — inputs to the valuation methodology are unobservable and significant to the fair value. As of the balance sheet date, the estimated fair values of the financial instruments approximated their fair values due to the short-term nature of these instruments. Determining which category an asset or liability falls within the hierarchy requires significant judgment. The Company evaluates the hierarchy disclosures each year.
Related parties	Related parties The Company adopted ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.
Cash and Equivalents	Cash and Equivalents The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Accounts Receivable	Accounts Receivable Accounts receivable are recorded at the net value less estimates for expected credit losses. Management regularly reviews outstanding accounts and provides an allowance for doubtful accounts. When collection of the original invoice amounts is no longer probable, the Company will either partially or fully write-off the balance against the allowance for doubtful accounts.
Short-term investments	Short-term investments Short-term investments consist primarily of investments in fixed deposits with original maturities between three months and one year and certain investments in wealth management products and other investments that the Company has the intention to redeem within one year. As of October 31, 2020 and 2021, the investments in bank wealth management and security that were recorded as short-term investments amounted to $1,180,772 and $ nil
Loans Receivable	Loans Receivable Loans receivable are recorded at origination at the fair value less estimates for expected credit losses. Management regularly reviews outstanding accounts and provides an allowance for credit losses. When collection of the original amounts is no longer probable, the Company will either partially or fully write-off the balance against the allowance for credit losses.
Revenue Recognition	Revenue Recognition In 2014, the FASB issued guidance on revenue recognition (“ASC 606”), with final amendments issued in 2016. The underlying principle of ASC 606 is to recognize revenue to depict the transfer of goods or services to customers at the amount expected to be collected. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The Company has concluded that the new guidance did not require any significant change to its revenue recognition processes. The Company’s revenues consist of sales of vehicle by the Company’s own corporate retail store to third party customers, sales of vehicle to franchisees as a supplier, and fees from retail stores operated by franchisees. Revenues from franchised stores include initial franchise fees and annual royalties based on a percent of net incomes. The Company recognizes sales of vehicle revenues at the point in time when the Company has transferred physical possession of the goods to the customer and the customer has accepted the goods, therefore, indicating as control of the goods has been transferred to the customer. The transaction price is determined and allocated to the product prior to the transfer of the goods to the customer. The initial franchise services include a series of performance obligations and an indefinite license to use the Company’s trademark. The series of performance obligations are specific services and deliverables that are set forth in the agreement and are billed and receivable as delivered and accepted by the franchisee. These services and deliverables may be customized and are not transferable to other third parties. The royalty revenues are distinct from the initial franchise services. The Company recognizes royalty revenues only when the franchisee has generated positive annual net income, at which point the Company has the contractual right to request for payment of the royalty. The royalty is calculated as a percentage of the franchisees’ annual net income. The Company estimates potential returns and records such estimates against its gross revenue to arrive at its reported net sales revenue. The Company has not experienced any sales returns.
Inventory	Inventory Inventories, which are primarily comprised of finished goods for sale, are stated at the lower of cost or net realizable value, using the first-in first-out method. The Company evaluates the need for reserves associated with obsolete, slow-moving and non-salable inventory by reviewing net realizable values on a periodic basis. Only defects products can be return to our suppliers.
Advertising	Advertising The Company expenses advertising costs as incurred and includes it in G&A expenses. The Company recorded $78,894, $37,753 and $109,984 of advertising and promotional expenses for the years ended October 31, 2021, 2020 and 2019 respectively.
Income Taxes	Income Taxes Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry-forwards. Deferred tax expense (benefit) results from the net change during the years of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. A tax benefit from an uncertain tax position may be recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that the relevant taxing authority that has full knowledge of all relevant information will examine each uncertain tax position. Although the Company believes the estimates are reasonable, no assurance can be given that the final outcome of these matters will not be different than what is reflected in the historical income tax provisions and accruals.
Earnings (loss) per share	Earnings (loss) per share Basic income (loss) per share is computed by dividing net income (loss) attributable to the holders of ordinary shares by the weighted average number of ordinary shares outstanding during the year. Diluted income (loss) per share is calculated by dividing net income (loss) attributable to the holders of ordinary shares as adjusted for the effect of dilutive ordinary share equivalents, if any, by the weighted average number of ordinary shares and dilutive ordinary share equivalents outstanding during the period. However, ordinary share equivalents are not included in the denominator of the diluted earnings per share calculation when inclusion of such shares would be anti-dilutive, such as in a period in which a net loss is recorded. All per share amounts for all periods presented herein have been adjusted to reflect the Share Subdivision and 2 for 1 stock dividend on post-Share Subdivision basis. See Note 11.
Property and Equipment & Depreciation	Property and Equipment & Depreciation Property and equipment are stated at historical cost net of accumulated depreciation. Repairs and maintenance are expensed as incurred. Property and equipment are depreciated on a straight-line basis over the following periods: Equipment 5 years Furniture and fixtures 5 years Motor vehicles 10 years
Intangible Assets & Amortization	Intangible Assets & Amortization Intangible assets are stated at historical cost net of accumulated amortization. Software are amortized on a straight-line basis over the estimated useful life of the software which is 3 years.
Impairment of Long-lived assets	Impairment of Long-lived assets The Company accounts for impairment of property and equipment and amortizable intangible assets in accordance with ASC 360, “Accounting for Impairment of Long-Lived Assets and Long-Lived Assets to be Disposed Of”, which requires the Company to evaluate a long-lived asset for recoverability when there is event or circumstance that indicate the carrying value of the asset may not be recoverable. An impairment loss is recognized when the carrying amount of a long-lived asset or asset group is not recoverable (when carrying amount exceeds the gross, undiscounted cash flows from use and disposition) and is measured as the excess of the carrying amount over the asset’s (or asset group’s) fair value.
New Accounting Pronouncements	New Accounting Pronouncements In February of 2016, the FASB issued Accounting Standards Update No. 2016-02 (ASU 2016-02) “Leases (Topic 842)”. ASU 2016-02 requires a lessee to recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. ASU 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018. Early adoption is permitted. For finance leases, a lessee is required to do the following: ● Recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position ● Recognize interest on the lease liability separately from amortization of the right-of-use asset in the statement of comprehensive income ● Classify repayments of the principal portion of the lease liability within financing activities and payments of interest on the lease liability and variable lease payments within operating activities in the statement of cash flows. For operating leases, a lessee is required to do the following: ● Recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position ● Recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term on a generally straight-line basis ● Classify all cash payments within operating activities in the statement of cash flows. In July 2018, the FASB issued Accounting Standards Update No. 2018-11 (ASU 2018-11), which amends ASC 842 so that entities may elect not to recast their comparative periods in transition (the “Comparatives Under 840 Option”). ASU 2018-11 allows entities to change their date of initial application to the beginning of the period of adoption. In doing so, entities would: ● Apply ASC 840 in the comparative periods. ● Provide the disclosures required by ASC 840 for all periods that continue to be presented in accordance with ASC 840. ● Recognize the effects of applying ASC 842 as a cumulative-effect adjustment to retained earnings for the period of adoption. In addition, the FASB also issued a series of amendments to ASU 2016-02 that address the transition methods available and clarify the guidance for lessor costs and other aspects of the new lease standard. Management will review the accounting pronouncements and plan to adopt the new standard on November 1, 2019 using the modified retrospective method of adoption. The transition method expedient which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. As a result of electing this transition method, prior periods will not be restated. The adoption of this ASU will result in the recording of additional lease assets and liabilities each with no effect to opening balance of retained earnings as the Company. In June 2016, the FASB issued an accounting pronouncement (FASB ASU 2016-13) related to the measurement of credit losses on financial instruments. This pronouncement, along with subsequent ASUs issued to clarify certain provisions of ASU 2016-13, changes the impairment model for most financial assets and will require the use of an “expected loss” model for instruments measured at amortized cost. Under this model, entities will be required to estimate the lifetime expected credit loss on such instruments and record an allowance to offset the amortized cost basis of the financial asset, resulting in a net presentation of the amount expected to be collected on the financial asset. In developing the estimate for lifetime expected credit loss, entities must incorporate historical experience, current conditions, and reasonable and supportable forecasts. This pronouncement is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2019. Management is currently evaluating the impact of this update to the consolidated financial statements. Management will evaluate if the current design for the allowance for loan loss methodology would comply with these new requirements. In October 2018, the FASB issued an accounting pronouncement (FASB ASU 2018-17) related to related party guidance for variable interest entities. The amendments in this pronouncement are effective for fiscal years beginning after December 15, 2019 and early adoption is permitted. Management does not expect it to have a material effect on the consolidated financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Oct. 31, 2021
Accounting Policies [Abstract]
Schedule of exchange rate	Period End Average October 31, 2021 6.39675 6.42420 October 31, 2020 6.69247 6.41640 October 31, 2019 7.0992 6.8905
Schedule of property and equipment	Equipment 5 years Furniture and fixtures 5 years Motor vehicles 10 years

Variable Interest Entities an_2

Variable Interest Entities and Other Consolidation Matters (Tables)	12 Months Ended
	Oct. 31, 2021
Variable Interest Entities And Other Consolidation Matters [Abstract]
Schedule of condensed balance sheet	October 31, October 31, Current assets Cash and cash equivalents 433,430 764,492 Short-term investment 1,180,772 - Accounts receivables 6,566 14,875 Accounts receivables – related parties 529,407 1,518,264 Due from related parties 372,759 173,643 Inventories 266,106 154,586 Advances to suppliers 1,594,278 569,023 Loans receivable from related parties, net - current portion, 9,673,893 2,999,261 Other receivables and other current assets 1,228,738 280,789 15,285,949 6,474,933 Non-current assets Property, plant and equipment, intangible assets 391,161 118,313 Operating lease right of use asset 846,200 - Loans receivable from related parties, non-current portion 4,136,657 5,308,919 Other non-current assets 558,702 2,349 5,932,720 5,429,581 Total assets of VIE 21,218,669 11,904,514 Current Liabilities Accruals and other payables 595,364 82,182 Accounts payable – related party 44,366 102,411 Accounts payable 15,695 872 Taxes payable 2,923,130 2,772,447 Operating lease liabilities - current 163,148 - Amounts due to non-VIE subsidiaries of the Company 5,237,265 - Contract liability 114,916 116,977 Contract liability – related party 164,804 614,449 9,258,688 3,689,338 Non-current liabilities Operating lease liabilities – non-current 537,432 - Deferred income 1,263,840 - 1,801,272 - Total liabilities of VIE 11,059,960 3,689,338
Schedule of condensed cash flow statement	For the years ended October 31, October 31, October 31, Revenues 9,536,987 8,210,595 7,978,099 Net income 1,433,167 3,423,542 3,206,267 Net cash (used in) generated by operating activities (1,160,565 ) 515,297 (1,082,855 ) Net cash (used in) generated by investing activities (1,485,306 ) (26,288 ) (10,197 ) Net cash provided by financing activities 38,916 (164,056 ) 386,137

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Oct. 31, 2021
Inventory Disclosure [Abstract]
Schedule of inventory net comprised	October 31, October 31, Finished goods 266,106 154,586 Total, net 266,106 154,586

Accounts Receivables (Tables)

Accounts Receivables (Tables)	12 Months Ended
	Oct. 31, 2021
Credit Loss, Additional Improvements [Abstract]
Schedule of accounts receivables, net	October 31, October 31, Accounts receivables 6,566 14,875 Allowance for doubtful accounts - - Total, net 6,566 14,875 October 31, October 31, Accounts receivables-related parties 547,865 1,571,991 Allowance for doubtful accounts (18,458 ) (53,727 ) Total, net 529,407 1,518,264
Schedule of the activity in the allowance for doubtful accounts	October 31, October 31, Balance at beginning of year 53,727 42,253 Provision - 8,906 Charge-offs - - Recoveries (37,591 ) - Effect of translation adjustment 2,322 2,568 Balance at end of year 18,458 53,727

Short-Term Investment (Tables)

Short-Term Investment (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure Text Block Supplement [Abstract]
Schedule of short-term investment	As of October 31, 2021 Level 1 Level 2 Level 3 Total Bank Wealth Management - 1,024,443 - 1,024,443 Securities - 156,329 - 156,329 - 1,180,772 - 1,180,772 As of October 31, 2020 Level 1 Level 2 Level 3 Total Bank Wealth Management - - - - Securities - - - - - - - -

Loans Receivables (Tables)

Loans Receivables (Tables)	12 Months Ended
	Oct. 31, 2021
Receivables [Abstract]
Schedule of loans are non-interest bearing	October 31, October 31, Loan to related franchisees, gross 16,591,780 9,974,576 Discount based on imputed interest rate of 11.75% (1,949,060 ) (1,167,634 ) Loan to related franchisees, net of discount 14,642,720 8,806,942 October 31, October 31, Loan to related franchisees, net of discount 14,642,720 8,806,942 Provision for credit losses (832,170 ) (498,762 ) Loan to related franchisees, net of discount and allowance 13,810,550 8,308,180
Schedule of the activity in the allowance for credit loss	October 31, October 31, Balance at beginning of year 498,762 193,634 Provision 409,762 293,362 Charge-offs - - Recoveries (100,739 ) - Effect of translation adjustment 24,385 11,766 Balance at end of year 832,170 498,762
Schedule of current and non-current loan receivables, net of allowance for credit losses	October 31, October 31, Loan to related franchisees, net of discount and allowances, current 9,673,893 2,999,261 Loan to related franchisees, net of discount and allowances, non-current 4,136,657 5,308,919 13,810,550 8,308,180
Schedule of credit quality analysis of franchisee loan receivables	October 31, October 31, Franchisee Financing: Group I - 11,030 Group II 90,538 107,763 Group III - 212,995 Group IV - 209,190 Group V 745,393 667,440 Group VI 9,211,326 4,608,741 Group VII 62,084 - Group VIII - 814,780 Group IX 365,070 - Group X 255,593 445,044 Group XI 518,378 - Group XII 96,926 330,210 Group XIII 740,337 228,800 Group XIV 2,557,075 413,495 Group XV - 227,657 Group XVI - 529,797 Balance at end of year 14,642,720 8,806,942

Property & Equipment (Tables)

Property & Equipment (Tables)	12 Months Ended
	Oct. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of property and equipment, net	October 31, October 31, At Cost: Equipment 74,114 41,152 Motor vehicles 371,436 44,418 Leasehold Improvement 30,397 29,599 Furniture and fixtures 8,998 7,972 484,945 123,141 Less: Accumulated depreciation 111,837 21,264 Total, net 373,108 101,877

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets, net	October 31, October 31, At Cost: Financial software 17,196 16,436 Domain name 3,068 - 20,264 16,436 Less: Accumulated Amortization 2,211 - Total, net 18,053 16,436

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Oct. 31, 2021
Related Party Transactions [Abstract]
Schedule of accounts receivable from related franchisees	October 31, October 31, Pingxiang Jiuzi New Energy Automobile Co., Ltd 2,490 163,310 Yichun Jiuzi New Energy Automobile Co., Ltd 167,468 294,547 Puyang Guozheng New Energy Vehicle Sales Co., Ltd 54,144 51,752 Wanzai Jiuzi New Energy Automobile Co., Ltd 78,384 179,515 Xinyu Jiuzi New Energy Automobile Co., Ltd 151,253 308,934 Liuyang Jiuzi New Energy Automobile Co., Ltd - 133,501 Yudu Jiuzi New Energy Automobile Co., Ltd - 84,393 Gao’an Jiuzi New Energy Automobile Co., Ltd 36,847 35,219 Jiujiang Jiuzi New Energy Automobile Co., Ltd - 52,720 Pingjiang Jiuzi New Energy Automobile Co., Ltd - 37,587 Quanzhou Jiuzi New Energy Automobile Co., Ltd 20,135 34,188 Loudi Jiuzi New Energy Automobile Co., Ltd - 89,728 Huaihua Jiuzi New Energy Automobile Co., Ltd - 7,471 Xuzhou Jiuzi New Energy Automobile Co., Ltd - 17,184 Guangzhou Jiuzi New Energy Vehicle Co., Ltd - - Dongming Jiuzi New Energy Automobile Co., Ltd 9,849 59,560 Yulin Jiuzi New Energy Automobile Co., Ltd 27,295 22,382 Total 547,865 1,571,991
Schedule of loan to related franchisees	October 31, 2021 October 31, 2020 Gross Discount Net Gross Discount Net Jiangsu Changshu $ 268,886 $ 31,587 $ 237,299 $ 293,197 $ 34,442 $ 258,755 Shandong Dongming 596,145 70,030 526,115 359,627 42,246 317,381 Jiangxi Gao’an 495,861 58,250 437,611 338,048 39,711 298,337 Hunan Huaihua 294,331 34,575 259,756 259,255 30,455 228,800 Jiangxi Jiujiang 446,122 52,407 393,715 333,037 39,122 293,915 Hunan Liuyang 580,250 68,163 512,087 344,683 40,490 304,193 Hunan Loudi 583,945 68,597 515,348 312,224 36,677 275,547 Hunan Pingjiang 564,977 66,369 498,608 334,655 39,312 295,343 Jiangxi Pingxiang 694,826 81,622 613,204 368,137 43,246 324,891 Henan Puyang 982,189 115,379 866,810 432,805 50,842 381,963 Fujian Quanzhou 439,717 51,654 388,063 383,604 45,063 338,541 Jiangxi Wanzai 557,532 65,494 492,038 228,316 26,821 201,495 Jiangxi Xinyu 1,191,815 140,004 1,051,811 363,489 42,700 320,789 Jiangxi Yichun 102,590 12,051 90,539 380,070 44,647 335,423 Jiangxi Yudu 555,343 65,236 490,107 234,770 27,579 207,191 Guangxi Rongxian - - - 353,381 41,512 311,869 Guangdong Zengcheng 544,391 63,950 480,441 516,780 60,707 456,073 Jiangxi Shanggao 425,216 49,950 375,266 107,165 14,344 92,821 Shandong Heze 750,382 88,148 662,234 401,660 43,091 358,569 Jiangxi Ganzhou 122,834 14,429 108,405 117,406 12,037 105,369 Anhui Fuyang 31,266 3,672 27,594 30,132 3,540 26,592 Hunan Liling 75,443 8,862 66,581 - - - Hunan Zhuzhou 109,828 12,902 96,926 78,826 9,260 69,566 Hunan Changsha - - - 3,404 400 3,004 Guangxi Guilin - - - 1,420 167 1,253 Hunan Xiangtan - - - - - - Hunan Chenzhou 556,864 65,416 491,448 237,035 27,845 209,190 Jiangxi Ji’an 513,019 60,265 452,754 326,525 38,357 288,168 Guangxi Nanning 183,322 21,535 161,787 164,762 19,355 145,407 Hunan Leiyang 316,450 37,174 279,276 283,849 33,344 250,505 Guangxi Liuzhou - - - 8,995 1,057 7,938 Hunan Ningxiang - - - 4,602 541 4,061 Guangdong Dongguan Changping 262,089 30,788 231,301 210,863 24,770 186,093 Hunan Changsha County 70,348 8,264 62,084 129,668 15,232 114,436 Henan Zhengzhou - - - 1,420 167 1,253 Guangdong Dongguan Nancheng - - - 6,784 797 5,987 Anhui Huaibei - - - 3,452 405 3,047 Guangdong Humen - - - 1,674 197 1,477 Guizhou Zunyi 174,745 20,528 154,217 130,415 15,320 115,095 Jiangsu Xuzhou 264,134 31,028 233,106 311,006 36,534 274,472 Henan Xinxiang - - - 2,690 316 2,374 Henan Anyang - - - 5,248 617 4,631 Jiangxi Nanchang - - - 8,997 1,057 7,940 Zhejiang Lishui - - - 2,962 348 2,614 Jiangxi Shangrao - - - 14,105 1,657 12,448 Hubei Macheng - - - 9,025 1,060 7,965 Hunan Yongxing 229,312 26,938 202,374 289,310 33,986 255,324 Hunan Hengyang 96,830 11,375 85,455 74,711 8,776 65,935 Anhui Haozhou - - - 7,860 923 6,937 Anhui Suzhou - - - 6,395 751 5,644 Anhui Bengbu - - - 5,065 595 4,470 Hunan Xiangxiang - - - 4,483 527 3,956 Fujian Fuzhou - - - 2,660 312 2,348 Hunan Changsha Furong - - - 2,630 309 2,321 Hainan Sanya 83,542 9,814 73,728 7,172 843 6,329 Hunan Changsha Yuhua 281,393 33,056 248,337 118,163 13,881 104,282 Hunan Yongfeng - - - 13,448 1,580 11,868 Anhui Suixi - - - 10,101 1,187 8,914 Shandong Liangshan - - - 47,098 5,533 41,565 Shandong Dingtao 312,659 36,728 275,931 47,098 5,533 41,565 Shandong Yuncheng 406,457 47,747 358,710 241,346 28,351 212,995 Shandong Heze Gaoxin 62,532 7,346 55,186 7,860 923 6,937 Shandong Zouping 56,279 6,611 49,668 47,098 5,533 41,565 Hunan Yongzhou - - - 7,860 923 6,937 Shandong Juye 470,114 55,225 414,889 312,859 36,752 276,107 Shandong Juancheng 434,596 51,053 383,543 39,238 4,609 34,629 Shandong Shanxian 329,855 38,749 291,106 - - - Jiangxi Zhangshu 45,336 5,326 40,010 173,358 20,365 152,993 Hunan Yiyang - - - - - - Guangdong Guangzhou Zengcheng No.2 - - - - - - Guangdong Guangzhou Baiyun - - - - - - Guangdong Foshan 110,447 12,974 97,473 60,740 7,135 53,605 Anhui Suzhou Dangshan - - - - - - Jiangxi Jingdezhen 18,760 2,204 16,556 7,855 920 6,935 Jiangxi Tonggu - - - - - - Guangxi Yulin 398,554 46,819 351,735 - - - Shandong Heze Cao County 500,254 58,766 441,488 - - - Total $ 16,591,780 $ 1,949,060 $ 14,642,720 $ 9,974,576 $ 1,167,634 $ 8,806,942
Schedule of accounts payable to related parties’ franchisees	October 31, October 31, Guangzhou - 16,228 Hunan Liling - 1,108 Hunan Xiangtan - 5,588 Jiangxi Tonggu - 206 Shandong Shanxian - 5,588 Hunan Yiyang - 5,588 Guangdong Guangzhou Zengcheng No.2 - 5,588 Guangdong Guangzhou Baiyun - 5,588 Anhui Suzhou Dangshan - 5,588 Hunan Liuyang 13,898 25,058 Jiangxi Wanzai 8,754 8,368 Hunan Huaihua 18,744 17,915 Jiangxi Xinyu 2,970 - Total 44,366 102,411
Schedule of Contract liability – related party	October 31, October 31, Deferred revenues-franchisees 81,474 614,449 Deferred revenues-deposit 83,330 - Total, net 164,804 614,449
Schedule of deferred revenues from related franchisees	October 31, October 31, Jiangxi Yichun - 14,942 Henan Puyang - 10,460 Jiangxi Shanggao - 66,642 Jiangxi Ganzhou - 1,494 Hunan Zhuzhou - 2,690 Hunan Chenzhou Yongxing - 5,977 Jiangxi Ji’an - 86,665 Jiangxi Ji’an Yongfeng - 1,195 Guangxi Nanning - 5,977 Hunan Leiyang - 13,448 Dongguan Changping - 127,009 Dongguan Humen - 897 Guizhou Zunyi - 1,644 Hunan Changsha - 3,437 Hunan Changsha County - 3,313 Dongguan Nancheng - 1,195 Anhui Huaibei - 12,701 Hunan Hengyang - 2,391 Guangxi Beihai - 7,471 Hainan Haikou - 22,413 Henan Xinxiang - 7,471 Henan Anyang - 14,942 Henan Wenxian - 75 Hunan Liling - 7,023 Zhejiang Lishui - 23,160 Guangxi Liuzhou - 3,736 Hunan Miluo - 4,483 Guangzhou Panyu - 7,471 Hunan Shaoyang - 44,827 Hunan Wangcheng - 15,839 Hainan Sanya 48,462 1,494 Hunan Xiangxiang - 37,355 Hunan Changsha Furong 4,299 1,195 Guangdong Foshan - 2,988 Anhui Suzhou - 1,270 Anhui Suzhou Dangshan - 299 Anhui Suixi - 1,195 Anhui Bengbu - 1,195 Hunan Zhangjiajie - 18,678 Hunan Yueyang 4,299 7,471 Fujian Fuzhou - 897 Shandong Heze Yuncheng - 7,471 Shandong Juancheng - 4,184 Jiangxi Zhangshu - 1,494 Jiangxi Shangrao - 6,275 Hunan Jishou 1,563 - Zhejiang Hangzhou Xiaoshan 4,220 - Hunan Yueyang Xiangyin 4,299 - Guangdong Zhongshan 14,332 - Jiangsu Xuzhou - - Total 81,474 614,449
Schedule of related parties payables	October 31, October 31, Guangxi Yulin 46,898 - Hunan Huaihua 36,432 - Total, net 83,330 -
Schedule of related parties payables	October 31, October 31, Mr. Shuibo Zhang 296,252 147,593 Mr. Qi Zhang 38,806 26,050 Mr. Ruchun Huang 32,491 - Total 367,549 173,643

Deferred Income (Tables)

Deferred Income (Tables)	12 Months Ended
	Oct. 31, 2021
Deferred Income [Abstract]
Schedule of deferred income	October 31, October 31, Subsidy for the maintenance and repair of the office 341,580 - Rent subsidy for office 922,260 - Total 1,263,840 -

Leases (Tables)

Leases (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure Text Block [Abstract]
Schedule of supplemental cash flow information related to leases	Year Ended Lease Cost October 31, Operating lease cost (included in general and administrative expenses in the Company’s statement of operations) $ 48,332 Other Information Cash paid for amounts included in the measurement of lease liabilities for the year ended December 31, 2020 $ - Weighted average remaining lease term – operating leases (in years) 4.75 Average discount rate – operating lease 4.75 %
Schedule of supplemental balance sheet information related to leases	As of October 31, Operating leases Right-of-use assets $ 846,200 Operating lease liabilities $ 700,580
Schedule of undiscounted future minimum lease payment schedule	For the years ending October 31, 2022 194,160 2023 194,160 2024 194,160 2025 194,160 Total 776,640

Segments and Geographic Infor_2

Segments and Geographic Information (Tables)	12 Months Ended
	Oct. 31, 2021
Segment Reporting [Abstract]
Schedule of sales revenues	Years Ended October 31, October 31, October 31, NEVs sales 1,443,917 15 % 398,613 5 % 1,343,515 17 % Franchisees service revenues 8,093,070 85 % 7,811,982 95 % 6,634,584 83 % Total 9,536,987 100 % 8,210,595 100 % 7,978,099 100 % Years Ended October 31, October 31, October 31, NEVs sales 1,400,211 29 % 366,523 17 % 1,346,436 43 % Franchisees service revenues 3,509,493 71 % 1,824,245 83 % 1,769,740 57 % Total 4,909,704 100 % 2,190,768 100 % 3,116,176 100 % Years Ended October 31, October 31, October 31, NEVs sales 43,706 1 % 32,090 1 % (2,921 ) 0 % Franchisees service revenues 4,583,577 99 % 5,987,737 99 % 4,864,844 100 % Total 4,627,283 - 6,019,827 - 4,861,923 -

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of net taxable income (losses) before income taxes and its provision for income taxes	Years Ended October 31, October 31, October 31, Income / (loss) attributed to China 2,002,809 3,839,535 3,747,049 PRC statutory tax rate 25 % 25 % 25 % Income tax expense at statutory rate 500,702 959,884 936,762 Reconciliation 46,123 14,509 (395,980 ) Income tax expense/ (benefit) 546,825 974,393 540,782

Concentrations, Risks and Unc_2

Concentrations, Risks and Uncertainties (Tables)	12 Months Ended
	Oct. 31, 2021
Risks and Uncertainties [Abstract]
Schedule of concentration on sales revenues generated by customers type comprised	Years Ended October 31, October 31, October 31, Third party sales revenues 1,355,066 15 % 258,833 3 % 839,744 11 % Related party sales revenues 88,851 1 % 139,780 2 % 503,771 6 % Third party franchise revenues 251,359 3 % - - % - - % Related party franchise revenues 7,841,711 81 % 7,811,982 95 % 6,634,584 83 % Total 9,536,987 100 % 8,210,595 100 % 7,978,099 100 %
Schedule of concentration of sales revenues generated by third-party customers comprised	Years Ended October 31, October 31, October 31, 2021 2020 2019 Customer A - - 24,842 10 % Customer B - - 20,453 8 % Customer C - - 20,425 8 % Customer D - - 20,393 8 % Customer E - - 102,940 12 % Customer F - - 79,740 9 % Customer G - - 53,864 7 % Customer H 408,577 30 % Customer I 799,865 59 % Customer J 72,513 5 % Total 1,280,955 94 % 86,113 34 % 236,544 28 %

Organization and Basis of Pre_2

Organization and Basis of Presentation (Details)	12 Months Ended
	Oct. 31, 2021CNY (¥)
Organization and Basis of Presentation (Details) [Line Items]
Equity interest percentage	41.00%
Equity interest	10.00%
Purchase price (in Yuan Renminbi)	¥ 10
Exclusive option agreement	10 years
Exclusive business cooperation agreement	10 years
Share pledge agreement description	Under the Share Pledge Agreement between Jiuzi WFOE and certain shareholders of Zhejiang Jiuzi together holding 1,000,000 shares, or 100% of the equity interests, of Zhejiang Jiuzi (“Zhejiang Jiuzi Shareholders”), the Zhejiang Jiuzi Shareholders pledged all of their equity interests in Zhejiang Jiuzi to Jiuzi WFOE to guarantee the performance of Zhejiang Jiuzi’s obligations under the Exclusive Business Cooperation Agreement.
Zhejiang Jiuzi [Member]
Organization and Basis of Presentation (Details) [Line Items]
Equity interest percentage	59.00%
Equity interest	100.00%
Zhejiang Jiuzi [Member] | Guangxi Nanning [Member]
Organization and Basis of Presentation (Details) [Line Items]
Equity interest	90.00%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Accounting Policies [Abstract]
Short term investments		$ 1,180,772
Advertising expense	$ 78,894
Promotional expense		$ 37,753	$ 109,984
Estimated useful life	3 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of exchange rate - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Schedule of exchange rate [Abstract]
Exchange rate	$ 6.39675	$ 6.69247	$ 7.0992
Average rate	$ 6.4242	$ 6.4164	$ 6.8905

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details) - Schedule of property and equipment	12 Months Ended
	Oct. 31, 2021
Schedule of property and equipment [Abstract]
Equipment	5 years
Furniture and fixtures	5 years
Motor vehicles	10 years

Variable Interest Entities an_3

Variable Interest Entities and Other Consolidation Matters (Details) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Variable Interest Entities And Other Consolidation Matters [Abstract]
Due from non-VIE subsidiaries
Due to non-VIE subsidiaries	$ 5,237,265

Variable Interest Entities an_4

Variable Interest Entities and Other Consolidation Matters (Details) - Schedule of condensed balance sheet - VIE [Member] - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Current assets
Cash and cash equivalents	$ 433,430	$ 764,492
Short-term investment	1,180,772
Accounts receivables	6,566	14,875
Accounts receivables – related parties	529,407	1,518,264
Due from related parties	372,759	173,643
Inventories	266,106	154,586
Advances to suppliers	1,594,278	569,023
Loans receivable from related parties, net - current portion,	9,673,893	2,999,261
Other receivables and other current assets	1,228,738	280,789
Total current assets	15,285,949	6,474,933
Non-current assets
Property, plant and equipment, intangible assets	391,161	118,313
Operating lease right of use asset	846,200
Loans receivable from related parties	4,136,657	5,308,919
Other non-current assets	558,702	2,349
Total non current assets	5,932,720	5,429,581
Total assets of VIE	21,218,669	11,904,514
Current Liabilities
Accruals and other payables	595,364	82,182
Accounts payable – related party	44,366	102,411
Accounts payable	15,695	872
Taxes payable	2,923,130	2,772,447
Operating lease liabilities - current	163,148
Amounts due to non-VIE subsidiaries of the Company	5,237,265
Contract liability	114,916	116,977
Contract liability – related party	164,804	614,449
Total liabilities current	9,258,688	3,689,338
Non-current liabilities
Operating lease liabilities – non-current	537,432
Deferred income	1,263,840
Total liabilities non current	1,801,272
Total liabilities of VIE	$ 11,059,960	$ 3,689,338

Variable Interest Entities an_5

Variable Interest Entities and Other Consolidation Matters (Details) - Schedule of condensed cash flow statement - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Schedule of condensed cash flow statement [Abstract]
Revenues	$ 9,536,987	$ 8,210,595	$ 7,978,099
Net income	1,433,167	3,423,542	3,206,267
Net cash (used in) generated by operating activities	(1,160,565)	515,297	(1,082,855)
Net cash (used in) generated by investing activities	(1,485,306)	(26,288)	(10,197)
Net cash provided by financing activities	$ 38,916	$ (164,056)	$ 386,137

Inventory (Details)

Inventory (Details) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Inventory Disclosure [Abstract]
Inventory write-down expense

Inventory (Details) - Schedule

Inventory (Details) - Schedule of inventory net comprised - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Schedule of inventory net comprised [Abstract]
Finished goods	$ 266,106	$ 154,586
Total, net	$ 266,106	$ 154,586

Accounts Receivables (Details)

Accounts Receivables (Details) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Credit Loss, Additional Improvements [Abstract]
Bad debt expense	$ 35,269	$ 11,474	$ 32,717

Accounts Receivables (Details)

Accounts Receivables (Details) - Schedule of accounts receivables, net - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Schedule of accounts receivables, net [Abstract]
Accounts receivables	$ 6,566	$ 14,875
Allowance for doubtful accounts
Total, net	6,566	14,875
Accounts receivables-related parties	547,865	1,571,991
Allowance for doubtful accounts	(18,458)	(53,727)
Total, net	$ 529,407	$ 1,518,264

Accounts Receivables (Details_2

Accounts Receivables (Details) - Schedule of the activity in the allowance for doubtful accounts - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Schedule of the activity in the allowance for doubtful accounts [Abstract]
Balance at beginning of year	$ 53,727	$ 42,253
Provision		8,906
Charge-offs
Recoveries	(37,591)
Effect of translation adjustment	2,322	2,568
Balance at end of year	$ 18,458	$ 53,727

Short-Term Investment (Details)

Short-Term Investment (Details) - Schedule of short-term investment - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Short-term Debt [Line Items]
Bank Wealth Management	$ 1,024,443
Securities	156,329
Total short-term investment	1,180,772
Level 1 [Member]
Short-term Debt [Line Items]
Bank Wealth Management
Securities
Total short-term investment
Level 2 [Member]
Short-term Debt [Line Items]
Bank Wealth Management	1,024,443
Securities	156,329
Total short-term investment	1,180,772
Level 3 [Member]
Short-term Debt [Line Items]
Bank Wealth Management
Securities
Total short-term investment

Loans Receivables (Details)

Loans Receivables (Details) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Receivables [Abstract]
Loan receivables charges	$ 724,337	$ 755,707	$ 382,084
Face amount using an imputed interest rate	11.75%	11.75%
Credit loss	$ 1,054,774	$ 305,128	$ 61,277

Loans Receivables (Details) - S

Loans Receivables (Details) - Schedule of loans are non-interest bearing - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Schedule of loans are non-interest bearing [Abstract]
Loan to related franchisees, gross	$ 16,591,780	$ 9,974,576
Discount based on imputed interest rate of 11.75%	(1,949,060)	(1,167,634)
Loan to related franchisees, net of discount	14,642,720	8,806,942
Provision for credit losses	(832,170)	(498,762)
Loan to related franchisees, net of discount and allowance	$ 13,810,550	$ 8,308,180

Loans Receivables (Details) -_2

Loans Receivables (Details) - Schedule of loans are non-interest bearing (Parentheticals)	12 Months Ended
	Oct. 31, 2021
Schedule of loans are non-interest bearing [Abstract]
Discount based on imputed interest rate	11.75%

Loans Receivables (Details) -_3

Loans Receivables (Details) - Schedule of the activity in the allowance for credit loss - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Schedule of the activity in the allowance for credit loss [Abstract]
Balance at beginning of year	$ 498,762	$ 193,634
Provision	409,762	293,362
Charge-offs
Recoveries	(100,739)
Effect of translation adjustment	24,385	11,766
Balance at end of year	$ 832,170	$ 498,762

Loans Receivables (Details) -_4

Loans Receivables (Details) - Schedule of current and non-current loan receivables, net of allowance for credit losses - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Schedule of current and non-current loan receivables, net of allowance for credit losses [Abstract]
Loan to related franchisees, net of discount and allowances, current	$ 9,673,893	$ 2,999,261
Loan to related franchisees, net of discount and allowances, non-current	4,136,657	5,308,919
Loan to related franchisees, net of discount and allowances, total	$ 13,810,550	$ 8,308,180

Loans Receivables (Details) -_5

Loans Receivables (Details) - Schedule of credit quality analysis of franchisee loan receivables - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Franchisee Financing:
Franchisee loan receivables	$ 14,642,720	$ 8,806,942
Group I [Member]
Franchisee Financing:
Franchisee loan receivables		11,030
Group II [Member]
Franchisee Financing:
Franchisee loan receivables	90,538	107,763
Group III [Member]
Franchisee Financing:
Franchisee loan receivables		212,995
Group IV [Member]
Franchisee Financing:
Franchisee loan receivables		209,190
Group V [Member]
Franchisee Financing:
Franchisee loan receivables	745,393	667,440
Group VI [Member]
Franchisee Financing:
Franchisee loan receivables	9,211,326	4,608,741
Group VII [Member]
Franchisee Financing:
Franchisee loan receivables	62,084
Group VIII [Member]
Franchisee Financing:
Franchisee loan receivables		814,780
Group IX [Member]
Franchisee Financing:
Franchisee loan receivables	365,070
Group X [Member]
Franchisee Financing:
Franchisee loan receivables	255,593	445,044
Group XI [Member]
Franchisee Financing:
Franchisee loan receivables	518,378
Group XII [Member]
Franchisee Financing:
Franchisee loan receivables	96,926	330,210
Group XIII [Member]
Franchisee Financing:
Franchisee loan receivables	740,337	228,800
Group XIV [Member]
Franchisee Financing:
Franchisee loan receivables	2,557,075	413,495
Group XV [Member]
Franchisee Financing:
Franchisee loan receivables		227,657
Group XVI [Member]
Franchisee Financing:
Franchisee loan receivables		$ 529,797

Property & Equipment (Details)

Property & Equipment (Details) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 89,207	$ 8,504	$ 8,582

Property & Equipment (Details)

Property & Equipment (Details) - Schedule of property and equipment, net - USD ($)	Oct. 31, 2021	Oct. 31, 2020
At Cost:
Equipment	$ 74,114	$ 41,152
Motor vehicles	371,436	44,418
Leasehold Improvement	30,397	29,599
Furniture and fixtures	8,998	7,972
Total cost	484,945	123,141
Less: Accumulated depreciation	111,837	21,264
Total, net	$ 373,108	$ 101,877

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expenses	$ 2,201

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of intangible assets, net - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
At Cost:
Financial software	$ 17,196	$ 16,436
Domain name	3,068
Total cost, net	20,264	16,436
Less: Accumulated Amortization	2,211
Total, net	$ 18,053	$ 16,436

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	12 Months Ended		24 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2020
Related Party Transactions (Details) [Line Items]
Equity interest ownership	The franchisees were originally incorporated with the Company shown as a 51.0% owner and subsequently as a 1.25% owner. The intent of having such ownership percentage in the franchisees was to enable the franchisees to register their respective individual business name to include the words “Jiuzi” as required by the local business bureau. Subsequent to the successful registration by the franchisees and completion of the Company’s obligations under the franchise and license agreement, the Company will decrease its ownership interest in these franchisees to 0%. The Company’s percentage of shareholding is nominal, inconsequential, and symbolic. The Company’s equity interest of 51.0% and 1.25% in the franchisees were symbolic in nature.
Revenues from related party	$ 88,851	$ 139,780	$ 503,771
Outstanding payable	32,491	0	0
Shuibo Zhang [Member]
Related Party Transactions (Details) [Line Items]
Due from related parties receivables	296,252	147,593	147,593
Qi Zhang [Member]
Related Party Transactions (Details) [Line Items]
Due from related parties receivables	$ 38,806	$ 26,050	$ 26,050
Maximum [Member]
Related Party Transactions (Details) [Line Items]
Ownership interest percentage	51.00%
Minimum [Member]
Related Party Transactions (Details) [Line Items]
Ownership interest percentage	1.25%

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	$ 547,865	$ 1,571,991
Pingxiang Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	2,490	163,310
Yichun Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	167,468	294,547
Puyang Guozheng New Energy Vehicle Sales Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	54,144	51,752
Wanzai Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	78,384	179,515
Xinyu Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	151,253	308,934
Liuyang Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable		133,501
Yudu Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable		84,393
Gao’an Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	36,847	35,219
Jiujiang Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable		52,720
Pingjiang Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable		37,587
Quanzhou Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	20,135	34,188
Loudi Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable		89,728
Huaihua Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable		7,471
Xuzhou Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable		17,184
Guangzhou Jiuzi New Energy Vehicle Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable
Dongming Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	9,849	59,560
Yulin Jiuzi New Energy Automobile Co., Ltd [Member]
Related Party Transactions (Details) - Schedule of accounts receivable from related franchisees [Line Items]
Accounts receivable	$ 27,295	$ 22,382

Related Party Transactions (D_3

Related Party Transactions (Details) - Schedule of loan to related franchisees - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	$ 16,591,780	$ 9,974,576
Discount	1,949,060	1,167,634
Net	14,642,720	8,806,942
Jiangsu Changshu [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	268,886	293,197
Discount	31,587	34,442
Net	237,299	258,755
Shandong Dongming [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	596,145	359,627
Discount	70,030	42,246
Net	526,115	317,381
Jiangxi Gao’an [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	495,861	338,048
Discount	58,250	39,711
Net	437,611	298,337
Hunan Huaihua [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	294,331	259,255
Discount	34,575	30,455
Net	259,756	228,800
Jiangxi Jiujiang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	446,122	333,037
Discount	52,407	39,122
Net	393,715	293,915
Hunan Liuyang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	580,250	344,683
Discount	68,163	40,490
Net	512,087	304,193
Hunan Loudi [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	583,945	312,224
Discount	68,597	36,677
Net	515,348	275,547
Hunan Pingjiang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	564,977	334,655
Discount	66,369	39,312
Net	498,608	295,343
Jiangxi Pingxiang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	694,826	368,137
Discount	81,622	43,246
Net	613,204	324,891
Henan Puyang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	982,189	432,805
Discount	115,379	50,842
Net	866,810	381,963
Fujian Quanzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	439,717	383,604
Discount	51,654	45,063
Net	388,063	338,541
Jiangxi Wanzai [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	557,532	228,316
Discount	65,494	26,821
Net	492,038	201,495
Jiangxi Xinyu [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	1,191,815	363,489
Discount	140,004	42,700
Net	1,051,811	320,789
Jiangxi Yichun [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	102,590	380,070
Discount	12,051	44,647
Net	90,539	335,423
Jiangxi Yudu [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	555,343	234,770
Discount	65,236	27,579
Net	490,107	207,191
Guangxi Rongxian [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		353,381
Discount		41,512
Net		311,869
Guangdong Zengcheng [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	544,391	516,780
Discount	63,950	60,707
Net	480,441	456,073
Jiangxi Shanggao [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	425,216	107,165
Discount	49,950	14,344
Net	375,266	92,821
Shandong Heze [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	750,382	401,660
Discount	88,148	43,091
Net	662,234	358,569
Jiangxi Ganzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	122,834	117,406
Discount	14,429	12,037
Net	108,405	105,369
Anhui Fuyang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	31,266	30,132
Discount	3,672	3,540
Net	27,594	26,592
Hunan Liling [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	75,443
Discount	8,862
Net	66,581
Hunan Zhuzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	109,828	78,826
Discount	12,902	9,260
Net	96,926	69,566
Hunan Changsha [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		3,404
Discount		400
Net		3,004
Guangxi Guilin [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		1,420
Discount		167
Net		1,253
Hunan Xiangtan [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross
Discount
Net
Hunan Chenzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	556,864	237,035
Discount	65,416	27,845
Net	491,448	209,190
Jiangxi Ji’an [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	513,019	326,525
Discount	60,265	38,357
Net	452,754	288,168
Guangxi Nanning [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	183,322	164,762
Discount	21,535	19,355
Net	161,787	145,407
Hunan Leiyang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	316,450	283,849
Discount	37,174	33,344
Net	279,276	250,505
Guangxi Liuzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		8,995
Discount		1,057
Net		7,938
Hunan Ningxiang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		4,602
Discount		541
Net		4,061
Guangdong Dongguan Changping [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	262,089	210,863
Discount	30,788	24,770
Net	231,301	186,093
Hunan Changsha County [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	70,348	129,668
Discount	8,264	15,232
Net	62,084	114,436
Henan Zhengzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		1,420
Discount		167
Net		1,253
Guangdong Dongguan Nancheng [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		6,784
Discount		797
Net		5,987
Anhui Huaibei [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		3,452
Discount		405
Net		3,047
Guangdong Humen [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		1,674
Discount		197
Net		1,477
Guizhou Zunyi [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	174,745	130,415
Discount	20,528	15,320
Net	154,217	115,095
Jiangsu Xuzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	264,134	311,006
Discount	31,028	36,534
Net	233,106	274,472
Henan Xinxiang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		2,690
Discount		316
Net		2,374
Henan Anyang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		5,248
Discount		617
Net		4,631
Jiangxi Nanchang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		8,997
Discount		1,057
Net		7,940
Zhejiang Lishui [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		2,962
Discount		348
Net		2,614
Jiangxi Shangrao [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		14,105
Discount		1,657
Net		12,448
Hubei Macheng [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		9,025
Discount		1,060
Net		7,965
Hunan Yongxing [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	229,312	289,310
Discount	26,938	33,986
Net	202,374	255,324
Hunan Hengyang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	96,830	74,711
Discount	11,375	8,776
Net	85,455	65,935
Anhui Haozhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		7,860
Discount		923
Net		6,937
Anhui Suzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		6,395
Discount		751
Net		5,644
Anhui Bengbu [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		5,065
Discount		595
Net		4,470
Hunan Xiangxiang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		4,483
Discount		527
Net		3,956
Fujian Fuzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		2,660
Discount		312
Net		2,348
Hunan Changsha Furong [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		2,630
Discount		309
Net		2,321
Hainan Sanya [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	83,542	7,172
Discount	9,814	843
Net	73,728	6,329
Hunan Changsha Yuhua [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	281,393	118,163
Discount	33,056	13,881
Net	248,337	104,282
Hunan Yongfeng [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		13,448
Discount		1,580
Net		11,868
Anhui Suixi [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		10,101
Discount		1,187
Net		8,914
Shandong Liangshan [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		47,098
Discount		5,533
Net		41,565
Shandong Dingtao [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	312,659	47,098
Discount	36,728	5,533
Net	275,931	41,565
Shandong Yuncheng [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	406,457	241,346
Discount	47,747	28,351
Net	358,710	212,995
Shandong Heze Gaoxin [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	62,532	7,860
Discount	7,346	923
Net	55,186	6,937
Shandong Zouping [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	56,279	47,098
Discount	6,611	5,533
Net	49,668	41,565
Hunan Yongzhou [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross		7,860
Discount		923
Net		6,937
Shandong Juye [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	470,114	312,859
Discount	55,225	36,752
Net	414,889	276,107
Shandong Juancheng [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	434,596	39,238
Discount	51,053	4,609
Net	383,543	34,629
Shandong Shanxian [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	329,855
Discount	38,749
Net	291,106
Jiangxi Zhangshu [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	45,336	173,358
Discount	5,326	20,365
Net	40,010	152,993
Hunan Yiyang [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross
Discount
Net
Guangdong Guangzhou Zengcheng [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross
Discount
Net
Guangdong Guangzhou Baiyun [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross
Discount
Net
Guangdong Foshan [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	110,447	60,740
Discount	12,974	7,135
Net	97,473	53,605
Anhui Suzhou Dangshan [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross
Discount
Net
Jiangxi Jingdezhen [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	18,760	7,855
Discount	2,204	920
Net	16,556	6,935
Jiangxi Tonggu [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross
Discount
Net
Guangxi Yulin [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	398,554
Discount	46,819
Net	351,735
Shandong Heze Cao County [Member]
Related Party Transactions (Details) - Schedule of loan to related franchisees [Line Items]
Gross	500,254
Discount	58,766
Net	$ 441,488

Related Party Transactions (D_4

Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total	$ 44,366	$ 102,411
Guangzhou [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		16,228
Hunan Liling [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		1,108
Hunan Xiangtan [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		5,588
Jiangxi Tonggu [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		206
Shandong Shanxian [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		5,588
Hunan Yiyang [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		5,588
Guangdong Guangzhou Zengcheng [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		5,588
Guangdong Guangzhou Baiyun [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		5,588
Anhui Suzhou Dangshan [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total		5,588
Hunan Liuyang [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total	13,898	25,058
Jiangxi Wanzai [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total	8,754	8,368
Hunan Huaihua [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total	18,744	$ 17,915
Jiangxi Xinyu [Member]
Related Party Transactions (Details) - Schedule of accounts payable to related parties’ franchisees [Line Items]
Total	$ 2,970

Related Party Transactions (D_5

Related Party Transactions (Details) - Schedule of Contract liability – related party - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Schedule of Contract liability – related party [Abstract]
Deferred revenues	$ 81,474	$ 614,449
Potential franchisees	83,330
Total, net	$ 164,804	$ 614,449

Related Party Transactions (D_6

Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	$ 81,474	$ 614,449
Jiangxi Yichun [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		14,942
Henan Puyang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		10,460
Jiangxi Shanggao [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		66,642
Jiangxi Ganzhou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,494
Hunan Zhuzhou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		2,690
Hunan Chenzhou Yongxing [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		5,977
Jiangxi Ji’an [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		86,665
Jiangxi Ji’an Yongfeng [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,195
Guangxi Nanning [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		5,977
Hunan Leiyang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		13,448
Dongguan Changping [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		127,009
Dongguan Humen [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		897
Guizhou Zunyi [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,644
Hunan Changsha [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		3,437
Hunan Changsha County [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		3,313
Dongguan Nancheng [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,195
Anhui Huaibei [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		12,701
Hunan Hengyang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		2,391
Guangxi Beihai [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		7,471
Hainan Haikou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		22,413
Henan Xinxiang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		7,471
Henan Anyang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		14,942
Henan Wenxian [Member[
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		75
Hunan Liling [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		7,023
Zhejiang Lishui [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		23,160
Guangxi Liuzhou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		3,736
Hunan Miluo [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		4,483
Guangzhou Panyu [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		7,471
Hunan Shaoyang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		44,827
Hunan Wangcheng [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		15,839
Hainan Sanya [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	48,462	1,494
Hunan Xiangxiang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		37,355
Hunan Changsha Furong [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	4,299	1,195
Guangdong Foshan [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		2,988
Anhui Suzhou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,270
Anhui Suzhou Dangshan [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		299
Anhui Suixi [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,195
Anhui Bengbu [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,195
Hunan Zhangjiajies [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		18,678
Hunan Yueyang [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	4,299	7,471
Fujian Fuzhou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		897
Shandong Heze Yuncheng [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		7,471
Shandong Juancheng 1 [Member
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		4,184
Jiangxi Zhangshu [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		1,494
Jiangxi Shangrao [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues		6,275
Hunan Jishou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	1,563
Zhejiang Hangzhou Xiaoshan [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	4,220
Hunan Yueyang Xiangyin [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	4,299
Guangdong Zhongshan [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues	14,332
Jiangsu Xuzhou [Member]
Related Party Transactions (Details) - Schedule of deferred revenues from related franchisees [Line Items]
Deferred revenues

Related Party Transactions (D_7

Related Party Transactions (Details) - Schedule of related parties receivables - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Related Party Transactions (Details) - Schedule of related parties receivables [Line Items]
Total, net	$ 83,330
Guangxi Yulin [Member]
Related Party Transactions (Details) - Schedule of related parties receivables [Line Items]
Total, net	46,898
Hunan Huaihua [Member]
Related Party Transactions (Details) - Schedule of related parties receivables [Line Items]
Total, net	$ 36,432

Related Party Transactions (D_8

Related Party Transactions (Details) - Schedule of related parties payables - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Related Party Transactions (Details) - Schedule of related parties payables [Line Items]
Total	$ 367,549	$ 173,643
Mr. Shuibo Zhang [Member]
Related Party Transactions (Details) - Schedule of related parties payables [Line Items]
Total	296,252	147,593
Mr. Qi Zhang [Member]
Related Party Transactions (Details) - Schedule of related parties payables [Line Items]
Total	38,806	$ 26,050
Mr. Ruchun Huang [Member]
Related Party Transactions (Details) - Schedule of related parties payables [Line Items]
Total	$ 32,491

Deferred Income (Details) - Sch

Deferred Income (Details) - Schedule of deferred income - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Schedule of deferred income [Abstract]
Subsidy for the maintenance and repair of the office	$ 341,580
Rent subsidy for office	922,260
Total	$ 1,263,840

Leases (Details)

Leases (Details)	12 Months Ended
	Oct. 31, 2021USD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2019USD ($)
Disclosure Text Block [Abstract]
Number of operating leases	1
Incremental borrowing rate	4.75%
Operating lease expense	$ 83,639	$ 55,265

Leases (Details) - Schedule of

Leases (Details) - Schedule of supplemental cash flow information related to leases	12 Months Ended
	Oct. 31, 2021USD ($)
Lease Cost
Operating lease cost (included in general and administrative expenses in the Company’s statement of operations)	$ 48,332
Other Information
Cash paid for amounts included in the measurement of lease liabilities for the year ended December 31, 2020
Weighted average remaining lease term – operating leases (in years)	4 years 9 months
Average discount rate – operating lease	4.75%

Leases (Details) - Schedule o_2

Leases (Details) - Schedule of supplemental balance sheet information related to leases - Operating Leases [Member]	Oct. 31, 2021USD ($)
Operating leases
Right-of-use assets	$ 846,200
Operating lease liabilities	$ 700,580

Leases (Details) - Schedule o_3

Leases (Details) - Schedule of undiscounted future minimum lease payment schedule	Oct. 31, 2021USD ($)
Schedule of undiscounted future minimum lease payment schedule [Abstract]
2022	$ 194,160
2023	194,160
2024	194,160
2025	194,160
Total	$ 776,640

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($)	1 Months Ended	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	May 20, 2021
Shareholders' Equity (Details) [Line Items]
Shares issued		1,000,000	1,000,000
Shares outstanding		1,000,000	1,000,000
Shares, par value (in Dollars per share)		$ 0.001
Ordinary shares issued				5,200,000
Offering price per share (in Dollars per share)				$ 5
Share Subdivision [Member]
Shareholders' Equity (Details) [Line Items]
Shares issued		10,000,000
Shares outstanding		5,000,000
Authorized share capital par value (in Dollars per share)	$ 0.005
Common stock, par value (in Dollars per share)	$ 0.001		$ 0.001
Authorized share capital (in Dollars)	$ 50,000		$ 50,000
Shares, authorized	50,000,000		50,000,000
Shares, par value (in Dollars per share)	$ 0.001		$ 0.001
Total shares issued	5,000,000	15,000,000	5,000,000
Total shares outstanding	5,000,000	15,000,000	5,000,000
Minimum [Member]
Shareholders' Equity (Details) [Line Items]
Shares, authorized		50,000,000
Maximum [Member]
Shareholders' Equity (Details) [Line Items]
Shares, authorized		150,000,000

Segments and Geographic Infor_3

Segments and Geographic Information (Details)	12 Months Ended
	Oct. 31, 2021
Segment Reporting [Abstract]
Number of business segments	2

Segments and Geographic Infor_4

Segments and Geographic Information (Details) - Schedule of sales revenues - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Segment Reporting Information [Line Items]
Total, sales revenues	$ 9,536,987	$ 8,210,595	$ 7,978,099
Total, sales revenues, percentage	100.00%	100.00%	100.00%
Total, direct costs	$ 4,909,704	$ 2,190,768	$ 3,116,176
Total, direct costs, percentage	100.00%	100.00%	100.00%
Total, gross profit (loss)	$ 4,627,283	$ 6,019,827	$ 4,861,923
Total, gross profit (loss), percentage
NEVs sales [Member]
Segment Reporting Information [Line Items]
Total, sales revenues	$ 1,443,917	$ 398,613	$ 1,343,515
Total, sales revenues, percentage	15.00%	5.00%	17.00%
Total, direct costs	$ 1,400,211	$ 366,523	$ 1,346,436
Total, direct costs, percentage	29.00%	17.00%	43.00%
Total, gross profit (loss)	$ 43,706	$ 32,090	$ (2,921)
Total, gross profit (loss), percentage	1.00%	1.00%	0.00%
Franchisees service revenues [Member]
Segment Reporting Information [Line Items]
Total, sales revenues	$ 8,093,070	$ 7,811,982	$ 6,634,584
Total, sales revenues, percentage	85.00%	95.00%	83.00%
Total, direct costs	$ 3,509,493	$ 1,824,245	$ 1,769,740
Total, direct costs, percentage	71.00%	83.00%	57.00%
Total, gross profit (loss)	$ 4,583,577	$ 5,987,737	$ 4,864,844
Total, gross profit (loss), percentage	99.00%	99.00%	100.00%

Income Tax (Details)

Income Tax (Details)	12 Months Ended
	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Profit tax rate	25.00%

Income Tax (Details) - Schedule

Income Tax (Details) - Schedule of net taxable income (losses) before income taxes and its provision for income taxes - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Schedule of net taxable income (losses) before income taxes and its provision for income taxes [Abstract]
Income / (loss) attributed to China	$ 2,002,809	$ 3,839,535	$ 3,747,049
PRC statutory tax rate	25.00%	25.00%	25.00%
Income tax expense at statutory rate	$ 500,702	$ 959,884	$ 936,762
Reconciliation	46,123	14,509	(395,980)
Income tax expense/ (benefit)	$ 546,825	$ 974,393	$ 540,782

Concentrations, Risks and Unc_3

Concentrations, Risks and Uncertainties (Details) - Schedule of concentration on sales revenues generated by customers type comprised - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Schedule of concentration on sales revenues generated by customers type comprised [Abstract]
Third party sales revenues	$ 1,355,066	$ 258,833	$ 839,744
Third party sales revenues, Percentage	15.00%	3.00%	11.00%
Related party sales revenues	$ 88,851	$ 139,780	$ 503,771
Related party sales revenues, Percentage	1.00%	2.00%	6.00%
Third party franchise revenues	$ 251,359
Third party franchise revenues, Percentage	3.00%
Related party franchise revenues	$ 7,841,711	$ 7,811,982	$ 6,634,584
Related party franchise revenues, Percentage	81.00%	95.00%	83.00%
Total	$ 9,536,987	$ 8,210,595	$ 7,978,099
Total Percentage	100.00%	100.00%	100.00%

Concentrations, Risks and Unc_4

Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Customer A [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total		$ 24,842
Total		10.00%
Customer B [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total		$ 20,453
Total		8.00%
Customer C [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total		$ 20,425
Total		8.00%
Customer D [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total		$ 20,393
Total		8.00%
Customer E [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total			$ 102,940
Total			12.00%
Customer F [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total			$ 79,740
Total			9.00%
Customer G [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total			$ 53,864
Total			7.00%
Customer H [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total	$ 408,577
Total	30.00%
Customer I [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total	$ 799,865
Total	59.00%
Customer J [Member]
Concentrations, Risks and Uncertainties (Details) - Schedule of concentration of sales revenues generated by third-party customers comprised [Line Items]
Total	$ 72,513
Total	5.00%
Total	$ 1,280,955	$ 86,113	$ 236,544
Total	94.00%	34.00%	28.00%