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LATEST PRESS RELEASE
MingZhu Logistics Regains Compliance with Nasdaq Minimum Bid Price Requirement
SHENZHEN, China, July 17, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on July 16, 2024, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has cured the bid price deficiency, and that the Company has regained compliance with Listing Rule 5550(a)(2). Accordingly, this matter is now closed and the Company's ordinary shares will continue to trade uninterrupted on Nasdaq under the ticker "YGMZ". About MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company's regional logistics terminals in Guangdong Province, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic...
Contract Awarded to MingZhu’s Feipeng Subsidiary from Sinotrans Logistics for Vehicle Transport
SHENZHEN, China, July 10, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced Sinotrans Logistics Northwest Co., Ltd. ("Sinotrans Logistics" https://logistics.sinotrans.com/) awarded a major 1-year vehicle transport contract to MingZhu's subsidiary Shanghai Feipeng Supply Chain Management Co., Ltd. ("Feipeng"). Under the contract, Feipeng will provide automobile...
MingZhu Logistics Agrees to Acquire Oxylus Global; Company Targeting Continued Aggressive Diversification and Growth Acceleration Strategy
NEW YORK and SHENZHEN, China, May 31, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has agreed to acquire Oxylus Global Inc ("Oxylus")., as part of its continued aggressive business diversification and growth acceleration strategy. The closing of the all-stock acquisition is subject to customary closing conditions, including regulatory approvals, and is...
MingZhu Logistics Partners with Carbonomi Group to Build High-Performance Satellite-Based Intelligent Logistics Network
SHENZHEN, China, May 17, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it will partner with Carbonomi Trust ("Carbonomi"), a leading investor in energy transition-related technologies and companies including satellite-based communication and IoT infrastructure. The strategic partners will leverage their respective expertise and resources to build a...
MingZhu Logistics to Acquire Mingfu Liquor; Expands Premium Liquor Business in China
SHENZHEN, China, May 1, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has entered into a non-binding memorandum of understanding to acquire Xiamen Mingfu Liquor Industry Co., Ltd., a China-based distributor of Baijiu. The acquisition, subject to a final agreement, will help accelerate growth of MingZhu's premium liquor business in China, which includes...
MingZhu Logistics Signs Non-Binding Letter of Intent to Acquire Driverless Auto Technologies and Intellectual Property Portfolio Valued Between US$80 Million and US$90 Million
SHENZHEN, China, March 4, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has signed a non-binding letter of intent (the "LOI") to acquire driverless auto technologies and intellectual property ("IP") portfolio valued between US$80 million and US$90 million. The sellers are The Carbonomi Trust and CYF (BVI) Limited (the "Sellers"). The Company plans to conduct...
Mingzhu Receives Nasdaq Minimum Bid Price Requirement Extension
SHENZHEN, China, Jan. 23, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on January 23, 2024, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through July 22, 2024. To regain compliance with NASDAQ's minimum...
Mingzhu Announces Unaudited Financial Results for the Six Months Ended June 30, 2023
SHENZHEN, China, Dec. 27, 2023 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced its unaudited financial results for the six months ended June 30, 2023. Mr. Jinlong Yang, CEO of MingZhu, commented, "While the broader economic environment remained challenged, with customers adjusting to demand fluctuations, our team was focused and worked to minimize the impact of the...
MingZhu Logistics Receives Nasdaq Notification Regarding Minimum Bid Requirements
SHENZHEN, China, July 24, 2023 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on July 24, 2023, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of...
MingZhu Logistics Enters Share Purchase Agreement to Acquire Alliance Liquor
SHENZHEN, China, May 26, 2023 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has entered into a Share Purchase Agreement (the "SPA") to acquire 100% equity of Alliance Liquor Investment (BVI) Limited ("Alliance Liquor"), which operates its liquor distribution business through its variable interest entity Xiamen Alliance Liquor Industry Group Co., Ltd. (formerly known...
MingZhu Logistics to Acquire Alliance Liquor
SHENZHEN, China, Feb. 21, 2023 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has entered into a non-binding memorandum of understanding to acquire Guizhou Alliance Liquor Management Co., Ltd. (formerly known as Guizhou Minzusheng Liquor Co., Ltd., hereafter "Alliance Liquor"), a China-based distributor of Baijiu. The companies plan to further invest in and develop a...
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CONTACTS
At the Company:
Jingwei Zhang
MingZhu Logistics Holdings Limited
Phone: (+86) 186-5937-1270
Email: company@szygmz.com
Investor Relations:
David Pasquale
Global IR Partners
New York Office Phone: +1-914-337-8801
Email: YGMZ@globalirpartners.com
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