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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 bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by July 22, 2024. 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 and Xinjiang Autonomous Region,...

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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...

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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...

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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...

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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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Mingzhu Announces Unaudited Financial Results for the Six Months Ended June 30, 2022

SHENZHEN, China, Dec. 28, 2022 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced its financial results for the six months period ended June 30, 2022. Mr. Jinlong Yang, CEO of MingZhu, commented, "We ended the first half of 2022 in a stronger financial performance, with 528% year over year revenue growth, with positive net income of $0.07 per share compared to a loss in the...

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MingZhu to Deploy 700 Hydrogen Fuel Cell Vehicles

MingZhu Logistics Reaches Major Next Gen Fuel Transport Cooperation Agreement SHENZHEN, China, Dec. 23, 2022 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company") announced a major next gen fuel transport cooperation, under which it will deploy 700 new generation hydrogen fuel cell vehicles. On December 21, 2022, Mingzhu entered into a Letter of Intent (the "LOI") with Shenzhen Kameng Automobile Sales and Services Co., Ltd. (the "Kameng"), an authorized dealer of...

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MingZhu Executes on US$34 Million Agreement

Strategic Bulk Coal Cargo Transport Agreement Targets 240,000 Tons Per Month SHENZHEN, China, Dec. 22, 2022 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company") today announced the Company has started the execution of a major cooperation agreement with Xinjiang Tianfu Yitong Supply Chain Management Co., Ltd. (the "Tianfu" ), which is expected to generate more than 240 million yuan (approximately US$34 million) over the next 12 months in term of revenue for the...

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MingZhu to Acquire Feipeng for Approximately US$15 Million

Deal Expands Critical First and Last Mile Slack Coal Transport Network SHENZHEN, China, Dec. 21, 2022 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company"), a leading trucking service provider, today announced it has entered into a Share Purchase Agreement (the "SPA") to acquire Feipeng Global Limited (the "Feipeng"), a services provider of slack coal transportation for the "first and last mile" by road-railway intermodal system in Xinjiang, China. The acquisition is...

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MingZhu Logistics Updates Instructions to Participate in 2022 Annual Meeting via Video Conferencing

SHENZHEN, China, Sept. 5, 2022 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company"), a trucking service provider, today announced updated instructions to participate in the Company's 2022 Annual Meeting via video conferencing to accommodate ongoing COVID concerns and travel challenges. The Annual Meeting will take place virtually via Zoom at 10:00 a.m. Eastern Time on September 6, 2022. To Participate at 10:00 a.m. Eastern Time, on Tuesday, Sept. 6, 2022:Please click...

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MingZhu Logistics Enters into Share Purchase Agreement to Acquire Yinhua (BVI) Limited

SHENZHEN, China, March 14, 2022 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company"), a leading trucking service provider, today announced it has entered into a Share Purchase Agreement to acquire Yinhua (BVI) Limited (the "Yinhua"), which develops and operates a comprehensive auto related service platform to serve auto insurance companies. MingZhu expects this acquisition to be immediately accretive to its revenue, gross margin and net income. The transaction is...

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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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