NEWS

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 further due diligence on the IP portfolio and negotiate a definitive agreement. However, neither party is under any obligation to enter into or continue negotiations regarding a definitive agreement relating to the transaction. The potential acquisition is part of Mingzhu's previously announced strategic plan, under which the Company announced its intention to expand and diversify its transportation and logistics business as part of a long-term growth strategy. This includes working to accelerate...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...