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Mingzhu Logistic Limited Receives Nasdaq Delisting Notice Subject to Hearing Request
SHENZHEN, China, Oct. 23, 2025 (GLOBE NEWSWIRE) -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on October 20, 2025, it received a letter from the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that the Nasdaq staff has determined to delist the Company's ordinary shares from The Nasdaq Capital Market (the "Delisting Determination"), because the bid price of the Company's listed securities has closed at less than $1 per share over the previous 30 consecutive business days, and therefore it no longer complies with the Nasdaq Listing Rule 5550(a)(2) (the "Rule"). Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Rule. However, as disclosed on May 21, 2025, the Nasdaq Listing Qualifications Panel has imposed on the Company a Discretionary Panel Monitor under Listing Rule 5815(d)(4)(A) for a period of...
MingZhu Logistics Plans to Partner with Muamau Mall to Jointly Explore the Vietnam and the U.S. Markets
SHENZHEN, July 09, 2025 -- 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 7, 2025, it executed a non-binding memorandum of understanding ("MOU") with ENEXTREND.VN COMPANY LIMITED ("Enextrend"), a Vietnam registered company which owns the emerging cross-border e-commerce platform - Muamau Mall. The strategic partners plan to leverage their respective expertise...
MingZhu Logistics Enters Share Purchase Agreement to Acquire Mingzhuchun
SHENZHEN, July 03, 2025 -- 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 Shenzhen Mingzhuchun Wine Co., Ltd. ("Mingzhuchun"), which operates its liquor distribution business through its two subsidiaries Xiamen Bainian Qianzhuang Wine Group Co., Ltd. and Ningde Mingfu Wine Co., Ltd. in...
Mingzhu Logistics Holdings Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
Shenzhen, China, May 21, 2025 -- Mingzhu Logistics Holdings Limited ("Mingzhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, announced today that it received a formal notification from the Nasdaq Stock Market LLC ("Nasdaq") on May 20, 2025, that the Company has regained compliance with Listing Rule 5550(a)(2) (the "Bid Price Rule"), as required by the Nasdaq Hearings Panel's ("Panel") decision dated March 31, 2025. The Nasdaq staff...
A Major Contract Awarded to MingZhu
SHENZHEN, China, March 21, 2025 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced Ruoqiang Tengyue Logistics Co., Ltd. ("Ruoqiang Logistics") awarded a major coal transport contract to MingZhu's subsidiary Shenzhen Yangang Mingzhu Supply Chain Management Co. ("Mingzhu Supply Chain"). Under the contract, Mingzhu Supply Chain will provide coal transportation service to...
Mingzhu Receives Nasdaq Delisting Notice Subject to Hearing Request
SHENZHEN, China, Feb. 14, 2025 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on February 13, 2025, it received a letter from the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that the Nasdaq staff has determined to delist the Company's ordinary shares from The Nasdaq Capital Market (the "Delisting Determination"), because the bid price of the Company's...
Mingzhu Announces Unaudited Financial Results for the Six Months Ended June 30, 2024
SHENZHEN, China, Dec. 31, 2024 -- 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, 2024. Mr. Jinlong Yang, CEO of MingZhu, commented, "After the severe negative impact of the COVID downturn, our focus has been on rebuilding our core logistics business. This process has demanded substantial resources, including...
MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination
SHENZHEN, China, Sept. 12, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced the acquisition of HOLDCO 36 in a transformational business combination. The closing of the all-stock acquisition is subject to customary closing conditions, including regulatory approvals. Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu, commented, "As part of our active...
MingZhu Logistics Expects to Move Forward with Alternative Options After Mutually Agreeing with Oxylus Global to Terminate Proposed Acquisition
NEW YORK and SHENZHEN, China, Sept. 12, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ) and Oxylus Global Inc ("Oxylus") today announced they have mutually agreed to terminate the acquisition proposed on May 31, 2024 due to uncertainties around securing required regulatory approvals in a timely manner. The agreement shall be terminated and be of no further force or effect, and no party thereto shall have any continuing liabilities, damages, or obligations...
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...
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...
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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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