NEWS

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 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, pursuant to the Nasdaq Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period specified in Nasdaq Listing Rule 5810(c)(3)(A) due to the fact that the Company...

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...

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...

SHENZHEN, China, Dec. 29, 2021 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the "MingZhu" or "Company"), a leading trucking service provider, today announced that it entered into a Share Purchase Agreement (the "SPA") on December 29, 2021 to acquire 100% of the equity interest of Cheyi (BVI) Limited (the "Cheyi BVI") which operates its business through its subsidiary Zhejiang CheYi Network Technology Co., Ltd. (the "CheYi Network"), an integrated online car-hailing and driver management...

SHENZHEN, China, Dec. 23, 2021 -- 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 ended June 30, 2021. Mr. Jinlong, CEO of MingZhu, commented, "We ended the first half of 2021 in a stronger financial position, with 8.2% year over year revenue growth, a 15% improvement in gross profit, and a 24% improvement in operating income. We...

SHENZHEN, China, Dec. 13, 2021 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (MingZhu or the Company), a leading trucking service provider, today announced that it intends to expand into the commercial liquor distribution market given the synergies and adjacency to its existing business. The Company intends to cooperate with a China-based distributor of Baijiu and other spirits to enhance its commercial liquor distribution business across China, subject to final agreement. As part of its...

SHENZHEN, China, Oct. 12, 2021 -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (MingZhu or the Company), a leading trucking service provider, today announced that it has entered into a non-binding memorandum of understanding ("MOU") to acquire the controlling interest of Xinjiang Feipeng Logistics Co. Ltd. ("Feipeng"), a services provider of slack coal transportation for the "first and last mile" by road-railway intermodal system in Xinjiang. The acquisition will provide customers an...

SHENZHEN, China, Sept. 27, 2021 -- MingZhu Logistics Holdings Ltd. (Nasdaq: YGMZ) ("the company"), a leading trucking service provider, today announced the Company attended the 16th China (Shenzhen) International Logistics and Supply Chain Fair ("CILF") held September 23-25, 2021. CILF is a must attend event for companies working in or relying upon the modern global logistics and supply chain industry. At the CILF, MingZhu Logistics received an award for Excellent Cross-Border eCommerce...

SHENZHEN, China, July 26, 2021 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services, today announced it has entered into a non-binding  memorandum of understanding ("MOU") with Damo Electric Truck ("DAMO").  Under the MOU, Mingzhu will set up a joint venture ("JV") with DAMO and DAMO will transfer its operating business and all IP it has developed or is currently developing into the JV...

SHENZHEN, China, July 6, 2021 -- 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 ("MOU") to acquire controlling equity interest of Zhejiang CheYi Network Technology Co., Ltd. ("CheYi Network"), an integrated online car-hailing and driver management services company. The acquisition offers MingZhu's...

SHENZHEN, June 29, 2021 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on June 29, 2021, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has regained compliance with the periodic filing requirement for NASDAQ under Listing Rule 5250(c)(1).  NASDAQ noted this matter is now closed.About MingZhu Logistics Holdings...