NEWS

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 significant investments and dedicated personnel to meet customer needs. Unfortunately, the additional costs, coupled with higher interest rates, have been amplified by lower sales during the six months ending June 30, 2024, resulting in an increased net loss. Moving forward, our priorities are twofold. First, we are committed to returning sales growth in our core logistics business while reducing operating expenses to improve profitability. While this will take time, we are encouraged by early...

SHENZHEN, June 28, 2021 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced its audited financial results for the full year ended December 31, 2020. Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu Logistics Holdings Limited, commented, "2020 was a year of major milestone achievements, as we executed on our business strategy and strengthened our...

SHENZHEN, China, May 19, 2021 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced today announced it has received a notice of non-compliance from Nasdaq stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended December 31, 2020, MingZhu is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of...

SHENZHEN, China, May 17, 2021 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced its Audit Committee has dismissed Friedman LLP ("Friedman") as the Company's independent auditor and engaged Singapore-based Audit Alliance LLP, as its new independent auditor, effective today. The Company's Audit Committee reached its decision to engage Audit Alliance LLP as the new...

SHENZHEN, China, March 12, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), a China-based trucking services provider, today announced that it has closed a registered direct offering of an aggregate of 3,333,335 units of its securities (each, a "Unit"), with each Unit consisting of (i) one ordinary share of the Company, par value $0.001 per share, and (ii) one warrant to purchase 0.75 ordinary share (together, the "Warrants"), at a price of $6.00 per...

SHENZHEN, China, March 10, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), a China-based trucking services provider, today announced that it entered into securities purchase agreements with certain institutional investors in connection with a registered direct offering of an aggregate of 3,333,335 units of its securities (each, a "Unit"), with each Unit consisting of (i) one ordinary share of the Company, par value $0.001 per share, and (ii)...

Crucial, Integrated Link Between Manufacturers and Railway TransportSHENZHEN, China, March 3, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a leading trucking service provider, announced a significant new strategic cooperation with Guangdong Huawei Modern Logistics Co., Ltd ("Huawei Logistics").  The cooperation agreement will leverage MingZhu's trucking fleets and logistics expertise to provide a crucial, integrated link to and...

Agreement to Set New Standard; Provides Exclusive, Crucial Link Between Mines and RailroadsSHENZHEN, China, March 1, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a leading trucking service provider, announced a major cooperation agreement with Sinotrans Logistics Limited's wholly owned subsidiary, China Merchants Logistics Group Urumqi Limited ("China Merchants").  The cooperation agreement is designed to provide an exclusive,...

SHENZHEN, China, Dec. 30, 2020 /PRNewswire/ -- MingZhu Logistics Holdings Limited (the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced its unaudited financial results for the six months ended June 30, 2020.Financial Highlights for the Six months ended June 30, 2020Total revenues decreased by 8.2% from US$9.7 million for the six months ended June 30, 2019 to US$8.9 million for the six months ended June 30, 2020. Income from operations was US$312.0 thousand...

SHENZHEN, China, Oct. 30, 2020 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced that ViewTrade Securities, Inc., who acted as the underwriter and sole book-runner of the Company's underwritten initial public offering ("IPO"), has exercised the partial over-allotment option and purchased an additional 350,000 ordinary shares of the Company at the IPO price of $4.00 per share. As a...

SHENZHEN, Oct. 23, 2020 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced the closing of its firm commitment initial public offering of 3,000,000 ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of US$12 million, before deducting underwriting discounts, commissions and other related expenses. In addition, MingZhu has granted the underwriters a...