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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 M&A process, we have evaluated a series of potential transactions, with regard to long-term potential, valuation, and alignment with building shareholder value. We are excited about the proposed acquisition of HOLDCO 36 because it would immediately transform our business into higher growth, burgeoning market segments with a favorable regulatory environment and underlying demand catalysts. Upon successful deal closure and integration, we would expect to see a meaningful creation of value for...

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MingZhu Logistics Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 20-F

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...

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MingZhu Logistics Announces Change in Auditor

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...

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MingZhu Logistics Holdings Limited Announces Closing of $20 Million Registered Direct Offering

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...

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MingZhu Logistics Holdings Limited Announces $20 Million Registered Direct Offering

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)...

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MingZhu Logistics and Huawei Logistics Enter Strategic Cooperation Agreement

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...

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MingZhu Logistics Announces Major Cooperation Agreement with China Merchants Logistics Group Urumqi Limited

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,...

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Mingzhu Logistics Holdings Limited Announces Unaudited Financial Results of First Half Year of 2020

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...

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MingZhu Logistics Holdings Limited Announces Partial Exercise of Underwriter’s Over-Allotment Option

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...

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MingZhu Logistics Holdings Limited Announces Closing of US$12.0 Million Firm Commitment Initial Public Offering

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...

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MingZhu Logistics Holdings Limited Announces Pricing of US$12.0 Million Firm Commitment Initial Public Offering

Shares are Expected to Commence Trading on October 21, 2020 on the NASDAQ Capital Market as "YGMZ"SHENZHEN, China, Oct. 21, 2020 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced the pricing 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...

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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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