MingZhu Logistics Holdings

MingZhu Logistics Holdings Ltd. is a transportation company, which engages in the provision of trucking and delivery services. It also operates a truckload fleet. The company was founded by Jin Long Yang in 2002 and is headquartered in Shenzhen, China.

MingZhu Logistics Holdings Ltd. is a transportation company, which engages in the provision of trucking and delivery services. It also operates a truckload fleet. It operates through the following segments: Trucking Services, Car-Hailing and Driver Management Services, Car Owner Services, and Liquor Distribution. The company was founded by Jin Long Yang in 2002 and is headquartered in Shenzhen, China.

SHENZHEN, China , Sept. 12, 2024 /PRNewswire/ -- 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.

MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination

NEW YORK and SHENZHEN, China , Sept. 12, 2024 /PRNewswire/ -- 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.

MingZhu Logistics Expects to Move Forward with Alternative Options After Mutually Agreeing with Oxylus Global to Terminate Proposed Acquisition

SHENZHEN, China , July 17, 2024 /PRNewswire/ -- 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 shares will continue to trade uninterrupted on Nasdaq under the ticker "YGMZ".

MingZhu Logistics Regains Compliance with Nasdaq Minimum Bid Price Requirement

SHENZHEN, China , July 10, 2024 /PRNewswire/ -- 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.

Contract Awarded to MingZhu's Feipeng Subsidiary from Sinotrans Logistics for Vehicle Transport

NEW YORK and SHENZHEN, China , May 31, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has agreed to acquire Oxylus Global Inc ("Oxylus")., as part of its continued aggressive business diversification and growth acceleration strategy.

MingZhu Logistics Agrees to Acquire Oxylus Global; Company Targeting Continued Aggressive Diversification and Growth Acceleration Strategy

SHENZHEN, China , May 17, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it will partner with Carbonomi Trust ("Carbonomi"), a leading investor in energy transition-related technologies and companies including satellite-based communication and IoT infrastructure. The strategic partners will leverage their respective expertise and resources to build a high-performance satellite-based intelligent logistics network primarily targeting business and enterprise users, with fixed site and mobile coverage.

MingZhu Logistics Partners with Carbonomi Group to Build High-Performance Satellite-Based Intelligent Logistics Network

SHENZHEN, China , May 1, 2024 /PRNewswire/ -- 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 Xiamen Mingfu Liquor Industry Co., Ltd., a China-based distributor of Baijiu.

MingZhu Logistics to Acquire Mingfu Liquor; Expands Premium Liquor Business in China

SHENZHEN, China , March 4, 2024 /PRNewswire/ -- 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").

MingZhu Logistics Signs Non-Binding Letter of Intent to Acquire Driverless Auto Technologies and Intellectual Property Portfolio Valued Between US$80 Million and US$90 Million

SHENZHEN, China , Jan. 23, 2024 /PRNewswire/ -- 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 bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by July 22, 2024.

Mingzhu Receives Nasdaq Minimum Bid Price Requirement Extension

SHENZHEN, China , Dec. 27, 2023 /PRNewswire/ -- 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 volatility where we could.

Mingzhu Announces Unaudited Financial Results for the Six Months Ended June 30, 2023

MingZhu Logistics (NASDAQ: YGMZ ) stock is soaring higher on Monday despite a lack of news from the Chinese trucking company. There are no new press releases or filings with the Securities and Exchange Commission (SEC) that explain why YGMZ shares are up today.

Why Is MingZhu Logistics (YGMZ) Stock Up 54% Today?

SHENZHEN, China , July 24, 2023 /PRNewswire/ -- 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 the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days.

MingZhu Logistics Receives Nasdaq Notification Regarding Minimum Bid Requirements

SHENZHEN, China , May 26, 2023 /PRNewswire/ -- 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 as Guizhou Minzusheng Liquor Co., Ltd.

MingZhu Logistics Enters Share Purchase Agreement to Acquire Alliance Liquor

SHENZHEN, China , Feb. 21, 2023 /PRNewswire/ -- 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.

MingZhu Logistics to Acquire Alliance Liquor

SHENZHEN, China , Dec. 28, 2022 /PRNewswire/ -- 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 year ago period.

Mingzhu Announces Unaudited Financial Results for the Six Months Ended June 30, 2022

MingZhu Logistics Reaches Major  Next Gen Fuel Transport Cooperation Agreement SHENZHEN, China , Dec. 23, 2022 /PRNewswire/ -- 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.

MingZhu to Deploy 700 Hydrogen Fuel Cell Vehicles

Strategic Bulk Coal Cargo Transport Agreement  Targets 240,000 Tons Per Month SHENZHEN, China , Dec. 22, 2022 /PRNewswire/ -- 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.

MingZhu Executes on US$34 Million Agreement

Deal Expands Critical First and Last Mile Slack Coal Transport Network SHENZHEN, China , Dec. 21, 2022 /PRNewswire/ -- 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.

MingZhu to Acquire Feipeng for Approximately US$15 Million

SHENZHEN, China , Sept. 5, 2022 /PRNewswire/ -- MingZhu Logistics Holdings Ltd.

MingZhu Logistics Updates Instructions to Participate in 2022 Annual Meeting via Video Conferencing

SHENZHEN, China , March 14, 2022 /PRNewswire/ -- 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 Logistics Enters into Share Purchase Agreement to Acquire Yinhua (BVI) Limited

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The stock price of MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) increased by over 40% pre-market today. This is why it happened.

MingZhu Logistics Holdings Stock (YGMZ): Why The Price Surged Today

SHENZHEN, China, Dec. 29, 2021 /PRNewswire/ -- 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.

MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network

SHENZHEN, China, Dec. 23, 2021 /PRNewswire/ -- 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.

Mingzhu Announces Unaudited Financial Results for the Six Months Ended June 30, 2021

SHENZHEN, China, Dec. 13, 2021 /PRNewswire/ -- 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.

News for MingZhu Logistics Holdings Stock (YGMZ)