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$YGMZ $1.12 $0.08 +7.69% This Past Week - MingZhu Logistics Holdings Ltd is a holding company mainly providing trucking service in the transportation industry. Through its subsidiaries, it also provides air freight service and supply chain management services. It operates a truckload fleet with tractors and trailers. Its customers primarily include sizeable logistics companies, freight forwarders and warehouse operators. The Company mainly conduct its businesses within the China market. https://stockhouse.com/companies/quote?symbol=ygmz
$YGMZ MingZhu Logistic's next chapter is here. See the latest press release: MingZhu to Acquire HOLDCO 36 in Transformational Business Combination https://ir.szygmz.com/mingzhu-logistics-to-acquire-holdco-36-in-transformational-business-combination/
#logisticscompany #logistics #shipping #peoplesrepublic #export
#investor #shareholders
$YGMZ OUR LATEST PRESS:
MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination
Mr. Jinlong Yang, Chairman and CEO stated,
"We are excited about the proposed acquisition of HOLDCO 36 because it would immediately transform our business into higher growth." https://ir.szygmz.com/mingzhu-logistics-to-acquire-holdco-36-in-transformational-business-combination/ @nasdaq #logistics #investment #supplychain #Global
#operations #management #delivery #warehouse #freightliner #freight #trucking #fleetmaintenance #negotiation
#transporte #transportationdesign
#inventory #nasdaq #nasdaqsignals✅ #acquistionline
NEWS: $YGMZ News: MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination
View original content: https://prnewswire.com/news-releases/mingzhu-logistics-to-acquire-holdco-36-in-transformational-business-combination-302246593.html
NEWS: $YGMZ MingZhu Logistics Expects to Move Forward with Alternative Options After Mutually Agreeing with Oxylus Global to Terminate Proposed Acquisition
View original content: https://prnewswire.com/news-releases/mingzhu-logistics-expects-to-move-forward-with-alternative-options-after-mutually-agreeing-with-oxylus-global-to-terminate-proposed-acquisition-302246586.html
$YGMZ News: MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination
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. 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 all shareholders."
For assets and projects being injected, parties are with explicit understanding that the projects contributed by HOLDCO 36 and their conditions may change but new projects are always being secured and developed to either be added or be replacing non-active ones. Initial business assets and operations being acquired are expected to include:
Green Fuel Smart Trading Platform: A comprehensive global distribution platform for biofuels, natural gas, hydrogen-based fuels, methanol, and related equipment. This platform aims to establish itself as the OPEC of green biofuels, facilitating the trade and distribution of sustainable fuel sources worldwide.
EPC+O: Engineering, Procurement, Construction, and Operations for biomass energy, and new energy systems such as wind, solar, storage, hydrogen, and ammonia EPC engineering productions systems. Using the existing ECaaS to provide distributed biomass "carbon-electricity-biomass energy" co-generation solutions. The business provides wind, solar, storage, green hydrogen, and green ammonia and green fuel EPC consulting services to clients in Americas, Asia, Africa and Europe.
Power Leasing and Energy: Developed an intelligent financial service platform for sales and lease financing for green and lightweight vessels, maritime equipment and lightweight materials for vessels.
Digital Energy Services Segment for the Steel Industry: Innovating a smart virtual power plant for closed-loop virtual scenarios targeting steel mills worldwide, supporting local distributed energy operations and usage. Managing national zero-carbon industrial parks for the steel industry and voluntary carbon reduction, which provides carbon credit, supply chain carbon verification, green certificate trading and verification.
About MingZhu Logistics Holdings Limited (Nasdaq: YGMZ)
Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company's regional logistics terminals in Guangdong Province, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic coverage across the country by a combination of self-owned fleets tractors and trailers and subcontractors' fleets. For more information, please visit http://ir.szygmz.com.
Forward-Looking Statements
The statements in this press release regarding the Company's future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, future events, expected performance, assumptions and any other statements of fact that have not occurred. Any statements that contain the words "may", "will", "want", "should", "believe", "expect", "anticipate", "estimate", "calculate" or similar statements that are not factual in nature are to be considered forward-looking statements. Actual results may differ materially from historical results or from those expressed in these forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, the Company's strategic objectives, the Company's future plans, market demand and user acceptance of the Company's products or services, technological advances, economic trends, the growth of the trucking services market in China, the Company's reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, fluctuations in China's macroeconomic conditions, and the risks and assumptions disclosed in the Company's reports provided to the CSRC (China Security Regulatory Commission). The potential acquisition involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements including but not limited to statements about the potential benefits of the potential acquisition; the anticipated timing of closing of the potential acquisition (including failure to obtain necessary regulatory approvals) and the possibility that the potential acquisition does not close; risks related to the ability to realize the anticipated benefits of the potential acquisition, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; the risk that the businesses will not be integrated successfully; disruption from the potential acquisition making it more difficult to maintain business and operational relationships; negative effects of announcing the potential acquisition or the consummation of the potential acquisition on the market price of our common stock or operating results; costs associated with the potential acquisition; unknown liabilities; and the risk of litigation and/or regulatory actions related to the potential acquisition. For these and other related reasons, we advise investors not to place any reliance on these forward-looking statements, and we urge investors to review the Company's relevant SEC filings for additional factors that may affect the Company's future results of operations. The Company undertakes no obligation to publicly revise these forward-looking statements subsequent to the filing of these documents as a result of changes in particular events or circumstances.
https://c212.net/c/img/favicon.png?sn=CN05051&sd=2024-09-12 View original content:https://www.prnewswire.com/news-releases/mingzhu-logistics-to-acquire-holdco-36-in-transformational-business-combination-302246593.html
SOURCE MingZhu Logistics Holdings Limited
$YGMZ $1.175 +8.80% Today. Nice update on Industry Growth Drivers by @MingZhuLogistic @nasdaq
Relative growth leading to much higher revenues.
#trucking #freight
$YGMZ Growth of trucking service market is driven by population growth, economic growth, e-commerce boom, the infrastructure buildout, and government support. @Nasdaq #logistics #investment #supplychain #Global #operations #management #delivery #warehouse #freightliner #trucking pic.twitter.com/UuEYlfQcXb
— MingZhu Logistics Holdings LTD (Nasdaq: YGMZ) (@MingZhuLogistic) September 10, 2024
$YGMZ Welcome to an exciting opportunity with MingZhu Logistics Holdings Limited (NASDAQ:YGMZ). The recent acquisition of Oxylus Global highlights our diversification and growth acceleration strategy transforming traditional logistics into a high-performance intelligent network. Our Website: https://ir.szygmz.com/
@nasdaq #liquor #logistics #investment #supplychain #Global
#operations #management #delivery
#warehouse #freightliner #freight
#trucking #fleetmaintenance #negotiation
#transporte #transportationdesign
#inventory #nasdaq #nasdaqsignals✅
$YGMZ Welcome to an exciting opportunity with MingZhu Logistics Holdings Limited (NASDAQ:YGMZ). The recent acquisition of Oxylus Global highlights our diversification and growth acceleration strategy transforming traditional logistics into a high-performance intelligent network. pic.twitter.com/8IheYCH7It
— MingZhu Logistics Holdings LTD (Nasdaq: YGMZ) (@MingZhuLogistic) September 3, 2024
Good morning $YGMZ! #Bullish wedge forming on the monthly chart.
$YGMZ The global logistics market size was estimated at USD 3,794.4 billion in 2023 and expected to expand at a CAGR of 7.2% from 2024 to 2030; The market represents a dynamic and rapidly evolving sector that plays a crucial role in global trade and commerce. @nasdaq #logistics
$YGMZ Investor Overview: https://ir.szygmz.com/investor-overview/
FUELED BY FOCUS "We achieve constant innovation in logistics by bringing together great people and systems."
$YMGZ
$YGMZ $1.06 +2.42% HOD $1.10 “Logistics promotes the economy and connects the world.” – Chairman Jinlong Yang
$YGMZ On watch here #nasdaq regaining compliance. "MingZhu Logistics Regains Compliance with Nasdaq Minimum Bid Price Requirement" #breakingnews #RT https://finance.yahoo.com/news/mingzhu-logistics-regains-compliance-nasdaq-102400551.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
YGMZ: Latest 'CHART'!!!
YGMZ: Heck, so ya think JESUS was the only thing capable of RISING FROM THE DEAD??? (Allegorically speaking, that is.)
YGMZ: To the MOOOOOOOON!!!
YGMZ: Boy, I'll say there is some "upward potential" here, Bro!! (Especially behind THIS kind of news!!)
https://www.prnewswire.com/news-releases/mingzhu-logistics-agrees-to-acquire-oxylus-global-company-targeting-continued-aggressive-diversification-and-growth-acceleration-strategy-302160883.html
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WRONG, Donald Dumptruck!!! CHINA is the greatest Nation on this PLANET, fool!! (Oh, & by the way Mr. Trump, YOU will soon be 'eating lunch' --- both literally AND figuratively --- at LOMPOC FEDERAL PRISON, clown!!!)
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YGMZ:"There's something happening here --- what it is ain't exactly clear."
https://www.defenseworld.net/2024/05/30/mingzhu-logistics-holdings-limited-nasdaqygmz-short-interest-update.html
Sep 12, 2024
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 all shareholders.”
For assets and projects being injected, parties are with explicit understanding that the projects contributed by HOLDCO 36 and their conditions may change but new projects are always being secured and developed to either be added or be replacing non-active ones. Initial business assets and operations being acquired are expected to include:
About MingZhu Logistics Holdings Limited (Nasdaq: YGMZ)
Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company’s regional logistics terminals in Guangdong Province, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic coverage across the country by a combination of self-owned fleets tractors and trailers and subcontractors’ fleets. For more information, please visit ir.szygmz.com.
Forward-Looking Statements
The statements in this press release regarding the Company’s future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, future events, expected performance, assumptions and any other statements of fact that have not occurred. Any statements that contain the words “may”, “will”, “want”, “should”, “believe”, “expect”, “anticipate”, “estimate”, “calculate” or similar statements that are not factual in nature are to be considered forward-looking statements. Actual results may differ materially from historical results or from those expressed in these forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, the Company’s strategic objectives, the Company’s future plans, market demand and user acceptance of the Company’s products or services, technological advances, economic trends, the growth of the trucking services market in China, the Company’s reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, fluctuations in China’s macroeconomic conditions, and the risks and assumptions disclosed in the Company’s reports provided to the CSRC (China Security Regulatory Commission). The potential acquisition involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements including but not limited to statements about the potential benefits of the potential acquisition; the anticipated timing of closing of the potential acquisition (including failure to obtain necessary regulatory approvals) and the possibility that the potential acquisition does not close; risks related to the ability to realize the anticipated benefits of the potential acquisition, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; the risk that the businesses will not be integrated successfully; disruption from the potential acquisition making it more difficult to maintain business and operational relationships; negative effects of announcing the potential acquisition or the consummation of the potential acquisition on the market price of our common stock or operating results; costs associated with the potential acquisition; unknown liabilities; and the risk of litigation and/or regulatory actions related to the potential acquisition. For these and other related reasons, we advise investors not to place any reliance on these forward-looking statements, and we urge investors to review the Company’s relevant SEC filings for additional factors that may affect the Company’s future results of operations. The Company undertakes no obligation to publicly revise these forward-looking statements subsequent to the filing of these documents as a result of changes in particular events or circumstances.
View original content: https://www.prnewswire.com/news-releases/mingzhu-logistics-to-acquire-holdco-36-in-transformational-business-combination-302246593.html
SOURCE MingZhu Logistics Holdings Limited
Sep 12, 2024
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 to the other party.
MingZhu Logistics Holdings noted it expects to now move forward with alternative options as part of its continued aggressive business diversification and growth acceleration strategy.
About MingZhu Logistics Holdings Limited (Nasdaq: YGMZ)
Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company’s regional logistics terminals in Guangdong Province, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic coverage across the country by a combination of self-owned fleets tractors and trailers and subcontractors’ fleets. For more information, please visit ir.szygmz.com.
Forward-Looking Statements
The statements in this press release regarding the Company’s future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, future events, expected performance, assumptions and any other statements of fact that have not occurred. Any statements that contain the words “may”, “will”, “want”, “should”, “believe”, “expect”, “anticipate”, “estimate”, “calculate” or similar statements that are not factual in nature are to be considered forward-looking statements. Actual results may differ materially from historical results or from those expressed in these forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, the Company’s strategic objectives, the Company’s future plans, market demand and user acceptance of the Company’s products or services, technological advances, economic trends, the growth of the trucking services market in China, the Company’s reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, fluctuations in China’s macroeconomic conditions, and the risks and assumptions disclosed in the Company’s reports provided to the CSRC (China Security Regulatory Commission). The potential acquisition involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements including but not limited to statements about the potential benefits of the potential acquisition; the anticipated timing of closing of the potential acquisition (including failure to obtain necessary regulatory approvals) and the possibility that the potential acquisition does not close; risks related to the ability to realize the anticipated benefits of the potential acquisition, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; the risk that the businesses will not be integrated successfully; disruption from the potential acquisition making it more difficult to maintain business and operational relationships; negative effects of announcing the potential acquisition or the consummation of the potential acquisition on the market price of our common stock or operating results; costs associated with the potential acquisition; unknown liabilities; and the risk of litigation and/or regulatory actions related to the potential acquisition. For these and other related reasons, we advise investors not to place any reliance on these forward-looking statements, and we urge investors to review the Company’s relevant SEC filings for additional factors that may affect the Company’s future results of operations. The Company undertakes no obligation to publicly revise these forward-looking statements subsequent to the filing of these documents as a result of changes in particular events or circumstances.
View original content: https://www.prnewswire.com/news-releases/mingzhu-logistics-expects-to-move-forward-with-alternative-options-after-mutually-agreeing-with-oxylus-global-to-terminate-proposed-acquisition-302246586.html
SOURCE MingZhu Logistics Holdings Limited
AI
