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linda1

09/08/22 1:22 PM

#5435 RE: Deuces #5434

The last two PR’d acquisitions of MingZhu Logistics
were CHEYI NETWORK - Dec 29, 2021 -
and YINHUA (BVI) LIMITED - March 14, 2022.


MingZhu Logistics paid in shares and cash
$ 29, 466,032 for CHEYI NETWORK and
$ 18, 302,500 for YINHUA (BVI) LIMITED.


In the PRs MingZhu Logistics is speculating
a $ 3, 000,000 “ Net Income “ for CHEYI and
a $ 1, 300,000 “ Net Income “ for YINHUA.


Since YINHUA is its latest PR’d acquisition this
could be the Company to merge into KAST.




https://www.prnewswire.com/news-releases/mingzhu-logistics-enters-into-share-purchase-agreement-to-acquire-cheyi-network-301451480.html



https://www.prnewswire.com/news-releases/mingzhu-logistics-enters-into-share-purchase-agreement-to-acquire-yinhua-bvi-limited-301501510.html




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