Articles from MingZhu Logistics Holdings Limited

SHENZHEN, China, Oct. 23, 2025 (GLOBE NEWSWIRE) -- MingZhu Logistics Holdings Limited (“MingZhu” or the “Company”) (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on October 20, 2025, it received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Nasdaq staff has determined to delist the Company’s ordinary shares from The Nasdaq Capital Market (the “Delisting Determination”), because the bid price of the Company’s listed securities has closed at less than $1 per share over the previous 30 consecutive business days, and therefore it no longer complies with the Nasdaq Listing Rule 5550(a)(2) (the “Rule”). Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Rule. However, as disclosed on May 21, 2025, the Nasdaq Listing Qualifications Panel has imposed on the Company a Discretionary Panel Monitor under Listing Rule 5815(d)(4)(A) for a period of one year since May 20, 2025, and the Company will not be afforded an applicable cure or compliance period pursuant to Rule 5810(c)(3) if the Company fails any listing standard during the one-year monitoring period. Rather, the Company will be subject to delisting determination promptly.

SHENZHEN, July 09, 2025 (GLOBE NEWSWIRE) --  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 7, 2025, it executed a non-binding memorandum of understanding (“MOU”) with ENEXTREND.VN COMPANY LIMITED (“Enextrend”), a Vietnam registered company which owns the emerging cross-border e-commerce platform – Muamau Mall. The strategic partners plan to leverage their respective expertise and resources to build a high-performance cross-border logistics and supply chain efficiency. The term of the MOU is two-years, commencing from July 7, 2025 and ending on July 6, 2027, unless terminated earlier by both parties. Continuation of the cooperation contemplated by this MOU is subject to due diligence investigations by the relevant parties, the negotiation and execution of a definitive cooperation agreement, satisfaction of the conditions negotiated therein including the approval of the Company’s board of directors. There is no assurance that a definitive agreement will be entered into or that the proposed cooperation will be consummated. The Company will provide further disclosure as required by the U.S. Securities and Exchange Commission as the project progresses.

SHENZHEN, July 03, 2025 (GLOBE NEWSWIRE) -- 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 Shenzhen Mingzhuchun Wine Co., Ltd. (“Mingzhuchun”), which operates its liquor distribution business through its two subsidiaries Xiamen Bainian Qianzhuang Wine Group Co., Ltd. and Ningde Mingfu Wine Co., Ltd. in China.

Shenzhen, China, May 21, 2025 (GLOBE NEWSWIRE) -- Mingzhu Logistics Holdings Limited (“Mingzhu” or the “Company”) (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, announced today that it received a formal notification from the Nasdaq Stock Market LLC (“Nasdaq”) on May 20, 2025, that the Company has regained compliance with Listing Rule 5550(a)(2) (the “Bid Price Rule”), as required by the Nasdaq Hearings Panel’s (“Panel”) decision dated March 31, 2025.

SHENZHEN, China, March 21, 2025 (GLOBE NEWSWIRE) --  MingZhu Logistics Holdings Limited (“MingZhu” or the “Company”) (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced Ruoqiang Tengyue Logistics Co., Ltd. (“Ruoqiang Logistics”) awarded a major coal transport contract to MingZhu’s subsidiary Shenzhen Yangang Mingzhu Supply Chain Management Co. (“Mingzhu Supply Chain”).