A Major Contract Awarded to MingZhu
March 21 2025 - 9:41AM
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”).
Under the contract, Mingzhu Supply Chain will
provide coal transportation service to Ruoqiang Logistics through
March 20, 2030. Ruoqiang Logistics contracted Mingzhu Supply Chain
to provide approximately 300 trucks on the route during the
contract period.
Mr. Jinlong Yang, Chairman and Chief Executive
Officer of MingZhu Logistics Holdings Limited, commented, “This
victory highlights our ability to seamlessly support high-profile
clients, delivering both financial benefits and reinforcing our
market position. This success is driving remarkable momentum and
growth for our company, while also serving as a significant
milestone for our investors. It underscores our commitment to
creating and maximizing value for all stakeholders.”
Mingzhu Supply Chain, a subsidiary of MingZhu,
was founded in 2018. It provides integrated solutions to the
logistics supply chain in order to reduce costs and increase
efficiency.
Ruoqiang Logistics is a is a trusted
partner in the coal transportation industry, specializing in
connecting power plants and chemical factories with reliable and
efficient logistics solutions. With a strong focus on operational
excellence and customer satisfaction, Ruoqiang Logistics ensures
seamless coordination and timely delivery of coal to support
critical energy and industrial operations. One of its key strengths
lies in its robust cash flow management, which allows it to
maintain financial stability, invest in strategic partnerships, and
deliver consistent value to both its clients and transportation
partners.
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 https://ir.szygmz.com/.
Forward-Looking StatementsThe
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). 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.
For further information, please
contact.MingZhu Logistics Holdings
Limited:Jingwei ZhangEmail: company@szygmz.comPhone: +86
186-5937-1270
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