SHENZHEN, China, March 21, 2025 — MingZhu Logistics Holdings Limited (Nasdaq: YGMZ), a leading provider of logistics and transportation solutions for businesses, today announced that its subsidiary, Shenzhen Yangang Mingzhu Supply Chain Management Co. (“Mingzhu Supply Chain”), has been awarded a significant coal transport contract by Ruoqiang Tengyue Logistics Co., Ltd. (“Ruoqiang Logistics”).
The contract stipulates that Mingzhu Supply Chain will provide coal transportation services to Ruoqiang Logistics until March 20, 2030. Ruoqiang Logistics has contracted Mingzhu Supply Chain to deploy approximately 300 trucks on the designated route throughout the contract’s duration.
Mr. Jinlong Yang, Chairman and CEO of MingZhu Logistics Holdings Limited, stated, “This achievement demonstrates our capability to effectively support prominent clients, generating financial gains and strengthening our market position. This success is fueling substantial growth and momentum for our company and marks a significant milestone for our investors. It emphasizes our dedication to generating and maximizing value for all stakeholders.”
Mingzhu Supply Chain, established in 2018 as a MingZhu subsidiary, offers comprehensive logistics supply chain solutions aimed at reducing costs and improving efficiency.
Ruoqiang Logistics is a reputable entity in the coal transportation sector, specializing in providing dependable and efficient logistics solutions connecting power plants and chemical factories. With a strong emphasis on operational excellence and customer satisfaction, Ruoqiang Logistics ensures smooth coordination and timely coal delivery to support vital energy and industrial operations. A key advantage lies in its strong cash flow management, enabling it to maintain financial stability, invest in strategic alliances, and consistently deliver value to both clients and transportation partners.
About MingZhu Logistics Holdings Limited (Nasdaq: YGMZ)
MingZhu Logistics Holdings Limited, established in 2002 and based in Shenzhen, China, is a 4A-rated professional trucking service provider. Utilizing its regional logistics terminals in Guangdong Province, MingZhu Logistics Holdings offers customized solutions to transport client goods via its extensive network and broad geographic coverage across the country, employing a combination of owned tractors, trailers, and subcontractor fleets. For further details, please visit .
Forward-Looking Statements
This press release contains statements regarding the Company’s future expectations, plans, and prospects that constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements encompass plans, goals, objectives, strategies, future events, anticipated performance, assumptions, and any non-historical statements of fact. Statements including terms like “may,” “will,” “want,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “calculate,” or similar non-factual expressions are deemed forward-looking statements. Actual results may significantly differ from historical results or those projected in these forward-looking statements due to various factors. These factors include, but are not limited to, the Company’s strategic aims, future plans, market demand, user acceptance of products/services, technological advancements, economic trends, growth of China’s trucking services market, the Company’s reputation and brand, the impact of industry competition and bidding, relevant regulations and policies, fluctuations in China’s macroeconomic conditions, and the risks and assumptions detailed in the Company’s reports submitted to the CSRC (China Security Regulatory Commission). Consequently, investors are advised against placing undue reliance on these forward-looking statements and are urged to review the Company’s relevant SEC filings for additional factors that could affect future operational results. The Company disclaims any obligation to publicly update these forward-looking statements following the filing of these documents to reflect changes in specific events or circumstances.
For further information, please contact.
MingZhu Logistics Holdings Limited:
Jingwei Zhang
Email:
Phone: +86 186-5937-1270
“`