Core Viewpoint - MingZhu Logistics Holdings Limited has announced its agreement to acquire Oxylus Global Inc as part of its strategy for business diversification and growth acceleration, with the acquisition expected to close by the end of 2024, subject to regulatory approvals [1][2]. Group 1: Acquisition Details - The acquisition of Oxylus is an all-stock deal aimed at enhancing MingZhu's capabilities in logistics and transportation services [1]. - The closing of the acquisition is contingent upon customary closing conditions, including regulatory approvals [1]. Group 2: Strategic Goals - The latest phase of MingZhu's strategy focuses on integrating transformational technologies to modernize the logistics industry into a high-performance platform utilizing satellite and AI-based services [2]. - Oxylus plans to invest in technologies such as satellite-based communication, IoT infrastructure, and AI-powered platforms, which are expected to enhance operational efficiencies and create new fintech services [2]. Group 3: Leadership Perspective - The Chairman and CEO of MingZhu expressed confidence that the acquisition of Oxylus will accelerate growth and expand future opportunities, creating long-term value for shareholders [3]. - The management team recognizes the critical importance of adopting new technologies to gain competitive advantages in the evolving market landscape [3]. Group 4: About Oxylus - Oxylus Global Inc is a digital asset infrastructure service company that operates a global satellite network and is developing a space-based supercomputing and optical communications network [4]. - The company has planned headquarters in Zug, Switzerland, with regional offices in Shanghai, Seoul, and New York [4]. Group 5: About MingZhu - MingZhu Logistics Holdings Limited, established in 2002 and headquartered in Shenzhen, China, is a professional trucking service provider with a focus on tailored logistics solutions across the country [5].

SHENZHEN, China, May 17, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it will partner with Carbonomi Trust ("Carbonomi"), a leading investor in energy transition-related technologies and companies including satellite-based communication and IoT infrastructure. The strategic partners will leverage their respective expertise and resources to build a high-performance ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...

SHENZHEN, China, May 1, 2024 /PRNewswire/ -- 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 non-binding memorandum of understanding to acquire Xiamen Mingfu Liquor Industry Co., Ltd., a China-based distributor of Baijiu. The acquisition, subject to a final agreement, will help accelerate growth of MingZhu's premium liquor business in China, which includes self-owne ...

SHENZHEN, China, March 4, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has signed a non-binding letter of intent (the "LOI") to acquire driverless auto technologies and intellectual property ("IP") portfolio valued between US$80 million and US$90 million. The sellers are The Carbonomi Trust and CYF (BVI) Limited (the "Sellers"). The Company plans to conduct fur ...

SHENZHEN, China, Jan. 23, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on January 23, 2024, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through July 22, 2024.  To regain compliance with NASDAQ's minimum ...

Exhibit 99.1 Mingzhu Announces Unaudited Financial Results for the Six Months Ended June 30, 2023 SHENZHEN, China, December 27, 2023 – MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced its unaudited financial results for the six months ended June 30, 2023. Mr. Jinlong Yang, CEO of MingZhu, commented, "While the broader economic environment remained challenged, with customers adjusting to d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...