Contract Awarded to MingZhu's Feipeng Subsidiary from Sinotrans Logistics for Vehicle Transport

Core Viewpoint - MingZhu Logistics Holdings Limited has secured a significant one-year vehicle transport contract with Sinotrans Logistics, enhancing its operational capacity and financial performance [1][2]. Company Overview - MingZhu Logistics Holdings Limited, established in 2002 and headquartered in Shenzhen, China, is a 4A-rated professional trucking service provider, offering tailored logistics solutions across the country [4]. - The company operates through regional logistics terminals in Guangdong Province, utilizing a combination of self-owned and subcontracted fleets to deliver goods efficiently [4]. Contract Details - The contract awarded to MingZhu's subsidiary, Shanghai Feipeng Supply Chain Management Co., Ltd., involves transporting new energy commercial vehicles from Zhejiang Geely Holding Group's factories to various destinations in China [1]. - Initially, Feipeng will deploy 100 trucks for this transportation service, which will last until June 2025 [1]. Strategic Importance - The contract win is seen as a demonstration of MingZhu's capability to support high-profile customers, which is expected to drive significant growth and momentum for the company [2]. - Sinotrans Logistics, the contracting party, is one of the largest contract logistics companies in China, operating multiple business platforms and collaborating with numerous Fortune 500 companies [3].