MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination

Core Viewpoint - MingZhu Logistics Holdings Limited announced the acquisition of HOLDCO 36, which is expected to transform the company into higher growth market segments with favorable regulatory conditions and demand catalysts [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 [3]. Acquisition Details - The acquisition of HOLDCO 36 is an all-stock transaction subject to customary closing conditions, including regulatory approvals [1]. - The acquisition is part of MingZhu's active M&A strategy, focusing on long-term potential and shareholder value [2]. - The initial business assets being acquired include: - Green Fuel Smart Trading Platform, aimed at establishing a global distribution platform for sustainable fuels [2]. - EPC+O services for biomass energy and new energy systems, providing consulting services across multiple continents [2]. - An intelligent financial service platform for leasing green vessels and maritime equipment [2]. - Digital Energy Services Segment targeting the steel industry, focusing on carbon reduction and energy management [2].