
Core Viewpoint - Mingzhu Freight (YGMZ) experienced a significant stock price increase of 11.11%, reaching $0.8 per share, with a total market capitalization of $61.34 million as of August 19 [1] Financial Performance - For the fiscal year ending December 31, 2024, Mingzhu Freight reported total revenue of $40.43 million, reflecting a year-over-year decrease of 54.57% [1] - The company recorded a net loss attributable to shareholders of $6.19 million, which represents a year-over-year increase of 35.41% [1] Company Overview - Mingzhu Freight Holdings Limited is an offshore holding company registered abroad, operating through its domestic subsidiary, Shenzhen Yanguang Mingzhu Freight Industry Co., Ltd. [1] - The subsidiary, established in July 2002, is an independent logistics enterprise based in Yantian Port, Shenzhen, specializing in domestic long-haul container transportation and port container transportation services [1]