A Major Contract Awarded to MingZhu
Portfolio Pulse from
MingZhu Logistics Holdings Limited (YGMZ) announced a significant contract with Ruoqiang Tengyue Logistics Co., Ltd. to provide coal transportation services using approximately 300 trucks from now until March 20, 2030. The contract was awarded to MingZhu's subsidiary Shenzhen Yangang Mingzhu Supply Chain Management Co., highlighting the company's logistics capabilities and potential for growth.
March 21, 2025 | 2:00 pm
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POSITIVE IMPACT
Five-year contract with Ruoqiang Logistics provides stable revenue stream and demonstrates MingZhu's logistics expertise in coal transportation.
The long-term contract with a significant number of trucks suggests consistent revenue, potential for operational efficiency, and strengthened market positioning, which could positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100