MingZhu Logistics Holdings

General Information

(MingZhu was priced on 10/21/20 at $4 on 3 million shares, on its SEC-filed terms, and opened 10/21/20 at $4.40; it closed at $4.25 on its first day.) From the prospectus: We are one of the fastest-growing 3A-grade trucking services providers in China with 18 years of experience in the transportation industry. We formed our first operating subsidiary in 2002 to engage in the business of trucking services and subsequently formed four other wholly owned subsidiaries.  As a result of our continuous growth, we have become the second- largest transportation company in the Guangdong region, and we have been recognized and accredited by the China Federation of Logistics and Purchasing as a 3A-Grade trucking services provider. (Note: Revenue and net income figures are for 2019, according to the prospectus.)


Employees: 210
Founded: 2002
Contact Information
Address 27F, Yantian Modern Industry Service Center No. 3018 Shayan Road, Yantian District, Shenzhen, Guangdong, China
Phone Number (86) 755-25209839
Web Address http://www.szygmz.com
View Prospectus: MingZhu Logistics Holdings
Financial Information
Market Cap $48.0mil
Revenues $29.4 mil (last 12 months)
Net Income $1.6 mil (last 12 months)
IPO Profile
Symbol YGMZ
Exchange NASDAQ
Shares (millions): 3.0
Price range $4.00 - $4.00
Est. $ Volume $12.0 mil
Manager / Joint Managers ViewTrade Securities
CO-Managers -
Expected To Trade: 10/21/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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