MingZhu Logistics Holdings Limited announced on March 21, 2025, that its subsidiary, Shenzhen Yangang Mingzhu Supply Chain Management Co., was awarded a major coal transport contract. The contract was granted by Ruoqiang Tengyue Logistics Co., Ltd.
Under the terms of the agreement, Mingzhu Supply Chain will provide coal transportation services to Ruoqiang Logistics through March 20, 2030. This long-term contract establishes a stable revenue stream for the company's logistics operations.
The contract specifies that Mingzhu Supply Chain will deploy approximately 300 trucks on the designated route during the five-year contract period. This significant commitment of resources highlights the scale and importance of the new business for MingZhu Logistics.
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