MingZhu Logistics Holdings
General Information | |
Business: | (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.)
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Industry: | TRANSPORTATION SERVICES |
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: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |