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Mingzhu Logistics To Acquire Alliance Liquor

PRIVATEFeb 21, 2023

Acquiring Company

MingZhu Logistics Holdings Limited (NASDAQ

Acquired Company

Alliance Liquor

TransportationLogistics

Description

MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced it has entered into a non-binding memorandum of understanding to acquire Guizhou Alliance Liquor Management Co., Ltd. (formerly known as Guizhou Minzusheng Liquor Co., Ltd., hereafter "Alliance Liquor"), a China-based distributor of Baijiu. The companies plan to further invest in and develop a commercial liquor distribution business across China.

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Company Information

Company

MingZhu Logistics Holdings Limited (NASDAQ

About

Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company's regional logistics terminals in Guangdong Province, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic coverage across the country by a combination of self-owned fleets tractors and trailers and subcontractors' fleets. For more information, please visit ir.szygmz.com.

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Frequently asked

Who acquired Alliance Liquor?

Alliance Liquor was acquired by MingZhu Logistics Holdings Limited (NASDAQ. The deal was reported on February 21, 2023. Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. MingZhu Logistics Holdings Limited (NASDAQ is privately held and operates in Transportation.

When did MingZhu Logistics Holdings Limited (NASDAQ acquire Alliance Liquor?

MingZhu Logistics Holdings Limited (NASDAQ's acquisition of Alliance Liquor was reported on February 21, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Alliance Liquor do?

Alliance Liquor is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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