Welcome to our dedicated page for BONZ news (Ticker: BONZ), a resource for investors and traders seeking the latest updates and insights on BONZ stock.
This page provides a historical and contextual news feed for Bonanza Goldfields Corp. under the former ticker BONZ, which later became Marvion Inc. (MVNC). The key corporate development for this symbol is the announced name and ticker change effective 30 August 2023, when Bonanza Goldfields Corp. was rebranded as Marvion Inc., a Metaverse Blockchain-focused company.
News linked to this transformation explains how the business repositioned itself around blockchain technology, digital ownership and metaverse-related services. The company describes itself as a Nevada holding company engaged through subsidiaries in media distribution, offering authentication, valuation and certification services and related sale, purchase, financing, custody, security and exhibition services for movie and music media. These activities are supported by its Digital Ownership Token (DOT) framework, which uses smart contracts to embed legal terms of intellectual property ownership and licensing.
Subsequent announcements under the MVNC ticker also discuss the delivery of an Artificial Intelligence Blockchain Framework to enhance the DOT platform, partnerships to apply this technology to Halal certification in the UAE, and a strategic shift into logistics and warehousing services in the Hong Kong market. These later developments are part of the same corporate lineage that began under the BONZ symbol.
Readers using this news page for BONZ can trace how the former Bonanza Goldfields Corp. evolved into Marvion Inc. and follow the themes that recur in its communications, such as Web 3.0 media distribution, blockchain-based digital ownership, and, later, logistics and storage operations. For ongoing updates, investors typically consult news and disclosures associated with the MVNC ticker, while this BONZ page serves as an archive of the company’s transition.
Marvion Inc. (OTC: BONZ) reported a strong Q3 2025 operating turnaround and secured a new Hong Kong storage contract starting 1 January 2026. Q3 revenue was US$948,104 (>140% YoY) and nine-month revenue was US$2,478,895 (>140% YoY). The company returned to profitability with Q3 net profit of US$119,876. Marvion also confirmed a client-signed HK$720,000 annual warehouse storage contract for occupancy beginning 1 January 2026, supporting its warehouse expansion and recurring-revenue strategy.
United Warehouse, a subsidiary of Marvion Inc. (OTC: MVNC), has signed a new Solar Photovoltaic (PV) System Service Agreement with Starwarehouse Engineering. The project involves installing a 170kW solar PV system on their Yuen Long facility, featuring 512 units of 520W flexible solar panels.
The installation, expanding on their October 2024 PV system, will operate from 2025 through December 31, 2033. The generated electricity will be sold to CLP Power Hong Kong under the Feed-in Tariff scheme, creating a stable revenue stream while reducing carbon footprint.
Key aspects include:
- Revenue diversification through CLP's Feed-in Tariff scheme
- Enhanced sustainability supporting Hong Kong's carbon neutrality goals
- Long-term collaboration until 2033
- Comprehensive risk mitigation measures
Marvion Inc. (OTC: MVNC), a Hong Kong-based logistics and storage services company serving B2B customers like FedEx and SF Express, has submitted an application to quote its securities on the OTCQB® Venture Market. This strategic move aims to enhance visibility and liquidity for investors while supporting the company's growth strategy.
The OTCQB platform, designed for early-stage and developing companies, offers investors transparent trading, real-time quotes, and improved information accessibility. CEO Chan Sze Yu emphasized that this initiative would help reach a broader investor base and provide enhanced opportunities for participation in Marvion's growth.
Marvion Inc. (OTC: MVNC) announced that its subsidiary United Warehouse Management has signed an agreement with Star Warehouse Engineering to construct a new warehouse facility. The facility will feature two floors totaling 36,000 square feet and will be equipped with modern automated systems and AI technology. Construction is scheduled to begin in Q4 2024 with completion expected by end of Q2 2025. The warehouse will enhance MVNC's storage capabilities and support partnerships with FedEx and SF Express. The facility will incorporate energy-efficient features and aims to optimize logistics operations while promoting sustainable business practices.
Marvion Inc. (OTC: MVNC) reported strong Q3 2024 financial results, with revenue reaching $1,019,593 and gross profit of $502,341 for the first nine months of 2024, representing year-over-year increases of 150% and 123% respectively. The company successfully integrated United Warehouse and KSK Logistics, enhancing its one-stop logistics services. Additionally, Marvion announced the construction of a new 36,000-square-foot warehouse facility in Hong Kong, scheduled for completion in Q1 2025.
Marvion Inc. (OTC: MVNC) is expanding its business operations, building on its profitable logistics and warehousing services. The company's logistics arm, KSK Logistics, focuses on last-mile distribution in Hong Kong, benefiting from growing consumer spending and e-commerce trends. United Warehouse, their storage services division, operates a 140,000 sq ft facility in Yuen Long, including a 24,000 sq ft cold storage and a 38,600 sq ft regular warehouse. Plans are underway to add an 18,000 sq ft warehouse by September 2024.
CEO Chan Sze Yu announced plans to further expand warehouse capacity and explore B2B opportunities in logistics. The company is also considering developing a cross-border online furniture and household items e-commerce platform, leveraging Hong Kong's 2 million households and existing logistics infrastructure. This move aims to bridge the gap between Chinese furniture manufacturers and Hong Kong customers.
Marvion, a blockchain technology pioneer, has appointed Mr. Chan Sze Yu as its new CEO effective July 8, 2024. Mr. Chan, aged 39, brings over 20 years of experience in the furniture and logistics sectors. He founded Ocean Transportation Development in 2017 and KSK Logistics in 2023. His previous CEO roles include Furniture Station and M2 Home. Chan aims to drive Marvion's growth by expanding into profitable business opportunities and enhancing shareholder value. He emphasized the need for market adoption of Marvion’s DOT platform and plans to unveil new business development strategies soon.
Marvion announced the delivery of the Artificial Intelligence Blockchain Framework (AIBF) to enhance its Digital Ownership Token (DOT) platform. The integration aims to resolve common blockchain issues by improving transaction efficiency, scalability, and security. The AIBF uses AI to identify the fastest nodes for data delivery, reducing costs and boosting efficiency. Enhanced security features include natural learning processing, image recognition, and real-time data transformation. This development is expected to improve the trustworthiness of DOTs across various industries.
Marvion, a blockchain technology innovator, has announced a partnership to introduce blockchain-based Halal certification in the UAE, leveraging its Digital Ownership Token (DOT) technology and AI modules. This initiative aims to revolutionize the $2.3 trillion Halal food market by enhancing transparency, efficiency, and security. The partnership marks the beginning of Marvion's broader plan to extend this technology beyond food to sectors like pharmaceuticals and cosmetics. According to Verified Market Reports, the Halal Food Certification Market is expected to grow from $2,339.3 billion in 2023 to $5,284.98 billion by 2030.
