Welcome to our dedicated page for Marvion news (Ticker: MVNC), a resource for investors and traders seeking the latest updates and insights on Marvion stock.
Marvion Inc (MVNC) combines blockchain innovation with traditional sector expertise across media rights management, Halal certification technology, and Asian logistics solutions. This news hub provides investors and industry observers with essential updates about the company's pioneering integration of digital ownership tokens (DOTs) and operational expansions.
Access timely reports on strategic developments including blockchain-based media transactions, AI-enhanced certification systems, and logistics infrastructure growth. The curated collection features press releases and analysis covering corporate milestones, technology deployments, and partnership announcements.
Key content areas include intellectual property tokenization progress, supply chain optimization initiatives, and cross-industry applications of Marvion's proprietary platforms. Regular updates ensure stakeholders maintain awareness of both technological advancements and traditional business performance.
Bookmark this page for consolidated access to MVNC's evolving position at the intersection of blockchain innovation and physical infrastructure development. Check back frequently for verified updates supporting informed analysis of the company's multifaceted growth strategy.
Marvion (OTC: MVNC) reported strong financial results for fiscal year 2024, achieving 134% year-over-year revenue growth to $1,544,108 and 171% increase in gross profit to $763,805. Despite industry challenges from tariff wars, the company maintains a positive outlook based on established relationships with major cross-regional logistics operators.
The company faced increased expenses in 2024 related to becoming publicly traded on OTC Markets, though these costs are expected to decrease in 2025. Marvion plans to expand operations with its fourth warehouse opening in Q2 2025.
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.
United Warehouse , a subsidiary of Marvion Inc. (OTC: MVNC), has signed a Service Partnership Agreement with Starwarehouse Engineering for Solar PV Systems. The agreement involves the design and construction of a 170kW solar panel system on United Warehouse's roof. Starwarehouse Engineering will also install and maintain a 170kW solar electric generator.
The generated power will be sold to China Light and Power (CLP) at their defined tariff scheme rate, creating a long-term stable revenue stream for United Warehouse while reducing its carbon footprint. The partnership is set to be operational in early 2025 and continue until December 31, 2033. This initiative aligns with Marvion's commitment to green energy and balances long-term financial returns with social responsibility.
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.
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