Welcome to our dedicated page for NEW CENTY LOGISTICS BVI news (Ticker: NCEW), a resource for investors and traders seeking the latest updates and insights on NEW CENTY LOGISTICS BVI stock.
New Century Logistics (BVI) Limited (NASDAQ: NCEW) is an international freight forwarding and logistics service provider founded and based in Hong Kong. The company’s news flow reflects its role in the integrated freight and logistics sector, with a focus on air and ocean freight forwarding, international expansion, and technology-enabled logistics solutions.
News about New Century often covers capital markets developments and corporate actions, such as its initial public offering on the Nasdaq Stock Market and a board-approved 1-for-8 reverse stock split of its common stock, together with related changes to its authorized share capital. Regulatory updates, including Nasdaq notifications regarding minimum bid price requirements and responses disclosed through Form 6-K filings, also feature in its announcements.
Operationally, New Century’s updates highlight strategic partnerships and growth initiatives. These include memoranda of understanding with Silk Way Airlines Limited for international air freight logistics cooperation and with Soradynamics Inc. to develop the Micro-Hub System, an in-vehicle drone logistics solution aimed at improving last-mile delivery efficiency. The company has also reported a letter of intent to acquire a 51% stake in Asiatic Logistics Limited to strengthen its presence in Asia and support a more integrated global logistics network.
Investors and observers following NCEW news can expect coverage of logistics network expansion, technology collaborations, proposed acquisitions, subsidiary activities, and governance changes such as director appointments, resignations, and auditor changes disclosed via SEC filings. This news page aggregates those developments so readers can review how New Century’s freight forwarding operations, strategic alliances and corporate structure evolve over time.
New Century Logistics (NASDAQ:NCEW) announced a 1-for-8 reverse stock split of its common stock, effective Friday, November 14, 2025, subject to Nasdaq Operations notice requirements. Trading will resume on a split-adjusted basis at market open on that date under the symbol NCEW. The new CUSIP will be G64627113. The Board approved the reverse split on October 3, 2025. Every 8 issued and outstanding shares will be converted into one share; no fractional shares will be issued and fractional interests will be rounded up to the next whole share. The company filed amended articles to reduce authorized shares from 100,000,000 to 12,500,000 at the same 1-for-8 ratio.
NCEW Investment Consultancy Company Limited and JD Logistics UK (JDL UK) have signed a Comprehensive Logistics Service Agreement on May 1, 2025, to collaborate on cross-border logistics services. The partnership will focus on three core services: B2C cross-border direct mail logistics, B2C cross-border bonded logistics, and B2B cross-border freight forwarding.
The agreement leverages JDL UK's extensive global network and NCEW's investment consulting expertise to optimize supply chain management. The partnership includes digital systems implementation for visual order management and dynamic cost adjustment mechanisms. Both companies will maintain strict compliance with international trade regulations and data security requirements while exploring intelligent logistics solutions.
New Century Logistics (NCEW) has signed a 12-month Memorandum of Understanding (MOU) with Silk Way Airlines on May 16, 2025, to explore strategic cooperation in international air logistics. The partnership focuses on four key areas: joint development of international air freight solutions, market intelligence sharing, collaborative marketing, and customer experience enhancement.
The companies plan to launch customized air transport services for cross-border e-commerce and high-end manufacturing in Q3 2025, with potential collaboration in sustainable aviation fuel (SAF). The partnership aims to integrate New Century's global logistics network with Silkway's air cargo resources to provide enhanced end-to-end transportation services.
New Century Logistics (NCEW) has partnered with Japanese tech company Soradynamics Inc to develop an innovative in-vehicle drone logistics system called Micro-Hub System. The system aims to tackle the U.S. logistics industry's challenges, where last-mile delivery costs represent 30% of total logistics costs and truck driver shortages exceed 80,000.
The Micro-Hub System features vehicle-mounted drone nests, six-axis robot automatic battery swapping, and automated cargo handling. Key capabilities include intelligent UAV nest design, automatic battery replacement, and multi-drone collaboration. The system promises to reduce last-mile delivery costs by over 50% per kilometer, decrease customer complaints by 80%, and increase order processing capacity by 2.5 times.
The modular system can be rapidly deployed without major vehicle modifications, extending delivery coverage up to 40KM radius, particularly benefiting remote and suburban markets.
New Century Logistics (NASDAQ: NCEW), a Hong Kong-based freight forwarding service provider consulted by ATIF Holdings (NASDAQ: ZBAI), has successfully completed its IPO on the Nasdaq Exchange. The company offered 1,500,000 shares at $4.00 per share, aiming to raise $6,000,000. New Century provides comprehensive freight forwarding services, including cargo space sales, pick-up, security screening, palletization, documentation, customs clearance, and port handling. Trading commenced on December 18, 2024. ZBAI's CEO Jun Liu expressed enthusiasm about the listing, viewing it as both a recognition of past achievements and a stepping stone for future growth.
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