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NEW CENTY LOGISTICS BVI LTD Stock Price, News & Analysis

NCEW Nasdaq

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Rhea-AI Summary

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.

[ "Reduces last-mile delivery costs by over 50% per kilometer", "Increases order processing capacity by 2.5 times", "Reduces customer complaint rate by over 80%", "Extends delivery coverage radius to 40KM", "Low initial investment threshold due to modular design", "Partnership with established Japanese tech company Soradynamics Inc" ]
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Rhea-AI Summary

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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FAQ

What is the current stock price of NEW CENTY LOGISTICS BVI (NCEW)?

The current stock price of NEW CENTY LOGISTICS BVI (NCEW) is $1.65 as of May 7, 2025.

What is the market cap of NEW CENTY LOGISTICS BVI (NCEW)?

The market cap of NEW CENTY LOGISTICS BVI (NCEW) is approximately 47.9M.
NEW CENTY LOGISTICS BVI LTD

Nasdaq:NCEW

NCEW Rankings

NCEW Stock Data

47.95M
2.50M
84.42%
0.15%
0.09%
Integrated Freight & Logistics
Industrials
Link
Hong Kong
Kwun Tong