MingZhu’s Tech Subsidiary Secures Major Robot Dog Deal
MingZhu Logistics Holdings (Nasdaq: YGMZ) announced that its subsidiary Mingzhu Technology signed a sales contract with TickToc Apex on November 27, 2025 to supply 10,000 MZ-01 robot dogs for a total contract value of US$6.99 million.
Rhea-AI Summary
MingZhu Logistics Holdings (Nasdaq: YGMZ) announced that its subsidiary Mingzhu Technology signed a sales contract with TickToc Apex on November 27, 2025 to supply 10,000 MZ-01 robot dogs for a total contract value of US$6.99 million. Deliveries will be made in batches to TickToc Apex’s designated U.S. domestic warehouse, with final shipment completed no later than September 30, 2026.
The company highlighted the order as reinforcing its market position and supporting growth and investor value; Mingzhu Technology focuses on R&D and sales of consumer and commercial robotic products, while TickToc Apex operates distribution into the North American market.
Positive
- 10,000-unit firm order for MZ-01 robot dogs
- Contract value of US$6.99 million
- Final delivery deadline Sept 30, 2026 provides clear execution timeline
Negative
- Order is to a single buyer, creating customer concentration risk
- All shipments to a U.S. domestic warehouse could expose logistics or cross-border timing risk
Details
News Market Reaction – YGMZ
In the Nov 28 session, YGMZ declined 9.59%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Robot dogs ordered
- 10,000 units
- MZ-01 model sales contract with TickToc Apex
- Contract value
- US$6.99 million
- Total value of TickToc Apex robot dog contract
- Final shipment deadline
- September 30, 2026
- Latest date to complete robot dog deliveries
Historical Context
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Subsidiary launched next-gen AI upgrade for consumer robot dog line.
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Subsidiary signed US$6.99M contract for 10,000 MZ-01 robot dogs.
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Announced $8M registered direct offering of units and warrants.
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Declared 1-for-16 reverse share split to address Nasdaq bid-price.
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Received Nasdaq delisting notice for prolonged sub-$1 bid price.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SHENZHEN, China, Nov. 28, 2025 (GLOBE NEWSWIRE) -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ, “MingZhu” or the “Company”) today announced that its subsidiary, Mingzhu Technology Limited, has entered into a significant sales contract with TickToc Apex Inc. (“TickToc Apex”) on November 27, 2025 for the supply and sale of 10,000 advanced MZ-01 model Robot Dogs.
Under the contract, Mingzhu Technology will deliver all Robot Dog products in batches to TickToc Apex’s designated domestic warehouse in the United States, with final shipment completed no later than September 30, 2026. The total contract value is US
Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu Logistics Holdings Limited, commented, “This contract highlights our subsidiary’s ability to seamlessly support high-profile clients, delivering both financial benefits and reinforcing our market position. This success is driving remarkable momentum and growth for our company, while also serving as a significant milestone for our investors. It underscores our commitment to creating and maximizing value for all stakeholders.”
Mingzhu Technology Limited, a subsidiary of MingZhu Logistics Holdings Limited, is a provider of advanced robotic technology and AI-driven solutions, focusing on the R&D and sales of innovative consumer and commercial robotic products.
TickToc Apex Inc. is a trusted partner in the technology products distribution sector, specializing in introducing cutting-edge innovative tech products to the North American market. Its keen insight into market trends and robust distribution network enable it to efficiently connect advanced technology with end consumers, creating consistent value for partners.
About MingZhu Logistics Holdings Limited (Nasdaq: YGMZ)
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 https://ir.szygmz.com/.
Forward-Looking Statements
The statements in this press release regarding the Company’s future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, future events, expected performance, assumptions and any other statements of fact that have not occurred. Any statements that contain the words “may”, “will”, “want”, “should”, “believe”, “expect”, “anticipate”, “estimate”, “calculate” or similar statements that are not factual in nature are to be considered forward-looking statements. Actual results may differ materially from historical results or from those expressed in these forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, the Company’s strategic objectives, the Company’s future plans, market demand and user acceptance of the Company’s products or services, technological advances, economic trends, the growth of the trucking services market in China, the Company’s reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, fluctuations in China’s macroeconomic conditions, and the risks and assumptions disclosed in the Company’s reports provided to the CSRC (China Security Regulatory Commission). For these and other related reasons, we advise investors not to place any reliance on these forward-looking statements, and we urge investors to review the Company’s relevant SEC filings for additional factors that may affect the Company’s future results of operations. The Company undertakes no obligation to publicly revise these forward-looking statements subsequent to the filing of these documents as a result of changes in particular events or circumstances.
For further information, please contact.
MingZhu Logistics Holdings Limited:
Junfei Yang
Email: company@szygmz.com
Phone: +86 131-2892-8512
