MingZhu’s Tech Subsidiary Secures Major Robot Dog Deal

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

Insights

Business Analyst

Subsidiary won a US distribution contract for 10,000 robot dogs worth $6.99 million, delivery by Sept 30, 2026.

The contract creates near-term revenue recognition tied to the sale of 10,000 MZ-01 Robot Dogs to TickToc Apex and specifies delivery in batches to a U.S. domestic warehouse with final shipment by Sept 30, 2026. This transaction directly links product output to a named distributor and a concrete total value of $6.99 million.

Key dependencies include timely production, batch logistics to the designated U.S. warehouse, and completion of final shipment by Sept 30, 2026. The announcement names a single buyer, which concentrates execution and counterparty exposure; payment terms and warranty/return provisions are not disclosed and are material to net cash flow and margin but are not stated here.

Watch execution against the delivery timetable and any disclosed payment milestones through Sept 30, 2026. Monitor future disclosures for shipment confirmations, invoicing details, and whether similar contracts follow to assess durability of demand.

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$6.99 million.

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

FAQ

What did MingZhu (YGMZ) announce on November 28, 2025 about robot dog sales?

MingZhu announced that Mingzhu Technology signed a Nov 27, 2025 contract to sell 10,000 MZ-01 robot dogs to TickToc Apex for US$6.99 million.

What is the delivery schedule for the YGMZ robot dog contract with TickToc Apex?

Deliveries will be made in batches to TickToc Apex’s U.S. domestic warehouse, with final shipment no later than Sept 30, 2026.

How much is the MingZhu (YGMZ) TickToc Apex contract worth?

The total contract value is US$6.99 million.

How many MZ-01 robot dogs will MingZhu (YGMZ) deliver to TickToc Apex?

MingZhu will supply 10,000 units of the MZ-01 robot dog under the contract.

Who is responsible for distributing the MingZhu (YGMZ) robot dogs in North America?

TickToc Apex, described as a technology products distributor, will receive shipments to its designated U.S. warehouse for North American distribution.