Mingzhu Logistic Limited Announces 1-For-16 Reverse Share Split

SHENZHEN, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Mingzhu Logistics Holdings Limited (“Mingzhu” or the “Company”) (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that it will effect a reverse share split of its outstanding ordinary shares, par value $0.008 per share (the “Ordinary Shares”), at a ratio of 1-for-16, to be effective at the open of business on Wednesday, November 12, 2025.