MingZhu Logistics Holdings Limited announced Sinotrans Logistics Northwest Co. Ltd. awarded a major 1-year vehicle transport contract to MingZhu's subsidiary Shanghai Feipeng Supply Chain Management Co. Ltd. .

Under the contract, Feipeng will provide automobile transportation service to Sinotrans Logistics through June 2025. Feipeng will be transporting new energy commercial vehicles for Sinotrans Logistics from its customer Zhejiang Geely Holding Group Co. Ltd.'s nationwide factory to agreed-upon destinations across China.

Sinotrans Logistics contracted Feipeng to initially provide 100 trucks on the route during the contract period. Feipeng Logistics, a subsidiary of MingZhu, was founded in 2014. It provides integrated solutions to the logistics supply chain that reduce costs and increase efficiency.

Feipeng Logistics is based in China'sXinjiang Autonomous Region, a strategically important location for manufacturing and commerce.