Marwynn Holdings Inc

Marwynn Holdings Inc (MWYN) News & Events

$1.260

-0.010 (-0.79%)At close

MWYN News

MWYN Events

5/1 08:10

Marwynn Holdings Unveils EcoLoopX Physical Processing Facility

Marwynn Holdings announced a major evolution of its EcoLoopX platform with plans to develop its first physical processing facility dedicated to the production of Black Mass - an intermediate material in the lithium-ion battery recycling value chain. The planned facility marks a strategic transition for EcoLoopX Corporation, a subsidiary of MWYN, from an asset-light logistics platform to an operational participant in the battery materials sector.

4/23 08:20

Marwynn Holdings Launches Wholly-Owned Subsidiary NexaCore Technologies

Marwynn Holdings announced the launch of its new wholly-owned subsidiary, NexaCore Technologies. NexaCore is tasked with the development of specialized AI computing infrastructure and technical support services, representing a strategic expansion of Marwynn's technology portfolio into high-growth digital infrastructure markets.

2/10 16:40

Marwynn Holdings Signs LOI to Acquire 51% Stake in DJ Mex Corp

Marwynn Holdings announced the signing of a non-binding letter of intent to acquire a 51% equity interest in DJ Mex Corp. A non-binding LOI, under which Marwynn would acquire 51% of the issued and outstanding equity interests of DJ Mex, subject to due diligence, successful negotiation of definitive agreements, and customary closing conditions. There can be no assurance that a definitive agreement will be executed, or that the transaction will be completed on the proposed terms or at all. Upon completion, DJ Mex is expected to operate as a majority-owned subsidiary within Marwynn's EcoLoopX platform. Integration of DJ Mex into Marwynn's existing EcoLoopX platform and continuation of DJ Mex's existing management team and operations is expected. "Signing this LOI is an important milestone in the expansion of our EcoLoopX platform, which enhances Marwynn's ability to reposition its portfolio toward higher-value, recurring-revenue activities," said Yin Yan, Chief Executive Officer of Marwynn. "DJ Mex brings a strong operating foundation, experienced management team, and established commercial network, which will serve us well as we continue to grow our business and create long-term value."

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