$HXHX

Haoxin Holdings Limited (NASDAQ: HXHX) is exploring U.S. logistics acquisitions as part of its North American expansion. The company has engaged a broker to evaluate potential targets, including a U.S.-based trucking company. No agreements or terms have been finalized, and the process is subject to due diligence and regulatory approvals. According to the company, any acquisition would aim to leverage its 22 years of experience in China's logistics industry.

Haoxin Holdings (NASDAQ:HXHX) shares dropped 10% after announcing an $18M purchase of 200 electric trucks for its logistics expansion in China. The company also formed a partnership for new energy truck and battery-swapping infrastructure. Shares have fallen 73% over the past year, with a market cap of $5.89M.

Haoxin Holdings (HXHX) announced a $18.02M purchase of 200 electric trucks and a strategic battery-swapping partnership to expand its new energy logistics capabilities in China. The company also entered into a framework agreement for potential cooperation in new energy heavy-duty trucks and battery-swapping infrastructure. Additionally, Haoxin was ranked 11th in a bid for a transportation services outsourcing project.

Haoxin Holdings Limited (NASDAQ:HXHX) announced it received a Nasdaq deficiency notice for failing to maintain the minimum bid price of $1.00 per share. The company's stock trades at $0.41, an 86% year-to-date plummet. Haoxin has 180 calendar days to regain compliance, with a possible extension if other listing requirements are met.

Ningbo, China, April 16, 2025 ( GLOBE NEWSWIRE ) -- Haoxin Holdings Limited ( "Haoxin" or the "Company" ) ( NasdaqCM: HXHX ) , a provider of temperature-controlled truckload service and urban delivery services in China, today announced the closing of its initial public offering ( the "Offering" ...