MWYN News & Events

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."

Marwynn Holdings plans to expand its supply-chain management offering by providing non-operational "E-Waste Reverse Supply Chain" services including sourcing, logistics coordination, trading facilitation, documentation management, and commercial operations related to electronic waste and recyclable materials, without engaging in any physical processing, dismantling, recycling, or hazardous operations. This initiative will focus on coordination, logistics management, sourcing, aggregation, vendor partnerships, and compliance support across the U.S. and Asia. It is consistent with the Company's asset-light model, serving as a supply-chain integrator that connects upstream e-waste sources with licensed downstream processors and refiners.Management believes that focusing on asset-light, fee-based supply-chain services in structurally growing markets such as e-waste and recyclable materials can, over time, support improved margins and a path toward sustainable profitability. The E-Waste Reverse Supply Chain business represents an important step in Marwynn's broader plan to reposition its portfolio toward higher-value, recurring-revenue activities that better leverage the Company's existing sourcing logistics and compliance capabilities, and improve its operating performance, as it works toward achieving profitability over time. In addition to the E-Waste Reverse Supply Chain business, the Company is actively evaluating complementary opportunities that build on its core strengths in sourcing, logistics coordination, trading facilitation and documentation management that are generally not greatly affected by tariffs. Across the organization, Marwynn's Board, management team and employees are focused on executing these strategic initiatives, expanding the Company's network of customers and partners, and strengthening its financial and operating profile for the long term.