Haoxin Holdings Ltd

Haoxin Holdings Ltd is a provider of temperature-controlled truckload and urban delivery services in China, with over 22 years of experience in the transportation industry. The company began its urban delivery service business in 2003 and expanded into temperature-controlled truckload service in 2016. All operations are currently conducted through its subsidiaries, Ningbo Haoxin and Zhejiang Haoxin. Prior to their disposal on May 31, 2025, Haiyue and Longanda also operated as subsidiaries. Haoxin Holdings Ltd primarily transports goods for factory logistics, including electronic devices, chemicals, fruit, food, and commercial goods. The company has been recognized and accredited by the China Federation of Logistics and Purchasing as a 3A-Grade transportation service provider. As of the date of this report, the company operates a truckload fleet consisting of 70 tractors, 97 trailers, and 31 vans. None of these vehicles are under finance lease, and the company does not use vehicles under rental arrangements. Haoxin Holdings Ltd prefers to acquire new vehicles via finance lease rather than one-off cash payment. The company offers both network density and broad geographic coverage within the People's Republic of China. Transportation services are mainly provided using large and medium-sized temperature-controlled logistics vehicles, with customers charged based on mileage. In addition to temperature-controlled truckload services, the company provides urban delivery services with medium-sized vans for short-distance, intra-city delivery needs. In 2025, sales revenue from temperature-controlled truckload service accounted for approximately 98.4% of total sales revenue, while urban delivery service accounted for approximately 1.6%.