Business
Marwynn Holdings Signs Letter of Intent to Acquire Majority Stake in DJ Mex Corp., Expanding EcoLoopX Circular Supply-Chain Platform
IRVINE, CA / ACCESS Newswire / February 10, 2026 /Marwynn Holdings, Inc. (Nasdaq:MWYN) ("Marwynn" or the "Company"), a scalable supply-chain, technology, and circular-economy platform, today announced the signing of a non-binding Letter of Intent ...
About this update from Marwynn Holdings, Inc.
[{"type":"text","content":"IRVINE, CA / ACCESS Newswire / February 10, 2026 / Marwynn Holdings, Inc. (Nasdaq:MWYN) ("Marwynn" or the "Company"), a scalable supply-chain, technology, and circular-economy platform, today announced the signing of a non-binding Letter of Intent ("LOI") to acquire a 51% equity interest in DJ Mex Corp. ("DJ Mex"), a U.S.-based company specializing in electronic-waste sourcing, logistics coordination, and recyclable materials trading.","length":478,"tagName":"p"},{"type":"text","content":"The proposed transaction represents a strategic step toward expanding Marwynn's EcoLoopX platform, a non-operational "E-Waste Reverse Supply Chain" service that includes 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.","length":439,"tagName":"p"},{"type":"text","content":"Proposed Acquisition Highlights","length":31,"tagName":"p"},{"type":"text","content":"The proposed acquisition is expected to:","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Strengthen Marwynn's circular-economy and recyclable-materials supply-chain network;","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"Expand sourcing and aggregation capabilities for electronic waste and recyclable materials;","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"Enhance logistics coordination and commercial trading facilitation;","length":67,"tagName":"p"}]},{"val":[{"type":"text","content":"Support cross-border supply-chain operations between the United States, Latin America, and Asia; and","length":100,"tagName":"p"}]},{"val":[{"type":"text","content":"Accelerate the growth of the Company's EcoLoopX asset-light platform.","length":73,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":419,"olType":false},{"type":"text","content":""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...