MARWYNN HLDGS INC.

Marwynn has signed a non‑binding letter of intent to acquire 51% of DJ Mex, a US provider of e‑waste sourcing and trading in recyclable materials. The deal is intended to expand Marwynn’s EcoLoopX platform and strengthen sourcing, logistics and trading capabilities, particularly for cross‑border business. DJ Mex would continue to operate as a majority‑owned subsidiary with the existing management. Completion is subject to due diligence, final agreements and customary conditions; a definitive agreement is not guaranteed. » Más en de.investing.com

Marwynn Holdings sold its 100% subsidiary Grand Forest Cabinetry to Reli Home Décor for $550,000; the transfer of all 70,000 shares took effect on December 22, 2025. The company also increased its authorized common shares from 45 million to 500 million. Marwynn continues to report weak financial metrics with negative EBITDA, but announced new plans for an e‑waste reverse supply chain business and confirmed the election of five directors at the annual meeting. » Más en de.investing.com

For the quarter ended 31 October 2025, Marwynn reported a loss per share of 0.05 USD (prior year: -0.010 USD). Revenue fell to 0.0 million USD, a decline of 98.49% from 2.7 million USD in the year-ago quarter. The figures were presented at a financial conference on 22 December 2025. » Más en finanzen.net