US Market News
1月前
Marwynn Holdings Announces Strategic Expansion into Battery Recycling Infrastructure with Plans for EcoLoopX Black Mass Production FacilityMay 1, 2026 8:00 AM
ACCESS NewswireIRVINE, CA / ACCESS Newswire / May 1, 2026 / Marwynn Holdings, Inc. (Nasdaq:MWYN) today announced a major evolution of its EcoLoopX platform with plans to develop its first physical processing facility dedicated to the production of "Black Mass" - a critical intermediate material in the lithium-ion battery recycling value chain.The planned facility marks a strategic transition for EcoLoopX Corporation, a subsidiary of MWYN, from an asset-light logistics platform to an operational participant in the battery materials sector. By processing end-of-life (EoL) batteries and manufacturing scrap into black mass, MWYN expects to recover and concentrate high-value minerals including lithium, cobalt, nickel, and manganese.Strengthening the Circular EconomyThe global surge in electric vehicle (EV) adoption and portable electronics has created a massive supply-chain bottleneck for battery-grade minerals. EcoLoopX's move into black mass production is designed to help address this challenge as one part of a broader industry effort by:Capturing Higher Value: Moving upstream from simple e-waste collection to the high-margin production of battery-ready feedstock.Proprietary Mechanical Processing: Utilizing shredding and separation technology to produce high-purity black mass for downstream hydrometallurgical refiners.Closed-Loop Integration: Feeding the recovered materials back into the technology supply chain, potentially supporting the hardware requirements of MWYN's AI-focused subsidiary, NexaCore Technologies.Leadership Commentary"This is the natural next step for our circular economy strategy," said Yin Yan, CEO of Marwynn Holdings. "While logistics and trading gave us the foothold, building our own processing capacity allows us to capture a significantly larger portion of the battery lifecycle value. Our black mass facility will serve as a bridge between the waste of today and the high-tech batteries of tomorrow."Operational RoadmapMWYN is currently evaluating several strategic locations for the facility, prioritizing regions with high densities of electronic scrap and favorable regulatory environments for green-tech manufacturing. The company expects to finalize site selection and initiate the permitting process by the third quarter of 2026.About EcoLoopXEcoLoopX, a subsidiary of Marwynn Holdings, is a circular-economy platform dedicated to the management and processing of electronic waste and recyclable materials. Through its reverse supply-chain network, EcoLoopX expects to connect the disposal of technology with the recovery of critical secondary raw materials.About Marwynn Holdings, Inc. (MWYN)Marwynn Holdings (Nasdaq: MWYN) is a diversified technology and infrastructure leader. The company is committed to driving global progress through its twin pillars of AI-native computing (NexaCore) and sustainable resource recovery (EcoLoopX).Forward Looking StatementThis press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; the risk that the proposed production of "black mass" may not be realized as planned; Company's ability to integrate its resources between EcoloopX and NexaCore; changes in the battery-materials, recycling, or broader technology industry; increasing competition in the "black mass" market; the Company's ability to satisfy environmental, safety, and other compliance requirements; potential changes in the legislative and regulatory environment applicable to batteries related business; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigations; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 10-K, filed with the SEC on August 8, 2025, and as revised or updated in subsequent filings, including current reports on Form 8-K. The forward-looking statements are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.Investor Relations Contact:
PondelWilkinson Inc.
Judy Lin or Laurie Berman
310-279-5980
info@marwynnholdings.comSOURCE: Marwynn Holdings, Inc.View the original press release on ACCESS NewswireOriginal: Marwynn Holdings Announces Strategic Expansion into Battery Recycling Infrastructure with Plans for EcoLoopX Black Mass Production Facility
Trooperstocks
1月前
$MWYN News: Marwynn Holdings Announces Strategic Expansion into Battery Recycling Infrastructure with Plans for EcoLoopX Black Mass Production Facility
05/01/2026 - 08:00 AM
IRVINE, CA / ACCESS Newswire / May 1, 2026 / Marwynn Holdings, Inc. (Nasdaq:MWYN) today announced a major evolution of its EcoLoopX platform with plans to develop its first physical processing facility dedicated to the production of "Black Mass" - a critical intermediate material in the lithium-ion battery recycling value chain.
The planned facility marks a strategic transition for EcoLoopX Corporation, a subsidiary of MWYN, from an asset-light logistics platform to an operational participant in the battery materials sector. By processing end-of-life (EoL) batteries and manufacturing scrap into black mass, MWYN expects to recover and concentrate high-value minerals including lithium, cobalt, nickel, and manganese.
Strengthening the Circular Economy
The global surge in electric vehicle (EV) adoption and portable electronics has created a massive supply-chain bottleneck for battery-grade minerals. EcoLoopX's move into black mass production is designed to help address this challenge as one part of a broader industry effort by:
Capturing Higher Value: Moving upstream from simple e-waste collection to the high-margin production of battery-ready feedstock.
Proprietary Mechanical Processing: Utilizing shredding and separation technology to produce high-purity black mass for downstream hydrometallurgical refiners.
Closed-Loop Integration: Feeding the recovered materials back into the technology supply chain, potentially supporting the hardware requirements of MWYN's AI-focused subsidiary, NexaCore Technologies.
Leadership Commentary
"This is the natural next step for our circular economy strategy," said Yin Yan, CEO of Marwynn Holdings. "While logistics and trading gave us the foothold, building our own processing capacity allows us to capture a significantly larger portion of the battery lifecycle value. Our black mass facility will serve as a bridge between the waste of today and the high-tech batteries of tomorrow."
Operational Roadmap
MWYN is currently evaluating several strategic locations for the facility, prioritizing regions with high densities of electronic scrap and favorable regulatory environments for green-tech manufacturing. The company expects to finalize site selection and initiate the permitting process by the third quarter of 2026.
About EcoLoopX
EcoLoopX, a subsidiary of Marwynn Holdings, is a circular-economy platform dedicated to the management and processing of electronic waste and recyclable materials. Through its reverse supply-chain network, EcoLoopX expects to connect the disposal of technology with the recovery of critical secondary raw materials.
About Marwynn Holdings, Inc. (MWYN)
Marwynn Holdings (Nasdaq: MWYN) is a diversified technology and infrastructure leader. The company is committed to driving global progress through its twin pillars of AI-native computing (NexaCore) and sustainable resource recovery (EcoLoopX).
Forward Looking Statement
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; the risk that the proposed production of "black mass" may not be realized as planned; Company's ability to integrate its resources between EcoloopX and NexaCore; changes in the battery-materials, recycling, or broader technology industry; increasing competition in the "black mass" market; the Company's ability to satisfy environmental, safety, and other compliance requirements; potential changes in the legislative and regulatory environment applicable to batteries related business; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigations; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 10-K, filed with the SEC on August 8, 2025, and as revised or updated in subsequent filings, including current reports on Form 8-K. The forward-looking statements are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
Investor Relations Contact:
PondelWilkinson Inc.
Judy Lin or Laurie Berman
310-279-5980
info@marwynnholdings.com
SOURCE: Marwynn Holdings, Inc.
https://www.stocktitan.net/news/MWYN/marwynn-holdings-announces-strategic-expansion-into-battery-9mgxzx8h10sl.html
ProfitScout
1月前
$MWYN Announces Formation of New Subsidiary, NexaCore Technologies, to Expand AI Computing and Infrastructure Services
IRVINE, CA / ACCESS Newswire / April 23, 2026 / Marwynn Holdings, Inc. (NASDAQ:MWYN) ("Marwynn" or the "Company") today announced the launch of its new wholly-owned subsidiary, NexaCore Technologies, Inc. ("NexaCore"). NexaCore is tasked with the development of specialized AI computing infrastructure and technical support services, representing a strategic expansion of Marwynn's technology portfolio into high-growth digital infrastructure markets.
The formation of NexaCore is intended to address the increasing demand for high-performance computing (HPC) environments capable of sustaining modern artificial intelligence workloads. As advanced GPUs require specialized power and thermal management, NexaCore plans to focus on providing scalable, high-efficiency solutions for the next generation of digital infrastructure.
Strategic Focus of NexaCore NexaCore intends to build a portfolio of AI-enabled infrastructure and services, subject to the availability of capital and equipment, including:
AI Computing Infrastructure: The planned sourcing and development of high-density data center environments, with an emphasis on liquid-cooling systems designed for large-scale model training.
Technical Services: Managed cloud services and infrastructure-as-a-service (IaaS) solutions tailored for AI-driven enterprise clients.
Proprietary Design: Utilization of specialized layouts to optimize efficiency and thermal performance for massive GPU clusters.
"The launch of NexaCore is a measured step toward diversifying our technology service offerings," said Ms. Yin Yan, CEO of Marwynn Holdings, Inc. "While we recognize the competitive nature of the AI infrastructure market, we believe NexaCore's focus on high-efficiency cooling and specialized support services addresses a clear and growing need in the enterprise sector."
About Marwynn Holdings, Inc.
Marwynn Holdings, Inc. (NASDAQ:MWYN) is a diversified holding company. Through its subsidiaries, the Company seeks to invest in and operate businesses that leverage advanced technologies to drive operational efficiency and market growth.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; the risk that the proposed mission and AI-focused business infrastructure of NexaCore may not be realized as planned; potential changes in the legislative and regulatory environment applicable to AI technologies, data governance, or digital infrastructure; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigations; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 10-K, filed with the SEC on August 8, 2025, and as revised or updated in subsequent filings, including current reports on Form 8-K. The forward-looking statements are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
Investor Relations Contact:
PondelWilkinson Inc.
Judy Lin or Laurie Berman
310-279-5980
info@marwynnholdings.com
SOURCE: Marwynn Holdings, Inc.
US Market News
4月前
Marwynn Holdings Signs Letter of Intent to Acquire Majority Stake in DJ Mex Corp., Expanding EcoLoopX Circular Supply-Chain PlatformFebruary 10, 2026 4:10 PM
ACCESS NewswireIRVINE, 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.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.Proposed Acquisition HighlightsThe proposed acquisition is expected to:Strengthen Marwynn's circular-economy and recyclable-materials supply-chain network;Expand sourcing and aggregation capabilities for electronic waste and recyclable materials;Enhance logistics coordination and commercial trading facilitation;Support cross-border supply-chain operations between the United States, Latin America, and Asia; andAccelerate the growth of the Company's EcoLoopX asset-light platform."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."Jeff Yang, Chief Executive Officer of DJ Mex Corp., commented, "We are excited about the opportunity to partner with Marwynn, while becoming part of a Nasdaq-listed company. We expect this transaction to provide DJ Mex with additional resources, strategic support, and access to capital markets to accelerate our growth, while providing Marwynn with an expanded set of services for their customers."Transaction OverviewKey elements of the proposed transaction include: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;Continuation of DJ Mex's existing management team and operations; andExpansion of commercial and supply-chain collaboration.About Marwynn Holdings, Inc.Marwynn Holdings, Inc. is a Nasdaq-listed company focused on developing scalable platforms across supply-chain management, technology, and circular-economy sectors. Through its EcoLoopX platform, the Company aims to build an asset-light global network connecting sourcing, logistics, and commercial operations within the recyclable-materials and reverse supply-chain ecosystem. Learn more at https://www.marwynnholdings.com/.About DJ Mex Corp.DJ Mex Corp. is a U.S.-based company engaged in electronic-waste sourcing, logistics coordination, and recyclable-materials trading. The company provides supply-chain and commercial support services connecting upstream suppliers with licensed downstream processors, and maintains established relationships across North American and international markets.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; the risk that a definitive agreement may not be executed or that the proposed transaction may not be completed to successfully acquire 51% of DJ Mex; and, if completed, that the transaction may not generate the anticipated synergies; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigations; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 10-K, filed with the SEC on August 8, 2025, and as revised or updated in subsequent filings, including current reports on Form 8-K. The forward-looking statements are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.Investor Relations Contact:
PondelWilkinson Inc.
Judy Lin or Laurie Berman
310-279-5980
info@marwynnholdings.com# # #SOURCE: Marwynn Holdings, Inc.View the original press release on ACCESS NewswireOriginal: Marwynn Holdings Signs Letter of Intent to Acquire Majority Stake in DJ Mex Corp., Expanding EcoLoopX Circular Supply-Chain Platform