Haoxin Holdings Announces Its Yiwu Haitong International Logistics Subsidiary Signed Agreement In September With Ningbo Zhongchong New Energy Automobile For 200 Battery-Swapping Electric Tractor Units For $18.02M

Haoxin Holdings Limited (NASDAQ: HXHX) announced that its subsidiary, Yiwu Haitong International Logistics, signed a vehicle purchase agreement on September 12, 2026, with Ningbo Zhongchong New Energy Automobile for 200 battery-swapping electric tractor units. The total purchase price for this agreement is approximately RMB 120.9 million, equivalent to $18.02 million USD. This initiative is part of Haoxin's strategy to enhance its new energy logistics capabilities and transportation capacity.