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Marwynn Holdings, Inc. ( (MWYN) ) has shared an update.
On February 10, 2026, Marwynn Holdings, Inc. announced it had signed a non-binding Letter of Intent to acquire a 51% equity stake in DJ Mex Corp., a U.S.-based specialist in e-waste sourcing, logistics coordination, and recyclable-materials trading. The move is aimed at expanding Marwynn’s non-operational EcoLoopX “E-Waste Reverse Supply Chain” platform, which focuses on sourcing, logistics, trading facilitation, documentation management, and commercial operations without engaging in physical processing or hazardous activities.
The proposed deal is expected to strengthen Marwynn’s circular-economy and recyclable-materials network, broaden sourcing and aggregation of electronic waste, and enhance logistics coordination and trading capabilities across the United States, Latin America, and Asia. If completed, DJ Mex would become a majority-owned subsidiary within EcoLoopX, retaining its management team while deepening commercial and supply-chain collaboration, supporting Marwynn’s shift toward higher-value, recurring-revenue activities and potentially improving its positioning in the global reverse-supply-chain market.
More about Marwynn Holdings, Inc.
Marwynn Holdings, Inc. is a Nasdaq-listed company focused on developing scalable platforms in supply-chain management, technology, and circular-economy sectors. Through its EcoLoopX platform, it operates an asset-light global network that connects sourcing, logistics, and commercial operations across the recyclable-materials and reverse supply-chain ecosystem.
DJ Mex Corp. is a U.S.-based operator engaged in electronic-waste sourcing, logistics coordination, and recyclable-materials trading. It provides supply-chain and commercial support services linking upstream suppliers with licensed downstream processors, leveraging established relationships in North American and international markets.
Average Trading Volume: 56,194
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.55M
See more insights into MWYN stock on TipRanks’ Stock Analysis page.