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Haoxin Holdings secures $31.2M financing to boost growth and expand in China.

Company Fundamentals
30 Jun 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Haoxin Holdings Limited announced two financing deals with Mermaid Money, raising up to $31.2 million to support its growth plans. The company will issue $1.2 million in convertible notes and has an equity line of credit agreement for up to $30 million in shares. This capital infusion will help Haoxin expand its temperature-controlled transport and delivery services across China, covering 30 provinces. The company plans to file for registration to enable resale of shares issued under these agreements, positioning it for acquisitions and market growth.

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