Partnership Enhances Operational Capabilities and
Efficiencies by Locating Delivery of Vehicle Components, Assembly
and Shipping Closer to Order Destinations, and Complements
Garland, TX Warehouse
Expansion
GARLAND,
Texas, June 11, 2024 /PRNewswire/
-- Massimo Group (NASDAQ: MAMO) ("Massimo"), a
manufacturer and distributor of powersports vehicles and pontoon
boats, today announced a strategic partnership agreement with
Armlogi Holding Corp (NASDAQ: BTOC) ("Armalogi"), a U.S.-based
warehousing and logistics service provider, to provide access to
Armlogi warehousing facilities and tailored logistics services for
fast order fulfillment of UTVS, ATVs, Go-Karts and Golf Carts.
Armlogi is a fast-growing U.S.-based warehousing and logistics
service provider that offers a comprehensive package of
supply-chain solutions relating to warehouse management and order
fulfillment. The Company caters to cross-border e-commerce
merchants looking to establish overseas warehouses in the U.S.
market.
Under the agreement, Armlogi will receive containers of Massimo
vehicle kits arriving from Asian suppliers at its warehouses in
Savannah, GA, Edison, NJ, and Walnut, CA. Massimo will provide vehicle
assembly at the warehouses, and Armlogi will supply inventory
management, storage services, logistics, and delivery to final
order destinations. Armlogi warehouses are equipped with advanced
technology and specialized equipment to handle large and bulky
items at the safest ISO 9001 industry standards.
"This partnership will enhance our operational capabilities and
efficiencies by putting delivery of vehicle components, assembly
and shipping closer to order destinations," said David Shan, Founder, Chairman & CEO of
Massimo. "Armlogi's impressive warehouse management systems in
specialized facilities along with a nationwide delivery reach, will
complement our recently announced Garland, TX warehouse expansion efforts. We
look forward to working with the team at Armlogi to build a
seamless, integrated solution for additional assembly and delivery
warehouses to meet the rising demand of our vehicles in key markets
across the US."
About Armlogi Holding Corp.
Armlogi Holding Corp., based in Walnut, CA, is a fast-growing U.S.-based
warehousing and logistics service provider that offers a
comprehensive package of supply-chain solutions relating to
warehouse management and order fulfillment. The Company caters to
cross-border e-commerce merchants looking to establish overseas
warehouses in the U.S. market. With eleven warehouses covering over
two million square feet, the Company offers comprehensive one-stop
warehousing and logistics services. The Company's warehouses are
equipped with facilities and technology for handling and storing
large and bulky items. For more information, please visit
www.armlogi.com.
About Massimo Group
Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor
of powersports vehicles and pontoon boats. Founded in 2009, Massimo
Motor believes it offers some of the most value packed UTV's,
off-road, and on-road vehicles in the industry. The company's
product lines include a wide selection of farm and ranch tested
utility UTVs, recreational ATVs, and Americana style mini-bikes.
Massimo Marine manufacturers and
sells Pontoon and Tritoon boats with a dedication to innovative
design, quality craftsmanship, and great customer service. Massimo
is also developing electric versions of UTVs, golf-carts and
pontoon boats. The company's 286,000 square foot factory is in the
heart of the Dallas / Fort Worth
area of Texas in the city of
Garland. For more information,
visit massimomotor.com and massimomarine.com.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering and the use of proceeds thereof. In some cases, you
can identify forward-looking statements because they contain words
such as "anticipate," "believe," "estimate," "expect," "intend,"
"may," "predict," "project," "target," "potential," "seek," "will,"
"would," "could," "should," "continue," "contemplate," "plan," and
other words and terms of similar meaning. These forward-looking
statements include information concerning statements regarding
future cash needs, future operations, business plans and future
financial results; and any other statements that are not historical
facts. No assurance can be given that the proceeds of the offering
will be used as indicated. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of
Massimo, including those set forth in the "Risk Factors" section of
Massimo's Registration Statement on Form S-1 for the initial public
offering filed with the SEC. Copies are available on the SEC's
website, www.sec.gov. Massimo undertakes no obligation to update
these statements for revisions or changes after the date of this
release, except as required by law.
Company
Dr. Yunhao
Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com
Investor Relations
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us
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SOURCE Massimo Group