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Marvion Inc. (OTC: MVNC), previously known as Bonanza Goldfields Corp., is a pioneering Metaverse Blockchain company dedicated to redefining digital ownership and engagement. The company's core business revolves around leveraging blockchain technology to create Digital Ownership Tokens (DOTs) that enable secure and transparent transactions of digital assets.
Marvion Inc. has undergone significant corporate transformations, including a ticker change to MVNC and a name change to reflect its strategic repositioning as a leader in the Metaverse Blockchain space. This evolution underscores Marvion's commitment to embracing emerging technologies and shaping the future of digital assets and virtual experiences.
One of Marvion's recent achievements includes a strategic joint venture with Tawash for Facilities Resources Planning Consultancy and Palm Karbon Inc. to tokenize and trade carbon credits globally. This initiative aligns with the company's focus on sustainable solutions and positions it at the forefront of the global movement towards a carbon-neutral future.
Financially, Marvion has demonstrated robust growth, with revenue reaching $14,454,869 in the fiscal year 2023, marking a 25% increase compared to the previous year. The company's gross profit also saw a 107% rise, highlighting its strong market performance.
Current projects include the development of blockchain-based Halal certification processes and the integration of artificial intelligence into their DOT platform. These initiatives aim to enhance the transparency, efficiency, and security of various industries, from food and pharmaceuticals to the financial sector.
Marvion's collaborative efforts extend to partnerships with prominent entities such as China Information Technology Development Limited (CITD) and MAME Ltd., focusing on tokenizing rewards points and enhancing the entertainment industry's digital ecosystem. These collaborations highlight Marvion's dedication to innovation and customer satisfaction.
For more information about Marvion Inc. and its transformative Metaverse Blockchain solutions, please visit www.marvion.media.
Marvion Inc. (OTC: MVNC), a Hong Kong-based logistics and storage services company serving B2B customers like FedEx and SF Express, has submitted an application to quote its securities on the OTCQB® Venture Market. This strategic move aims to enhance visibility and liquidity for investors while supporting the company's growth strategy.
The OTCQB platform, designed for early-stage and developing companies, offers investors transparent trading, real-time quotes, and improved information accessibility. CEO Chan Sze Yu emphasized that this initiative would help reach a broader investor base and provide enhanced opportunities for participation in Marvion's growth.
Marvion Inc. (OTC: MVNC) announced that its subsidiary United Warehouse Management has signed an agreement with Star Warehouse Engineering to construct a new warehouse facility. The facility will feature two floors totaling 36,000 square feet and will be equipped with modern automated systems and AI technology. Construction is scheduled to begin in Q4 2024 with completion expected by end of Q2 2025. The warehouse will enhance MVNC's storage capabilities and support partnerships with FedEx and SF Express. The facility will incorporate energy-efficient features and aims to optimize logistics operations while promoting sustainable business practices.
Marvion Inc. (OTC: MVNC) reported strong Q3 2024 financial results, with revenue reaching $1,019,593 and gross profit of $502,341 for the first nine months of 2024, representing year-over-year increases of 150% and 123% respectively. The company successfully integrated United Warehouse and KSK Logistics, enhancing its one-stop logistics services. Additionally, Marvion announced the construction of a new 36,000-square-foot warehouse facility in Hong Kong, scheduled for completion in Q1 2025.
United Warehouse , a subsidiary of Marvion Inc. (OTC: MVNC), has signed a Service Partnership Agreement with Starwarehouse Engineering for Solar PV Systems. The agreement involves the design and construction of a 170kW solar panel system on United Warehouse's roof. Starwarehouse Engineering will also install and maintain a 170kW solar electric generator.
The generated power will be sold to China Light and Power (CLP) at their defined tariff scheme rate, creating a long-term stable revenue stream for United Warehouse while reducing its carbon footprint. The partnership is set to be operational in early 2025 and continue until December 31, 2033. This initiative aligns with Marvion's commitment to green energy and balances long-term financial returns with social responsibility.
Marvion Inc. (OTC: MVNC) is expanding its business operations, building on its profitable logistics and warehousing services. The company's logistics arm, KSK Logistics, focuses on last-mile distribution in Hong Kong, benefiting from growing consumer spending and e-commerce trends. United Warehouse, their storage services division, operates a 140,000 sq ft facility in Yuen Long, including a 24,000 sq ft cold storage and a 38,600 sq ft regular warehouse. Plans are underway to add an 18,000 sq ft warehouse by September 2024.
CEO Chan Sze Yu announced plans to further expand warehouse capacity and explore B2B opportunities in logistics. The company is also considering developing a cross-border online furniture and household items e-commerce platform, leveraging Hong Kong's 2 million households and existing logistics infrastructure. This move aims to bridge the gap between Chinese furniture manufacturers and Hong Kong customers.
Marvion, a blockchain technology pioneer, has appointed Mr. Chan Sze Yu as its new CEO effective July 8, 2024. Mr. Chan, aged 39, brings over 20 years of experience in the furniture and logistics sectors. He founded Ocean Transportation Development in 2017 and KSK Logistics in 2023. His previous CEO roles include Furniture Station and M2 Home. Chan aims to drive Marvion's growth by expanding into profitable business opportunities and enhancing shareholder value. He emphasized the need for market adoption of Marvion’s DOT platform and plans to unveil new business development strategies soon.
Marvion announced the delivery of the Artificial Intelligence Blockchain Framework (AIBF) to enhance its Digital Ownership Token (DOT) platform. The integration aims to resolve common blockchain issues by improving transaction efficiency, scalability, and security. The AIBF uses AI to identify the fastest nodes for data delivery, reducing costs and boosting efficiency. Enhanced security features include natural learning processing, image recognition, and real-time data transformation. This development is expected to improve the trustworthiness of DOTs across various industries.
Marvion, a blockchain technology innovator, has announced a partnership to introduce blockchain-based Halal certification in the UAE, leveraging its Digital Ownership Token (DOT) technology and AI modules. This initiative aims to revolutionize the $2.3 trillion Halal food market by enhancing transparency, efficiency, and security. The partnership marks the beginning of Marvion's broader plan to extend this technology beyond food to sectors like pharmaceuticals and cosmetics. According to Verified Market Reports, the Halal Food Certification Market is expected to grow from $2,339.3 billion in 2023 to $5,284.98 billion by 2030.
Marvion Inc. (MVNC) saw a significant rise in sales on its Blockchain DOT platform in 2023, with a 25% increase and a 107% boost to gross profits. The company is poised for profitability in 2024 with new strategies and structures in place. Marvion continues to explore new market opportunities by incorporating its technology into various sectors, including Halal certification, aiming to bring profitability to the company and its shareholders.
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