SEC Form 10-Q filed by Cheetah Net Supply Chain Service Inc.
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IRVINE, May 05, 2025 (GLOBE NEWSWIRE) -- Cheetah Net Supply Chain Service Inc. ("Cheetah" or the "Company") (Nasdaq CM: CTNT), a provider of logistics and warehousing services, today reported results for the quarter ended March 31, 2025 and provided a corporate update. Recent Highlights Continuous challenging market conditions in the People's Republic of China (the "PRC") have resulted in an industry-wide slowdown of parallel-import vehicle sales, including price and volume drops in the luxury car models and the Company's margin was significantly compressed or eliminated. The Company experienced significantly dropped sales volume in the parallel-import vehicle segment during the
IRVINE, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- Cheetah Net Supply Chain Service Inc. ("Cheetah" or the "Company") (Nasdaq CM: CTNT), a logistics and warehousing services provider, today reported results for the year ended December 31, 2024 and provided a corporate update. Recent Highlights* Continuous challenging market conditions in the PRC have resulted in an industry-wide slowdown of parallel-import vehicle sales, including price and volume drops in the luxury car models and as a result the Company's margin was significantly compressed or even eliminated. The Company experienced significantly lower sales volume and negative margin in the parallel-import vehicle segment dur
IRVINE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Cheetah Net Supply Chain Service Inc. ("Cheetah" or the "Company") (Nasdaq CM: CTNT) today announced that it has executed definitive agreements (the "Agreements") for the acquisition (the "Acquisition") of TW & EW Services Inc, a California-based labor and logistics service provider ("TW & EW"). The Acquisition is expected to close on or about December 4, 2024. With TW & EW's integration, Cheetah expects to capitalize on additional service opportunities, and strengthen its position as a comprehensive supply chain solutions provider. The total cost of the Acquisition includes a cash payment of $200,000 and a share consideration involving
8-K - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Filer)
10-Q - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Filer)
8-K - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Filer)
SC 13G/A - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Subject)
SC 13D/A - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Subject)
SC 13D - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Subject)
CHARLOTTE, N.C., May 13, 2024 (GLOBE NEWSWIRE) -- Cheetah Net Supply Chain Service Inc. ("Cheetah" or the "Company") (Nasdaq CM: CTNT), a supplier of parallel-import vehicles sourced in the U.S. to be sold in the People's Republic of China (the "PRC") market, today reported results for the quarter ended March 31, 2024 and provided a corporate update. Recent Highlights Challenging market conditions in the PRC, first reported with respect to the Company's financial performance during the second half of 2023, have continued into 2024. The Company's financial results were impacted by these unfavorable market conditions in the first quarter of 2024, during which the Company experienced a sign
3 - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Issuer)
3 - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Issuer)
4 - CHEETAH NET SUPPLY CHAIN SERVICE INC. (0001951667) (Issuer)