Marwynn Signs LOI to Buy 51% of DJ Mex

Marwynn Holdings, Inc. has signed a non-binding letter of intent to acquire a 51% equity interest in DJ Mex Corp. DJ Mex is a U.S.-based company focused on electronic-waste sourcing, logistics coordination, and recyclable materials trading.

Marwynn said the proposed acquisition is intended to expand its EcoLoopX circular supply-chain platform, described as an asset-light reverse supply-chain service. The LOI contemplates that, if completed, DJ Mex would operate as a majority-owned subsidiary within EcoLoopX while continuing its existing management team and operations. The transaction is subject to due diligence, definitive agreements, and customary closing conditions.