Marvion Inc. is a Nevada holding company that, through its wholly owned subsidiaries, provides logistics, warehousing, financial consulting, and solar power generation services in Hong Kong. The company’s operating subsidiaries are KSK Logistic Limited which handles last mile deliveries for retail and business customers, United Warehouse Management Limited which provides warehousing and distribution services, and Propose Enterprise Limited which offers business advisory solutions. Additionally, Marvion utilizes its warehouse rooftops to host solar photovoltaic systems that generate electricity sold to CLP Power Hong Kong Limited under a feed in tariff scheme.

Marvion Inc. generates revenue from logistic services income, warehousing services income, financial consulting services income, and solar power sales to CLP Power Hong Kong Limited. For the 9 months ended September 30, 2025, the company reported total revenue of $2,478,895, representing a 143% increase from the prior year period. Logistic service revenue is recognized when goods are delivered to the designated recipient and confirmed by the customer, with monthly invoicing and a 30 day credit term. Warehousing service revenue is recognized ratably over the contract term as storage services are performed, with monthly invoicing in arrear. Financial consulting revenue is recognized upon completion of short term engagements, usually within 3 months, when invoices are issued after service delivery. All of the company’s revenue is derived from operations in Hong Kong.

The company operates through the following segments:

• Supply chain segment: This segment comprises logistic services for last mile deliveries to retail and business customers and warehousing and distribution services for storage and inventory management.

• Financial segment: This segment provides business advisory solutions and financial consulting services, facilitating the placement of financing options with credit institutions.

The company differentiates itself by offering an integrated logistics and warehousing platform, being the exclusive local delivery partner for SF Express in Yuen Long, and having a major HKEX listed logistic partner that uses its facilities for combined warehousing and last mile delivery. Its solar photovoltaic partnership with Starwarehouse Engineering adds a long term stable revenue stream, with power sold to CLP Power Hong Kong Limited under a feed in tariff scheme, expected to start generating revenue in mid 2026 and continue until December 31, 2033. As part of the acquisition of UWMC, Marvion agreed to potential earnout payments totaling $5.5 million contingent on UWMC achieving specified net income milestones. The financial consulting business provides additional fee based income, enhancing revenue diversity beyond pure logistics and warehousing peers. These combined strengths position Marvion within the Hong Kong logistics and warehousing market as a provider that combines traditional services with renewable energy and advisory capabilities.

The company serves retail and business customers needing last mile delivery, warehousing clients requiring storage and distribution, and business advisory clients seeking consulting services. It also sells solar power generated from its warehouse rooftops to CLP Power Hong Kong Limited. Specific customers include Kwai Bon Transportation Limited, Lei Tat Trading (International) Limited, Pro King International Warehouse Limited, and Furniture Station Limited.