6-K
New Century Logistics (BVI) Ltd (NCEW)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES ACT OF 1933
For the month of May, 2025
Commission File Number: 333-[●]
NEW CENTURYLOGISTICS (BVI) LIMITED
(Name of Registrant)
Office A-E, 33/F, King Palace Plaza,
55 King Yip Street, Kwun Tong,
Kowloon, Hong Kong
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
| Form 20-F | ☒ | Form 40-F | ☐ |
|---|
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Entry Into a Memorandumof Understanding
On May 1, 2025, NEW CENTURY LOGISTICS (BVI) LIMITED (the “Registrant”) entered into a Memorandum of Understanding (the “MOU”) with Soradynamics Inc. (“Soradynamics”) for the design and development of a vehicle-mounted drone logistics system (the “Micro-Hub System”). Pursuant to the terms of the MOU, Soradynamics is expected to be responsible for the design and development of the Micro-Hub System, as well as the provision of services, products, documentation, specifications, and certain materials expressly identified as deliverables in the related Statement of Work. This engagement is intended to enhance and strengthen the Registrant’s logistics operations within the United States.
Issuance of Press Release
On May 7, 2025, the Registrant is issuing a press release announcing its entry into the MOU and describing the principal terms and conditions set forth in the MOU.
Forward Looking Statements
Matters discussed in this report may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words “believe”, “may”, “intends”, “expect”, “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this report are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.
EXHIBIT INDEX
The following exhibits are being filed herewith:
| Exhibit No. | Description |
|---|---|
| 99.1 | Press release of the Company dated May 7, 2025 |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: May 7, 2025 | New Century Logistics (BVI) Limited | |
|---|---|---|
| By: | /s/ Ching Shun Ngan | |
| Ching Shun Ngan | ||
| Chief Executive Officer |
Exhibit 99.1
New Century Logistics and SoradynamicsInc have reached a strategic partnership, Introducing an innovative in-vehicle drone logistics system to reshape the last mile deliveryin the United States
Hong Kong, China, May 07, 2025 - On May 1, 2025, Hong Kong ——, a leading logistics solutions provider in Hong Kong, New Century Logistics (BVI) Limited (hereinafter referred to as “New Century”) announced today that it has signed a Memorandum of Understanding (MOU) with Japanese advanced technology company Soradynamics Inc to jointly develop and deploy an innovative in-vehicle drone logistics system (“Micro-Hub System”). This collaboration aims to address the long-standing core pain points of high last-mile delivery costs and labor shortages in the U.S. logistics industry through technological empowerment, driving an efficiency revolution in the sector.
Drive industry change with technologyand address the core challenges of logistics
According to Soradynamics Inc’s estimates, the last-mile delivery cost in the United States accounts for nearly 30% of total logistics costs, and the truck driver shortage continues to grow, exceeding 80,000 in 2023. New Century’s newly launched Micro-Hub System integrates vehicle-mounted drone nests, six-axis robot automatic battery swapping, and cargo handling technology to achieve full automation and intelligence throughout the logistics process. The system is designed with a modular approach, allowing for rapid deployment without major modifications to vehicle structures, significantly reducing the initial investment threshold for small and medium-sized logistics companies.
Strong cooperation to acceleratethe implementation of technology
Soradynamics Inc, as a leader in the field of drone solutions in Japan, has provided core technology solutions to the Fire and Disaster Management Agency, Ministry of Land, Infrastructure and Transport of Japan and SoftBank Corp. In this cooperation, both parties will combine New Century’s global logistics network with Soradynamics’s modular technology advantages,
Develop systems with the following functions:
Intelligent UAV nest design: support automatic take-off and landing of UAV, and seamlessly integrate with the vehicle through sliding structure;
Six-axis robot cooperative operation: realize automatic battery replacement and cargo loading of UAV, reduce the dependence on manual;
Multi-robot collaboration and scalability: support multiple drones to work at the same time.
Efficiency and cost are improvedto enable sustainable growth
According to Soradynamics Inc, Micro-Hub System can reduce the last mile delivery cost by more than 50% per kilometer, reduce customer complaint rate by more than 80%, and increase order processing capacity by more than 2.5 times.
New Century CEO Ngan Ching Shun stated: “The in-vehicle drone system is highly suitable for small and medium-sized logistics companies, with low initial investment and high scalability. It also meets the rapid and flexible deployment needs of New Century in the U.S. and even the global market. This collaboration is not only a technological breakthrough but also an investment in the future of the logistics industry. We believe that after careful evaluation, through intelligent solutions, New Century will redefine efficient and sustainable logistics networks.”
Soradynamics Inc Director Hirotaka Kuroki stressed: “The partnership with New Century demonstrates our shared vision for technology implementation. Our system will help our customers respond quickly to demand in complex environments and gain a head start in the market.”
Expand the service network andreach new markets
The deployment of Micro-Hub System will help New Century break geographical limitations, covering remote and suburban markets that traditional vehicles struggle to serve efficiently, with an expanded coverage radius of up to 40KM, meeting the urgent need for fast and economical delivery in these areas. The system can also seamlessly integrate with existing logistics infrastructure, providing flexible support for high-frequency delivery scenarios such as e-commerce and healthcare.
About New Century Logistics
New Century Logistics (BVI) Limited is headquartered in Hong Kong and focuses on providing innovative logistics solutions to customers around the world. With a technology-driven strategy, the company continues to drive the intelligent upgrade of supply chain, and its business covers major markets in North America, Europe and Asia.
New Century will further deepen the integrated application of artificial intelligence, automation, and drone technology. The company plans to consolidate its industry leadership through expanding its technological ecosystem, penetrating emerging markets, innovating green logistics, and focusing on customer value. New Century will continue to invest in research and development, driving the logistics industry’s paradigm shift from “labor-intensive” to “technology-intensive,” redefining an efficient and sustainable future for logistics.
This press release containsforward-looking statements, and the actual results may vary due to technological implementation and changes in the market environment.The data cited is based on internal measurement and industry research, and the specific results are subject to actual operations.
Contact:
ir@nclogistics.com.hk
New Century Logistics (BVI) Ltd
A-E 33/F King Palace Plaza
55 King Yip Street
Kwun Tong Hong Kong
www.nclogistics.com.hk