Business Overview

Business Overview

Overview

Founded in the United States of America ("US") in 2001, we are a Virginia corporation with primary US operations in New York. Our principal geographic market is in the People's Republic of China ("PRC"); and we conduct our business primarily through our wholly-owned subsidiaries in China, Hong Kong, Australia, Canada and New York.

Historically, we provide our customers with customized shipping agency services, but during fiscal year 2014 we have expanded our service offering to include shipping and chartering services (launched during the quarter that ended on September 30, 2013) and inland transportation management services (launched during the quarter that ended on December 31, 2013). These new services are part of our strategic initiatives to diversify our service offering, reduce our dependency on a single customer, broaden our business platform, and improve our operating profit.

Business Segments

We currently deliver the following services: shipping agency and ship management services, shipping and chartering services, and inland transportation management services. Historically we were in the business of solely providing shipping agency services. With the support of our largest shareholder and the company he controls, Tianjin Zhi Yuan Investment Group Co., Ltd. (the "Zhiyuan Investment Group"), we expanded our service platform during fiscal year 2014 to include shipping and chartering services (launched during the quarter that ended on September 30, 2013) and inland transportation management services (launched during the quarter that ended on December 31, 2013). With the LSM acquisition, we added ship management services to our service platform in September 2014.


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