Company Description

Our mission is to develop a road-transport smart logistics digital ecosystem through innovation, digital analytics and infrastructure establishment. We are a well-established, reputable and innovative business-to-business contract logistics solution provider in the PRC focusing on industrial raw materials line-haul transportation business. Leveraging on our intelligence on the macro-logistics landscape of our targeted markets, we are able to offer our customers cost-efficient, flexible and reliable logistic solutions with optimized transportation methods and routes tailored to their varying needs. We primarily provide land-only transportation as of the date of this prospectus. A significant portion of our customers are large institutional customers, with whom we have maintained long-term business relationships and typically enter into contracts for our provision of logistics solutions on a yearly basis. It is our strategy to prioritize these large customers because they have a consistent demand for high volume and long distance transportations between designated locations, which are generally more favourable for our operational efficiency, cost management and pricing, and provide more stable recurring revenue stream. Our business model has the following characteristics: . We provide efficient logistics solutions for customers. Unlike digital matching platform providers who provide shippers with a digital platform for shippers to directly engage drivers or owners of trucks individually, we provide logistics solutions to shippers over the contracted period. We analyze the varying needs of our customers and offer comprehensive solutions comprising the selection of suitable trucks and transportation equipment for the job, the optimized cost- and time-saving routes and modes of transportation, among other things. We also offer payment terms to our customers. We maintain good relationships with our customers who generally give us recurring orders, and also a pool of registered truckers to fulfil the transportation needs of our customers. . We focus on digital analytics. Our ability to provide efficient logistics solutions to our customers rides on our intelligence on the macro-logistics landscape of our targeted markets. We have developed our proprietary digitized system, including a Transportation Management System (TMS), during 2017 to 2019 through software companies which stores typical logistics data we gathered throughout our years of operation, such as truck load information, for our use. Leveraging on our experience, we are able to propose logistics solutions that give the shortest, fastest and/or most cost-efficient transportation method, mode and routes, advise logistics solutions beneficial to our customers. . We focus on infrastructure investment. One of our business strategies is to invest in high-end digital road logistics infrastructure. Our business is supported by our 7 full-truck load (“FTL”) centres strategically located in the PRC. Such facilities can facilitate our local data feed for our use and analysis as well as local business development. We have invested in a smart logistics park in Jiangxi, PRC with over 100,000 square meters (approximately 1,184,000 square feet) on which we intend to place facilities including smart warehouses, cold chain storages, packaging lines, parking spaces, data center, truck services bay and truckers accommodation spaces. In the future, with our logistics hubs and nodes laid in strategic nodes across China, we foresee that it can achieve cost saving in our contract logistics operation and facilitate our business expansion into less-than-truckload operation. --- Our principal executive offices are located at Unit 702, Level 7, Core B, Cyberport 3, 100 Cyberport Road, Pokfulam, Hong Kong, and our phone number is (852) 6741 7569. Our registered office is located at the offices of Vistra (Cayman) Limited, P. O. Box 31119 Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1-1205 Cayman Islands. We have appointed Cogency Global Inc., located at 122 East 42nd Street, 18th Floor New York, New York 10168, as our agent upon whom process may be served in any action brought against us under the securities laws of the United States.