September 22, 2023

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Sino-International Appoints New Main Running Officer and Main Know-how Officer

ROSLYN, N.Y., Jan. 29, 2021 /PRNewswire/ — Sino-World Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global” or the “Company”), a non-asset primarily based world wide delivery and freight logistical built-in answers company, announced these days the appointments, both of those productive January 28, 2021, of Mr. Lei Nie as the Company’s new Main Running Officer (“COO”) and of Mr. Xintang You as the Company’s new Chief Technological know-how Officer (“CTO”). The present-day COO, Mr. Zhikang Huang, will keep on to provide as a director of the Organization and will turn out to be the Company’s Vice President — Operations. The recent CTO, Mr. Yafei Li, will become the Company’s Vice President — Technology.

Mr. Nie has been an personnel of Sino-World-wide given that 2017, where by he has served as the Company’s principal IT architect. Prior to signing up for Sino-World, Mr. Nie was a senior architect in IBM China, in which he acted as an iVIP Account Supervisor for IBM’s Asia Pacific/Higher China Team, an Superior Complex Aid Pureflex Team Chief and Lab Centered Company Option Architect from 2006 to 2017. Mr. Nie is the spouse of Ms. Tuo Pan, Sino-Global’s performing Main Monetary Officer.

Mr. You has extra than twenty many years of working experience in semiconductors and intelligent components, cryptocurrency mining server design and ecology. From 2011 via 2020, Mr. You was the Main Executive Officer of Shenzhen Rayshine Engineering and Shenzhen Ethermicro Technology, two firms centered in the cryptocurrency field. Mr. You has assisted with the enhancement and establishment of Bitmain’s manufacturing facility in Shenzhen, and his enterprises have been strategic suppliers of Bitmain.

Mr. Lei Cao, Chief Government Officer of Sino-World wide, mentioned, “Zhikang and Yafei have been critical to our functions for years. We are delighted that they will continue on to aid and reinforce Sino-World wide as we seek new prospects for development in the long run. Lei and Xintang carry with them knowledge in info technological know-how, which include in individual blockchain and cryptocurrency experience, which we approach to examine to uncover ways to leverage these and other impressive technologies in our business enterprise platform. These types of technologies may possibly be critical to the up coming techniques in growing our regular logistics company abilities.”

About Sino-World Shipping The usa, Ltd.

Started in the United States in 2001, Sino-Worldwide Transport The usa, Ltd. is a firm engaged in shipping and delivery, chartering, logistics and similar providers. Headquartered in New York, Sino-World wide has places of work in Los Angeles, Mainland China, Australia, Canada and Hong Kong. The Company’s present-day company choices consist of transport agency services, delivery and chartering expert services, inland transportation administration solutions and ship administration products and services. More information about Sino-Worldwide can be uncovered on the Company’s company web page at www.sino-world-wide.web. The Enterprise routinely posts important info on its website.

Forward-Seeking Statements

Particular statements designed herein are “forward-hunting statements” within just the meaning of the “safe harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Ahead-searching statements may perhaps be identified by the use of terms this sort of as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other identical expressions that forecast or show long term activities or trends or that are not statements of historical issues. These types of ahead-on the lookout statements include things like timing of the proposed transaction the company programs, aims, anticipations and intentions of the parties after the transaction is complete, and SINO’s approximated and upcoming success of functions, business enterprise strategies, competitive situation, market atmosphere and potential advancement prospects. These forward-searching statements replicate the present analysis of present information and are subject to several hazards and uncertainties. As a consequence, warning should be exercised in relying on forward-on the lookout statements. Due to recognised and unfamiliar challenges, our genuine outcomes could differ materially from our expectations or projections. All forward-seeking statements attributable to the Business or folks performing on its behalf are expressly competent in their entirety by these elements. Other than as required less than the securities guidelines, the Company does not think a duty to update these ahead-wanting statements.

The next aspects, amongst some others, could bring about precise results to differ materially from these described in these ahead-searching statements: there is uncertainty about the unfold of the COVID-19 virus and the influence it will have on SINO’s operations, the demand from customers for the SINO’s items and providers, world source chains and economic action in normal. These and other risks and uncertainties are in-depth in the other general public filings with the SEC by SINO.

Extra information regarding these and other elements that may effect our anticipations and projections will be found in our periodic filings with the SEC, such as our Yearly Report on Kind 10-K for the fiscal year finished June 30, 2020. SINO’s SEC filings are obtainable publicly on the SEC’s web-site at SINO disclaims any obligation to update the forward-hunting statements, whether as a outcome of new information and facts, potential situations or otherwise.

For far more info, you should contact:

Tuo Pan
Performing Main Financial Officer

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Resource Sino-World-wide Transport The united states, Ltd.