Sino-Worldwide Appoints New Chief Functioning Officer and Main Technologies Officer

ROSLYN, N.Y., Jan. 29, 2021 /PRNewswire/ — Sino-World Shipping The usa, Ltd. (NASDAQ: SINO) (“Sino-Global” or the “Company”), a non-asset based worldwide delivery and freight logistical integrated options company, announced nowadays the appointments, equally helpful January 28, 2021, of Mr. Lei Nie as the Company’s new Main Working Officer (“COO”) and of Mr. Xintang You as the Company’s new Chief Know-how Officer (“CTO”). The existing COO, Mr. Zhikang Huang, will go on to serve as a director of the Corporation and will grow to be the Company’s Vice President — Functions. The existing CTO, Mr. Yafei Li, will develop into the Company’s Vice President — Technological innovation.

Mr. Nie has been an personnel of Sino-World due to the fact 2017, in which he has served as the Company’s principal IT architect. Prior to becoming a member of Sino-World wide, Mr. Nie was a senior architect in IBM China, the place he acted as an iVIP Account Supervisor for IBM’s Asia Pacific/Higher China Group, an Advanced Technical Help Pureflex Staff Leader and Lab Primarily based Service Option Architect from 2006 to 2017. Mr. Nie is the spouse of Ms. Tuo Pan, Sino-Global’s acting Main Economic Officer.

Mr. You has additional than 20 several years of knowledge in semiconductors and clever components, cryptocurrency mining server style and design and ecology. From 2011 by way of 2020, Mr. You was the Main Government Officer of Shenzhen Rayshine Engineering and Shenzhen Ethermicro Technological innovation, two organizations focused in the cryptocurrency market. Mr. You has assisted with the growth and institution of Bitmain’s factory in Shenzhen, and his companies have been strategic suppliers of Bitmain.

Mr. Lei Cao, Main Govt Officer of Sino-Global, said, “Zhikang and Yafei have been crucial to our operations for yrs. We are happy that they will go on to help and fortify Sino-Global as we search for new alternatives for progress in the long run. Lei and Xintang carry with them practical experience in information and facts technological know-how, such as in particular blockchain and cryptocurrency abilities, which we plan to explore to locate ways to leverage these and other impressive systems in our organization system. Such systems may perhaps be important to the next techniques in growing our classic logistics support experience.”

About Sino-Global Transport The usa, Ltd.

Established in the United States in 2001, Sino-World wide Shipping and delivery The united states, Ltd. is a firm engaged in shipping, chartering, logistics and connected services. Headquartered in New York, Sino-World has places of work in Los Angeles, Mainland China, Australia, Canada and Hong Kong. The Company’s present provider choices consist of shipping company services, delivery and chartering services, inland transportation management solutions and ship management providers. Added information about Sino-Worldwide can be located on the Company’s corporate web site at www.sino-international.internet. The Business routinely posts significant information and facts on its site.

Forward-Searching Statements

Specified statements designed herein are “forward-wanting statements” within just the this means of the “safe harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Forward-hunting statements might be identified by the use of terms such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other very similar expressions that forecast or show upcoming gatherings or traits or that are not statements of historic issues. These ahead-wanting statements involve timing of the proposed transaction the business plans, aims, expectations and intentions of the parties as soon as the transaction is comprehensive, and SINO’s approximated and upcoming benefits of functions, organization tactics, competitive placement, marketplace atmosphere and probable progress chances. These ahead-hunting statements reflect the recent investigation of present information and facts and are subject matter to numerous risks and uncertainties. As a final result, caution need to be exercised in relying on forward-wanting statements. Thanks to identified and unfamiliar pitfalls, our true success could vary materially from our anticipations or projections. All forward-looking statements attributable to the Firm or people acting on its behalf are expressly skilled in their entirety by these variables. Other than as expected underneath the securities rules, the Corporation does not suppose a duty to update these forward-looking statements.

The next variables, between some others, could cause real effects to vary materially from those people described in these forward-looking statements: there is uncertainty about the distribute of the COVID-19 virus and the impression it will have on SINO’s operations, the desire for the SINO’s items and services, world-wide offer chains and financial activity in normal. These and other hazards and uncertainties are thorough in the other general public filings with the SEC by SINO.

Additional details regarding these and other factors that may possibly impact our expectations and projections will be uncovered in our periodic filings with the SEC, including our Annual Report on Variety 10-K for the fiscal 12 months finished June 30, 2020. SINO’s SEC filings are out there publicly on the SEC’s web-site at SINO disclaims any obligation to update the forward-hunting statements, whether or not as a final result of new information, future functions or usually.

For much more information, be sure to contact:

Tuo Pan
Performing Chief Economic Officer

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Resource Sino-International Transport The us, Ltd.

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