ROSLYN, New York, April 27, 2020 /PRNewswire/ -- Sino-Global
Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global",
the "Company" or "we"), a non-asset based
global shipping and freight logistic integrated solution provider,
today announced that it has appointed Mr. Kelin Wu to the newly created position of Chief
Marketing Officer, where he will lead the Company's global
marketing program and strategies. He will report directly to CEO
Mr. Wu was previously the founder and primary shareholder of
Mandarine Ocean Ltd, ("Mandarine Ocean"), a Shanghai, China based shipping company
registered in the Marshall
Islands. Sino-Global recently signed a share purchase
agreement in which the Company acquired a 75% majority position in
Mandarine Ocean. Mr. Wu has
extensive experience in the ocean freight services business, having
served as one of the upstream clients of Sino-Global's light-asset
shipping logistic services.
Prior to founding Mardarine Ocean, Mr. Wu, 45, served as General
Manager of Shanghai Vasteast Int'l, a ship owner and operator. Mr.
Wu graduated from Shanghai Maritime University and holds a Masters
degree in maritime law.
With the addition of Mr.Wu, Sino-Global expects to leverage its
light-asset shipping service business while expanding further
upstream toward the customer in the shipping logistics value
Mr. Lei Cao, Chief Executive Officer of Sino-Global, stated, "We
are very pleased that Kelin has agreed to join the Company's senior
management team as Chief Marketing Officer. He is a dynamic and
deeply experienced executive whose leadership, insights, market
expertise and creative approach will be invaluable as we move into
this next stage of development for Sino-Global. Throughout our
discussions surrounding the share purchase agreement with
Mandarine Ocean, we were impressed
by Kelin's knowledge of the entire logistics and shipping freight
market. All of us agreed that Sino-Global would benefit from a
dedicated marketing executive that could help to elevate our brand
recognition and status as an exceptional provider of logistics
solutions throughout the globe."
Mr. Wu stated, "I am very excited to join Sino-Global at a time
where having a strong, recognizable presence in the global
logistics market is critical to success. As China begins to move on from the COVID-19
pandemic, we hope to work together to establish the Company as a
clear leader in the transportation and logistics industry."
About Sino-Global Shipping America, Ltd.
Founded in the United States in
2001, Sino-Global Shipping America, Ltd. is a company engaged in
shipping, chartering, logistics and related services. Headquartered
in New York, Sino-Global has
offices in Los Angeles, Mainland
China, Australia, Canada and Hong
Kong. The Company's current service offerings
consist of shipping agency services, shipping and chartering
services, inland transportation management services and ship
management services. Additional information about Sino-Global can
be found on the Company's corporate website at
www.sino-global.net. The Company routinely posts important
information on its website.
Forward Looking Statements
No statement made in this press release should be interpreted as
an offer to purchase any security. Such an offer can only be made
in accordance with the Securities Act of 1933, as amended, and
applicable state securities laws. Any statements contained in this
release that relate to future plans, events or performance are
forward-looking statements that involve risks and uncertainties as
identified in Sino-Global's filings with the Securities and
Exchange Commission. Actual results, events or performance may
differ materially. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
the date hereof. Sino-Global undertakes no obligation to publicly
release the results of any revisions to these forward-looking
statements that may be made to reflect the events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
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SOURCE Sino-Global Shipping America, Ltd.