ROSLYN, N.Y., Jan. 29, 2021 /PRNewswire/ -- Sino-Global
Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global" or
the "Company"), a non-asset based global shipping and freight
logistical integrated solutions provider, announced today the
appointments, both effective January 28, 2021, of Mr. Lei Nie as the
Company's new Chief Operating Officer ("COO") and of Mr. Xintang
You as the Company's new Chief Technology Officer ("CTO"). The
current COO, Mr. Zhikang Huang, will
continue to serve as a director of the Company and will become the
Company's Vice President -- Operations. The current CTO, Mr.
Yafei Li, will become the Company's
Vice President -- Technology.
Mr. Nie has been an employee of Sino-Global since 2017, where he
has served as the Company's principal IT architect. Prior to
joining Sino-Global, Mr. Nie was a senior architect in IBM China,
where he acted as an iVIP Account Manager for IBM's Asia Pacific/Greater China Group, an Advanced
Technical Support Pureflex Team Leader and Lab Based Service
Solution Architect from 2006 to 2017. Mr. Nie is the spouse of Ms.
Tuo Pan, Sino-Global's acting Chief
Financial Officer.
Mr. You has more than twenty years of experience in
semiconductors and intelligent hardware, cryptocurrency mining
server design and ecology. From 2011 through 2020, Mr. You was the
Chief Executive Officer of Shenzhen Rayshine Technology and
Shenzhen Ethermicro Technology, two companies focused in the
cryptocurrency industry. Mr. You has assisted with the development
and establishment of Bitmain's factory in Shenzhen, and his businesses have been
strategic suppliers of Bitmain.
Mr. Lei Cao, Chief Executive Officer of Sino-Global, stated,
"Zhikang and Yafei have been vital to our operations for years. We
are pleased that they will continue to support and strengthen
Sino-Global as we seek new opportunities for growth in the future.
Lei and Xintang bring with them experience in information
technology, including in particular blockchain and cryptocurrency
expertise, which we plan to explore to find ways to leverage these
and other innovative technologies in our business platform. Such
technologies may be key to the next steps in expanding our
traditional logistics service expertise."
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
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include timing
of the proposed transaction; the business plans, objectives,
expectations and intentions of the parties once the transaction is
complete, and SINO's estimated and future results of operations,
business strategies, competitive position, industry environment and
potential growth opportunities. These forward-looking statements
reflect the current analysis of existing information and are
subject to various risks and uncertainties. As a result, caution
must be exercised in relying on forward-looking statements. Due to
known and unknown risks, our actual results may differ materially
from our expectations or projections. All forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these factors.
Other than as required under the securities laws, the Company does
not assume a duty to update these forward-looking statements.
The following factors, among others, could cause actual results
to differ materially from those described in these forward-looking
statements: there is uncertainty about the spread of the COVID-19
virus and the impact it will have on SINO's operations, the demand
for the SINO's products and services, global supply chains and
economic activity in general. These and other risks and
uncertainties are detailed in the other public filings with the SEC
by SINO.
Additional information concerning these and other factors that
may impact our expectations and projections will be found in our
periodic filings with the SEC, including our Annual Report on Form
10-K for the fiscal year ended June 30, 2020. SINO's SEC
filings are available publicly on the SEC's website
at www.sec.gov. SINO disclaims any obligation to update the
forward-looking statements, whether as a result of new information,
future events or otherwise.
For more information, please contact:
Tuo Pan
Acting Chief Financial Officer
1-718-888-1814
tinap@sino-global.com
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SOURCE Sino-Global Shipping America, Ltd.