Business Summary

The Company owns 92% interest in First Cargo, engaged in e-logistics platform. The platform allows real time two-way online matching of owners of freight vehicles with spare capacity and customers with demand for transportation of goods. The Company has invested in Kuaichi which principally engages in the development and operation of mobile phone apps "Kuaihuoyun", via which logistics and freight transportation services are provided. The Company also operates the wholly owned Lady Annie Copper Mine in Queensland, Australia.