Sino-Global Appoints Anthony S. Chan, CPA As Executive Vice President

Aug 05, 2013, 09:00 ET from Sino-Global Shipping America, Ltd.

BEIJING, Aug. 5, 2013 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced the appointment of Anthony S. Chan as Executive Vice President.

Mr. Anthony S. Chan is a seasoned CPA licensed in New York with over 20 years of professional experience in auditing and SEC reporting, mergers and acquisitions (M&A), SOX compliance, internal controls and risk management. Anthony has advised and audited public companies and privately-held organization across various industries including manufacturing, shipping, media and publishing, entertainment, communications, insurance, and real estate. Prior to joining Sino-Global, Anthony was an audit partner specializing in the delivery of assurance and advisory services to public companies with operations in China. He was a former divisional CFO for a publicly traded company and had spent more than a decade at Big Four accounting firms delivering assurance and M&A consulting services. His international experience also includes providing financial due diligence for strategic and financial buyers on various cross-border opportunities in mainland China, Taiwan, Finland, Mexico, and Puerto Rico. Anthony is a Board of Director of the New York State Society of Certified Public Accountants and a member of the editorial board for The CPA Journal.

Mr. Cao Lei, Sino-Global's Chief Executive Officer, stated, "We are pleased to announce that we have hired Anthony Chan as an Executive Vice President. Given his many years of experience advising public companies on mergers and acquisitions and international transactions, Anthony will be instrumental in helping us implement our goal to continue developing our international network and strengthening our network in China. We are confident that Anthony will help us navigate the challenges we expect, especially as we seek to expand our shipping agency network internationally and in China. I look forward to working with Anthony and welcome him to our team."

About Sino-Global Shipping America, Ltd.

Registered in the United States in 2001 and with operations in mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping agency services. With local branches in most of China's main ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality shipping agency services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also cooperates with companies in Hong Kong, mainland China, India, and South Africa to offer comprehensive shipping agent services to vessels going to and from some of the world's busiest ports.

Sino-Global provides ship owners, operators and charters with comprehensive yet customized shipping agency services including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9001 and UKAS certifications.

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 events.


Michael Huang, Chief Operating Officer

Stephen D. Axelrod, CFA

Sino-Global, Beijing

Wolfe Axelrod Weinberger Assoc. LLC


Tel. (212) 370-4500 Fax (212) 370-4505

SOURCE Sino-Global Shipping America, Ltd.