Dyna International Shipping Limited

Dyna International Shipping Limited (Dyna) was established in Hong Kong in December 1988.

Since then, with containerized shipping services as company¡¯s core business, and feeder routes from China to the Americas, Europe and Southeast Asia via Hong Kong as market orientation, Dyna becomes one of the largest, multifunctional and professional freight service providers in Hong Kong after years of operation and development.

To expand the scope of business and market, Dyna has, under the approval of Ministry of Foreign Trade and Economic Cooperation of China, established two subordinate companies namely Guangdong Dyna International Freight Agency Co. Ltd. and Guangdong Dyna International Shipping Agency Co. Ltd. in 1998 and 2003 respectively.

Scope of Service

Dyna has always engaged in multiple-developed freight services, which include: the regular feeder service operating daily between Guangdong, Guangxi and Hong Kong; worldwide import and export ocean freight service; warehousing and delivery service; consolidationandde-consolidation service; dangerous cargoes transportation service; transshipment from ports of China via Hong Kong to the world; customs declaration and clearance service; cargo insurance and other logistic management services.

To keep pace with the trends of economic globalization and informatization, Dyna makes dauntless efforts for innovation, advancement and application of computer and the internet, and has expanded services to Southeast Asia and other overseas markets.

Hong Kong, Guangdong and Guangxi Feeder Service

Dyna¡¯s self-support fleets provide regular direct feeder services between Hong Kong and Pearl River Delta and between Hong Kong and major ports in Beihai of Guangxi Province, to ensure the convenient and swift shifting of customers goods in and out Guangdong, Hong Kong and Guangxi.

World Import and Export Ocean Freight Services

For many years, Dyna has continued to establish a global transportation network. We have maintained close cooperation with major global and regional carriers, and to provide quality services to customers with the most favorable prices and frequent feeder services.

Consolidation and de-consolidation Service

For customer with goods less than container load (LCL), Dyna provides consolidation and delivery services to avoid unnecessary timecost and expenses for customers. Besides, we provides de-consolidation of full container loads, warehousing, packaging and door-to-door services according to the instructions of customers.

Fireworks and Other Dangerous Cargos Transportation Service

With years of experiences in handling transportation of dangerous cargos, high sense of responsibility and matured operation pattern, Dyna has become a leading agency in the field of fireworks and other dangerous cargos transportation services in East China and South China.

Dyna¡¯s Shanghai Branch has even attained the approval of Shanghai Maritime Bureau to establish a Grade A inspection venue for dangerous goods and fireworks in the Mainland, and the Shanghai Branch has become one of the most credible cargo transportation agencies in Shanghai.

Customs Declaration and Clearance Service

Dyna equipped with a team of professional and experienced staffs to handle customs declaration and clearance of various cargoes, by collaborating with professional worldwide agencies to ensure cargoes of our customers to reach destinations on schedule.

Insurance Service

To provide professional services to our customers¡¯ goods at every stage of transportation, Dyna also provides professional insurance services to avoid losses that may be suffered by customers in case there is any accident occurs while transit.

Inland Domestic Service

To maintainclose working relationship with the highway and railway operators in China, Dyna offers a sound and comprehensive land-sea transportation service to customers, and to assist them connecting cargoes between inland cities and individual loading ports while ensuring the reliability and security of goods.

Warehousing and Delivery Service

Dyna understands that a set of effective warehousing and delivery service can save transportation cost for customers. Therefore, Dyna operates warehousing and delivery servicein Hong Kong and the Mainland so as to improve the quality of services.

Strengths

Dyna as a Grade A cargo transportation agency, has certain competitiveness in terms of operation pattern, technical services and shipping lines£º

Grade A Forwarding Licensed Agent

Dyna was awarded the Grade A Forwarding Licensed Agent by Ministry of Foreign Trade and Economic Cooperation of China in June 1998 to establish Guangdong Dyna International Freight Agency Co., Ltd. (Grade A agent) which is authorized to carry out shipping and forwarding business like cargo solicitation, bill of lading issuance, chartering, warehousing, transit, consolidation and de-consolidation, settlement, customs declaration/clearance, insurance, short haul transportation and consultation throughoutthe Mainland.

Comprehensive Transportation Services

Dyna provides a set of comprehensive transportation services, which satisfy specific requirements of customers. Dyna offers a full range of services including ocean freight carriage, inland and domestic transport, haulage, warehousing, customs declaration and clearance, cargo insurance, logistics management and various consultation services plus regular feeder servicebetween Hong Kong, Guangdong and Guangxi, provide efficient and reliable services to importing/exporting of containers by the Mainland.

Worldwide Transportation Network

Dyna has always been expanding the coverage of cargo transportation network by selecting oversea partners of good credibility and strength in order to meet customers¡¯ requirements for quality worldwide freight services and to safeguard their interests.

Selection of Shipping Lines

Through years of development, Dyna has established good partnership with all major ocean carriers, and able to provide full-range of service selections on freight cost, shipment schedule, duration, port of loading, inland transshipment location etc. in order to satisfy the needs of different customers.

Fully Computerized Operation with High Efficiency

To continuously improve the service quality and management efficiency, Dyna makes full use of modernized equipments and management measures, using advanced computerized equipment in our operation and utilizing Electronic Data Interchange (EDI) technology transmitting data among all branch offices to increase efficiency and accuracy of operations.

Good Business Reputation

Dynahas established good reputation in the industrysince the foundation. We have always devoted to provide quality and efficient freight services to our customers through years of close partnership with major liners in the region. In June 1997, Star TV broadcasted a special programme featuring good reputation of Dyna.

Chinajoinedthe WTO which has provided immense market to import and export trade and cargo transportation businesses. Through years of efforts, Dyna has accumulated valuable experiences in market operations, and has taken this opportunity to strengthen the development. With the good reputation in Pearl River Delta, we have established branches in Shanghai, Beihai, Beijing and other places in the Mainland, to provide transportation services to customers.

Corporate Culture

Corporate Spirit

Innovation, Credibility, People-oriented, Perfection

Business Principles

Business principles: Safe and Efficient;Top Quality with Competitive Prices;

Service standard: Provide Services Honestly and Cheerfully;

To provide various quality and efficient worldwide transportation services honestly, including professional advices, devoted services, appropriate arrangement and on time delivery etc. depending on different requirement of customers.

Operation Concept

Operation concept: Honesty First, People Oriented;

Operation strategy: China-Based, Worldwide-Sighted;

Operation objective: Customer Satisfaction, Service Foremost;

We sincerely welcome people from all circles to become reliable partners of Dyna in the field of international transportation.

Mission and Values

Historical mission: Serve the society, benefit the community, develop the industry and strengthen our country;

Operation guideline: Provide the best quality of service, select the best routing, choose the safety carriers, minimize the transportation cost for customers.

By integrating rich operational experiences accumulated through years, Dyna has established internally a precise and efficient service system. The ¡°Dyna Service Standard¡± has implemented into every component of the business.

Prospects

Dyna is full of confidence for the development of transport industry in the future. To strengthen and further improve the leading position in the industry, the following planshave been made:

-Implementing principle of ¡°people-oriented¡± continuously; encouraging employees for continuous

education or training in order to improve service quality and professional skills.

-Expand service network by developing new overseas agents and set up more branches and offices.

-Consolidate and further develop fireworks and other dangerous cargo transportation services.

-Continuously explore new feeder routes and strengthening the frequency of existing feeder service.

-Develop water-land connection transportation business to provide more convenient transportation agency services to customers.

-Strengthen computer system by optimizing theuse of internet, in order to provide more accurate and timely information about shipments.

Besides, Dyna will continue toinvite talents in the industry to reorganize unused logistics resources and to expand service network in China. With continuous expansion and development of business, Dyna is stepping firmly towards the goals.

Guangdong Dyna International Freight Agency Co. Ltd. (Dyna Freight)

Guangdong Dyna International Freight Agency Co. Ltd. (Dyna Freight), established in 1999 after the approval of Ministry of Foreign Trade and Economic Cooperation of China, is a National Grade A cargo transportation agent (Certificate No.: MOFCOM19204 ), which is a branch of Dynan (Hong Kong) parent company.

Customs Registration No.: 4401983069

Agency Registration No.: 4400910064

Guangdong Dyna International Freight Agency Co. Ltd. (Dyna Freight) mainly engages in international maritime transportation businesses. To provide convenient shipping services to customers in China, Dyna Freight has consecutively established branches in Shanghai, Beihai and Hubei, and offices in Huangpu, Nanhai, Zhongshan, Foshan, Shenzhen, Liling and Beijing.Besides, Dyna Freight has established solid agency network overseas to provide sound logistics services.

Dyna Freight has always maintained close cooperation with major shipping companies in China, and employed a lot of experienced professionals to provide quality and efficient logistics services to customers. These employees, well familiar with the operations in the Mainland and Hong Kong, are able to hand and takeover documents (house bill of lading and other certificates) accurately and timely, to report quickly and solve timely emergency happenings, and has acute perception of

domestic/overseas market reactions.

Scope of Services

Import/export cargo transportation (container shipping, consolidation and airlift);

Domestic trade logistics transportation;

Land transportation of containers (road/railway transportation and transit);

Warehousing, transshipping;

Customs declaration/clearance/changing;

Inspection, quarantine (e.g. commodity inspection, botanic inspection and sanitation inspection), fumigation/disinfection;

Transaction of various certificates£¨e.g. FORM A£¬C/O£©

Cargo insurance;

Shipping consultation service.

Shipping Lines Advantages

Dyna Freight has partners in Southeast Asia, Europe, Australia, North Africa, West Africa, Middle East, Americas etc, and has long-term cargo transportation contracts with a number of shipping companies such as MSC, Evergreen, NYK. Dyna Freight ensures favorable freight prices, plenty of shipping spaces and accurate, swift and professional services.

Guangdong Dyna International Shipping Agency Co. Ltd. (Dyna Shipping)

GuangdongDyna International Shipping Agency Co. Ltd. (Dyna Shipping), established on 20May 2003, is a subordinate of Dyna International Shipping Limited.

Dyna Shipping hold Registration Certificate for International Shipping Agency Businesses (Certificate No.: MOC-VA00513) issued by Ministry of Communications of China on 3July2003.

Business LicenseNo.: 4400002091984

Customs Registration Certificate No.: 4401280041

To expand the business, Dyna Shipping has set up two branches namely Wuhan Dyna International Shipping Agency Co., Ltd. and Yunnan Dyna International Shipping Agency Co., Ltd.

Scope of Services

China/foreign shipping-related agency business;

Transaction of procedures for ships enter/leave ports;

Signing of bill of lading/ transportation contracts and chartering on behalf of customers;

Transaction of customs declaration procedures and other related affairs with regard to ships, containers and cargos.

¡¡ Dyna International Shipping Limited. 2006-2007 All Rights Reserved.