ROSLYN, N.Y., Feb. 3, 2021 /PRNewswire/ — Sino-World Transport America, Ltd. (NASDAQ: SINO) (“Sino-World”, the “Firm” or “we”), a non-asset based mostly world delivery and freight logistical built-in options supplier, introduced at present that the newly appointed Chief Working Officer Mr. Lei Nie and Chief Expertise Officer Mr. Xintang You will spearhead the Firm’s effort to enter Bitcoin mining.
As Sino-World evaluates its technique for 2021 and past, the deliberate Bitcoin mining growth follows a collection of steps in preparation. The plan makes use of management staff members who concentrate on info expertise, Blockchain, cryptocurrency mining operations and extra. Given the Firm’s plan to boost the standard logistics service platform via leveraging modern applied sciences, the Firm is happy to discover alternatives created by present market situations and enter the cryptocurrency sector.
“We’re thrilled to increase to Bitcoin mining,” commented Mr. Lei Cao, Chief Government Officer of Sino-World. “The administration staff is able to take our enterprise to the following degree by executing this growth technique. We imagine that Sino-World is well-positioned to proceed rising its core enterprise whereas increasing to Bitcoin mining operations.”
About Sino-World Transport America, Ltd.
Based in the USA in 2001, Sino-World Transport America, Ltd. is an organization engaged in delivery, chartering, logistics and associated providers. Headquartered in New York, Sino-World has workplaces in Los Angeles, Mainland China, Australia, Canada and Hong Kong. The Firm’s present service choices encompass delivery company providers, delivery and chartering providers, inland transportation administration providers and ship administration providers. Further details about Sino-World could be discovered on the Firm’s company web site at www.sino-global.net. The Firm routinely posts vital info on its web site.
Sure statements made herein are “forward-looking statements” throughout the that means of the “secure harbor” provisions of the Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements could also be recognized by means of phrases reminiscent of “anticipate”, “imagine”, “count on”, “estimate”, “plan”, “outlook”, and “undertaking” and different related expressions that predict or point out future occasions or tendencies or that aren’t statements of historic issues. Such forward-looking statements embrace timing of the proposed initiative; the enterprise plans, targets, and expectations of the Firm relating to the initative, and SINO’s estimated and future outcomes of operations, enterprise methods, aggressive place, business atmosphere and potential progress alternatives. These forward-looking statements replicate the present evaluation of current info and are topic to varied dangers and uncertainties. Consequently, warning should be exercised in counting on forward-looking statements. Attributable to recognized and unknown dangers, our precise outcomes might differ materially from our expectations or projections. All forward-looking statements attributable to the Firm or individuals appearing on its behalf are expressly certified of their entirety by these components. Aside from as required underneath the securities legal guidelines, the Firm doesn’t assume an obligation to replace these forward-looking statements.
The next components, amongst others, might trigger precise outcomes to vary materially from these described in these forward-looking statements: there may be uncertainty in regards to the unfold of the COVID-19 virus and the impression it should have on SINO’s operations, the demand for SINO’s services, world provide chains and financial exercise typically. As well as, the worth of cryptocurrencies might fluctuate considerably over time. These and different dangers and uncertainties are detailed within the different public filings with the SEC by SINO.
Further info regarding these and different components that will impression our expectations and projections shall be present in our periodic filings with the SEC, together with our Annual Report on Type 10-Okay for the fiscal 12 months ended June 30, 2020. SINO’s SEC filings can be found publicly on the SEC’s web site at www.sec.gov. SINO disclaims any obligation to replace the forward-looking statements, whether or not on account of new info, future occasions or in any other case.
For extra info, please contact:
Tuo Pan, Performing Chief Monetary Officer
SOURCE Sino-World Transport America, Ltd.