Through TKE Zhenbiao, our PRC Operating Subsidiaries founded in 2001, we are a logistics service provider in the East China region (covering the provinces of Anhui, Fujian, Jiangsu, Shandong and Zhejiang and the municipality of Shanghai of the PRC), mainly offering container trucking services to our customers. Trucking services refer to the haulage, primarily containers, between seaports and/or our customers’ designated pick up and/or delivery points. As of December 31, 2022, we operate a truckload fleet of 214 trucks and 239 trailers, including 5 trucks and 4 trailers which are leased under capital (financing) lease arrangements, all of which are owned by us. According to the Frost & Sullivan Report, we ranked first in the East China region in terms of self-operated vehicles in 2021. Since 2018, we have been a member of the Container Trucking Branch of the Shanghai Transportation Trade Association.