CTS International Logistics Corporation Limited (hereinafter referred to as �CTS International�) is the Logistics & Trading business unit of China National Travel Service (HK) Group Corporation�hereinafter referred to as �China National Travel Service), which is the major stockholder of CTS International Logistics Corporation Limited. China National Travel Service, with a history of more than eighty years in Hong Kong, is a key enterprise administrated by State-owned Assets Supervision and Administration Commission (SASAC). The headquarters of CTS International is located in Shanghai, the international shipping center. It mainly focuses on cross-border comprehensive logistics and supply chain trade services. CTS International, incorporated in Shanghai in 1984, is one of the earliest freight forwarding companies that has the license approved and issued by former Ministry of Commerce, Civil Aviation Administration and General Administration of Customs of PRC. Headquartered in Shanghai, CTS International has a relatively long history with a well-known brand name in the logistics industry. CTS International has already formed the network and intensive management and development pattern. There are 34 sub-institutions all over China�s main ports and economically developed inland cities, as well as Hong Kong, New York, Los Angeles, Atlanta, Miami, Frankfurt. The overseas partners with long-term cooperative relationship have been founded in more than 150 countries and regions of the world. Our network covers all major freight processing cities in China and the world. The number of CTS staff has come to 2000 people. CTS Logistics is an asset-light logistics company. It ranks 7th in top 100 logistics companies in China, includeing all asset-heavy logistics companies and global freight forwarding and logistics companies in China. In many important ports in China, CTS International ranks in the top three in terms of cargo volume been processed per annum.