China Chaintek United Co., Limited was incorporated under the laws of the Cayman Islands on 13 April 2011. The Group conducts all its business through its wholly owned PRC subsidiary Fujian Xingtai Logistics Co.,Ltd, Mr Shufang Zhuang and Mrs Meijin Xu founded the Group’s operating subsidiary Xingtai Logistics in 2000, principally to provide domestic logistics services to fast moving consumer goods manufacturers in Jinjiang City, Fujian Province. The Group is now one of the largest providers of logistics services to domestic sports shoes and apparel manufacturers in China. Jinjiang City is a key manufacturing region in China for sports shoes and apparel in China. Manufacturers in Jinjiang City account for approximately 70 per cent. of the entire production volume of sports shoes and apparel in China. The Group has a long-standing client base of over 60 manufacturers based in Fujian Province and six of its top ten clients by revenue in 2011 are publicly listed in Hong Kong, USA, Malaysia or Singapore.

The Group has two business divisions: Logistics Services Business and Inventory Solutions Business.