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Sino-Global Expands with New Corporate HQ

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Sino-Global Shipping America, Ltd. (NASDAQ: SINO) has relocated its headquarters to a larger facility in Great Neck, New York, to support its business expansion and diversification efforts. Chairman and CEO Lei Cao emphasized the strategic importance of the new location and the company's commitment to fostering community relations and high-quality employment opportunities. Founded in 2001, Sino-Global is also diversifying into the cryptocurrency market while continuing its shipping, chartering, and logistics services. The company’s forward-looking statements highlight potential risks, including the impact of COVID-19 and cryptocurrency value fluctuations.

Positive
  • New headquarters in Great Neck, NY, enhances operational capacity.
  • Strategic location supports ongoing business expansion and diversification efforts.
Negative
  • Forward-looking statements indicate uncertainties related to COVID-19 impact and cryptocurrency volatility.

GREAT NECK, N.Y., Oct. 22, 2021 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global" or the "Company") today announced that the Company has expanded with the move of its headquarters within New York. The new address is:

Sino-Global Shipping America, Ltd.
98 Cutter Mill Road, Suite 322
Great Neck, New York 11021
Phone: +1-718-888-1814
www.sino-global.net

Mr. Lei Cao, Chairman and Chief Executive Officer of Sino-Global, commented, "I am excited to reaffirm our commitment to New York and this strategically important location at the center of the global economy. Our new headquarters is more conveniently located, and its space is larger, which we needed to accommodate our ongoing expansion in support of our business diversification and growth. We plan to foster strong community relations and provide high-quality employment opportunities, as we work to achieve our long-term financial  targets."

About Sino-Global Shipping America, Ltd. (NASDAQ: SINO)

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. has been diversifying into the cryptocurrency market, while continuing to support and grow its shipping, chartering, logistics and related services business. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong. Additional information about Sino-Global can be found on the Company's corporate website at www.sino-global.net.

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include SINO's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SINO's operations, the demand for SINO's products and services, global supply chains and economic activity in general. Moreover, the value of cryptocurrencies may fluctuate significantly over time, and the success of the JV and its products are not assured. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2021. SINO's SEC filings are available publicly on the SEC's website at www.sec.gov. SINO disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Cision View original content:https://www.prnewswire.com/news-releases/sino-global-expands-with-new-corporate-hq-301406507.html

SOURCE Sino-Global Shipping America, Ltd.

FAQ

What is the new headquarters address for Sino-Global Shipping America, Ltd.?

The new headquarters address is 98 Cutter Mill Road, Suite 322, Great Neck, New York 11021.

What is the significance of Sino-Global's new headquarters?

The new headquarters is larger and more conveniently located, supporting the company's expansion and diversification.

What industries is Sino-Global involved in?

Sino-Global operates in shipping, chartering, logistics, and is diversifying into the cryptocurrency market.

What risks did Sino-Global mention in their press release?

Sino-Global mentioned uncertainties related to the impact of COVID-19 and fluctuations in cryptocurrency values.

When was Sino-Global Shipping America, Ltd. founded?

Sino-Global was founded in 2001 in the United States.

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