Vanquish is a leading logistic services provider in Hong Kong with principal activity as below

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Introduction is a leading logistic services provider in Hong Kong with principal activity as below Hong Kong container Haulage / cargo transportation Terminal Haulage service in Hong Kong and S. China; HK China cross boundary transportation of pre-cast material, oversize / overweight cargo Hong Kong warehousing and cargo distribution; Bonded logistic services at Shenzhen, PRC; International air and sea freight forwarding; and Project shipment and other logistic services For further details or information, please feel free to contact us at the following address : Holdings Limited Unit 7A, 7/F, New Timely Factory Building 497 Castle Peak Road, Lai Chi Kok Kowloon, Hong Kong Email : sherman@vanquish.com.hk / petermui@vanquish.hk 1

Group Structure Holdings Limited Operating Company 100% Assets & Investment holding Sinoleader Corp. Ltd Express Ltd Dev. Inv. Ltd 100% 100% 100% 50% 100% Transp Co Ltd Southern China Ltd China Ltd Heavy Lift Transp Ltd Engineering & Transp Ltd 50% 50% 55% 50% 85% HK Synthetic Co., Ltd. Shenzhen SILC Logistics Co., Ltd. Shenzhen Zhong Tei Da Co., Ltd. Ascent Up Motors Ltd. HK Logistics Ltd 50% 45% Shenzhen South China Int l Logistics Co., Ltd. Shenzhen Zhong Tei Da Freight & Storage Ltd. 2

Container Haulage and Cargo Transportation now owns and operates a sizable fleet ofcontainer tractors and cargo lorries providing reliable and efficient local container trucking / cargo transportation services in Hong Kong, South China. Other than general cargo, the group also provide service for haulage of active refrigerated container / container loaded with dangerous cargo ( Cat. 2 & 5). Besides, the group is one of the key service providers in Hong Kong and PRC container terminal providing terminal haulage service. Equipment with necessary equipment and operating expreiance for the transportation of pre-cast material / heavy lift cargo. Details of our truck fleet as below : Type Tractor LCL Truck Cross boundary / HK Local 50 10 HK Terminal Haulage 80 N/A PRC Terminal Haulage 50 N/A 3

Warehousing and distribution Strategically located at Yuen Long, s warehouse is proximate to the main highway network connecting the Lok Ma Chau cross point (the busiest cross boundary checkpoint in Hong Kong which handled over 75% of road freight volume between Hong Kong and China) and the container port and airport facilities in Hong Kong. Following is the summary of s Yuen Long warehouse facilities : Size : Equipment : Facilities : Location : Operation : 10,000 sq ft 3 units of 2.5 tones forklift truck 1 units of 7.0 tones forklift truck 8 loading bays CCTV system / Infra Red Security System 10 KM to Lok Ma Chau cross border point 18 KM to Kwai Chung container port, Hong Kong 30 KM to Hong Kong International Airport 24 hours basis 4

Bonded Logistic Services in Shenzhen, PRC provides comprehensive bonded logistics serives through a subsidiary company, Shenzhen SILC Logistics Co., Ltd. The company is now operating 8 warehouse compartments at Shenzhen South China International logistics centre with total size of around 350,000 sq ft and its clients include reputable corporations in Hong Kong and overseas such as Japan Home City, DKSH and ect. Services provided are : - buyer consolidation - CFS handling - logistics value added service such as packing, barcoding and etc - storage warehouse for Hong Kong retailer 5

Logistics value added service provides other logistics value added service such as packing of gift set, FSDU (floor standing display unit) at its Yuen Long warehouse and Shenzhen SILC warehouse. Customers of our logistics value added services include global brands such as Elemis, Tesco, Carte Blanche Greeting and etc. Other than packing, also provide logistics value added services such as cargo inspection, barcoding 6

Project Cargo and transportation of precast material has good experience and equipment for handling overweight and / or oversize cargo such as precast building facade, large machinery, yacth, or relocation of factory plant. Basing on operation characteristics of each project, will tailor-made a safe and efficient solution to customer in a cost effective manner. To cope with expansion strategy, the Group has established a new company, viz Engineering and Transporation Ltd. for the handling of precast material (facade) transporation and project cargo. 7

Project Cargo and transportation of precast material (Con t) made substantial investment 2016 / 2017 on special purpose equipment including lower flat bed trailer, mobile lifting crane, gantry crane and etc to meet with the operation requirement of oversize and overweight cargo. 4 units lorry crane with lifting capacity from 45 tons to 80 tons 3 units of 4 axles 24 ton truck with lower platform 27 units of 3 axles 44 tons tractors Over 30 units low bed goose neck trailer Summary of special purpose equipment : Type Qty Lorry Crane ( 45 Ton to 80 Ton) 4 3 axles 44 Ton tractor (Hong Kong only) 20 3 axles 44 Ton tractor (cross boundary) 7 4 axles 24 Ton truck (with lower platform) 3 Low flat bed goose neck trailer > 30 8

Commercial Vehicle dealership / repair workshop Ascent Up Motors Limited, a subsidiary of Group, has been appointed by Swire Motors in late 2014 as its dealer for commercial vehicle of Volvo / UD / Fiat Profieesional. Authorized by Volvo Truck, Ascent Up has further established a workshop in Tsing Yi for the provision of professional repair and maintenance service to Volvo / UD trucks 9

Strategic Locations of s Facilities Legend : Major Container Port Hong Kong Int l Airports Major Expressway Location of s Facilities Map of China Guangzhou Heyuan Foshan Huangpu Nanhai Panyu Shunde Dongguan Huizhou Shanwei Zhaoqing Jiangmen Xinhui Zhongshan Nansha Zhuhai MACAU Da Chan Shenzhen Chiwan Shekou HONG KONG HK Int l Airport Kwai Chung Container Port Yantian Shenzhen Special Economic Zone Cargo Catchmment Areas and Port Facilities in Pearl River Delta, South China s head office at Lai Chi Kok close to Kwai Chung Container Port s Precast Building Material storage site / parking lot at Yick Yuen, Hung Shui Kiu s Hong Kong warehouse at Yuen Long s Bonded Logistics Facilities at SILC s Da Chan Bay Terminal Office 10