About XIANGXING INT Company

There used to be an elephant-like island in the western waters of Xiamen — Elephant Island. Since Xiamen became one of the first four special economic zones, the beautiful island of Xiamen has become a hot spot for investment and entrepreneurship. In 1997, on the basis of making full use of the geographical advantages of Xiangyu Island, the first foreign-owned container terminal in mainland China at the time, the Xiangyu Wharf, was built. At that time, Mr. Cheng Youguo, the founder of the company, led a core team of more than 10 people to begin the entrepreneurial process at Xiangyu Wharf. The “Xiang Xing” company, which means “thriving from Xiangyu”, was born. In order to enhance the competitiveness of enterprises and further standardize enterprise operations, Xiang Xing International Holdings Limited (hereinafter referred to as “Xiang Xing International” or the “Company”) was registered and established in the Cayman Islands in September 2015. Currently, Xiang Xing International is wholly owned or controlled by Xiamen Xiangxing International Logistics Service Co., Ltd. (specializing in logistics services), Xiamen Xiangxing Terminal Service Co., Ltd. (specializing in port services), Xiamen Xiangxing Automobile Service Co., Ltd. (specializing in heavy vehicle services), and Quanzhou Xiangxing International Logistics Service Co., Ltd. (specializing in integrated logistics and port services in the Quanzhou region). In July 2017, Xiang Xing International successfully listed on the Hong Kong Stock Exchange. Currently, the company's business scope covers Xiamen Port, Quanzhou Port and its economic hinterland. It is a leading import and export agency, land transportation and terminal service enterprise in southern Fujian. The company's net assets are about 200 million yuan, and the total number of employees is close to 1,000. With its business philosophy of “founded on integrity and far-reaching quality”, the company has been widely recognized by the market. The business has continued to grow for many years, and has also been rated as a “contract-abiding and reputation-oriented” enterprise many times. Honor represents the past, and the future needs to be marked step by step. Xiang Xing people will continue to uphold the spirit of pragmatism, honesty and responsibility, and continue to create more brilliant achievements.