There used to be an elephant-like island in the western waters of Xiamen — Elephant Island. Since Xiamen became the first four major 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, was built. The founder of the company, Mr. Cheng Youguo, then led a core team of more than 10 people to begin the entrepreneurial process at Xiangyu Wharf. The “Xiangxing” company, which means “thriving because of Xiangyu Island,” was also born. In order to enhance corporate competitiveness and further standardize business operations, Xiangxing International Holdings Limited (hereinafter referred to as “Xiangxing International” or the “Company”) was registered and established in the Cayman Islands in September 2015. Currently, Xiangxing International wholly owns or controls Xiamen Xiangxing International Logistics Service Co., Ltd. (specializing in logistics services), Xiamen Xiangxing Wharf Service Co., Ltd. (specializing in port services), Xiamen Xiangxing Auto 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, Xiangxing International was successfully listed on the Hong Kong Stock Exchange. Currently, the company's business scope covers Xiamen Port, Quanzhou Port and its economic hinterland, and is a leading import and export agency, land transportation and terminal service enterprise in southern Fujian. The company's net assets are about 0.2 billion yuan, and the total number of employees is nearly 1,000. With the business philosophy of “based on honesty 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 reputable” enterprise many times. Honor represents the past, and the future requires step by step. Xiangxing people will continue to uphold the spirit of pragmatism, honesty and responsibility, and continue to create more brilliant results.