CGL Logistics Holdings ^{Filed Terms, Nasdaq: CGL}

We are a freight forwarding company founded in Hong Kong with over 20 years of history and, through our Operating Subsidiaries, we are principally engaged in providing freight forwarding services. Our Group’s history began approximately in 1999 when CGL, our primary Operating Subsidiary in Hong Kong, was founded by Mr. Byron Lee, our Chairman, Executive Director and Chief Executive Officer, and his spouse, Ms. Cheng. CGL commenced its freight forwarding business with a focus on providing international sea freight services between China and European countries. In November 2004, Flying Fish (SH), our second Operating Subsidiary, was formed under the laws of the PRC and established our first PRC office in Shanghai to provide international freight forwarding services primarily in Shanghai and Jiangsu province. Between November 2005 and June 2021, Flying Fish (SH) established six more branches in the PRC to provide international freight forwarding services to and among other cities and areas, including Shanghai, Guangdong province, Fujian province, Zhejiang province, Shandong province, and in June 2021, its branch in Beijing, which has been opened but as of the date of this prospectus is not yet conducting business. An additional branch is further planned for establishment in Jiangmen.