Business
Sino-Global Announces New Executive Leadership to Drive Bitcoin Mining Operations Expansion
ROSLYN, N.Y., Feb. 3, 2021 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global", the "Company" or "we"), a non-asset based global
About this update from Singularity Future Technology Ltd.
[{"type":"text","content":"ROSLYN, N.Y., Feb. 3, 2021 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (\"Sino-Global\", the \"Company\" or \"we\"), a non-asset based global shipping and freight logistical integrated solutions provider, announced today that the newly appointed Chief Operating Officer Mr. Lei Nie and Chief Technology Officer Mr. Xintang You will spearhead the Company's effort to enter Bitcoin mining. \nAs Sino-Global evaluates its strategy for 2021 and beyond, the planned Bitcoin mining expansion follows a series of steps in preparation. The plan utilizes leadership team members who specialize in information technology, Blockchain, cryptocurrency mining operations and more. Given the Company's plan to enhance the traditional logistics service platform through leveraging innovative technologies, the Company is excited to explore opportunities created by current market conditions and enter the cryptocurrency sector. \n\"We are thrilled to expand to Bitcoin mining,\" commented Mr. Lei Cao, Chief Executive Officer of Sino-Global. \"The management team is ready to take our business to the next level by executing this expansion strategy. We believe that Sino-Global is well-positioned to continue growing its core business while expanding to Bitcoin mining operations.\" \nAbout Sino-Global Shipping America, Ltd.\nFounded in the United States in 2001, Sino-Global Shipping America, Ltd. is a company engaged in shipping, chartering, logistics and related services. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong. The Company's current service offerings consist of shipping agency services, shipping and chartering services, inland transportation management services and ship management services. Additional information about Sino-Global can be found on the Company's corporate website at www.sino-global.net. The Company routinely posts important information on its website.\nForward-Looking Statements\nCertain 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 p...