Sino-Global Shipping America, Ltd. announced the signing of a Strategic Cooperation Agreement with China Ocean Shipping Agency Qingdao Co., Ltd. in which COSCO Qingdao will utilize the company's full-service logistics platform to arrange for the transport of its container shipments into US ports. The agreement with COSCO Qingdao is a continuation of the company's ongoing partnership with China Ocean Shipping Company and will expand the company's presence in the Shandong province as well as in other regions such as Ningbo, Xiamen and Guangzhou through COSCO Qingdao's relationship with local subsidiaries in the area. Pursuant to the Agreement with COSCO Qingdao, and similar to that of the company's previously announced inland transportation agreement with COSFRE Beijing, Sino-Global will receive a percentage of the total amount of each transportation fee in exchange for the arrangement of inland transportation services for COSCO Qingdao's container shipments into US ports. The company continues to work to expand its business to provide logistics services to customers who ship goods into the US. COSCO Qingdao will receive a percentage of the company's profits for any additional customers the Company obtained through referral business.