| TOP-THREE-CUSTOMERS |
TOP-THREE-CUSTOMERS |
92%
|
Our top three customers accounted for 20.8%, 15.2% and 39.1% of revenues for the year ended December 31, 2025, 2024 and 2023, respectively |
| CHINA-POST-EXPRESS-LOGISTICS-CO-LTD |
CHINA-POST-EXPRESS-LOGISTICS-CO-LTD |
85%
|
nies, supermarkets and manufacturers in the PRC, such as China Post Express Logistics Co., Ltd. Heilongjiang Provincial Logistics Branch, Lala (Tianjin) Automotive Technology Co., Ltd., Ningbo Beilun… |
| NINGBO-BEILUN-HAIFENG-CONTAINER-CO-LTD-CHINA-POS |
NINGBO-BEILUN-HAIFENG-CONTAINER-CO-LTD-CHINA-POS |
85%
|
t Express Logistics Co., Ltd. Heilongjiang Provincial Logistics Branch, Lala (Tianjin) Automotive Technology Co., Ltd., Ningbo Beilun Haifeng Container Co., Ltd.., China Post Group Co., Ltd. Mudanjia… |
| NINGBO-DAJIA-INTERNATIONAL-LOGISTICS-CO-LTD |
NINGBO-DAJIA-INTERNATIONAL-LOGISTICS-CO-LTD |
85%
|
t Express Logistics Co., Ltd. Heilongjiang Provincial Logistics Branch, Lala (Tianjin) Automotive Technology Co., Ltd., Ningbo Beilun Haifeng Container Co., Ltd.., China Post Group Co., Ltd. Mudanjia… |
| TOP-FIVE-CUSTOMERS |
TOP-FIVE-CUSTOMERS |
85%
|
revenues from our top three customers may fluctuate from time to time based on the commencement and completion of projects, the timing of which may be affected by market conditions or other factors, … |
| TIANJIN-AUTOMOTIVE-TECHNOLOGY-CO-LTD |
TIANJIN-AUTOMOTIVE-TECHNOLOGY-CO-LTD |
75%
|
t Express Logistics Co., Ltd. Heilongjiang Provincial Logistics Branch, Lala (Tianjin) Automotive Technology Co., Ltd., Ningbo Beilun Haifeng Container Co., Ltd.., China Post Group Co., Ltd. Mudanjia… |