Huanshi Logistics Group was established in July 2006 1, and its headquarters is located in Yangpu District, Shanghai. It owns five wholly-owned subsidiaries: Shanghai Huanshi MRT Logistics Co., Ltd., Shanghai Saifu Chuangsi Chemical Logistics Co., Ltd., Shanghai Yanping Logistics Co., Ltd., Shanghai Ousai Logistics Co., Ltd. and Zhiyuan Shipping Co., Ltd. The company is headquartered in Shanghai, and is located in Beijing, Tianjin, Shenzhen, Xiamen, Fuzhou, Ningbo, Hong Kong, Yiwu, Nanjing, Qingdao, Guangzhou, Lianyungang, Dongguan, Wuhan, Taiwan Province Province and Foshan. After years of rapid development, Huanshi Logistics Group has established an agent and service network covering China and major economic regions in the world. It is an integrated logistics service provider with its own bulk cargo fleet, tank container equipment, fleet, freight terminal and warehouse as carriers, integrating sea, land and air freight, warehousing and terminal services, shipping agents and freight forwarding services, chemical logistics and engineering logistics. In 2008 and 2009, Huanshi Logistics Group was rated as "Top International Freight Forwarding Logistics Enterprises in China 100" and "AAA Credit Rating of Freight Forwarding Logistics Enterprises in China" by CIFA for two consecutive years. By the end of 2009, the company had 823 professionals with an annual turnover of 2.9 billion yuan. Huanshi Logistics Group is currently a non-vessel operating carrier (MOC-NOV CC NO: 01KLOC-0/43) approved by the Ministry of Communications, a first-class freight sales agent of international air transport (NOHD30574), ITCO, CIFA of china international freight forwarders association, CFLP, director of China Federation of Logistics and Purchasing, and IATA, member of International Air Transport Association. FMC, member of American Maritime Federal Committee, TIACA, member of International Air Transport Association, FIATA, CGLN(WCA), ATA, member of Asian Tank Alliance, SLA, member of Shanghai Logistics Association.