Logistics Technologies Limited
...r eSupply Chain Management and eLogistics solutions. * HAN Consulting (China) Limited Consultancy Management Services: To provide professional consultancy services in Business Process Re-engineering (BPR), Enterprise Resources Planning (ERP), Customer Relationship Management (CRM), eSupply Chain Management (eSCM) and eLogistics Management. * Asia Logistics (Tianjin) Limited Asia Logistics (Tianjin) Limited, is the first integrated fourth party logistics services provider in China, offering door-to-door network logistics services to customers. Asia Logistics (Tianjin) Limited provides one-stop integrated services, including logistics management consulting, warehousing, transportation, packaging, information, goods tracking system and professional training, etc. via the intranet linked to its operations network of 150 branch offices and Alliance Partners in 87 major cities across the country. To raise the competitiveness and quality of its services to customers, the Company is currently applying for ISO9002 quality system certification. * New World CyberBase Limited ALT purchased 18.1% interest of New World CyberBase Limited ("NWCB") in 2001. Listed on the Stock Exchange of Hong Kong Limited (stock code: 276), NWCB is a technology company that provides total e-Business solutions to Greater China. The corporate mission of the Company is founded on the provision of e-Business solutions that include: Software Products, Applications Solutions, Network Solutions and IT Services. Overall Strategy ƒÜ Combination of consultation services & IT solutions ƒÜ Combination of advantages of Eastern & Western management cultures ƒÜ Combination of Eastern business practices & Western management excellence ƒÜ Combination of domain knowledge & e-business Know-How ƒÜ Combination of customer knowledge & business partner expertise ƒÜ Combination of good services & strategic investments Performance over the past two year For the 24 months ended 30 June 04, the group recorded a turnover of approximately HKUS3.1million against approximately US18.5 million for the corresponding period tin the previous year, representing a decrease of 83.1%. the decrease in turnover was mainly due to the deemed disposal of major subsidiaries of the group in May 2002 and under performance of the group¡¦s growing logistics services business as a result of the outbreak of the severe acute respiratory syndrome(SARS) during the reporting period. Loss attributable to shareholders amounted to approximately US35.8million against last year¡¦s net loss of approximatelyUS41.2 million. The loss has been narrowed down as a result of the group¡¦s continuous control of its operation costs. Business review In the fist half of 2004, the group, as a fourth party logistics solutions and services provider, continued its focus on the development of its integrated 4PL solutions to further strengthen its competitive edge in the logistics services market in China. The group through its key operation arm, Asia logistics (Tianjin) Ltd, offers a wide range of logistics value-added services and solutions with its established nationwide network in China. Its solutions provide customers with timely, economical and reliable one-stop, door-to-door integrated logistics services, which include logistics management consulting, warehousing, transportation, packaging, good tracking systems and professional training. In line with its strategy to reinforce its 4PL solutions and services, the group has strengthened its truck-line network in China. With the expansion of its distribution service stations in its cross-province truck-line network, customers are presented with more comprehensive delivery channels and networks. The group continued to enhance its core solutions and services as ell as its value-added services to customers with greater focus on regional logistics projects. Through the cooperation with Haikou Harbor Group Co., a national integrated corporation in Hainan province, the group assisted the company with the provision of total logistics services and the establishment of a total logistics network for Haikou Harbor. Given this logistics network, the Freshness Highway campaign, a pilot logistics project, was launched in cooperation with the Hainan provincial government. The project introduces high-end logistics technology to the agricultural industry in Hainan province, to enhance the competitiveness of its quality agricultural products nationwide and to accelerate the logistics activities of the province¡¦s agricultural products. Business activities, including logistics business in China, have returned to normal after th...