Singularity Future Technology Ltd.

Singularity Future Technology Ltd. is a global logistics integrated solution provider founded in the United States in 2001. The company changed its name on January 3, 2022, to reflect its expansion into digital assets. Currently, Singularity Future Technology primarily focuses on providing freight logistics services, including shipping, warehouse services, and other logistical support, mainly to steel companies. In 2017, the company began exploring new business opportunities. In fiscal year 2022, while continuing its traditional freight logistics business, Singularity Future Technology expanded its services to include warehousing services provided by its U.S. subsidiary, Brilliant Warehouse Service Inc. The company's freight logistics services, including warehouse services, are operated by its subsidiaries Trans Pacific Shipping Limited in China, and Gorgeous Trading Ltd. and Brilliant Warehouse Service Inc. in the United States. These services encompass transportation, warehousing, collection, last-mile delivery, drop shipping, customs clearance, and overseas transit delivery. As a holding company, Singularity Future Technology conducts substantially all its operations through subsidiaries established in the United States, the People's Republic of China (PRC or China), and Hong Kong. Investors in common stock hold equity interests solely in Singularity, the Virginia holding company, and not directly in the PRC operating entities.