Nasdaq-listed microcap company Sino-Global Shipping began a turnaround effort in early 2013 under the gun, after the sudden loss of a key customer, Shourong Forwarding, the ore logistics arm of China’s state-owned Capital Steel (Shougang).
Following that crisis, Sino-Global is now reporting modestly positive figures and is trying to leverage its stock-listing to win strategic partners in China who can move it beyond the port agency segment.
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