Jie Shen

Air China Cargo Co., Ltd. engages in the provision of aviation logistics services. It operates through the following business segments: Air Cargo Services, Air Cargo Terminal Services, and Integrated Logistics Solutions. The Air Cargo Services segment provides downstream customers with "port-to-port" air transport services. The Air Cargo Terminal Services segment is involved in the airport-side ground-air connection and traditional air-ground agency business. The Integrated Logistics Solutions segment provides value-added services other than air cargo business. The company was founded on November 14, 2003 and is headquartered in Beijing, China.

China National Aviation Capital Holding Co., Ltd. engages in the provision of investment services. Its business scope includes project investment, investment management, investment consulting, asset management, corporate management, and consulting services related to asset management and corporate management; charter service; aircraft leasing; sales of aviation equipment; and development and sales of computer hardware and software. The company was founded on May 13, 1991 and is headquartered in Beijing, China.