Financial Statements:

The issuer – TOKUEI business consulting Ltd. is publishing the Financial Statements of the company Tokuei International Logistics Ltd. (the “TOKEUI”) for the business year 2019.

Business Outlook:

In 2020, when the COVID-19 is raging, the entire freight market will be relatively difficult. In the first half of the year, due to the suspension of air services in various parts of the world, the air cargo space was very tight. Under the state of priority of epidemic prevention materials, the normal shipment of general cargo was relatively affected. After entering the second half of the year, the tightness of shipping space has become more and more severe, leading to a general increase in global shipping prices. For the world's trade logistics, the cost has been further increased and the recovery process has been slow.

In the face of all these difficulties, TOKUEI will make better use of its operational efficiency, present more cost-effective freight rates and efficient logistics services to customers. We believe TOKEUI can maintain the growth momentum and let the company develop well in 2020.