CN Logistics International Holdings Limited announced the Group has signed a memorandum of understanding with two duty-free groups in Hainan province, namely the Hainan Tourism Duty Free Co., Ltd. and Hainan Development Holding Co., Ltd. to jointly recruit merchants for their respective duty-free shops, as well as attract international premium brand-owners to enter, and provide one-stop logistics solutions with the aim of grasping the booming possibilities arised from the development of Hainan Free Trade Port. In addition, the first China International Consumer Products Expo will be held in Haikou in May this year. The Group has been awarded as the exclusive logistics services provider in Hall 4 of the Expo, providing logistics services for over 40 high-end consumer brands and cosmetics brands from Japan, South Korea, Australia, Indonesia and Malaysia. The preparations are now in full swing. The Group has been communicating with the brand owners on specific details with an aim to establish a close relationship with brand owners for their landing in Hainan duty-free shops in the future.