Sino-Global Shipping America (SINO)

[value1008]

River, the only agreement i'm aware of that has been given a specific time span would be the 5-year contract for the "global logistic service agreement" with Tianjin Zhiyuan Investment Group, that the SEC filings mention was signed in June 2013, so that will come up for renewal next May-June. Note that Zhiyuan is a "related party," the CEO Zhong Zhang is SINO's biggest shareholder with 1.8M shares, so he has a vested interest in seeing SINO do well.

Note that in various filings, Zhiyuan or a Zhiyuan subsidiary are mentioned as also involved with various business agreements with SINO for SINO's services.

The conclusion i draw is that SINO is a "go to" problem solver for Zhiyuan and that's why Mr. Zhang's businesses do business with them and is personally invested in SINO for those 1.8M shares.