Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 66

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 66
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 integrated cross-border logistics services, which include air freight forwarding services offered
as an integral part thereof; and (ii) air freight forwarding services, offered as a modularized logistics service segmented from our
integrated cross-border logistics services.

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  Table of Contents  

Our logistics network
covers Hong Kong and four cities in Australia, namely Sydney, Melbourne, Brisbane, and Perth, as well as New Zealand.

The chart below shows
the coverage of our logistics network.

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  Table of Contents  

Integrated Cross-Border Logistics
Services

Our integrated cross-border
logistics services is our dominant business segment, which involve order processing, parcel consolidation, cross-border transportation
(primarily by way of air freight), and air freight forwarding, followed by ground transportation and delivery at destination cities,
together with other value-added services. While traditional logistics services providers typically provide fragmented logistics services
and require customers to coordinate with various service providers, we, as an integrated cross-border logistics services provider, carry
out the coordination with different players in the logistics value chain, including warehousing, customs clearance, and air freight or
ground transportation services. This has effectively reduced the lead time and hassle and greatly improved the efficiency in fulfilling
service orders.

As an integral part
of our integrated cross-border logistic services, we have also developed our own proprietary all-in-one shipping solution, which was
modified by us internally on a shipping software purchased by us in 2019. Our proprietary all-in-one shipping solution has been or can
be connected to the internal sales or booking systems of customers, as well as the carrier management systems of the ground transportation
carriers, to facilitate effective logistics management, the details of which are explained. Our services are provided primarily on a
contract logistics basis, under which we provide our enterprise customers with customized integrated logistics services covering the
entire delivery process. Our services start by enterprise customers making booking instructions in their own internal sales or booking
systems, which integrate into our own proprietary all-in-one shipping solution. Upon receipt of booking instructions, our services start
and cover from order origination to the final point of sale or delivery without further efforts or coordination from customers. This
service is a customized one so as to fit a customer’s own business model, representing a seamless combination of order processing,
parcel consolidation, transportation, and delivery.

For customers engaging
our services with agreed price quotations, we can provide one-off or on-demand integrated cross-border logistics services. Alternatively,
customers can also request for