Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 67

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 67
---
 our logistics services on a modularized or one-off basis, i. e., they can request for any segment of our
logistics services within the integrated cross-border logistics solution on a stand-alone basis.

As part of our integrated
cross-border logistics services, we also provide related logistics services, which include the provision of supporting transportation
for freight forwarding purpose, storage of consignment, labelling of consignments, other related logistic services for freight forwarding
purpose, freight management services via our proprietary all-in-one shipping solution, and delivery at destination.

We engage (i) air
freight carriers for the provision of cargo spaces, (ii) supporting ground transportation companies for the ground transportation services
in Australia and New Zealand, (iii) customs clearance companies in Australia and New Zealand for the preparation of freight documentation
and arrangement for customs clearance, and (iv) local delivery service providers for dispatching and distributing our customers’
goods to their designated destination in Australia and New Zealand.

  38  

  Table of Contents  

Our integrated cross-border
logistics services, together with our proprietary all-in-one shipping solution, enable us to provide efficient and customer-oriented
services. This has resulted in our customers continuously engaging us for one-stop air freight forwarding services and comprehensive
logistic services, allowing us to gradually build our customer base.

Air Freight Forwarding Services

In additional to our
integrated cross-border logistics services, we also offer air freight forwarding services to customers as segregated and modularized
logistics services to utilize the cargo spaces we have and widen our revenue stream.

Business Operation Flow

Set out below is a
flow chart summarizing the usual workflow of our integrated cross-border logistics services business.

  Booking Instructions                  Parcel Drop-Off at Our Warehouse         Parcel Consolidation and Export Customs  
                                                                                 Clearance at Warehouse                   
  Business Customers                    Business Customers                       Internal Staff                           
  On-Carriage to Final Destination      Import Customs Clearance and Parcel      Air Freight Forwarding                   
                                        Deconsolidation at Warehouse                                                      
  Ground Transportation                 Customs Clearance                        Air Freight                              
  Service Providers                                                                                                       
                                                                                                                          
                                                                                                                          
                                        Companies                                Carriers                                 
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Destination                                                                                                             
  Customers                                                                                                               

Customers

Our customers mainly
consist of direct customers, who primarily are businesses that operate e-commerce platforms or e-commerce merchants in Hong Kong.

For the years ended
September 30, 2022, 2023 and