**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-Q**

| **x** | **QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|-------|------------------------------------------------------------------------------------------------------------------------------------------|

**For      the quarterly period ended September 30, 2008**

| **o** | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------|

**For      the transition period from ______to______.**

**WINLAND      ONLINE SHIPPING HOLDINGS CORPORATION**

** (Exact      name of registrant as specified in Charter)**

| **TEXAS**                                                                                           |   | **333-142908**                           |   |  **20-5933927**                                                |
|-----------------------------------------------------------------------------------------------------|--------|------------------------------------------|--------|---------------------------------------------------------------------|
| **(State                or other jurisdiction of****incorporation                or organization)** |   | **(Commission                File No.)** |   | **(IRS                Employee Identification                No.)** |

**305      Zhongshan Road, Shahekou District, Dalian, The People’s Republic of China      116021**

** (Address      of Principal Executive Offices)**

**_______________**

**86-411-39660000**

** (Issuer      Telephone number)**

**_______________**

**TRIP      TECH, INC.**

**12841      Jones Road, Suite 208, Houston, Texas**
**77070      Telephone:  (614) 306-2938**

** (Former      Name or Former Address if Changed Since Last Report)**

| Large                Accelerated Filer o | Accelerated                Filer o | Non-Accelerated                Filer o | Smaller                Reporting Company x |
|------------------------------------------|------------------------------------|----------------------------------------|--------------------------------------------|

----

**TABLE      OF CONTENTS**

| PART                  I FINANCIAL INFORMATION | i                         |
|-----------------------------------------------|---------------------------|
|                                          |                      |   |   |
|                                          | ITEM                  1.  | FINANCIAL                  STATEMENTS | F-i                  - F-29 |
|                                          |                      |   |   |
|                                          | ITEM                  2.  | MANAGEMENT’S                  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF                  OPERATIONS | 2 |
|                                          |                      |   |   |
|                                          | ITEM                  3.  | QUANTITATIVE                  AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 14 |
|                                          |                      |   |   |
|                                          | ITEM                  4T. | CONTROLS                  AND PROCEDURES | 14 |
|                                          |                      |
| PART                  II OTHER INFORMATION    | 15                        |
|                                          |                      |   |   |
|                                          | ITEM                  1.  | LEGAL                  PROCEEDINGS | 15 |
|                                          |                      |   |   |
|                                          | ITEM                  1A. | RISK                  FACTORS | 15 |
|                                          |                      |   |   |
|                                          | ITEM                  2.  | UNREGISTERED                  SALES OF EQUITY SECURITIES AND USE OF PROCEEDS | 15 |
|                                          |                      |   |   |
|                                          | ITEM                  3.  | DEFAULTS                  UPON SENIOR SECURITIES | 15 |
|                                          |                      |   |   |
|                                          | ITEM                  4.  | SUBMISSION                  OF MATTERS TO A VOTE OF SECURITYHOLDERS | 15 |
|                                          |                      |   |   |
|                                          | ITEM                  5.  | OTHER                  INFORMATION | 15 |
|                                          |                      |   |   |
|                                          | ITEM                  6.  | EXHIBITS | 16 |
|                                          |                      |
| SIGNATURES                                    | 20                        |
|                                          |                      |
| EXHIBIT                  31.1                 |                      |
|                                          |                      |
| EXHIBIT                  31.2                 |                      |
|                                          |                      |
| EXHIBIT                  32.1                 |                      |
|                                          |                      |
| EXHIBIT                  32.2                 |                      |

----

**PART      I**

**FINANCIAL      INFORMATION**

**ITEM      1. FINANCIAL STATEMENTS**

**WINLAND      ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY      KNOWN TRIP TECH, INC.)**

**AND**

**SUBSIDIARIES**

**TABLE      OF CONTENTS**

|                                                                                                                                                                                                                    | **Page**                    |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------|
|                                                                                                                                                                                                                    |                        |
| CONDENSED                BALANCE SHEET AS OF SEPTEMBER 30, 2008 (CONSOLIDATED                AND UNAUDITED) AND DECEMBER 31, 2007 (COMBINED)                                                                            | F-1                - F-2    |
|                                                                                                                                                                                                                    |                        |
| UNAUDITED                CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME FOR THE THREE                AND                NINE MONTHS ENDED SEPTEMBER 30, 2008 (CONSOLIDATED)                AND 2007 (COMBINED) | F                -3 - F-4   |
|                                                                                                                                                                                                                    |                        |
| UNAUDITED                CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY FOR                THE NINE MONTHS ENDED SEPTEMBER 30, 2008                                                         | F                -5         |
|                                                                                                                                                                                                                    |                        |
| UNAUDITED                CONDENSED STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER                30,                2008 (CONSOLIDATED) AND 2007 (COMBINED)                                               | F-                6 - F-7   |
|                                                                                                                                                                                                                    |                        |
| NOTES                TO UNADUITED CONDENSED FINANCIAL STATEMENTS FOR THE THREE AND NINE                MONTHS                ENDED SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007                (COMBINED)                 | F                -8 - F- 29 |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES**

**CONDENSED        BALANCE SHEETS**

**ASSETS**

|                                                      |   | **September                30, 2008** |       | **December                31, 2007** |   |
|-----------------------------------------------------------|--------|---------------------------------------|------------|--------------------------------------|--------|
|                                                      |   | **(Consolidated)**                    |       | **(Combined)**                       |   |
|                                                      |   | **(Unaudited)**                       |       |                                 |   |
| **CURRENT                ASSETS**                         |   |                                  |       |                                 |   |   |   |
| Cash                and cash equivalents                  |   | $                                     | 5,556,743  |                                 | $      | 2,673,258 |   |
| Accounts                receivable                        |   |                                  | 3,148,406  |                                 |   | 2,642,277 |   |
| Inventories                                               |   |                                  | 2,143,238  |                                 |   | 1,628,972 |   |
| Prepayments                                               |   |                                  | 1,004,840  |                                 |   | 3,651,129 |   |
| Other                receivables and other current assets |   |                                  | 2,082,321  |                                 |   | 1,776,272 |   |
| Deferred                tax assets                        |   |                                  | -          |                                 |   | 96,151 |   |
| Due                from related parties                   |   |                                  | 3,744,071  |                                 |   | 41,113,181 |   |
| Total                current assets                       |   |                                  | 17,679,619 |                                 |   | 53,581,240 |   |
|                                                      |   |                                  |       |                                 |   |   |   |
| Vessels,                net                               |   |                                  | 27,220,870 |                                 |   | 29,586,329 |   |
| Fixed                assets, net                          |   |                                  | 261,845    |                                 |   | 227,913 |   |
| Deferred                dry dock fees, net                |   |                                  | 8,380,219  |                                 |   | 9,937,910 |   |
| Deposit                                                   |   |                                  | -          |                                 |   | 943,151 |   |
| Deferred                tax assets                        |   |                                  | -          |                                 |   | 4,065 |   |
| Other                intangible assets                    |   |                                  | 3,647      |                                 |   | 3,418 |   |
| Total                long-term assets                     |   |                                  | 35,866,581 |                                 |   | 40,702,786 |   |
|                                                      |   |                                  |       |                                 |   |   |   |
| **TOTAL                ASSETS**                           |   | $                                     | 53,546,200 |                                 | $      | 94,284,026 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES**

**CONDENSED        BALANCE SHEETS**

**LIABILITIES        AND SHAREHOLDERS’ EQUITY**

|                                                                                                                                                                                                                                                                    |   | **September                30, 2008** |       | **December                31, 2007** |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------|------------|--------------------------------------|--------|
|                                                                                                                                                                                                                                                                    |   | **(Consolidated)**                    |       | **(Combined)**                       |   |
|                                                                                                                                                                                                                                                                    |   | **(Unaudited)**                       |       |                                 |   |
| **CURRENT                LIABILITIES**                                                                                                                                                                                                                                  |   |                                  |       |                                 |   |
| Short-term                bank loan                                                                                                                                                                                                                                     |   | $                                     | -          |                                 | $      | 1,000,000 |   |
| Current                portion of long-term bank loans                                                                                                                                                                                                                  |   |                                  | 2,811,672  |                                 |   | 2,811,672 |   |
| Current                portion of long-term notes payable                                                                                                                                                                                                               |   |                                  | 364,917    |                                 |   | 632,284 |   |
| Current                portion of capital lease obligations                                                                                                                                                                                                             |   |                                  | 94,117     |                                 |   | 1,441,925 |   |
| Accounts                payable                                                                                                                                                                                                                                         |   |                                  | 4,700,729  |                                 |   | 6,071,664 |   |
| Advance                from customers                                                                                                                                                                                                                                   |   |                                  | 1,777,081  |                                 |   | 3,118,033 |   |
| Accrued                expenses                                                                                                                                                                                                                                         |   |                                  | 1,135,489  |                                 |   | 1,371,527 |   |
| Due                to related parties                                                                                                                                                                                                                                   |   |                                  | 670,461    |                                 |   | 3,981,289 |   |
| Deferred                tax liabilities                                                                                                                                                                                                                                 |   |                                  | 23,636     |                                 |   | - |   |
| Taxes                payable                                                                                                                                                                                                                                            |   |                                  | 105,012    |                                 |   | 146,672 |   |
| Deferred                revenue                                                                                                                                                                                                                                         |   |                                  | 75,302     |                                 |   | 43,369 |   |
| Other                current liabilities                                                                                                                                                                                                                                |   |                                  | 1,872,080  |                                 |   | 1,161,833 |   |
| Dividend                payable                                                                                                                                                                                                                                         |   |                                  | -          |                                 |   | 48,213,871 |   |
| Total                current liabilities                                                                                                                                                                                                                                |   |                                  | 13,630,496 |                                 |   | 69,994,139 |   |
|                                                                                                                                                                                                                                                                    |   |                                  |       |                                 |   |   |   |
| **LONG-TERM                LIABILITIES**                                                                                                                                                                                                                                |   |                                  |       |                                 |   |   |   |
| Long-term                portion of bank loans                                                                                                                                                                                                                          |   |                                  | 6,030,680  |                                 |   | 8,139,434 |   |
| Long-term                portion of notes payable, net of discount of $45,628 and$50,836                at September 30, 2008 and December 31, 2007, respectively                                                                                                       |   |                                  | 4,568,563  |                                 |   | 4,561,400 |   |
| Deferred                tax liabilities                                                                                                                                                                                                                                 |   |                                  | 3,695      |                                 |   | - |   |
| Total                long-term liabilities                                                                                                                                                                                                                              |   |                                  | 10,602,938 |                                 |   | 12,700,834 |   |
|                                                                                                                                                                                                                                                                    |   |                                  |       |                                 |   |   |   |
| **TOTAL                LIABILITIES**                                                                                                                                                                                                                                    |   |                                  | 24,233,434 |                                 |   | 82,694,973 |   |
|                                                                                                                                                                                                                                                                    |   |                                  |       |                                 |   |   |   |
| **SHAREHOLDERS’                EQUITY**                                                                                                                                                                                                                           |   |                                  |       |                                 |   |   |   |
| Common                stock, $0.001 per share; 200,000,000 shares authorized at September                30,                2008; 100,000,000 and 76,925,000 shares outstanding at September                30, 2008                and December 31, 2007, respectively |   |                                  | 100,000    |                                 |   | 76,925 |   |
| Preferred                stock, $0.001 per share; 20,000,000 shares authorized;1,000,000                shares outstanding at September 30, 2008 andDecember                31, 2007, respectively                                                                      |   |                                  | 1,000      |                                 |   | 1,000 |   |
| Additional                paid-in capital                                                                                                                                                                                                                               |   |                                  | 3,351,966  |                                 |   | 3,342,287 |   |
| Accumulated                other comprehensive income                                                                                                                                                                                                                   |   |                                  | 644,106    |                                 |   | 375,338 |   |
| Retained                earnings                                                                                                                                                                                                                                        |   |                                  | 25,215,694 |                                 |   | 7,793,503 |   |
| Total                Shareholders’ Equity                                                                                                                                                                                                                         |   |                                  | 29,312,766 |                                 |   | 11,589,053 |   |
|                                                                                                                                                                                                                                                                    |   |                                  |       |                                 |   |   |   |
| **TOTAL                LIABILITIES AND SHAREHOLDERS’ EQUITY**                                                                                                                                                                                                     |   | $                                     | 53,546,200 |                                 | $      | 94,284,026 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION (FORMERLY TRIP TECH,        INC.)**

**AND        SUBSIDIARIES CONDENSED **

**STATEMENTS        OF INCOME AND COMPREHENSIVE INCOME**

**(UNAUDITED)**

|                                                                     |   | **Three                Months****Ended                September 30,** |       | **Nine                Months****Ended                September 30,** |   |
|--------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|------------|----------------------------------------------------------------------|--------|
|                                                                     |   | **2008**                                                              |       | **2007**                                                             |   | **2008** |   | **2007** |   |
|                                                                     |   | **(Consolidated)**                                                    |       | **(Combined)**                                                       |   | **(Consolidated)** |   | **(Combined)** |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |
| **REVENUES**                                                             |   | $                                                                     | 22,790,122 |                                                                 | $      | 16,629,210 |   | $ | 71,872,448 |   | $ | 52,142,008 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **COSTS                AND EXPENSES**                                    |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| Vessel                expenses                                           |   |                                                                  | 13,092,546 |                                                                 |   | 9,891,697 |   |   | 45,160,292 |   |   | 31,292,116 |   |
| Depreciation                and amortization                             |   |                                                                  | 1,886,899  |                                                                 |   | 1,901,368 |   |   | 5,655,344 |   |   | 5,476,390 |   |
| General                and administrative expenses                       |   |                                                                  | 1,702,528  |                                                                 |   | 433,538 |   |   | 2,492,468 |   |   | 1,270,011 |   |
| **TOTAL                COSTS AND EXPENSES**                              |   |                                                                  | 16,681,973 |                                                                 |   | 12,226,603 |   |   | 53,308,104 |   |   | 38,038,517 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **INCOME                FROM OPERATIONS**                                |   |                                                                  | 6,108,149  |                                                                 |   | 4,402,607 |   |   | 18,564,344 |   |   | 14,103,491 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **OTHER                INCOME (EXPENSES)**                               |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| Interest                expense, net                                     |   |                                                                  | (266,404   | )                                                                    |   | (697,960 | ) |   | (540,129 | ) |   | (1,497,457 | ) |
| Other                (expense) income, net                               |   |                                                                  | (505,367   | )                                                                    |   | 69,623 |   |   | (468,069 | ) |   | 632,769 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **INCOME                FROM CONTINUING OPERATIONS BEFORE INCOME TAXES** |   |                                                                  | 5,336,378  |                                                                 |   | 3,774,270 |   |   | 17,556,146 |   |   | 13,238,803 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **INCOME                TAX EXPENSE**                                    |   |                                                                  | (37,902    | )                                                                    |   | (11,167 | ) |   | (133,955 | ) |   | (39,885 | ) |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **INCOME                FROM CONTINUING OPERATIONS**                     |   |                                                                  | 5,298,476  |                                                                 |   | 3,763,103 |   |   | 17,422,191 |   |   | 13,198,918 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **DISCONTINUED                OPERATIONS**                               |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| Gain                from disposition of discontinued operation           |   |                                                                  | -          |                                                                 |   | - |   |   | - |   |   | 5,059,985 |   |
| Loss                from discontinued operation                          |   |                                                                  | -          |                                                                 |   | - |   |   | - |   |   | (223,636 | ) |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **GAIN                FROM DISCONTINUED OPERATIONS**                     |   |                                                                  | -          |                                                                 |   | - |   |   | - |   |   | 4,836,349 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **NET                INCOME**                                            |   |                                                                  | 5,298,476  |                                                                 |   | 3,763,103 |   |   | 17,422,191 |   |   | 18,035,267 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **OTHER                COMPREHENSIVE INCOME**                            |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| Foreign                currency translation gain                         |   |                                                                  | 89,589     |                                                                 |   | 65,783 |   |   | 268,768 |   |   | 197,349 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **OTHER                COMPREHENSIVE INCOME**                            |   |                                                                  | 89,589     |                                                                 |   | 65,783 |   |   | 268,768 |   |   | 197,349 |   |
|                                                                     |   |                                                                  |       |                                                                 |   |   |   |   |   |   |   |   |   |
| **COMPREHENSIVE                INCOME**                                  |   | $                                                                     | 5,388,065  |                                                                 | $      | 3,828,886 |   | $ | 17,690,959 |   | $ | 18,232,616 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION (FORMERLY TRIP TECH,        INC.)**

**AND        SUBSIDIARIES CONDENSED **

**STATEMENTS        OF INCOME AND COMPREHENSIVE INCOME**

**(UNAUDITED)**

|                                                                                                    |   | **Three                Months****Ended                September 30** |        | **Nine                Months****Ended                September 30** |   |
|---------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------|-------------|---------------------------------------------------------------------|--------|
|                                                                                                    |   | **2008**                                                             |        | **2007**                                                            |   | **2008** |   | **2007** |   |
|                                                                                                    |   | **(Consolidated)**                                                   |        | **(Combined)**                                                      |   | **(Consolidated)** |   | **(Combined)** |   |
| **Weighted                average shares outstanding**                                                  |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **-                Basic**                                                                              |   |                                                                 | 119,465,761 |                                                                |   | 106,925,000 |   |   | 111,135,766 |   |   | 106,925,000 |   |
| **-                Diluted**                                                                            |   |                                                                 | 119,465,761 |                                                                |   | 106,925,000 |   |   | 111,135,766 |   |   | 106,925,000 |   |
|                                                                                                    |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **Income                per share from continuing operations**                                          |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **-                Basic**                                                                              |   | $                                                                    | 0.04        |                                                                | $      | 0.04 |   | $ | 0.16 |   | $ | 0.12 |   |
| **-                Diluted**                                                                            |   | $                                                                    | 0.04        |                                                                | $      | 0.04 |   | $ | 0.16 |   | $ | 0.12 |   |
|                                                                                                    |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **Income                per share from gain from disposition of discontinued                operation** |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **-                Basic**                                                                              |   | $                                                                    | -           |                                                                | $      | - |   | $ | - |   | $ | 0.05 |   |
| **-                Diluted**                                                                            |   | $                                                                    | -           |                                                                | $      | - |   | $ | - |   | $ | 0.05 |   |
|                                                                                                    |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **Income                per share from loss from discontinued operation**                               |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **-                Basic**                                                                              |   | $                                                                    | -           |                                                                | $      | - |   | $ | - |   | $ | 0.00 |   |
| **-                Diluted**                                                                            |   | $                                                                    | -           |                                                                | $      | - |   | $ | - |   | $ | 0.00 |   |
|                                                                                                    |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **Net                income per share**                                                                 |   |                                                                 |        |                                                                |   |   |   |   |   |   |   |   |   |
| **-                Basic**                                                                              |   | $                                                                    | 0.04        |                                                                | $      | 0.04 |   | $ | 0.16 |   | $ | 0.17 |   |
| **-                Diluted**                                                                            |   | $                                                                    | 0.04        |                                                                | $      | 0.04 |   | $ | 0.16 |   | $ | 0.17 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION (FORMERLY TRIP TECH,        INC.)**

**AND        SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’EQUITY**

**FOR        THE NINE MONTHS ENDED SEPTEMBER 30, 2008**

**(UNAUDITED)**

|                                               |   | **Common                  Stock** |        | **Preferred                  Stock** |   |                             |   |                           |      |                                 |   |                                   |   |
|----------------------------------------------------|--------|-----------------------------------|-------------|--------------------------------------|--------|----------------------------------|--------|--------------------------------|-----------|--------------------------------------|--------|----------------------------------------|--------|
|                                               |   |                  **Shares**  |        | **Par                  Value**       |   |                  **Shares** |   | **Par                  Value** |      | **Additional****Paid-in****Capital** |   | **Retained                  Earnings** |   | **Accumulated                  Other****Comprehensive                  Income** |   | **Total** |   |
| **BALANCE                  AT JANUARY 1, 2008**    |   |                              | 76,925,000  |                                 | $      | 76,925                           |   |                           | 1,000,000 |                                 | $      | 1,000                                  |   | $ | 3,342,287 |   | $ | 7,793,503 |   | $ | 375,338 |   | $ | 11,589,053 |   |
|                                               |   |                              |        |                                 |   |                             |   |                           |      |                                 |   |                                   |   |   |   |   |   |   |   |   |   |   |   |  |   |
| Foreign                  currency translation gain |   |                              | -           |                                 |   | -                                |   |                           | -         |                                 |   | -                                      |   |   | - |   |   | - |   |   | 268,768 |   |   | 268,768 |   |
|                                               |   |                              |        |                                 |   |                             |   |                           |      |                                 |   |                                   |   |   |   |   |   |   |   |   |   |   |   |  |   |
| Recapitalization                                   |   |                              | 23,075,000  |                                 |   | 23,075                           |   |                           | -         |                                 |   | -                                      |   |   | 9,679 |   |   | - |   |   | - |   |   | 32,754 |   |
|                                               |   |                              |        |                                 |   |                             |   |                           |      |                                 |   |                                   |   |   |   |   |   |   |   |   |   |   |   |  |   |
| Net                  income                        |   |                              | -           |                                 |   | -                                |   |                           | -         |                                 |   | -                                      |   |   | - |   |   | 17,422,191 |   |   | - |   |   | 17,422,191 |   |
|                                               |   |                              |             |                                 |   |                                  |   |                           |           |                                 |   |                                        |   |   |  |   |   |  |   |   |  |   |   |  |   |
| **BALANCE                  AT SEPTEMBER 30, 2008** |   |                              | 100,000,000 |                                 | $      | 100,000                          |   |                           | 1,000,000 |                                 | $      | 1,000                                  |   | $ | 3,351,966 |   | $ | 25,215,694 |   | $ | 644,106 |   | $ | 29,312,766 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**CONDENSED        STATEMENTS OF CASH FLOWS **

**(UNAUDITED)**

|                                                                                                                      |   | **Nine                Months Ended September 30,** |        |
|---------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------|-------------|
|                                                                                                                      |   | **2008**                                           |        | **2007** |   |
|                                                                                                                      |   | **(Consolidated)**                                 |        | **(Combined)** |   |
|                                                                                                                      |   |                                               |        |   |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                                                                  |   | $                                                  | 17,422,191  |   | $ | 18,035,267 |   |
| Net                income                                                                                                 |   |                                               |        |   |   |   |   |
| Adjustments                to reconcile net income to net cash provided by (used in) operating                activities: |   |                                               |        |   |   |   |   |
| Depreciation                                                                                                              |   |                                               | 2,747,425   |   |   | 3,373,676 |   |
| Amortization                                                                                                              |   |                                               | 2,907,919   |   |   | 2,102,714 |   |
| Discount                on long term notes payable                                                                        |   |                                               | 33,334      |   |   | 65,374 |   |
| Amortization                of capital lease obligations                                                                  |   |                                               | 53,592      |   |   | 259,088 |   |
| Deferred                taxes                                                                                             |   |                                               | 127,547     |   |   | (15,391 | ) |
| Discontinued                operation                                                                                     |   |                                               | -           |   |   | 223,636 |   |
| Gain                on disposal of discontinued operation                                                                 |   |                                               | -           |   |   | (5,059,985 | ) |
|                                                                                                                      |   |                                               |        |   |   |   |   |
| **Changes                in operating assets and liabilities:**                                                           |   |                                               |        |   |   |   |   |
|                                                                                                                      |   |                                               |        |   |   |   |   |
| **(Increase)                Decrease In:**                                                                                |   |                                               |        |   |   |   |   |
| Accounts                receivable                                                                                        |   |                                               | (506,129    | ) |   | (2,676,323 | ) |
| Inventories                                                                                                               |   |                                               | (514,266    | ) |   | 22,486 |   |
| Prepayments                                                                                                               |   |                                               | 2,646,289   |   |   | 590,777 |   |
| Other                receivables and other current assets                                                                 |   |                                               | 635,722     |   |   | (17,312,215 | ) |
| Dry                dock fees                                                                                              |   |                                               | (1,350,228  | ) |   | (5,534,269 | ) |
|                                                                                                                      |   |                                               |        |   |   |   |   |
| **Increase                (Decrease) In:**                                                                                |   |                                               |        |   |   |   |   |
| Accounts                payable                                                                                           |   |                                               | (1,370,934  | ) |   | (3,091,063 | ) |
| Advance                from customers                                                                                     |   |                                               | (1,340,952  | ) |   | 894,021 |   |
| Accrued                expenses                                                                                           |   |                                               | (236,038    | ) |   | (594,229 | ) |
| Taxes                payable                                                                                              |   |                                               | (41,659     | ) |   | 45,437 |   |
| Deferred                revenue                                                                                           |   |                                               | -           |   |   | 6,022 |   |
| Other                current liabilities                                                                                  |   |                                               | 710,733     |   |   | 717,936 |   |
| Net                cash provided by (used in) operating activities                                                        |   |                                               | 21,924,546  |   |   | (7,947,041 | ) |
|                                                                                                                      |   |                                               |        |   |   |   |   |
| **CASH                FLOWS FROM INVESTING ACTIVITIES:**                                                                  |   |                                               |        |   |   |   |   |
| Purchases                of fixed assets                                                                                  |   |                                               | (105,981    | ) |   | (8,561 | ) |
| Discontinued                operation                                                                                     |   |                                               | -           |   |   | 36,294,530 |   |
| Net                cash (used in) provided by investing activities                                                        |   |                                               | (105,981    | ) |   | 36,285,969 |   |
|                                                                                                                      |   |                                               |        |   |   |   |   |
| **CASH                FLOWS FROM FINANCING ACTIVITIES:**                                                             |   |                                               |        |   |   |   |   |
| Repayments                of long-term loans                                                                              |   |                                               | (2,108,754  | ) |   | (15,883,759 | ) |
| Repayment                of short-term loan                                                                               |   |                                               | (1,000,000  | ) |   | - |   |
| Repayments                of long-term notes payable                                                                      |   |                                               | (580,239    | ) |   | (709,964 | ) |
| Repayments                of short-term notes payable                                                                     |   |                                               | -           |   |   | (7,595,037 | ) |
| Repayments                of capital lease obligations                                                                    |   |                                               | (1,401,400  | ) |   | (2,447,450 | ) |
| Proceeds                from related parties                                                                              |   |                                               | 37,370,259  |   |   | 675,159 |   |
| Repayments                to related parties                                                                              |   |                                               | (3,279,382  | ) |   | - |   |
| Payments                of dividends                                                                                      |   |                                               | (48,213,871 | ) |   | - |   |
| Net                cash used in financing activities                                                                      |        |                                               | (19,213,387 | ) |   | (25,961,051 | ) |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**CONDENSED        STATEMENTS OF CASH FLOWS **

**(UNAUDITED)**

|                                                          |   | **Nine                Months Ended September 30,** |      |
|---------------------------------------------------------------|--------|----------------------------------------------------|-----------|
|                                                          |   | **2008**                                           |      | **2007** |   |
|                                                          |   | **(Consolidated)**                                 |      | **(Combined)** |   |
|                                                          |   |                                               |      |   |   |
| **NET                INCREASE IN CASH AND CASH EQUIVALENTS**  |   | 2,605,178                                          |      | 2,377,877 |   |
| Effect                of exchange rate changes on cash        |   |                                               | 278,307   |   |   | 179,146 |   |
| Cash                and cash equivalents at beginning of year |   |                                               | 2,673,258 |   |   | 1,229,743 |   |
|                                                          |   |                                               |      |   |   |   |   |
| **CASH                AND CASH EQUIVALENTS AT END OF PERIOD** |   | $                                                  | 5,556,743 |   | $ | 3,786,766 |   |
|                                                          |   |                                               |      |   |   |   |   |
| **SUPPLEMENTARY                CASH FLOW INFORMATION:**       |   |                                               |      |   |   |   |   |
| Interest                paid                                  |   | $                                                  | 401,175   |   | $ | 869,077 |   |
| Income                taxes paid                              |   | $                                                  | 53,859    |   | $ | 9,912 |   |

| **SUPPLEMENTARY                NON-CASH DISCLOSURES:** |
|--------------------------------------------------------|

| 1. | On                  February 2, 2007, the Company disposed of Beautiful Queen Shipping                  Company                  Limited, a subsidiary of the Company (“B. Queen”). The net cash proceeds                  were $36,294,530 after deducting legal expenses of $705,470. Also                  see Note                  14. The following represents the assets and liabilities at the                  date of                  disposal: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                     |  **February                2, 2007** |   |
|------------------------------------------|-------------------------------------------|--------|
|                                     |                                      |   |   |
| Vessel,                net               |  $                                   |   | 31,234,545 |   |
| Net                asset                 |                                      |   | 31,234,545 |   |
|                                     |                                      |   |   |   |
| Proceeds                from disposition |                                      |   | 37,000,000 |   |
| Less:                Legal expenses      |                                      |   | (705,470 | ) |
| Net                proceeds              |                                      |   | 36,294,530 |   |
|                                          |                                      |   |    |   |
| Gain                from disposition     | $                                         |        | 5,059,985 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **1.** | **ORGANIZATION                  AND PRINCIPAL                  ACTIVITIES** |
|--------|-----------------------------------------------------------------------------|

| **2** | **BASIS                OF PRESENTATION** |
|-------|------------------------------------------|

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **3.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING                POLICIES** |
|--------|------------------------------------------------------------------------------|

|  | (a) | Principles                of Consolidation and Combination |
|--|-----|------------------------------------------------------------|

|  | a) | SGL                  is incorporated under the law of British Virgin Islands (“BVI”). |
|--|----|---------------------------------------------------------------------------------------------------|

|  | b) | Plentimillion                  Group Limited (“PGL”) is a wholly-owned subsidiary of SGL and incorporated                  in BVI. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------|

|  | c) | Best                  Summit Enterprise Limited (“BSL”) is a wholly-owned subsidiary of SGL and                  incorporated in BVI. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------|

|  | d) | Hong                  Kong Wallis Development Limited (“Wallis”) is registered in Hong Kong and                  is a wholly-owned subsidiary of                  BSL. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | e) | Beijing                  Huate Xingye Technology Limited (“Huate”) is registered in the People’s                  Republic of China (“PRC”) on March 18, 2008 and is a wholly-owned                  subsidiary of Wallis. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | f) | Winland                  Shipping Co., Limited, is registered in Hong                  Kong. |
|--|----|----------------------------------------------------------------------------------------------|

|  | g) | Win                  Star Shipping Co., Limited, is incorporated and registered in St.                  Vincent                  and the Grenadines                  (“S.V.G.”). |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | h) | Bodar                  Shipping Co., Limited, is incorporated and registered in                  S.V.G. |
|--|----|---------------------------------------------------------------------------------------------------------|

|  | i) | Winland                  Dalian Shipping S.A. is incorporated in Panama, registered in Hong                  Kong. |
|--|----|--------------------------------------------------------------------------------------------------------------------|

|  | j) | Treasure                  Way Shipping Limited is incorporated and registered in Hong                  Kong. |
|--|----|--------------------------------------------------------------------------------------------------------------|

|  | k) | Win                  Eagle Shipping Co., Limited, is incorporated and registered in                  Valletta,                  Malta. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------|

|  | l) | Win                  Ever Shipping Co., Limited, is incorporated and registered in Valletta,                  Malta. |
|--|----|----------------------------------------------------------------------------------------------------------------------|

|  | m) | Win                  Bright Shipping Co., Limited, is incorporated and registered in                  Valletta,                  Malta. |
|--|----|-----------------------------------------------------------------------------------------------------------------------------------------|

|  | n) | B.                  Queen was registered in Hong Kong, which was disposed by the Company                  in                  February, 2007. |
|--|----|-----------------------------------------------------------------------------------------------------------------------------------------------|

|  | o) | Kinki                  International Industrial Limited is registered in Hong Kong, and                  manages                  chartering business of                  vessels. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | p) | Bestline                  Shipping Limited is registered in Hong Kong, and manages the chartering                  business of vessels. |
|--|----|-----------------------------------------------------------------------------------------------------------------------------------------|

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **3.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | q) | Lancrusier                Development Co., Limited is registered in Hong Kong, provides management                and accounting services to the above                companies. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | r) | Dalian                Winland International Shipping Agency Co. Ltd. (“DWIS”) is incorporated                under the laws of the PRC. The principal activity of DWIS is shipping                agency services. |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | s) | Dalian                Winland International Logistic Co. Ltd. (“DWIL”) is incorporated under the                laws of PRC. The principal activity of DWIL is freight forwarding                services. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | t) | Dalian                Shipping Online Network Co. Ltd. (“DSON”) is incorporated under the laws                of PRC. The principal activities of DSON are providing online service                for                the members. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **3.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

----

**WINLAND      ONLINE SHIPPING CORPORATION AND SUBSIDIARIES**

**CONSOLIDATED      STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY**

**FOR      THE NINE MONTHS ENDED SEPTEMBER 30, 2008**

| **3.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | (e) | Foreign                  Currency Translation |
|--|-----|-----------------------------------------------|

|                                                 |   | **September                30, 2008** |   | **December                31, 2007** |   | **September                30, 2007** |   |
|------------------------------------------------------|--------|---------------------------------------|--------|--------------------------------------|--------|---------------------------------------|--------|
|                                                 |   |                                  |   |                                 |   |                                  |   |
| Period                end RMB: US$ exchange rate     |   |                                  | 6.8551 |                                 |   | 7.3141                                |   |   | 7.5176 |   |
| Average                period RMB: US$ exchange rate |   |                                  | 7.0846 |                                 |   | 7.8087                                |   |   | 7.6676 |   |

|  | (f) | Earnings                  Per Share |
|--|-----|-------------------------------------|

|                                                                 |   | **Nine                Months Ended September 30,** |        |
|----------------------------------------------------------------------|--------|----------------------------------------------------|-------------|
|                                                                 |   | **2008**                                           |        | **2007** |   |
| **Basic:**                                                           |   | **(Unaudited)**                                    |        | **(Unaudited)** |   |
|                                                                 |   |                                               |        |   |   |
| Income                applicable to common shareholders              |   | $                                                  | 17,422,191  |   | $ | 18,035,266 |   |
|                                                                 |   |                                               |        |   |   |   |   |
| Weighted                average shares outstanding during the period |   |                                               | 111,135,766 |   |   | 106,925,000 |   |
|                                                                 |   |                                               |        |   |   |   |   |
| Basic                income per share                                |   | $                                                  | 0.16        |   | $ | 0.17 |   |
|                                                                 |   |                                               |        |   |   |   |   |
| **Diluted:**                                                         |   |                                               |        |   |   |   |   |
|                                                                 |   |                                               |        |   |   |   |   |
| Diluted                income applicable to common shareholders      |   |                                               | 17,422,191  |   |   | 18,035,266 |   |
|                                                                 |   |                                               |        |   |   |   |   |
| Weighted                average shares outstanding during the period |   |                                               | 111,135,766 |   |   | 106,925,000 |   |
|                                                                 |   |                                               |        |   |   |   |   |
| Diluted                net income per share                          |   | $                                                  | 0.16        |   | $ | 0.17 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **3.** | **SUMMARY                  OF SIGNIFICANT ACCOUNTING POLICIES                  (CONTINUED)** |
|--------|----------------------------------------------------------------------------------------------|

|  | (g) | Insurance                    Costs |
|--|-----|------------------------------------|

| **Insurance**                                          |   | **Coverage** |                 | **Insurance                Expense For The Nine Months Ended September 30,** |   |
|--------------------------------------------------------|--------|--------------|----------------------|------------------------------------------------------------------------------|--------|
|                                                   |   |         |                 | **2008**                                                                     |   | **2007** |   |
|                                                   |   |         |                 | **(Unaudited)**                                                              |   | **(Unaudited)** |   |
| Hull                insurance                          |   | $            | 59,510,000           |                                                                         | $      | 841,921 |   | $ | 769,657 |   |
| Protection                & indemnity insurance    |   |         | 500,000,000          |                                                                         |   | 669,499 |   |   | 579,576 |   |
| Freight                demurrage and defense insurance |   |         | 1,700,000-18,000,000 |                                                                         |   | 66,440 |   |   | 60,214 |   |
| Delay                insurance                         |   |         | 300,000              |                                                                         |   | 62,140 |   |   | 34,870 |   |
| Other                                                  |   |         | -                    |                                                                         |   | - |   |   | 2,228 |   |
| Total                                                  |   |         |                 |                                                                         | $      | 1,640,000 |   | $ | 1,446,545 |   |

|  | (h) | Dry                    Dock Fees |
|--|-----|----------------------------------|

|  | (i) | Recent                    Accounting                    Pronouncements |
|--|-----|------------------------------------------------------------------------|

----

**WINLAND        ONLINE SHIPPING CORPORATION AND SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY**

**FOR        THE NINE MONTHS ENDED SEPTEMBER 30, 2008**

| **3.** | **SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (CONTINUED)** |
|--------|------------------------------------------------------------------------------------------|

|  | (i) | Recent                Accounting Pronouncements                (Continued) |
|--|-----|----------------------------------------------------------------------------|

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **4.** | **CONCENTRATIONS** |
|--------|--------------------|

|                                     |   |                  **Sales**                              |   |                  **Accounts                  Receivable** |   |
|------------------------------------------|--------|--------------------------------------------------------------|--------|----------------------------------------------------------------|--------|
| **Major                Customers**  |   | **Nine                  Months Ended September 30,****2008** |   | **Nine                  Months Ended September 30,****2007**   |   | **September                  30, 2008** |   | **December                  31, 2007**  |   |
|                                     |   | **(Unaudited)**                                              |   | **(Unaudited)**                                                |   | **(Unaudited)** |   |   |   |
| Company                  A               |   |                                                         | 8.05   | %                                                              |   | - |   |   | 0.25 | % |   | 4.54 | % |
| Company                  B               |   |                                                         | 6.24   | %                                                              |   | - |   |   | - |   |   | - |   |
| Company                  C               |   |                                                         | 4.41   | %                                                              |   | - |   |   | - |   |   | - |   |
| Company                  D               |   |                                                         | 0.38   | %                                                              |   | 0.80 | % |   | 4.16 | % |   | - |   |
| Company                  E               |   |                                                         | -      |                                                           |   | 1.90 | % |   | - |   |   | - |   |
| Company                  F               |   |                                                         | -      |                                                           |   | 1.71 | % |   | - |   |   | - |   |

|                                     |   | **Oil                  Purchase**                             |   | **Accounts                  Payable**                              |   |
|------------------------------------------|--------|--------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
|  **Major                Suppliers** |   | **Nine                  Months Ended September 30,****2008**  |   | **Nine                  Months Ended September 30,****2007**  |   | **September                  30, 2008**  |   | **December                  31, 2007**  |   |
|                                          |   | **(Unaudited)**                                               |   | **(Unaudited)**                                               |   | **(Unaudited)**  |   |   |   |
| Company                  G               |   |                                                               | 31.00  | %                                                                  |   | 13.00 | % |   | 12.88 | % |   | 1.27 | % |
| Company                  H               |   |                                                               | 26.34  | %                                                                  |   | - |   |   | 9.74 | % |   | 5.55 | % |
| Company                  I               |   |                                                               | 11.37  | %                                                                  |   | - |   |   | - |   |   | - |   |
| Company                  J               |   |                                                               | 10.78  | %                                                                  |   | 10.28 | % |   | - |   |   | - |   |
| Company                  K               |   |                                                               | 7.14   | %                                                                  |   | 3.63 | % |   | - |   |   | 2.78 | % |
| Company                  L               |   |                                                               | -      |                                                               |   | 12.72 | % |   | - |   |   | - |   |
| Company                  M               |   |                                                               | -      |                                                               |   | 8.49 | % |   | - |   |   | - |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **5.** | **VESSELS** |
|--------|-------------|

|                                          |   |   |    | **September                30, 2008** |   | **December                31, 2007** |   |
|-----------------------------------------------|--------|--------|---------|---------------------------------------|--------|--------------------------------------|--------|
|                                          |   |   |    | **(Unaudited)**                       |   |                                 |   |
| At                cost:                       |   |   |    |                                  |   |                                 |   |
| Win                Hope                       |   |   | (b)     |                                  | $      | 2,679,285                            |   | $ | 2,679,285 |   |
| Win                Ever                       |   |   | (b)     |                                  |   | 1,737,966                            |   |   | 1,737,966 |   |
| Win                Bright                     |   |   | (b)     |                                  |   | 1,739,258                            |   |   | 1,739,258 |   |
| Win                Eagle                      |   |   | (b)     |                                  |   | 3,560,852                            |   |   | 3,560,852 |   |
| Win                Glory                      |   |   | (b)     |                                  |   | 2,503,698                            |   |   | 2,503,697 |   |
| Win                Grace                      |   |   | (b),(c) |                                  |   | 3,677,860                            |   |   | 3,677,861 |   |
| Win                Moony                      |   |   | (b),(c) |                                  |   | 3,682,178                            |   |   | 3,682,178 |   |
| Win                Star                       |   |   | (b)     |                                  |   | 3,336,600                            |   |   | 3,336,600 |   |
| Winland                Dalian                 |   |   | (a)     |                                  |   | 18,243,139                           |   |   | 18,243,139 |   |
| Win                Honey                      |   |   | (a)     |                                  |   | 4,500,000                            |   |   | 4,500,000 |   |
| Bodar                                         |   |   | (b)     |                                  |   | 4,985,441                            |   |   | 4,985,441 |   |
| Andong                                        |   |   | (d)     |                                  |   | 2,754,005                            |   |   | 2,586,504 |   |
| Haoyue                                        |   |   | (d)     |                                  |   | 1,814,559                            |   |   | 1,695,356 |   |
|                                          |   |   |    |                                  | $      | 55,214,841                           |   | $ | 54,928,137 |   |
| Less:                Accumulated depreciation |   |   |    |                                  |   |                                 |   |   |   |   |
| Win                Hope                       |   |   | (b)     |                                  |   | 1,708,044                            |   |   | 1,527,192 |   |
| Win                Ever                       |   |   | (b)     |                                  |   | 1,564,169                            |   |   | 1,477,270 |   |
| Win                Bright                     |   |   | (b)     |                                  |   | 1,565,332                            |   |   | 1,478,370 |   |
| Win                Eagle                      |   |   | (b)     |                                  |   | 3,204,767                            |   |   | 3,204,767 |   |
| Win                Glory                      |   |   | (b)     |                                  |   | 1,716,821                            |   |   | 1,475,393 |   |
| Win                Grace                      |   |   | (b),(c) |                                  |   | 2,666,449                            |   |   | 2,252,690 |   |
| Win                Moony                      |   |   | (b),(c) |                                  |   | 2,623,552                            |   |   | 2,209,307 |   |
| Win                Star                       |   |   | (b)     |                                  |   | 3,002,940                            |   |   | 3,002,940 |   |
| Winland                Dalian                 |   |   | (a)     |                                  |   | 3,374,981                            |   |   | 2,554,039 |   |
| Win                Honey                      |   |   | (a)     |                                  |   | 1,206,563                            |   |   | 1,016,719 |   |
| Bodar                                         |   |   | (b)     |                                  |   | 4,486,897                            |   |   | 4,486,897 |   |
| Andong                                        |   |   | (d)     |                                  |   | 599,489                              |   |   | 451,937 |   |
| Haoyue                                        |   |   | (d)     |                                  |   | 273,967                              |   |   | 204,287 |   |
|                                          |   |   |    |                                  | $      | 27,993,971                           |   | $ | 25,341,808 |   |
| Vessels,                net                   |   |   |    |                                  | $      | 27,220,870                           |   | $ | 29,586,329 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **5.** | **VESSELS                (CONTINUED)** |
|--------|----------------------------------------|

|                              |   | **September                30, 2008** |       | **December                31, 2007** |   |
|-----------------------------------|--------|---------------------------------------|------------|--------------------------------------|--------|
| **Net                Book Value** |   | **(Unaudited)**                       |       |                                 |   |
| Winland                Dalian     |   | $                                     | 14,868,158 |                                 | $      | 15,689,100 |   |
| Win                Honey          |   |                                  | 3,293,437  |                                 |   | 3,483,281 |   |
| Total                             |   | $                                     | 18,161,595 |                                 | $      | 19,172,381 |   |

| **6.** | **FIXED                ASSETS** |
|--------|---------------------------------|

|                                          |   | **September                30, 2008** |    | **December                31, 2007** |   |
|-----------------------------------------------|--------|---------------------------------------|---------|--------------------------------------|--------|
|                                          |   | **(Unaudited)**                       |    |                                 |   |
| At                cost:                       |   |                                  |    |                                 |   |
| Motor                vehicles                 |   | $                                     | 243,973 |                                 | $      | 146,655 |   |
| Office                equipment               |   |                                  | 372,079 |                                 |   | 342,997 |   |
|                                          |   |                                  | 616,052 |                                 |   | 489,652 |   |
| Less:                Accumulated depreciation |   |                                  |    |                                 |   |   |   |
| Motor                vehicles                 |   |                                  | 107,938 |                                 |   | 74,993 |   |
| Office                equipment               |   |                                  | 246,269 |                                 |   | 186,746 |   |
|                                          |   |                                  | 354,207 |                                 |   | 261,739 |   |
|                                          |   |                                  |    |                                 |   |   |   |
| Fixed                assets, net              |   | $                                     | 261,845 |                                 | $      | 227,913 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

**7.      DEFERRED DRY DOCK FEES**

** **

|                                          |   | **September,                30 2008** |       | **December                31, 2007** |   |
|-----------------------------------------------|--------|---------------------------------------|------------|--------------------------------------|--------|
|                                          |   | **(Unaudited)**                       |       |                                 |   |
| Cost                                          |   | $                                     | 18,314,356 |                                 | $      | 16,964,128 |   |
| Less:                Accumulated amortization |   |                                  | 9,934,137  |                                 |   | 7,026,218 |   |
| Deferred                dry dock fees, net    |   | $                                     | 8,380,219  |                                 | $      | 9,937,910 |   |

| **Period                Ended September 30,** |   | **Amount** |      |
|-----------------------------------------------|--------|------------|-----------|
| 2009                                          |   | $          | 3,806,866 |   |
| 2010                                          |   |       | 2,410,007 |   |
| 2011                                          |   |       | 1,010,082 |   |
| 2012                                          |   |       | 883,218   |   |
| 2013                                          |   |       | 270,046   |   |
| Total                                         |   | $          | 8,380,219 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **8.** | **DUE                TO/FROM RELATED PARTIES** |
|--------|------------------------------------------------|

| (I)                Due From Related Parties           |   |   |   |  **September,                30 2008** |                                        | **December                31, 2007** |   |
|------------------------------------------------------------|--------|--------|--------|---------------------------------------------|---------------------------------------------|--------------------------------------|--------|
|                                                       |   |   |   |  **(Unaudited)**                       |                                        |                                 |   |
| Dalian                Winland Group Co., Ltd               |   |   | a      | )                                           | $                                           | 1,987,968                            |   | $ | 38,478,550 |   |
| Winland                Container Lines Ltd.                |   |   | b      | )                                           |                                        | 1,754,954                            |   |   | 1,125,621 |   |
| Deshun                Shipping Management Co.              |   |   | c      | )                                           |                                        | -                                    |   |   | 108 |   |
| Li                Cui                                      |   |   | d      | )                                           |                                        | -                                    |   |   | 1,290 |   |
| Xue                Ying                                    |   |   | e      | )                                           |                                        | -                                    |   |   | 1,375,868 |   |
| Li                Honglin                                  |   |   | f      | )                                           |                                        | -                                    |   |   | 127,871 |   |
| Due                from employees                          |   |   | g      | )                                           |                                        | 1,149                                |   |   | 3,873 |   |
| Total                due from related parties              |   |   |   |                                        | $                                           | 3,744,071                            |   | $ | 41,113,181 |   |
|                                                       |   |   |   |                                        |                                        |                                 |   |   |   |   |
| (II)                Due To Related Parties                 |   |   |   |                                        |  **September,                30 2008** |                                 |   | **December                31, 2007** |   |
|                                                       |   |   |   |                                        |                                        |  **(Unaudited)**           |   |   |   |   |
| Dalian                Winland Shipping Co., Ltd            |   |   | h      | )                                           | $                                           | -                                    |   | $ | 3,445,115 |   |
| Dalian                Master Well Ship Management Co., Ltd |   |   | i      | )                                           |                                        | 461,768                              |   |   | 457,847 |   |
| Winland                Shipping Japan Co., Ltd             |   |   | j      | )                                           |                                        | 172,603                              |   |   | 46,881 |   |
| Li                Honglin                                  |   |   | f      | )                                           |                                        | 2,538                                |   |   | - |   |
| Due                to employees                            |   |   | g      | )                                           |                                        | 33,552                               |   |   | 31,446 |   |
| Total                due to related parties                |   |   |   |                                        | $                                           | 670,461                              |   | $ | 3,981,289 |   |

|  | a) | Dalian                Winland Group Co. (“DWIG”) is controlled by directors of the Company. The                Company paid $0 and $42,088,403 of expenses on behalf of DWIG in                the nine                months ended September 30, 2008 and 2007, respectively. The Company                collected $36,424,947 and $42,088,659 on behalf of DWIG in the nine                months                ended September 30, 2008 and 2007, respectively. For the nine months                ended                September 30, 2008 and 2007, the Company recognized interest expense                of                $65,635 and $60,645, respectively. Also see Note 10. The outstanding                balances at September 30, 2008 and December 31, 2007 are interest-free,                unsecured and have no fixed repayment                term. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | b) | Winland                Container Lines Ltd. is controlled by directors of the Company. The                Company provided shipping agency and freight forwarding services                to the                related party. For the nine months ended September 30, 2008 and 2007,                the                Company recognized relevant service revenue of $446,421 and $393,297,                respectively. For the nine months ended September 30, 2008 and 2007,                the                Company paid $629,334 and $561,074 of expenses to related ports and                received $446,422 and $1,676,429 of expenses from related ports on                behalf                of Winland Container Co. Ltd. The outstanding balances at September                30,                2008 and December 31, 2007 are interest-free, unsecured and have                no fixed                repayment term. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

**8.      DUE TO/FROM RELATED PARTIES (CONTINUED)**

|  | c) | Deshun                  Shipping Management Co. is controlled by directors of the Company.                  The                  outstanding balance at December 31, 2007 was interest-free, unsecured                  and                  has been subsequently                  settled. |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | d) | Li                  Cui is financial manager of the Company. The outstanding balance                  at                  December 31, 2007 was interest-free, unsecured and has been subsequently                  settled. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | e) | Xue                  Ying is chief executive officer of the Company. The outstanding                  balance at                  December 31, 2007 was interest-free, unsecured and has been subsequently                  settled. |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | f) | Li                  Honglin is the Chairman of the Board of the Company. Li Honglin                  rented his                  apartment to DSON as one of its office rooms in Dalian. Rental                  expense was                  $2,541 and $2,348 for the nine months ended September 30, 2008                  and 2007,                  respectively. For the year ended December 31, 2007, Li Honglin                  received a                  $130,000 in ocean fees on behalf of the Company, which has been                  subsequently collected in May 2008. The outstanding balance at                  September                  30, 2008 is interest-free, unsecured and has no fixed repayment                  term. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | g) | Due                  from/to employees are interest-free, unsecured and have no fixed                  repayment. The amounts due from/to employees primarily represent                  advances                  to sales personnel or prepaid by sales personnel of the Company                  for                  business and travelling related                  expenses. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | h) | Dalian                  Winland Shipping Co., Ltd (“DWSC”) has a common shareholder with the                  Company. It operates as a vessel management company for the Company.                  The                  vessel management fee for the nine months ended September 30, 2008                  and                  2007 was $27,000. For the nine months ended September 30, 2008                  and 2007,                  the Company paid $3,572,251 and $549,211 of ocean fees on behalf                  of DWSC.                  For the nine months ended September 30, 2008 and 2007, the Company                  received $0 and $25,594 of ocean fees on behalf of DWSC For the                  nine                  months ended September 30, 2008 and 2007, the Company recognized                  interest                  expense of $100,136 and $92,522, respectively. Also see Note 10.                  The                  outstanding balance at December 31, 2007 was interest-free, unsecured                  and                  has been subsequently                  settled. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | i) | Dalian                  Master Well Ship Management Co., Ltd.’s shareholder is DWIG who was a                  related party of the Company. It operates as the vessel management                  company                  for the Company. The vessel management fees for 11 vessels in the                  nine                  months ended September 30, 2008 and 2007 was $17,672. The Company                  paid                  $309,364 and $281,577 on behalf of Dalian Master Well Ship Management                  Co.,                  Ltd, in the nine months ended September 30, 2008 and 2007, respectively.                  The Company collected $62,185 and $389,150 on behalf of Dalian                  Master Well                  Ship Management Co., Ltd, in the nine months ended September, 2008                  and                  2007 respectively. The outstanding balances at September 30, 2008                  and                  December 31, 2007 are interest-free, unsecured and have no fixed                  repayment                  term. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | j) | Winland                  Shipping Japan Co., Ltd has a common shareholder of the Company.                  The                  Company recognized relevant agency service expense of $9,927 and                  $39,900,                  in the nine months ended September 30, 2008 and 2007, respectively.                  The                  outstanding balances at September 30, 2008 and December 31, 2007                  are                  interest-free, unsecured and have no fixed repayment                  term. |
|--|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **9.** | **SHORT-TERM                BANK LOAN** |
|--------|-----------------------------------------|

|                                                                                                                                                                                                                  |   | **September                30, 2008** |   | **December                31,****2007** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------|--------|-----------------------------------------|--------|
|                                                                                                                                                                                                                  |   | **(Unaudited)**                       |   |                                    |   |
| Loan                from Nanyang Commercial Bank, due December 19, 2008, monthly interest                only                payments at 3-months LIBOR plus 2.5% per annum (paid September 28,                2008). |   | $                                     | -      |                                    | $      | 1,000,000 |   |
| Total                short-term bank loan                                                                                                                                                                             |   | $                                     | -      |                                    | $      | 1,000,000 |   |

| **10.** | **LONG-TERM                BANK LOANS** |
|---------|-----------------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                             |   | **September                30, 2008** |      | **December                31,****2007** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------|-----------|-----------------------------------------|--------|
| Loans                from Dialease Maritime S.A.:                                                                                                                                                                                                                                                                                                                                                |   | **(Unaudited)**                       |      |                                    |   |
| Due                on August 1, 2011, monthly interest payment is 1-month LIBOR plus                1.75%                per annum, and the actual rate at September 30, 2008 is 6.43%, secured                by                the vessel Winland Dalian (also see Note 5), assignment of insurance                of                the vessel, and guaranteed by the chairman of the Company |   | $                                     | 6,159,036 |                                    | $      | 7,742,784 |   |
|                                                                                                                                                                                                                                                                                                                                                                                             |   |                                  |      |                                    |   |   |   |
| Due                on July 21, 2012, monthly interest payment is 1-month LIBOR plus                1.75% per                annum, and the actual rate at September 30, 2008 is 6.43%, secured                by the                vessel Win Honey (also see Note 5), assignment of insurance of the                vessel,                and guaranteed by the chairman of the Company       |   |                                  | 2,683,316 |                                    |   | 3,208,322 |   |
| Total                long-term bank loans                                                                                                                                                                                                                                                                                                                                                        |   | $                                     | 8,842,352 |                                    | $      | 10,951,106 |   |
|                                                                                                                                                                                                                                                                                                                                                                                             |   |                                  |      |                                    |   |   |   |
| Less:                Current portion                                                                                                                                                                                                                                                                                                                                                             |   |                                  | 2,811,672 |                                    |   | 2,811,672 |   |
|                                                                                                                                                                                                                                                                                                                                                                                             |   |                                  |      |                                    |   |   |   |
| Long-term                portion                                                                                                                                                                                                                                                                                                                                                                 |   | $                                     | 6,030,680 |                                    | $      | 8,139,434 |   |

----

**WINLAND      ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY      TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES      TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED      SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **10.** | **LONG-TERM                BANK LOANS (CONTINUED)** |
|---------|-----------------------------------------------------|

| **Period                Ended September 30,** |   | **Amount** |      |
|-----------------------------------------------|--------|------------|-----------|
| 2009                                          |   | $          | 2,811,672 |   |
| 2010                                          |   |       | 2,811,672 |   |
| 2011                                          |   |       | 2,635,716 |   |
| 2012                                          |   |       | 583,292   |   |
| Total                                         |   | $          | 8,842,352 |   |

| **11.** | **LONG-TERM                NOTES PAYABLE** |
|---------|--------------------------------------------|

|                                                                                                                                                                                                           |   |   |   | **September                30, 2008** |   | **December                31,****2007** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|---------------------------------------|--------|-----------------------------------------|--------|
|                                                                                                                                                                                                           |   |   |   | **(Unaudited)**                       |   |                                    |   |
| Notes                payable to unrelated party:                                                                                                                                                               |   |   |   |                                  |   |                                    |   |
| Xiao                Liwu, paid August 13, 2008                                                                                                                                                                 |   |   | a      | )                                     | $      | -                                       |   | $ | 279,180 |   |
| Subtotal                                                                                                                                                                                                       |   |   |   |                                  |   | -                                       |   |   | 279,180 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| Notes                payable to related companies:                                                                                                                                                             |   |   |   |                                  |   |                                    |   |   |   |   |
| Win                Grand Shipping Limited, net of discount of $17,502 and $36,590 at                September 30, 2008 and December 31, 2007, respectively, due November                1,                2009 |   |   | b      | )                                     |   | 364,917                                 |   |   | 632,644 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| DWSC                due December 23, 2009, at an interest rate of 5% per annum                                                                                                                                 |   |   | c      | )                                     |   | 1,614,558                               |   |   | 1,513,235 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| DWSC                due July 19, 2010, at an interest rate of 5% per annum                                                                                                                                     |   |   | d      | )                                     |   | 1,145,133                               |   |   | 1,073,269 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| DWIG                due July 19, 2010, at an interest rate of 5% per annum                                                                                                                                     |   |   | e      | )                                     |   | 1,808,872                               |   |   | 1,695,356 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| Subtotal                                                                                                                                                                                                       |   |   |   |                                  |   | 4,933,480                               |   |   | 4,914,504 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| Total                long-term notes payable                                                                                                                                                                   |   |   |   |                                  | $      | 4,933,480                               |   | $ | 5,193,684 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| Less:                Current portion                                                                                                                                                                           |   |   |   |                                  |   | 364,917                                 |   |   | 632,284 |   |
|                                                                                                                                                                                                           |   |   |   |                                  |   |                                    |   |   |   |   |
| Long-term                portion                                                                                                                                                                               |   |   |   |                                  | $      | 4,568,563                               |   | $ | 4,561,400 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **11.** | **LONG-TERM                NOTES PAYABLE (CONTINUED)** |
|---------|--------------------------------------------------------|

| **Period                Ended September 30,** |   | **Amount** |      |
|-----------------------------------------------|--------|------------|-----------|
| 2009                                          |   | $          | 364,917   |   |
| 2010                                          |   |       | 4,568,563 |   |
| Total                                         |   | $          | 4,933,480 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **12.** | **LEASES** |
|---------|------------|

| **Period                Ended September 30,** |   | **Amount** |   |
|-----------------------------------------------|--------|------------|--------|
| 2009                                          |   |       | 67,505 |   |
| Total                                         |   | $          | 67,505 |   |

|                                          |   | **September                30, 2008** |        | **December                31, 2007** |   |
|-----------------------------------------------|--------|---------------------------------------|-------------|--------------------------------------|--------|
|                                          |   | **(Unaudited)**                       |        |                                 |   |
| Capital                lease obligations      |   | $                                     | 12,415,100  |                                 | $      | 12,415,100 |   |
| Less:                Accumulated amortization |   |                                  | (12,320,983 | )                                    |   | (10,973,175 | ) |
| Capital                lease obligations, net |   | $                                     | 94,117      |                                 | $      | 1,441,925 |   |

| **Period                Ended September 30 2009**          |   | **Amount** |    |
|------------------------------------------------------------|--------|------------|---------|
|                                                       |   | $          | 112,700 |   |
| Total                minimum lease payments                |   |       | 112,700 |   |
|                                                       |   |       |    |   |
| Less:                Amount representing interest          |   |       | (18,583 | ) |
| Present                value of net minimum lease payments |   | $          | 94,117  |   |

----

| **13.** | **INCOME                TAX** |
|---------|-------------------------------|

|                              |   | **For                Nine Months Ended September 30 (Unaudited)** |     |
|-----------------------------------|--------|-------------------------------------------------------------------|----------|
|                              |   | **2008**                                                          |     | **2007** |   |
|                              |   |                                                              |     |   |   |
| Current                CIT        |   | $                                                                 | (6,408   | ) | $ | (55,276 | ) |
| Deferred                CIT       |   |                                                              | (127,547 | ) |   | 15,391 |   |
| Income                tax expense |   | $                                                                 | (133,955 | ) | $ | (39,885 | ) |

|                                                               |   | **For                Nine Months Ended September 30 (Unaudited)** |       |
|--------------------------------------------------------------------|--------|-------------------------------------------------------------------|------------|
|                                                               |   | **2008**                                                          |       | **2007** |   |
|                                                               |   |                                                              |       |   |   |
| Computed                “expected” expense             |   | $                                                                 | (4,389,037 | ) | $ | (3,309,701 | ) |
| Income                not subject to tax and permanent differences |   |                                                              | 4,255,082  |   |   | 3,269,816 |   |
| Income                tax expense                                  |   | $                                                                 | (133,955   | ) | $ | (39,885 | ) |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **13.** | **INCOME                TAX (CONTINUED)** |
|---------|-------------------------------------------|

|                                                 |   | **September                30, 2008** |    | **December                31, 2007** |   |
|------------------------------------------------------|--------|---------------------------------------|---------|--------------------------------------|--------|
|                                                 |   | **(Unaudited)**                       |    |                                 |   |
| Deferred                tax assets (liabilities):    |   |                                  |    |                                 |   |
| Current                portion:                      |   |                                  |    |                                 |   |
| General                and administrative expense    |   |                                  | (10,415 | )                                    |   | (1,253 | ) |
| Financial                expense                     |   |                                  | 6,083   |                                 |   | (21,156 | ) |
| Interest                expense                      |   |                                  | -       |                                 |   | 141,512 |   |
| Service                revenue and commission        |   |                                  | 7,959   |                                 |   | (22,952 | ) |
| Vessel                rental revenue                 |   |                                  | (27,263 | )                                    |   | - |   |
| Subtotal                                             |   |                                  | (23,636 | )                                    |   | 96,151 |   |
|                                                 |   |                                  |    |                                 |   |   |   |
| Non-current                portion:                  |   |                                  |    |                                 |   |   |   |
| Depreciation                expense                  |   | $                                     | (7,812  | )                                    | $      | 4,065 |   |
| Net                operating loss                    |   |                                  | 52,972  |                                 |   | - |   |
| Valuation                allowance                   |   |                                  | (48,855 | )                                    |   | - |   |
| Subtotal                                             |   |                                  | (3,695  | )                                    |   | 4,065 |   |
|                                                 |   |                                  |    |                                 |   |   |   |
| Net                deferred tax (liabilities) assets |   | $                                     | (27,331 | )                                    | $      | 100,216 |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **14.** | **DISCONTINUED                OPERATION** |
|---------|-------------------------------------------|

|                                     |   | **February                2, 2007** |       |
|------------------------------------------|--------|-------------------------------------|------------|
|                                     |   |                                |       |
| Vessel,                net               |   | $                                   | 31,234,545 |   |
| Net                asset                 |   |                                | 31,234,545 |   |
|                                     |   |                                |       |   |
| Proceeds                from disposition |   |                                | 37,000,000 |   |
| Less:                Legal expenses      |   |                                | (705,470   | ) |
| Net                proceeds              |   |                                | 36,294,530 |   |
|                                     |   |                                |       |   |
| Gain                from disposition     |   | $                                   | 5,059,985  |   |

|                                         |   | **For                The Nine Months Ended September 30, 2007****(Unaudited)** |       |
|----------------------------------------------|--------|--------------------------------------------------------------------------------|------------|
|                                         |   |                                                                           |       |
| Net                income                    |   | $                                                                              | 18,285,903 |   |
|                                         |   |                                                                           |       |   |
| Net                income per share, basic   |   | $                                                                              | 0.24       |   |
| Net                income per share, diluted |   | $                                                                              | 0.17       |   |

----

**WINLAND        ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY        TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES        TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED        SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **15.** | **SEGMENT                INFORMATION** |
|---------|----------------------------------------|

| **Nine                Months Ended****September                30, 2008****(Unaudited)** |   | **Marine                Transportation** |       | **Chartering                Brokerage** |   | **Other****Activities** |   | **Corporate****and****Eliminations** |       | **Consolidated** |   |
|------------------------------------------------------------------------------------------|--------|------------------------------------------|------------|-----------------------------------------|--------|-------------------------|--------|--------------------------------------|------------|------------------|--------|
| Sales                to unaffiliatedcustomers                                            |   | $                                        | 48,510,653 |                                    | $      | 18,604,227              |   | $                                    | 4,757,568  |             | $      | - |   | $ | 71,872,448 |   |
| Intersegment                sales                                                        |   |                                     | -          |                                    |   | -                       |   |                                 | 398,857    |             |   | (398,857 | ) |   | - |   |
| Net                sales                                                                 |   |                                     | 48,510,653 |                                    |   | 18,604,227              |   |                                 | 5,156,425  |             |   | (398,857 | ) |   | 71,872,448 |   |
| Costs                                                                                    |   |                                     | 25,375,680 |                                    |   | 16,170,837              |   |                                 | 4,012,632  |             |   | (398,857 | ) |   | 45,160,292 |   |
| Depreciation                and amortization                                             |   |                                     | 5,489,126  |                                    |   | -                       |   |                                 | 166,218    |             |   | - |   |   | 5,655,344 |   |
| Other                operating expenses                                                  |   |                                     | 1,683,613  |                                    |   | 518,614                 |   |                                 | 1,177,995  |             |   | 120,444 |   |   | 3,500,666 |   |
| Operation                income (loss)                                                   |   | $                                        | 15,962,234 |                                    | $      | 1,914,776               |   | $                                    | (200,420   | )                | $      | (120,444 | ) | $ | 17,556,146 |   |
| **September                30, 2008****(Unaudited)**                                     |   |                                     |       |                                    |   |                    |   |                                 |       |             |   |   |   |   |   |   |
| Identifiable                assets                                                       |   | $                                        | 33,038,666 |                                    | $      | 7,673,945               |   | $                                    | 12,745,600 |             | $      | 87,989 |   | $ | 53,546,200 |   |

| **Nine                Months Ended****September                30, 2007****(Unaudited)** |   | **Marine                Transportation** |       | **Chartering                Brokerage** |   | **Other****Activities** |   | **Corporate****and****Eliminations** |      | **Combined** |   |
|------------------------------------------------------------------------------------------|--------|------------------------------------------|------------|-----------------------------------------|--------|-------------------------|--------|--------------------------------------|-----------|--------------|--------|
| Sales                to unaffiliatedcustomers                                            |   | $                                        | 32,772,377 |                                    | $      | 17,184,419              |   | $                                    | 2,185,212 |         | $      | - |   | $ | 52,142,008 |   |
| Intersegment                sales                                                        |   |                                     | -          |                                    |   | -                       |   |                                 | 472,727   |         |   | (472,727 | ) |   | - |   |
| Net                sales                                                                 |   |                                     | 32,772,377 |                                    |   | 17,184,419              |   |                                 | 2,657,939 |         |   | (472,727 | ) |   | 52,142,008 |   |
| Costs                                                                                    |   |                                     | 15,379,516 |                                    |   | 14,667,798              |   |                                 | 1,717,529 |         |   | (472,727 | ) |   | 31,292,116 |   |
| Depreciation                and amortization                                             |   |                                     | 5,322,810  |                                    |   | -                       |   |                                 | 153,580   |         |   | - |   |   | 5,476,390 |   |
| Other                operating expenses                                                  |   |                                     | 2,412,639  |                                    |   | 124,337                 |   |                                 | (402,533  | )            |   | 256 |   |   | 2,134,699 |   |
| Operation                income (loss)                                                   |   | $                                        | 9,657,412  |                                    | $      | 2,392,284               |   | $                                    | 1,189,363 |         | $      | (256 | ) | $ | 13,238,803 |   |
| **December                31, 2007**                                                     |   |                                     |       |                                    |   |                    |   |                                 |      |         |   |   |   |   |   |   |
| Identifiable                assets                                                       |   | $                                        | 68,844,372 |                                    | $      | 16,477,255              |   | $                                    | 8,924,985 |         | $      | 1,414 |   | $ | 94,248,026 |   |

----

**WINLAND          ONLINE SHIPPING HOLDINGS CORPORATION **

**(FORMERLY          TRIP TECH, INC.) AND SUBSIDIARIES **

**NOTES          TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS**

**ENDED          SEPTEMBER 30, 2008 (CONSOLIDATED) AND 2007 (COMBINED)**

**(UNAUDITED)**

| **15.** | **SEGMENT                INFORMATION (CONTINUED)** |
|---------|----------------------------------------------------|

|                                            |   | **Nine                Months Ended September 30,****(Unaudited)** |       |
|-------------------------------------------------|--------|-------------------------------------------------------------------|------------|
|                                            |   | **2008**                                                          |       | **2007** |   |
| Sales                to unaffiliated customers: |   |                                                              |       |   |   |   |   |
| Japan,                Korea and Russia          |   | $                                                                 | 28,748,979 |   | $ | 25,028,164 |   |
| PRC                                             |   |                                                              | 17,968,112 |   |   | 10,428,402 |   |
| Southern                and Eastern Asia        |   |                                                              | 14,374,490 |   |   | 8,342,721 |   |
| Mediterranean                and Red Sea        |   |                                                              | 7,187,245  |   |   | 6,257,041 |   |
| Other                                           |   |                                                              | 3,593,622  |   |   | 2,085,680 |   |
| Total                                           |   | $                                                                 | 71,872,448 |   | $ | 52,142,008 |   |

| **16.** | **SUBSEQUENT                EVENT** |
|---------|-------------------------------------|

----

**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF      OPERATIONS**

**Forward      Looking Statements**

**Acquisition      of SkyAce Group Limited**

**Prior      Operations of Trip Tech**

----

**Current      Operations of the Company (General Development of      Business)**

**SkyAce      **

** **

**Plentimillion**

----

**Best      Summit**

----

**Summary      of Current Business of the Company**

**Summary      of Significant Accounting Policies**

***Principle      of Consolidation and Combination***

----

**Use      of Estimates**

**Revenue      Recognition**

----

**Recent      Accounting Pronouncements**

**Results      of Operations**

***Comparison      the Results of Operations for the Nine (9) Months Ended September 30, 2008      and      2007 (in U.S. dollars, except otherwise as indicated)***

|                                                     |   | **Nine                Months Ended September 30** |        |                             |   |
|----------------------------------------------------------|--------|-------------------------------------------------------------|-------------|----------------------------------|--------|
|                                                     |   | **2008**                                                    |        | **2007**                         |   | **Increase                (Decrease)** |   |
|                                                     |   | **Amount**                                                  |        | **%                of Revenues** |   | **Amount** |   | **%                of Revenues** |   | **In                Amount** |   | **In                %** |   |
|  Revenues                                           |   |                                                        | 71,872,448  |                             |   | 100.0 | % |   | 52,142,008 |   |   | 100.0 | % |   | 19,730,440 |   |   | 37.8 | % |
|  Vessel                expenses                     |   |                                                        | 45,160,292  |                             |   | 62.8 | % |   | 31,292,116 |   |   | 60.0 | % |   | 13,868,176 |   |   | 44.3 | % |
|  Depreciation                and amortization       |   |                                                        | 5,655,344   |                             |   | 7.9 | % |   | 5,476,390 |   |   | 10.5 | % |   | 178,954 |   |   | 3.3 | % |
|  General                and administrative expenses |   |                                                        | 2,492,468   |                             |   | 3.5 | % |   | 1,270,011 |   |   | 2.4 | % |   | 1,222,457 |   |   | 96.3 | % |
|  Income                from operations              |   |                                                        | 18,564,344  |                             |   | 25.8 | % |   | 14,103,491 |   |   | 27.0 | % |   | 4,460,853 |   |   | 31.6 | % |
|  Interest                expense, net               |   |                                                        | (540,129    | )                                |   | -0.8 | % |   | (1,497,457 | ) |   | -2.9 | % |   | 957,328 |   |   | -63.9 | % |
|  Other                (expense) income, net         |   |                                                        | (468,069    | )                                |   | -0.7 | % |   | 632,769 |   |   | 1.2 | % |   | (1,100,838 | ) |   | -174.0 | % |
|  Income                from continuing operations   |   |                                                        | 17,422,191  |                             |   | 24.2 | % |   | 13,198,918 |   |   | 25.3 | % |   | 4,223,273 |   |   | 32.0 | % |
|  Gain                from discontinued operations   |   |                                                        | -           |                             |   | 0.0 | % |   | 4,836,349 |   |   | 9.3 | % |   | (4,836,349 | ) |   | -100.0 | % |
|  Net                income                          |   |                                                        | 17,422,191  |                             |   | 24.2 | % |   | 18,035,267 |   |   | 34.6 | % |   | (613,076 | ) |   | -3.4 | % |
|  Weighted                average shares outstanding |
|  -                Basic                             |   |                                                        | 111,135,766 |                             |   |  |   |   | 106,925,000 |   |   |  |   |   | 4,210,766 |   |   | 3.9 | % |
|  -                Diluted                           |   |                                                        | 111,135,766 |                             |   |  |   |   | 106,925,000 |   |   |  |   |   | 4,210,766 |   |   | 3.9 | % |
|  Earnings                per share                  |   |                                                        |             |                             |   |  |   |   |  |   |   |  |   |   |  |   |   |  |   |
|  -                Basic                             |   |                                                        | 0.16        |                             |   |   |   |   | 0.17 |   |   |   |   |   | (0.01 | ) |   | -5.9 | % |
|  -                Diluted                           |   |                                                        | 0.16        |                             |   |  |   |   | 0.17 |   |   |  |   |   | (0.01 | ) |   | -5.9 | % |

----

**Revenues**

**Vessel      Expenses**

----

**Depreciation      and Amortization**

**General      and Administrative Expenses**

**Income      from Operations before Interest and Tax Expenses**

**Interest      Expense, Net**

**Other      (Expense) Income, Net**

**Income      from Continuing Operations**

**Gain      from Discontinued Operation**

**Net      Income**

----

**Earnings      Per Share**

----

**Comparison      the Results of Operations for the Three (3) Months Ended September 30, 2008      and      2007 (in U.S. dollars, except otherwise as indicated)**

|                                                     |   | **Three                Months Ended September 30,** |        |                             |   |
|----------------------------------------------------------|--------|---------------------------------------------------------------|-------------|----------------------------------|--------|
|                                                     |   | **2008**                                                      |        | **2007**                         |   | **Increase                (Decrease)** |   |
|                                                     |   | **Amount**                                                    |        | **%                of Revenues** |   | **Amount** |   | **%                of Revenues** |   | **In                Amount** |   | **In                %** |   |
|  Revenues                                           |   |                                                          | 22,790,122  |                             |   | 100.0 | % |   | 16,629,210 |   |   | 100.0 | % |   | 6,160,912 |   |   | 37.0 | % |
|  Vessel                expenses                     |   |                                                          | 13,092,546  |                             |   | 57.4 | % |   | 9,891,697 |   |   | 59.5 | % |   | 3,200,849 |   |   | 32.4 | % |
|  Depreciation                and amortization       |   |                                                          | 1,886,899   |                             |   | 8.3 | % |   | 1,901,368 |   |   | 11.4 | % |   | (14,469 | ) |   | -0.8 | % |
|  General                and administrative expenses |   |                                                          | 1,702,528   |                             |   | 7.5 | % |   | 433,538 |   |   | 2.6 | % |   | 1,268,990 |   |   | 292.7 | % |
|  Income                from operations              |   |                                                          | 6,108,149   |                             |   | 26.8 | % |   | 4,402,607 |   |   | 26.5 | % |   | 1,705,542 |   |   | 38.7 | % |
|  Interest                expense, net               |   |                                                          | (266,404    | )                                |   | -1.2 | % |   | (697,960 | ) |   | -4.2 | % |   | 431,556 |   |   | -61.8 | % |
|  Other                (expense) income, net         |   |                                                          | (505,367    | )                                |   | -2.2 | % |   | 69,623 |   |   | 0.4 | % |   | (574,990 | ) |   | -825.9 | % |
|  Income                from continuing operations   |   |                                                          | 5,298,476   |                             |   | 23.2 | % |   | 3,763,103 |   |   | 22.6 | % |   | 1,535,373 |   |   | 40.8 | % |
|  Net                income                          |   |                                                          | 5,298,476   |                             |   | 23.2 | % |   | 3,763,103 |   |   | 22.6 | % |   | 1,535,373 |   |   | 40.8 | % |
|  Weighted                average shares outstanding |
|  -                Basic                             |   |                                                          | 119,465,761 |                             |   |  |   |   | 106,925,000 |   |   |  |   |   | 12,540,761 |   |   | 11.7 | % |
|  -                Diluted                           |   |                                                          | 119,465,761 |                             |   |  |   |   | 106,925,000 |   |   |  |   |   | 12,540,761 |   |   | 11.7 | % |
|  Net                income per share                |   |                                                          |             |                             |   |  |   |   |  |   |   |  |   |   |  |   |   |   |   |
|  -                Basic                             |   |                                                          | 0.04        |                             |   |  |   |   | 0.04 |   |   |  |   |   | - |   |   | 0.0 | % |
|  -                Diluted                           |   |                                                          | 0.04        |                             |   |  |   |   | 0.04 |   |   |  |   |   | - |   |   | 0.0 | % |

**Revenues**

----

**Vessel      Expenses**

**General      and Administrative Expenses**

**Income      from Operations before Interest and Tax Expenses**

**Interest      Expense, Net**

**Other      (Expense) Income, Net**

**Net      Income**

**Earnings      Per Share**

**Liquidity      and Capital Resources**

----

**Operating      Activities**

**Investing      Activities**

**Financing      Activities**

**Working      Capital**

----

**Capital      Expenditures**

**Material      Commitments/Tabular Disclosure of Contractual Obligations**

**Off-Balance      Sheet Arrangements**

**ITEM      3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET      RISK**

**ITEM      4T. CONTROLS AND PROCEDURES**

**Disclosure      Controls and Procedures**

**Changes      in Internal Controls**

----

**PART      II**

**OTHER      INFORMATION**

**ITEM      1. LEGAL PROCEEDINGS**

**ITEM      1A. RISK FACTORS**

**ITEM      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF      PROCEEDS**

**ITEM      3. DEFAULTS UPON SENIOR SECURITIES**

**ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITYHOLDERS**

** **

**ITEM      5. OTHER INFORMATION**

----

**ITEM      6. EXHIBITS**

**(a)**
**Exhibits:**

| **EXHIBIT                NO.** |   | **DESCRIPTION**                                                                                                                                                                        |   | **LOCATION**                                                                                                                                                            |
|--------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 2.1                            |   | Share                Exchange Agreement, dated August 12, 2008, by and among Trip Tech,                Inc.,                SkyAce Group Limited and Pioneer Creation Holdings Limited |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.1                            |   | Articles                of Incorporation of Trip Tech, Inc.                                                                                                                            |   | Incorporated                by reference to Exhibit 3.1 to the Company’s Registration Statement on                Form SB-2 as filed with the SEC on May 14, 2007 |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.2                            |   | Amended                and Restated Bylaws of Trip Tech, Inc. dated as of August 27,                2008                                                                               |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on September 29, 2008                   |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.3                            |   | Memorandum                and Articles of Association** **of                SkyAce Group Limited                                                                                  |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.4                            |   | Certificate                of Incorporation of SkyAce Group Limited                                                                                                                    |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.5                            |   | Memorandum                and Articles of Association of Plentimillion Group Limited                                                                                                   |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.6                            |   | Certificate                of Incorporation of Plentimilllion Group Limited                                                                                                            |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.7                            |   | Memorandum                and Articles of Association of Best Summit Enterprises Limited                                                                                               |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.8                            |   | Certificate                of Incorporation of Best Summit Enterprises Limited                                                                                                         |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.9                            |   | Memorandum                and Articles of Association of Wallis Development Limited                                                                                                    |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |
|                           |   |                                                                                                                                                                                   |   |                                                                                                                                                                    |
| 3.10                           |   | Certificate                of Incorporation of Wallis Development Limited                                                                                                              |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                      |

----

| **EXHIBIT                NO.** |   | **DESCRIPTION** |   | **LOCATION** |
|--------------------------------|--------|-----------------|--------|--------------|

|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.11   |   | Articles                of Association of Beijing Huate Xingye Keji Co. Ltd.                                                                                                                                                                                                               |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 3.12   |   | Certificate                of Incorporation of Beijing Huate Xingye Keji Co. Ltd.                                                                                                                                                                                                          |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 3.13   |   | Certificate                of Correction to Trip Tech’s Articles of Incorporation, dated August 11,                2008                                                                                                                                                              |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 3.14   |   | Certificate                of Amendment to Certificate of Incorporation of the Company, dated                September 24, 2008                                                                                                                                                            |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on September 29, 2008 |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 3.15   |   | Certificate                of Corporate Resolutions Designating Series A Preferred Stock of                the                Company, dated August 12, 2008                                                                                                                               |   | Provided                herewith                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 10.1   |   | Exclusive                Technology Consultation Service Agreement, dated March 31, 2008,                by and                among Beijing Huate Xingye Keji Co. Ltd. and Winland International                                                                                          |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 10.2   |   | Exclusive                Technology Consultation Service Agreement, dated March 31, 2008,                by and                among Beijing Huate Xingye Keji Co. Ltd. and Winland                Logistics                                                                               |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 10.3   |   | Exclusive                Technology Consultation Service Agreement, dated March 31, 2008,                by and                among Beijing Huate Xingye Keji Co. Ltd. and Shipping                Online                                                                                 |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 10.4   |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                among                Wallis Development Limited, Dalian Winland International Shipping                Agency                Co., Ltd. and Dalian Winland Group Co., Ltd.          |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |
|   |   |                                                                                                                                                                                                                                                                                       |   |                                                                                                                                                  |
| 10.5   |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                among                Wallis Development Limited, Dalian Winland International Shipping                Agency                Co., Ltd. and Dalian Weihang Logistic Agent Co., Ltd. |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008    |

----

| **EXHIBIT                NO.** |   | **DESCRIPTION** |   | **LOCATION** |
|--------------------------------|--------|-----------------|--------|--------------|

|   |   |   |   |
|--------|--------|--------|--------|

| 10.6   |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                among                Wallis Development Limited, Dalian Winland International Shipping                Agency                Co., Ltd. and Dalian Winland Shipping Co., Ltd.                                 |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.7   |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                between                Wallis Development Limited, Dalian Winland International Logistics                Co.,                Ltd. and Dalian Winland Group Co., Ltd.                                        |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.8   |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                between                Wallis Development Limited, Dalian Winland International Logistics                Co.,                Ltd. and Dalian Winland Shipping Co., Ltd.                                     |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.9   |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                between                Wallis Development Limited, Dalian Winland International Logistics                Co.,                Ltd. and Dalian Winland International Shipping Agency Co.,                Ltd. |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.10  |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                among                Wallis Development Limited, Dalian Shipping Online Network Co., Ltd.                and                Li Honglin                                                                      |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.11  |   | Exclusive                Equity Interest Purchase Agreement, dated March 31, 2008, by and                among                Wallis Development Limited, Dalian Shipping Online Network Co., Ltd.                and                Xue Ying                                                                        |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.12  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Dalian Winland Group Co.                                                                                                                                                 |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.13  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Dalian Winland Shipping Co., Ltd.                                                                                                                                        |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.14  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Dalian Weihang Logistic Agent Co.,                Ltd.                                                                                                                   |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.15  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Dalian Winland International Logistics                Co.,                Ltd.                                                                                           |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.16  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Dalian Winland Group Co.                                                                                                                                                 |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                               |
| 10.17  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Winland Shipping Co., Ltd.                                                                                                                                               |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008 |

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| **EXHIBIT                NO.** |   | **DESCRIPTION** |   | **LOCATION** |
|--------------------------------|--------|-----------------|--------|--------------|

|   |   |   |   |
|--------|--------|--------|--------|

| 10.18  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Li Honglin                                                                                                                                                                                                                           |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                  |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 10.19  |   | Equity                Interest Pledge Agreement, dated March 31, 2008, by and between Beijing                Huate Xingye Keji Co. Ltd. and Xue Ying                                                                                                                                                                                                                             |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 10.20  |   | Powers                of Attorney, dated March 31, 2008, executed by Dalian Winland Group                Co.,                Ltd., Dalian Winland Shipping Co., Ltd. and Dalian Weihang Logistic                Agent                Co., Ltd. in favor of Beijing Huate Xingye Keji Co. Ltd. For Dalian                Winland International Shipping Agency Co., Ltd.          |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 10.21  |   | Powers                of Attorney, dated March 31, 2008, executed by Dalian Winland Group                Co.,                Ltd., Dalian Winland Shipping Co., Ltd. and Dalian Winland International                Shipping Agency Co., Ltd. in favor of Beijing Huate Xingye Keji Co.                Ltd.                for Dalian Winland International Logistics Co., Ltd. |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 10.22  |   | Powers                of Attorney, dated March 31, 2008, executed by Li Honglin and Xue                Ying in                favor of Beijing Huate Xingye Keji Co. Ltd. and Dalian Shipping Online                Network Co., Ltd.                                                                                                                                            |   | Incorporated                by reference to the Company’s Current Report on Form 8-K as filed with the                SEC on August 12, 2008                  |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 14.1   |   | Code                of Ethics                                                                                                                                                                                                                                                                                                                                                    |   | Incorporated                by reference to Exhibit 14.1 to the Company’s Annual Report on Form 10-KSB                as filed with the SEC on March 28, 2008 |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 21     |   | List                of Subsidiaries of Trip Tech, Inc.                                                                                                                                                                                                                                                                                                                           |   | Incorporated                  by reference to the Company’s Current Report on Form 8-K as filed with the                  SEC on August 12, 2008              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 31.1   |   | Certifications                of the Chief Executive Officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                                                                                                                                                                                                            |   |  Provided                herewith                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 31.2   |   | Certifications                of the Chief Financial Officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                                                                                                                                                                                                            |   | Provided                herewith                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 32.1   |   | Certification                Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To Section                906 of                the Sarbanes-Oxley Act Of 2002                                                                                                                                                                                                              |   | Provided                herewith                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                                                                |
| 32.2   |   | Certification                Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To Section                906 of                the Sarbanes-Oxley Act Of 2002                                                                                                                                                                                                              |   | Provided                herewith                                                                                                                                    |

----

**SIGNATURES**

| Date: November                14, 2008 | By: */s/                Xue Ying*                    |
|---------------------------------------------|--------------------------------------------------------------------------|
|                                        | Name: Xue                Ying                                       |
|                                        | Its: Chief                Executive Officer, Secretary and Director |
|                                        |                                                                     |
|                                        |                                                                     |
| Date: November                14, 2008 | By: */s/                Jing Yan*                    |
|                                        | Name:                 Jing Yan                                      |
|                                        | Its: Chief                Financial Officer and                     |
|                                        | Principal                Accounting Officer                              |
|                                        |                                                                     |
|                                        |                                                                     |

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