Tianci International, Inc. (NASDAQ: CIIT)

Tianci International, Inc. provides global logistics services through its subsidiary Roshing, focusing on ocean freight forwarding that includes container shipping and bulk goods shipping. Roshing operates under an asset light model, meaning it does not own or operate any vessels or containers but instead charters space from carriers and sub charter it to customers. The company also distributes electronic device hardware such as WiFi, Bluetooth, 4G network modules, LED screens and touch screens. In addition, Roshing offers software technical support, training and maintenance, and provides business consulting services for visa applications. Its primary operational base is in Hong Kong, with service routes extending to the Asia Pacific region, Africa, the Americas, Europe and Australia.

The majority of revenue is derived from freight forwarding fees for arranging container and bulk cargo shipments, where Roshing secures carrier space and sub charters it to shippers. For container shipments, revenue is based on the number and size of containers, the selected route and the timing of the shipment. For bulk goods, revenue comes from issuing fixture notes, arranging vessel charters and managing the transport of commodities such as lumber, steel, construction materials, chemicals and agricultural products. Additional income is generated from the resale of electronic components including WiFi, Bluetooth, 4G network modules, LED screens and touch screens to overseas traders and assembly firms. Roshing also earns fees from software technical services, including consulting, training and maintenance, and from business consulting services that help clients with immigration and nonimmigration visa applications.

The company operates through the following segments: Global Logistics Services, Electronic Device Hardware, Software Technical Services, and Business Consulting Services.

• Global Logistics Services: This segment provides ocean freight forwarding, including container shipping where we charter cargo space from carriers and sub charter it to shippers based on container size, type, route and timing, and bulk goods shipping where we issue fixture notes, arrange vessel charters and manage the transport of commodities such as lumber, steel, construction materials, chemicals and agricultural products, while also handling customs documentation, cargo tracking, cost management and billing collection for each shipment.

• Electronic Device Hardware: This segment sources and resells WiFi, Bluetooth, 4G network modules, LED screens, touch screens and related electronic components to overseas traders, hardware distributors, assembly firms and private label entities seeking electronic components with light customization, generating revenue from the markup on these parts.

• Software Technical Services: This segment delivers technical consulting, training and maintenance for our proprietary software and related hardware, helping existing customers optimize system performance, stay current with updates and troubleshoot operational issues.

• Business Consulting Services: This segment assists clients with immigration and nonimmigration visa applications by conducting background checks, preparing documentation, providing advisory support and liaising with government agencies throughout the process.

Tianci International, Inc. competes in the fragmented global freight forwarding market where larger integrated logistics providers and niche forwarders vie for customers. The company’s asset light model, backed by its management’s long standing relationships with shipowners and carriers, allows it to secure competitive rates and flexible capacity without the capital burden of owning vessels. Its expertise in route optimization and customized cargo solutions enables it to offer tailored transit times and cost savings that differentiate it from rivals reliant on standardized services. Additionally, Roshing’s access to a broad network of suppliers and its ability to quickly adjust to market demand reinforce its position as a responsive player in the logistics sector.

The company serves a diverse mix of customers that includes cargo owners and freight forwarders needing container or bulk shipments for goods such as auto parts, electronics, clothing, shoes and consumer products. Electronics traders purchase WiFi, Bluetooth, 4G network modules, LED screens and touch screens from the hardware distribution arm of the business. Software firms rely on Roshing for technical support, training and maintenance to keep their systems running efficiently. Businesses seeking assistance with visa applications, including workers and students, engage the consulting segment for background checks, document preparation and advisory services. Geographically, logistics clients span industries such as automotive, consumer goods, construction and agriculture across Asia, Africa, the Americas and Europe, while the electronics and consulting customers are located internationally.