Grand Power Logistics Group Inc.
TSX VENTURE : GPW

Grand Power Logistics Group Inc.

December 21, 2015 16:00 ET

Grand Power Appoints Dr. Gavin Chen to Head E-Commerce Division

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Dec. 21, 2015) - Grand Power Logistics Group Inc. ("Grand Power" or the "Company") (TSX VENTURE:GPW) is pleased to announce that, further to its press release of June 18, 2015 announcing the opening of a new branch office in the city of Fuzhou, Fujian Province to serve as its hub for online and E-Commerce shipping, the Company has recently appointed Dr. Gavin Chen to head up a newly formed subsidiary of Grand Power, Grand Power eTrade Limited.

Dr. Chen has a Doctor of Philosophy degree (Ph.D.) in Economics from Renmin University in Beijing and a Post Doctorial Philosophy degree in E-Commerce from Tianjin University. He is a Member of the Ministry of Education of the People's Republic of China, Logistics Development Team. He is also a Senior Lecturer (PRC region) of the ILT (Institute of Logistics and Transport) and CIPS (Chartered Institute of Purchasing and Supply). As well he is an Adjunct Professor at Tsinghua University, Logistics Engineering & Supply Chain Management. Dr. Chen has also held senior executive positions in a number of Hong Kong listed public companies.

In his role with Grand Power eTrade Limited, Dr. Chen will be the Managing Director, supervising and spearheading the Company's growth in developing its E-Commerce/E-trade initiatives. He will also assist with Grand Power's marketing, operations and strategic planning for its ocean freight business in the Chinese market.

Ricky Chiu, President and CEO of Grand Power said "We are very pleased to have such a well-connected and highly experienced person joining Grand Power. We look forward to moving our E-Commerce initiatives forward even faster with the addition of Dr. Chen." He added "As the Chinese economy slows down; we believe that E-Commerce will remain a key driver of retail growth in China, which is now the largest E-Commerce market in the world. We look forward to capitalizing on this still relatively underdeveloped market and the possibilities for a company like ours which has both domestic and international experience."

About Grand Power Logistics Group Inc.

Grand Power operates principally through its wholly owned Hong Kong based subsidiary, Grand Power Express International Limited (GP Express), and provides air-freight forwarding and sea-freight services, customs brokerage, logistics, warehousing and distribution, as well as other value added services. GP Express has established operations in various regions, particularly in the Greater Pearl River Delta (GPRD), one of China's largest economic regions. GP Express' Subsidiaries or Branch Offices in this region are located in Macau, Shenzhen and Guangzhou. GP Express also operates in other regions through Subsidiaries and Branch Offices or Supporting Offices in Shanghai, Beijing, Tianjin, Xiamen and Fuzhou. For more information, please visit http://www.grandpowerlogistics.com.

Forward-looking Information

Statements included in this press release that are not historical facts may be considered "forward looking statements." All estimates and statements that describe the Company's objectives, goals or future plans are forward looking statements. Forward-looking statements involve inherent risks and uncertainties where actual results could differ materially from those currently anticipated.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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