China Auto Logistics is a holding company. Through its subsidiaries, Co.'s principal businesses include sales of imported automobiles, which Co. act as a general agent and wholesaler; financing services related to imported automobiles, which include letter of credit issuance services, purchase deposit financing, and import duty advance services; and other services including automobile information websites and advertising services (www.at188.com and www.at160.com), logistics services related to the automobile importing process and other automobile services, such as assistance with customs clearance, storage and delivery services.