Sinotrans: domestic M&A or overseas expansion?

What challenging questions were you asked during your IPO and how did you respond to them? Zhang: Investors questioned whether Sinotrans would be able to sustain its recent growth rates, which have been 19% in revenue terms and 32% in net profit over the past three years. In our presentations we showed that we are the number one in the freight forwarding business, commanding a market share of 10%. In shipping agency, we are second only to COSCO, with a market share of 25% to 30%. In …