Wisdom Marine Lines Co., Limited (Taiwan, China)

Wisdom Marine Lines Co., Ltd. was founded in October 2008, and was officially listed on the Taiwan Stock Exchange (TWSE) on December 1, 2010. Wisdom Marine Lines Co., Ltd. is a Taiwan-based provider of marine transportation services. The company operates its businesses through ship leasing, which offers multi-functional ships, timber carriers, wood chip carriers and container ships, among others, as well as marine transportation services. It principally deals with bulk cargo and general cargo, such as steel bars, steel billets, timbers and other products. It has established business partnerships with renowned shipyards such as Imabari, Tsuneishi, Oshima, Namura, Murakami Hide and Kegoya Dock. As of December 31, 2009, the company had 54 ships. During the year ended December 31, 2009, the company obtained approximately 76% and 20% of its total revenue from ship leasing services and marine transportation services, respectively.