Tianci International (NASDAQ Uplisting)

General Information
Business:

Note: This is NOT an IPO. This is a NASDAQ Uplisting of Tianci International, whose stock trades under the symbol “CIIT” on the OTC Pink Market. On March 13, 2025, the last reported sale price for our common stock (on the OTC) was $4.00 per share.

We are a global logistics company. (Incorporated in Nevada)

We conduct our business through our subsidiary, Roshing International, which provides global logistics services, encompassing booking and the transportation arrangement and related logistics solutions. Roshing’s customized logistics solutions are tailored to meet the diverse needs of its customers.

As a logistics shipping operator, Roshing focuses on ocean freight forwarding services, including container shipping and bulk goods shipping service.

For the container shipping service, Roshing charters cargo space from shipping suppliers (such as shipowners, ship carrier or non-vessel operating common carriers) and then sub-charters that cargo space to its customers (cargo owners or cargo agents). For the bulk goods shipping service, Roshing issues fixture notes to customers, and then arranges the booking of ships, and signs chartering contracts with suppliers (such as shipowners). Roshing also tailors the selection of transport options, and arranges to transport the goods from the port of loading to the port of destination, so as to complete the performance of the contract.

Roshing currently does not own or operate any transportation assets. By leveraging our senior management’s expertise in the global logistics industry and adopting an asset-light strategy at the early stage, Roshing has seen a significant growth in logistics revenue since 2023. Shufang Gao, our Chief Executive Officer previously worked for a globally renowned shipping conglomerate, with over 20 years of management experience. His expertise spans shipping operation management, and logistics transportation. Leveraging this experience, he has provided the Company with the managerial framework to expand its global logistics business, as well as access to relevant customer and supplier resources in the shipping industry. Roshing’s business is primarily carried out in Hong Kong and other locations in the Asia-Pacific region, mainly in Japan, South Korea, Vietnam. Roshing’s logistics services also include the shipment of goods to African countries.

Roshing also generates revenue from other businesses:

*Electronic Devices & Parts – As a a distributor of hardware components for electronic devices and generates revenue from reselling these components. It is not engaged in product development or direct manufacturing of hardware. The main products include Wi-Fi modules, Bluetooth modules, 4G network modules, LED screens and touch screens. Roshing’s main customers are non-Hong Kong traders, direct traders of hardware components, companies engaged in the assembly and sale of finished products and private label entities seeking electronic component procurement and light customization.

*Software Technical Services – Roshing provides technical consulting and training services to help customers, generally its existing customers, to better understand and properly use its customized software and related hardware. Roshing also provides software maintenance services to keep customers’ software up to date and assists customers in promoting their businesses with ongoing marketing support.

*Business Consulting Services – Roshing provides business consulting services to help customers apply for immigration and non-immigration visas. Roshing is responsible for performing background checks, assessment, and preparing related application paperwork.

Note: Net loss and revenue are for the 12 months that ended Jan. 31, 2025.

(Note: Tianci International cut the size of its public offering/NASDAQ uplisting to 1.75 million shares – down from 2.17 million shares in the prospectus – and priced the offering at $4.00 – the low end of its $4.00-to-$5.00 range – to raise $7.0 million. Background: Tianci International Inc. updated its financial results in an S-1/A filing dated March 14, 2025. Original Filing: Tianci International filed its S-1 for its public offering on June 10, 2024: 2.17 million shares at a price range of $4.00 to $5.00 to raise $10.0 million.)

 

Industry: Shipping - Ocean Freight Forwarding & Container Shipping
Employees: 11
Founded: 2011
Contact Information
Address Unit B, 10/F., Ritz Plaza, No.122 Austin Road, Tsim Sha Tsui, Kowloon, Hong Kong 999077 Tel: 852-22510781
Phone Number +852-22510781
Web Address
View Prospectus: Tianci International (NASDAQ Uplisting)
Financial Information
Market Cap $73.28mil
Revenues $9.46 mil (last 12 months)
Net Income $-0.19 mil (last 12 months)
IPO Profile
Symbol CIIT
Exchange NASDAQ
Shares (millions): 1.8
Price range $4.00 - $4.00
Est. $ Volume $7.0 mil
Manager / Joint Managers American Trust Investment Services
CO-Managers
Expected To Trade: 4/10/2025
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change