Vinpac Group (Holdings) Inc.
   
  Capital: USD 3 MILLION  
                         
 
                                                           
               
               
               
                Vinpac Container Vinpac Lines   Vinpac Lines   Vinpac Lines Vinpac Lines
Vinpac Lines  (HK) Ltd        Vinpac Multitrans (China) Ltd Line (LA) Inc. (Canada) Inc.   (Toronto) Inc.   (Montreal) Inc. (Buenos Aires) S.A.
74%     100%   75%   100%     60%   70%   25%  
Capital:  HKD 5,000,000   Capital:  USD 150,000   Capital:   Capital:     Capital:   Capital: Capital:  
                      USD 400,000 CAD 320,000   CAD 210,000   CAD 150,000 USD 30,000
           
Vinpac Multitrans (China) Ltd Fuzhou Qingdao Shanghai Tianjin   Vinpac Holdings
(Guangzhou Office) 80%   100%   80%   100%   (Toronto) Inc.
100%   Capital: Capital: Captial: Capital: 70%  
Capital: USD 20,000 USD 65,000 USD 25,000 USD 280,000 USD 40,000 Capital:  
      CAD 180,000
Vinpac Multitrans (China) Ltd Xiamen Ningbo  
(Jiangmen Office) 100%   60%  
50%   Capital: Capital:
Capital: RMB 100,000 USD 10,000 USD 100,000
 
 
Vinpac Multitrans (China) Ltd `
(Shenzhen Office)
70%  
Capital: USD 150,000