NLSC
Industry:
Consumer Distribution & Retail Commercial Services

DESCRIPTION

Namliong SkyCosmos is a U.S.-listed holding company whose sole operating business is Orient Express & Co. (OEC), a supply chain intermediary headquartered in Taiwan with offices in Shanghai and Hong Kong. OEC helps business customers establish and manage supply chains across a wide range of product categories, acting as a trading and sourcing middleman rather than a manufacturer. OEC's product focus spans textiles and apparel (functional sportswear, outdoor wear, and protective workwear), green building materials (glass panels, composite wood, and SPC flooring), construction machinery and tools, conventional and solar generators, and coal and bioenergy trading. OEC also provides consulting services, including marketing planning, internet platform development, and business advisory. OEC positions itself as a "one-stop" outdoor living solutions provider. OEC earns money by sourcing and reselling goods to business customers, capturing a margin between sourcing cost and selling price, and by charging variable fees for consulting services. The business is asset-light, with no meaningful manufacturing capacity, and its value lies in supplier relationships and sourcing expertise. The company operates at a very small scale, with minimal headcount and a stated need for roughly $800K in additional capital over the next 18 months. Namliong SkyCosmos itself has an unusual corporate history, originally incorporated in 2005 and passing through several failed businesses and shell company transactions before acquiring OEC in 2023 via a share exchange with an entity controlled by the company's sole executive, Cheng Hsing HSU, who serves simultaneously as CEO, CFO, and controlling shareholder.

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