China Auto Logistics Inc. (China Auto), formerly Fresh Ideas Media, Inc.is engaged in automobile sales, custom clearance services, storage services and national transportation services through its Website, www.at188.com. The Company operates through its wholly owned subsidiary, Ever Auspicious International Limited, and its wholly owned subsidiary, Tianjin Seashore New District Shisheng Business Trading Group Co. Ltd. (Shisheng). The Company provides dealer financing to the customers. In addition, the Company’s Website www.1365car.com is running in 11 cities provides domestic manufactured automobile dealers and traders in quoting platform for the customers to identity the quotes and packages. The Company has four operating segments: sales of automobiles, financing services, Web-based advertising and automobile import value added services. During the years ended December 31, 2008, the Company’s three largest customers together accounted for 22%, of the Company’s total sales.