Chunil Express Co., Ltd. is a Korea-based company engaged in the express bus transportation business. The Company mainly operates its business through provision of passenger transportation services. The Company approximately operated over180 express buses in Korea. The Company’s express bus species include Hyundai’s Universe and Kia’s New Granbird. In addition, the Company is involved in the real estate leasing business, as well as provision of goods transportation services. It has bus stations in Busan, Seoul, Daegu and other cities of Korea.