Eastern International ELOG

Eastern International Ltd. is a holding company incorporated in the Cayman Islands that conducts its business through wholly owned operating subsidiaries in mainland China. The company provides domestic and cross border professional logistic services, including project logistics and general logistics, to corporate clients. Its subsidiaries operate a network of warehouses, trucks and offices across key Chinese cities and into Southeast Asia and Central Asia.

Revenue is generated primarily from fees charged for project logistic services such as construction project logistics and special cargo handling for large or precision equipment, and from general logistic services encompassing transportation, warehousing, loading and unloading, and distribution of ordinary products. The company also earns income from cross border logistics that involve inland and railway transport between mainland China and Southeast Asian countries for commodities, electronics, tires, new energy equipment and other machinery.

Eastern International Ltd. competes with both state owned logistics enterprises and private or publicly held logistics firms in China. Its competitive advantages stem from specialized technical qualifications, including a Class A contractor qualification for large cargo transportation and certifications as an AAA level logistics enterprise, which create barriers to entry. The company’s geographic base in the economically developed eastern region, particularly Suzhou, provides proximity to major industrial hubs and access to key ports. Over nearly two decades of operation it has built a recognized brand in the project logistics sector, supported by a skilled workforce where a majority of senior staff and technicians have more than fifteen years of industry experience. These factors enable it to win contracts with large scale industrial and infrastructure projects and to maintain long term relationships with leading enterprises.

The company serves a diversified customer base that includes multinational corporations, large domestic enterprises and publicly listed companies. Notable clients mentioned in the filing are Goldwind, CSSC Haizhuang Windpower Co., Ltd., Shanghai Huaneng, Jiangxi Electric Power Group, Guizhou Electric Power Group, Hydroelectric Fourth Bureau, Trina Solar, JD Logistics, Wuhu Ande Zhilian, Aisen (China), Goodbaby, Marco, China Post and Longrich. These customers operate in industries such as renewable energy, household appliances, health and beauty products, construction and transportation.