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Eastern International Ltd. Completed Two Major Offshore Wind Power Projects and Secured an Additional Large-Scale Offshore Transportation Contract for Yangjiang Project
Prnewswire· 2026-01-14 13:30
Core Viewpoint - Eastern International Ltd. has successfully completed two significant offshore wind farm projects in Jiangsu, showcasing its capabilities in managing complex logistics for renewable energy infrastructure [1][2]. Group 1: Project Completion - The company completed the Jiangsu Yancheng Three Gorges Fenghai Dafeng Offshore Wind Farm Project and Jiangsu Guoxin Dafeng Offshore Wind Farm Project, with a total installed capacity exceeding 1.6 million kilowatts [1]. - The total contract value for these two projects is more than RMB 49 million (approximately US$7.07 million) [1]. Group 2: New Contracts - Suzhou TC-Link, a wholly owned subsidiary of Eastern International, secured a large-scale offshore transportation contract with Guangdong Goldwind for the "Yangjiang Project," which includes road transportation, loading and unloading at port, sea transportation, and related services [2]. - The contract also involves road modifications for oversize and overweight cargos, indicating the complexity of the logistics required for the project [2]. Group 3: Industry Insights - The COO of Eastern International emphasized the importance of offshore wind power in clean energy development, highlighting the logistical challenges due to the oversized dimensions and excessive weight of wind power equipment [3]. - The collaboration with Guangdong Goldwind is seen as a strategic integration of manufacturing and logistics capabilities, enhancing efficiency in offshore wind power project logistics [3]. Group 4: Company Overview - Eastern International Ltd. is a holding company incorporated in the Cayman Islands, providing domestic and cross-border professional logistic and construction services [4]. - The company operates through its subsidiaries, including Suzhou TC-Link, and has a network covering key cities in mainland China, Hong Kong, Southeast Asia, and Central Asia [4].
美股异动丨Triller Group跌40.47%,为跌幅最大的中概股
Ge Long Hui· 2025-12-30 00:28
| 代码 | 名称 | 最新价 | 涨跌幅 ^ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | ILLR | Triller Group | 0.3702 | -40.47% | -0.2517 | 232.17万 | | PASW | 平安生物医药 | 0.4892 | -23.25% | -0.1482 | 11.08万 | | ZYBT | 正业生物 | 1.200 | -21.57% | -0.330 | 6.02万 | | ELOG | 东源全球股份 | 1.240 | -21.52% | -0.340 | 32.71万 | | UPC | 大自然药业 | 4.420 | -21.35% | -1.200 | 63.27万 | 中概股收盘跌幅居前的个股为:Triller Group跌40.47%,平安生物医药跌23.25%,正业生物跌21.57%, 东源全球股份跌21.52%,大自然药业跌21.35%。(格隆汇) ...
美股异动丨中概股优蓝国际收涨14.08%
Ge Long Hui A P P· 2025-12-25 00:28
| 代码 | 名称 | 最新价 | 涨跌幅 √ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | IZM | 拍明芯城 | 2.280 | 26.67% | +0.480 | 188.2万 | | ELOG | 东源全球股份 | 1.650 | 16.20% | +0.230 | 8420.39万 | | UPC | 大自然药业 | 4.285 | 14.88% | +0.555 | 46.74万 | | AIFU | 智能未来 | 2.900 | 14.85% | +0.375 | 22.31万 | | YOUL | 优蓝国际 | 1.620 | 14.08% | +0.200 | 27.7万 | 格隆汇12月25日|中概股收盘涨幅居前的个股为:拍明芯城涨26.67%,东源全球股份涨16.2%,大自然 药业涨14.88%,智能未来涨14.85%,优蓝国际涨14.08%。(格隆汇) ...
Eastern International Ltd. Entered into Contract for its First Photovoltaic Power Generation Construction Project With a Total Contract Price of RMB 42.5 Million (approximately US$ 6.04 million)
Prnewswire· 2025-12-24 13:30
HANGZHOU, China, Dec. 24, 2025 /PRNewswire/ -- Eastern International Ltd. ("Eastern International" or the "Company") (NASDAQ: ELOG), a provider of domestic and cross-border professional logistic services including project logistic and general logistic for Company clients, today announced that its wholly-owned subsidiary, Guizhou Tianrun Zhicheng Construction Engineering Co., Ltd. ("Guizhou Tianrun"), has entered into a construction contract (the "Contract") with Weifang Branch of CSCEC Southwest Architectu ...
Eastern International Ltd. generated over RMB 45 million (approximately US$ 6.323 million) in revenue from its ongoing logistics services for offshore wind power projects and also launched the Yangjiang offshore project
Prnewswire· 2025-11-04 13:30
Core Insights - Eastern International Ltd. has commenced Offshore Project logistics services for Guangdong Goldwind, marking a significant milestone in its expansion within the renewable energy sector [1][2] - The company is also managing two other major offshore wind power projects in Jiangsu Province, with cumulative revenues of RMB 22.87 million and RMB 22.32 million as of October 31, 2025 [2] - Eastern International's operational strength and expertise in logistics for renewable energy projects are highlighted by its ability to execute multiple large-scale projects concurrently [3][4] Company Overview - Eastern International Ltd. is a provider of domestic and cross-border professional logistic services, with a focus on project logistics [5] - The company operates through its wholly-owned subsidiaries, including Suzhou TC-Link Logistics Co., Ltd., which has a comprehensive logistics network across key cities in China and Southeast Asia [5] - The company has obtained the ISO 9001 certification for high-quality service, reinforcing its commitment to quality and safety in logistics operations [5] Project Details - The Yangjiang Project involves the transportation of wind turbine components, specifically blades measuring 266/16200, from Guangdong Goldwind's bases to the designated port [1] - The two ongoing projects in Jiangsu Province involve the transportation and installation of ultra-long wind blades measuring up to 110 meters, with a combined installation capacity exceeding 1.6 gigawatts [2] - Both Jiangsu projects are expected to be completed by the end of 2025, showcasing the company's technical expertise in managing complex logistics [2][3] Strategic Positioning - The company is well-positioned to capitalize on the growing renewable energy investments in China and Southeast Asia, leveraging its extensive project management expertise and established client relationships [4] - Eastern International aims to expand its service offerings beyond transportation to include value-added engineering solutions, enhancing customer loyalty and long-term revenue visibility [4]
Eastern International Ltd. Acquires Guizhou Minji to Expand Logistics into Power Engineering Field
Prnewswire· 2025-10-27 12:30
Core Viewpoint - Eastern International Ltd. has completed the acquisition of 100% equity interest in Guizhou Minji Construction Engineering Co., Ltd., enhancing its capabilities in power engineering and construction services [1][2][3] Group 1: Acquisition Details - The acquisition was finalized on October 27, 2025, making Guizhou Minji an indirectly wholly-owned subsidiary of Eastern International [1] - Guizhou Minji holds essential industry qualifications for power engineering projects, including "Grade II Power Engineering Construction General Contracting Qualification" and others [2] Group 2: Strategic Implications - This acquisition allows Eastern International to independently undertake significant power generation and transmission projects, including those with capacities of 200 MW and up to 220 KV [2] - The company can now engage in over 90% of steel structure projects in various fields, enhancing its service offerings in municipal, industrial, and civil engineering [2] Group 3: Market Position and Future Outlook - The acquisition is viewed as a strategic move to create new business opportunities and revenue streams, potentially leading to higher profit margins [3] - Eastern International aims to expand its services beyond logistics to include foundational construction and equipment installation in the new energy sector, thereby increasing its market competitiveness [3] - The company is expected to become a more diversified and specialized provider of engineering project solutions, particularly in new energy and steel structure engineering [3]
苏州天诚智联物流公司在纳斯达克完成640万美元IPO
Sou Hu Cai Jing· 2025-09-01 06:34
Group 1 - Eastern International Limited, the offshore holding company of Suzhou Tiancheng Intelligent Logistics, completed an IPO at a price of $4.00 per share, raising a total of $6.4 million before underwriting discounts and expenses by offering 1.6 million shares [1] - The company began trading on the Nasdaq Capital Market on August 28 under the ticker symbol "ELOG" [1] - Maxim Group LLC acted as the exclusive bookrunner for the offering, and the company granted underwriters a 45-day option to purchase up to 240,000 additional shares, representing 15% of the shares sold in the offering [1] Group 2 - Eastern International is a Cayman Islands-registered holding company, with its subsidiary Suzhou Tiancheng Logistics operating four wholly-owned subsidiaries, five warehousing logistics centers, and three branch offices in China [2] - The company's logistics network covers mainland China, Hong Kong, Southeast Asia, and Central Asia, providing domestic and cross-border logistics services, including project logistics and general logistics solutions [2] - The IPO size is relatively small by U.S. market standards, indicating that the company is in an early development stage or has a smaller business scale [2]
Eastern International Ltd. Announces Closing of $6.4 Million Initial Public Offering
Globenewswire· 2025-08-29 19:27
Core Viewpoint - Eastern International Ltd. has successfully completed its initial public offering (IPO) by selling 1,600,000 ordinary shares at a price of $4.00 per share, raising gross proceeds of $6.4 million before expenses [1][3]. Company Overview - Eastern International Ltd. is a holding company incorporated in the Cayman Islands, providing domestic and cross-border professional logistic services through its wholly owned subsidiary, Suzhou TC-Link Logistics Co., Ltd. [6] - Suzhou TC-Link was established in 2006 and has obtained the ISO 9001 certificate for high-quality service, operating a network that covers key cities in mainland China, Hong Kong, Southeast Asia, and Central Asia [6]. IPO Details - The shares began trading on the Nasdaq Capital Market under the symbol "ELOG" on August 28, 2025 [2]. - The company has granted Maxim Group LLC a 45-day option to purchase an additional 240,000 shares at the offering price, representing 15% of the shares sold in the offering [2]. - Maxim Group LLC acted as the sole book-running manager for the offering, with FisherBroyles, LLP and Hunter Taubman Fischer & Li LLC serving as legal counsel [3]. Financial Information - The total gross proceeds from the offering amounted to $6.4 million, prior to deducting underwriting discounts and other related expenses [3]. - The offering was conducted under the company's Registration Statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on August 27, 2025 [4].
江南喜讯!东源全球(天成智联)在纳斯达克主板挂牌上市
Sou Hu Cai Jing· 2025-08-29 08:20
Core Viewpoint - Dongyuan Global (Tiancheng Zhiliang) officially listed on NASDAQ under the stock code ELOG on August 28, 2025, becoming the sixth Zhejiang enterprise to go public in the US this year [1] Group 1: Company Overview - Dongyuan Global Co., Ltd. was established in the Cayman Islands and operates through its wholly-owned subsidiary, Hangzhou Tiancheng Zhiliang Logistics Supply Chain Management Co., Ltd., which conducts business in domestic and cross-border logistics services [3] - The company has eight operational entities in China, including five wholly-owned subsidiaries and three branch offices, covering major cities in mainland China, Hong Kong, Southeast Asia, and Central Asia [3] Group 2: Listing Process - The company initiated its listing plan in November 2022 and completed its exit from the New Third Board in February 2023 [3] - In March 2024, the company submitted a confidential prospectus to the SEC and filed for overseas listing with the China Securities Regulatory Commission (CSRC) [3] - The CSRC approved the listing in September 2024, and the SEC and NASDAQ granted permission for stock trading in August 2025 [3] Group 3: Financial Details - The listing adopted a "red-chip structure," with the company issuing 1,600,000 shares at a price of $4 per share, raising a total of $6,400,000 (approximately 45,760,000 RMB) [5] - The raised funds will be used for developing engineering project logistics in Southeast Asia, investing in equipment, developing logistics management systems, employee training, potential acquisitions, and general corporate purposes [5] - For the fiscal year ending March 31, 2024, the company reported revenue of $40,443,629, and for the fiscal year ending March 31, 2025, revenue was $40,041,691, with net profits of $1,083,700 and $1,780,026 respectively, indicating a 64.25% year-on-year profit growth for 2025 [5]
东源物流/天成智联,成功在美国纳斯达克上市
Sou Hu Cai Jing· 2025-08-29 06:39
Group 1 - Eastern International Ltd, the controlling shareholder of Suzhou Tiancheng Intelligent Logistics Co., Ltd, successfully listed on NASDAQ under the ticker ELOG on August 28, 2025 [4] - The company had previously filed a confidential registration statement with the SEC on March 22, 2024, and publicly disclosed its prospectus on September 3, 2024 [4] - Suzhou Tiancheng Intelligent Logistics, established in January 2006, provides domestic and cross-border logistics services and has obtained ISO9001 certification [5] Group 2 - On its first trading day, ELOG closed at $2.96 per share, down 26%, with a market capitalization of approximately $35.57 million [7] - The stock experienced a trading volume of 774,200 shares, with a price range of $2.80 to $3.60 during the day [8] - The average price for the day was $3.19, indicating significant volatility with a 20% price fluctuation [9]