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]