Group 1 - Dongyuan Global (Tiancheng Zhili) is set to list on NASDAQ, potentially becoming the sixth Zhejiang-based company to go public in the US this year [1] - The company plans to issue 1.6 million shares at a price range of $4 to $5 per share, aiming to raise up to $8 million [1] - Dongyuan Global's headquarters is located in Hangzhou, and it operates as a logistics company providing domestic and international transportation, warehousing, urban distribution, and international freight forwarding services [4] Group 2 - The funds raised from the IPO will be allocated to the development of logistics operations in Southeast Asia, equipment upgrades, operational efficiency improvements, potential acquisitions, working capital, and other general corporate purposes [4] - For the twelve months ending March 31, 2025, Dongyuan Global reported revenues of $40.04 million, a slight decrease from $40.44 million the previous year, with net profits of $1.78 million compared to $1.08 million in the prior year [4]

Core Insights - The National Development and Reform Commission has announced the inclusion of 30 national logistics hubs, with Shenyang and Dalian being selected as key logistics hubs [1][2] - National logistics hubs are critical nodes in the national logistics network, serving as important platforms and backbone hubs to drive regional economic growth [1] - Over 60% of the newly added logistics hubs are closely related to regional industrial development and consumption, supporting the "industrial cluster + logistics hub" collaborative development model [1] Shenyang Logistics Hub - The Shenyang land port logistics hub is centered around the China-Europe Railway Express (Shenyang) assembly center, featuring key functional areas such as automobile rail transfer, bonded logistics, and cross-border e-commerce [1] - The hub aims to enhance logistics efficiency and reduce costs, with a focus on building an "information connectivity platform" for customs and railway operations, improving collaborative operational efficiency by over 50% [1] Dalian Logistics Hub - The Dalian commercial service logistics hub consists of two functional areas, adjacent to ports, airports, and Dalian North Station, and includes various specialized trading markets and urban logistics distribution centers [2] - In 2024, the hub is projected to handle a cargo throughput of 43.6 million tons and 700,000 roll-on/roll-off vehicles, accounting for over 95% of the Northeast region's seafood unloading and transshipment and over 90% of cross-sea logistics vehicle transport [2]