We handle domestic and cross-border logistics. (Incorporated in the Cayman Islands)

We, through Suzhou TC-Link, provide domestic and cross-border professional logistic services including project logistic and general logistic for company clients. Suzhou TC-Link was established on January 9, 2006 in Jiangsu Province, China. 

Our project logistic services mainly include construction project logistics and special cargo logistics for large or precision equipment. Construction project logistics range from a certain stage or the entire process of construction projects, including purchase, packaging, storage, loading and unloading, transportation, fixation, installation of the equipment and machinery for construction as well as other related logistic services. We primarily provide our logistic solution services for new energy projects (including wind power turbine, photovoltaic, renewable energy storage, etc.), chemical equipment, engineering and infrastructure construction projects (including roads and bridges, tunnel construction). Special cargo logistics for large or precision equipment refer to logistic services to the manufacturers or purchasers of special and customized large and/or precision equipment, such as stamping machines, lathe, aircraft engines, and others. We study the operations of our clients, analyze their logistics needs and provide them with specific solutions which will improve the cost efficiency and achieve higher services’ quality). We have provided logistic services in China for wind power turbine projects which were exported to numerous countries, including Vietnam, UAE, Australia, South Africa and Chile.

Our general logistic services refer to the transportation, warehousing, loading and unloading, and distribution of ordinary products. For instance, we provide logistic services for household appliances manufacturers, including the transportation of goods from manufacturing factories to warehouses, and to distributors’ warehouses nationwide, according to customers’ instructions. Delivery can be made in whole truckload or less-than truckload. We have built a network with subsidiaries and offices in Suzhou, Wuxi, Yancheng, Chengdu, Chongqing, Guangzhou, Shenzhen, Kunming, and Mohan, covering most  major cities and areas in China.

The Company has offered its cross-border logistic services since 2019, with the focus mainly on inland transportation and railway transportation between Mainland China and Southeast Asia countries for cargoes such as bulk commodities, electronic products, tires, new energy equipment and other machineries. For example, we completed transportation from Laos to China of 707 units of 40ft containers, 914 units of 20ft containers and 244 units of open top containers for rubber, iron ore, barley and Cassava starch in 2022. We also provided service for the shipment of washing machines through China-Europe Railway Express to Europe.

The Company owns 20 trucks and has cooperative relationships with other owners and drivers for over 2,000 trucks for domestic long-distance transportation and less than carload goods. When we receive orders and projects, we make inquires to these drivers/owners and ask them to provide a fee estimate for the job. If they provide reasonable price or their prices are less than costs for which we use our own trucks, we will engage these drivers to undertake the transportation. We will provide them with time and location to load the goods and provide name, contact information and license plate of the driver and truck to our clients. After the delivery is completed, we will collect payment from the clients and pay such drivers directly. The Company also has 4 warehouses/logistic centers in three different provinces, with a total of over 30,000 square meters areas providing general and special storage, distribution and value-added services to clients.

Our total revenues increased approximately by $16.3 million, or 67.4%, from approximately $24.2 million for the year ended March 31, 2023 to approximately $40.5 million for the year ended March 31, 2024. Our net income decreased by approximately $0.1 million, or 8.9%, from net income approximately $1.2 million for the year ended March 31, 2023 to net income approximately $1.1 million for the year ended March 31, 2024.

Note: Net income and revenue are for the year that ended March 31, 2024. 

(Note: Eastern International filed its F-1 on Sept. 3, 2024, disclosing terms for its micro-cap IPO: 1.6 million shares at a price range of $4.00 to $5.00 to raise $7.2 million, if priced at the $4.50 mid-point of its range. Background: Eastern International submitted confidential IPO documents to the SEC on March 22, 2024.)