Eastern International

General Information
Business:

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

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

Our project logistics 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 logistics services.

We primarily provide our logistics 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 logistics services in China for wind power turbine projects which were exported to numerous countries, including Vietnam, the UAE,  Australia, South Africa and Chile.

Our general logistics 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 logistics 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 machinery. 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 the China-Europe Railway Express to Europe.

The company owns 20 trucks. We have cooperative relationships with other owners and drivers for over 2,000 trucks for domestic long-distance transportation and less-than-carload (shipments of) goods. When we receive orders and projects, we make inquiries to these drivers/owners and ask them to provide a fee estimate for the job. If they provide a reasonable price or their prices are less than the cost of using our own trucks, we will engage these drivers to undertake the transportation.

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.)

Industry: Logistics Services - Arrangement of Freight & Cargo Transportation
Employees: 131
Founded: 2016
Contact Information
Address Suite 901-903, 9th Floor, Building #2, Qianwan Zhigu Chuanhua Smart CenterScience and Technology City Block Xiaoshan Economic and Technological Development Zone Xiaoshan District, Hangzhou, Zhejiang Province, China 311231
Phone Number + (86) -571-8235-6096
Web Address
View Prospectus: Eastern International
Financial Information
Market Cap $54.08mil
Revenues $40.5 mil (last 12 months)
Net Income $1.1 mil (last 12 months)
IPO Profile
Symbol ELOG
Exchange NASDAQ
Shares (millions): 1.6
Price range $4.00 - $5.00
Est. $ Volume $7.2 mil
Manager / Joint Managers Maxim Group LLC
CO-Managers
Expected To Trade: 3/10/2025
Day: Week of
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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