Transten Global Group Limited
General Information | |
Business: | We are a holding company based in China. Through our operating subsidiaries in China, we are involved in transporting and delivering goods from China to overseas destinations. (Incorporated in the Cayman, Islands)Through our operating entities, we are a fast-growing cross-border supply chain services provider in China, providing services involving the transportation and delivery of goods from China to overseas destinations.The operating entities offer one-stop integrated services from parcel pick-up to warehouse storage, international shipping, customs clearance and destination delivery. Since Chengtian International’s establishment in 2018, the operating entities have gradually extended their footprint from China across the world by continuing to extend the reach of their cross-border supply chain services, with a global network primarily covering 32 countries in the fiscal year ended Dec. 31, 2023, and in the six months that ended June 30, 2024. The operating entities stand out in the cross-border supply chain industry for the fast delivery speed and high-quality service they provide, as well as their pioneer status in the high-efficiency last-mile delivery of parcels originating from China to destinations in the UK and Australia. On average, parcels leaving China take 48 to 96 hours to reach final destinations. The shortest shipping time that the operating entities are able to provide is 48 hours to destinations in the UK, 72 hours to destinations in the United States, and 72 hours to destinations in Australia. In addition, according to the Frost & Sullivan Report, we, through the operating entities, are one of the first China-based cross-border supply chain service providers with established local courier operations in the UK.The operating entities provide China-based cross-border supply chain services under two separate lines of business: business-to-consumer (“B2C”) business, which started at the same time as Chengtian International’s establishment and engages individual customers, and business-to-business (“B2B”) business, which engages business customers. The B2B business was launched in the fourth quarter of 2022,Note: Net income and revenue are for the 12 months that ended June 30, 2024.(Note: Transten Global Group Limited filed its F-1 on Oct. 29, 2024, without disclosing the terms for its IPO; estimated proceeds are $10 million. Background: Transten Global Group submitted confidential IPO documents to the SEC on June 21, 2024.)
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Industry: | Cross-Border Supply Chain Services - International Shipping |
Employees: | 273 |
Founded: | 2018 |
Contact Information | |
Address | Room 1805, Qianhai Xiangbin Building, No.18 Zimao West Street Nanshan District, Shenzhen The People’s Republic of China +86-75526663233 |
Phone Number | +86-75526663233 |
Web Address | https://www.233trans.com/ |
View Prospectus: | Transten Global Group Limited |
Financial Information | |
Market Cap | |
Revenues | $69.64 mil (last 12 months) |
Net Income | $1.47 mil (last 12 months) |
IPO Profile | |
Symbol | TTG |
Exchange | NASDAQ |
Shares (millions): | 0.0 |
Price range | $0.00 - $0.00 |
Est. $ Volume | $10.0 mil |
Manager / Joint Managers | Tiger Brokers |
CO-Managers | |
Expected To Trade: | |
Status: | TBA |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |