ELOG | Market Cap: $10.5M (07/13/26)
Industry:
Transportation Real Estate Development & Services
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DESCRIPTION

Eastern International, operating through its Chinese subsidiary Suzhou TC-Link, provides logistics services to corporate clients in China. The core business is project logistics — managing the transport of oversized, heavy, or precision cargo such as wind turbines, photovoltaic equipment, chemical machinery, and aircraft engines. These jobs are complex, often involving route surveys, road modifications, and specialized equipment, and can cover the full process from packaging through installation. Customers include major state-owned enterprises and listed companies in China's renewable energy, chemical, and infrastructure sectors. A smaller portion of the transportation business handles general logistics — routine transport, warehousing, and distribution — primarily for household appliance manufacturers. Beyond transportation, Eastern International subleases warehouse space across five facilities, leasing from landlords and re-leasing to customers to earn a rent spread. Eastern International sells directly to large corporate clients and operates an asset-light model, owning only 20 trucks while relying on a network of over 2,000 owner-operators engaged on a per-job basis. This keeps fixed costs low and allows capacity to flex with demand. Contract prices are negotiated individually based on distance, cargo dimensions, and insurance requirements. Eastern International is pursuing growth through expansion into Southeast Asia alongside existing clients, new verticals like aerospace components, extended services including installation and maintenance, and M&A to scale capacity.

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