Eastern International Business Summary

Eastern International Ltd. (ELOG) is a Cayman Islands-incorporated holding company that provides integrated freight and logistics services primarily through its Chinese operating subsidiary, Suzhou TC-Link Logistics. The company generates the majority of its revenue through its Transportation Services segment, which specializes in high-complexity project logistics for large-scale construction and precision equipment, alongside general logistics for ordinary goods. A secondary revenue stream is derived from Warehouse Subleasing Services, supported by a network of five logistics centers and three branch offices across China. As of early 2026, ELOG has pivoted aggressively into the renewable energy sector, securing multi-million dollar contracts for offshore wind and photovoltaic infrastructure projects, including the Hongze 62.5 MW Wind Farm. Its primary direct competitors include Haoxin Holdings (HXHX), Smart Logistics Global (SLGB), and Jayud Global Logistics (JYD), with ELOG positioning itself as a specialized small-cap player bridging traditional logistics with high-growth green energy infrastructure. The leadership team is led by Chairman and CEO Albert Wong, a veteran executive with over 30 years of industrial experience, including a 15-year tenure at General Electric where he served as CEO of GE Oil & Gas China and CEO of GE Industrial Solutions Asia Pacific. Wong is supported by Chief Financial Officer Chung Leung Cheung, who brings over four decades of financial management expertise from his previous role as General Manager of Finance at Eastern Worldwide Company, and Chief Operating Officer Lin Tan, who has overseen the company’s core logistics operations since the mid-2000s. As a "controlled company" under Nasdaq rules, ELOG is primarily owned by Eastern Worldwide Logistics Group Inc. and Eastern1 Holdings Ltd., which collectively hold over 65% of the voting power. The board is further strengthened by independent directors such as Shiu Wing Joseph Chow, a legal expert with extensive experience in Hong Kong’s commercial and intellectual property sectors.