Eastern International Ltd. Acquires Guizhou Minji to Expand Logistics into Power Engineering Field
Rhea-AI Summary
Eastern International (NASDAQ: ELOG) completed the 100% acquisition of Guizhou Minji on October 27, 2025, making Guizhou Minji an indirectly wholly owned subsidiary.
Guizhou Minji brings China's Grade II qualifications for power engineering, steel structure, and power transmission/ transformation, enabling Eastern International to undertake power generation projects ≤200 MW, transmission up to 220 KV, 10 KV distribution networks, and >90% of conventional steel structure projects. Management says the deal expands services into construction, equipment installation, and new-energy engineering to pursue new revenue streams and higher margins.
Positive
- Acquisition of 100% Guizhou Minji completed on Oct 27, 2025
- Statutory Grade II power engineering qualifications acquired
- Can undertake power generation ≤200 MW projects
- Can undertake power transmission up to 220 KV
- Authorized for 10 KV power distribution network projects
- Able to execute >90% of conventional steel structure projects
Negative
- None.
News Market Reaction – ELOG
On the day this news was published, ELOG gained 3.95%, reflecting a moderate positive market reaction. Argus tracked a trough of -2.9% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $29M at that time.
Data tracked by StockTitan Argus on the day of publication.
Guizhou Minji holds key industry permits/qualifications for power engineering projects——
Mr. Lin Tan, Chief Operating Officer of Eastern International Ltd. commented, "this acquisition represents a significant strategic move for the Company, opening up opportunities of new business and revenue streams as well as higher profit margin for the Company. It enables the Company to offer integrated solutions, build differentiated competitive advantages and strengthen the Company's market position. In the new energy sector, whether wind or solar power, Eastern International can now expand its services from solely logistics transportation to foundational construction, equipment installation, and power transmission and transformation line construction. This will significantly enhance the Company's capabilities, increase strategic stickiness with existing clients, and simultaneously boost market competitiveness and service capacity for attracting new clients. It pioneers a new phase for the vertical business development of Eastern International."
"The successful completion of this acquisition will significantly enhance the Company's market competitiveness, particularly in the fields of new energy engineering and steel structure engineering construction, greatly boost the Company's performance. Eastern International will be a more diversified, multi-domain, and more specialized provider of engineering project solutions going forward." Mr. Lin Tan concluded.
About Eastern International Ltd.
Eastern International Ltd. (NASDAQ: ELOG) is a holding company incorporated in the
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the final prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Eastern International specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Contacts:
Eastern International Ltd.
Mr. Lin Tan
Tel: +86 0571-82356096
Email: ir@elogint.com
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SOURCE Eastern International Ltd.
FAQ
What did Eastern International (ELOG) acquire on October 27, 2025?
How does the Guizhou Minji acquisition affect ELOG's project qualifications?
What power generation work can ELOG now undertake after the ELOG acquisition?
What voltage levels can Eastern International handle after acquiring Guizhou Minji?
Will the Guizhou Minji deal let ELOG work in new energy construction for wind and solar?
How will the acquisition likely affect ELOG's service offering and client relationships?
