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.

Insights

Corporate Strategy Analyst

Acquisition gives Eastern International direct construction qualifications to enter power and steel-structure engineering, broadening service scope and revenue streams.

Eastern International completed the acquisition of Guizhou Minji on October 27, 2025, gaining statutory Grade II qualifications that allow the company to independently execute power generation projects (unit capacity ≤ 200 MW), power transmission and transformation projects up to 220 KV, 10 KV distribution networks, and most steel structure work. This converts the firm from a pure logistics provider into an integrated solutions vendor able to offer construction, equipment installation, and transmission-line work alongside logistics services.

Key dependencies and risks include successful operational integration of Guizhou Minji, the ability to staff and manage construction projects to regulatory and safety standards, and execution capability on medium-voltage electrical works. The announcement claims potential for higher margins and deeper client stickiness, but those outcomes depend on winning contracts and delivering projects on budget and on schedule.

Watchable items and timing: contract awards or backlog wins referencing the new qualifications, first-quarter post-acquisition project starts and revenue recognition, and any public disclosure of construction margins or project pipeline over the next 12 months. Also monitor execution metrics (project milestones, safety/compliance notices) as near-term indicators of whether the company converts capability into sustainable revenue.

HANGZHOU, China, Oct. 27, 2025 /PRNewswire/ -- Eastern International Ltd. ("Eastern International" or the "Company") (NASDAQ: ELOG), a provider of domestic and cross-border professional logistic services including project logistic and general logistic for Company clients, today announced that Hangzhou TC-Link Logistics Supply Chain Management Co., Ltd. ("Hangzhou TC-Link"), a wholly owned subsidiary of the Company, has entered a "Share Transfer Agreement" with the shareholders of Guizhou Minji Construction Engineering Co., Ltd. ("Guizhou Minji") to acquire 100% equity interest of Guizhou Minji. The acquisition was completed on October 27, 2025 and Guizhou Minji has become an indirectly wholly-owned subsidiary of the Company.

Guizhou Minji holds key industry permits/qualifications for power engineering projects——China's "Grade II Power Engineering Construction General Contracting Qualification," "Grade II Steel Structure Engineering Contracting Qualification," and "Grade II Power Transmission and Transformation Engineering Professional Contracting Qualification." Through this acquisition, Eastern International now possesses the statutory qualifications to independently undertake "power generation projects with individual unit capacity ≤ 200 MW", "power transmission and transformation projects up to 220 KV", "10 KV power distribution network projects," as well as same voltage-level new energy, energy storage, and smart grid projects. Additionally, the Company can now undertake over 90% of steel structure projects in conventional municipal, industrial, and civil fields, including the installation, debugging, and construction of substations, transmission lines, and various power facilities with medium and lower voltage ratings.

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 Cayman Islands. The Company, through Suzhou TC-Link Logistics Co., Ltd. ("Suzhou TC-Link") and Hangzhou TC-Link Logistics Supply Chain Management Co., Ltd., both wholly owned subsidiaries of the Company, provide domestic and cross-border professional logistic services including project logistic and general logistic for Company clients. Suzhou TC-Link was established on January 9, 2006, in Jiangsu Province, China. Suzhou TC-Link has obtained the internationally recognized IS09001 certificate of high-quality service (2015 standard), and it has 4 wholly owned subsidiaries and 5 warehouses/logistic centers and 3 branch offices of its subsidiaries in China. Suzhou TC-Link's operating network covers key cities in mainland China, Hong Kong, Southeast Asia and Central Asia.

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 

View original content to download multimedia:https://www.prnewswire.com/news-releases/eastern-international-ltd-acquires-guizhou-minji-to-expand-logistics-into-power-engineering-field-302595252.html

SOURCE Eastern International Ltd.

FAQ

What did Eastern International (ELOG) acquire on October 27, 2025?

Eastern International acquired 100% equity of Guizhou Minji, completed on October 27, 2025.

How does the Guizhou Minji acquisition affect ELOG's project qualifications?

ELOG gained Grade II power engineering, steel structure, and transmission qualifications enabling new construction capabilities.

What power generation work can ELOG now undertake after the ELOG acquisition?

The company can independently undertake power generation projects with unit capacity ≤200 MW.

What voltage levels can Eastern International handle after acquiring Guizhou Minji?

It can handle power transmission up to 220 KV and 10 KV distribution network projects.

Will the Guizhou Minji deal let ELOG work in new energy construction for wind and solar?

Yes; the acquisition enables ELOG to expand from logistics into foundation construction, equipment installation, and transmission line construction for wind and solar projects.

How will the acquisition likely affect ELOG's service offering and client relationships?

Management expects the deal to enable integrated engineering and logistics solutions, increasing client stickiness and market competitiveness.