Eastern International Ltd. Completed Two Major Offshore Wind Power Projects and Secured an Additional Large-Scale Offshore Transportation Contract for Yangjiang Project
Rhea-AI Summary
Eastern International (NASDAQ: ELOG) announced completion of two offshore wind projects as of Dec 31, 2025 — Jiangsu Yancheng Three Gorges Fenghai Dafeng and Jiangsu Guoxin Dafeng — with total installed capacity exceeding 1.6 million kW. The two contracts have combined value of more than RMB 49 million (approximately US$7.07 million, unaudited). Both projects included transportation and installation of turbine blades up to 110 meters, demonstrating the company's heavy‑haul capabilities. In addition, wholly owned subsidiary Suzhou TC‑Link secured an additional large offshore transportation contract with Guangdong Goldwind for the Yangjiang Project on Dec 20, 2025, covering road modification, port loading/unloading, sea transport and supporting services; the project is progressing as planned.
Positive
- Completed two offshore projects with >1.6 million kW installed capacity
- Contracts >RMB 49 million (≈US$7.07M) for the two completed projects
- Secured Yangjiang contract with Guangdong Goldwind on Dec 20, 2025
- Handled 110m turbine blades, showing heavy‑haul technical capability
Negative
- Contract values unaudited and subject to final audited financial statements
- Road modification required for oversize/overweight cargoes, adding complexity and potential cost
News Market Reaction
On the day this news was published, ELOG gained 3.36%, reflecting a moderate positive market reaction. Argus tracked a peak move of +27.5% during that session. Argus tracked a trough of -2.1% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $582K to the company's valuation, bringing the market cap to $18M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ELOG was down 9.15% pre-news. Peers showed mixed moves: JYD -7.83%, CJMB -17.93%, HXHX -7.34%, LSH +3.82%, PSIG +0.93%, and no peers in the momentum scanner, indicating a stock-specific move rather than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 24 | PV construction contract | Positive | +16.2% | First photovoltaic power project contract worth RMB 42.5M. |
| Nov 04 | Offshore wind revenues | Positive | -1.2% | Reported >RMB 45M revenue from Jiangsu offshore wind projects. |
| Oct 27 | Guizhou Minji acquisition | Positive | +4.0% | Acquisition expanding into power engineering and new-energy projects. |
| Aug 29 | IPO completion | Positive | +0.0% | Closed $6.4M IPO at $4.00 per share on Nasdaq listing. |
Recent company-specific announcements have usually seen positive or flat price reactions, with only one negative response to otherwise positive news.
Over the past few months, Eastern International has steadily expanded across new energy and logistics. The Aug 29, 2025 IPO raised $6.4M. On Oct 27, 2025, the company acquired Guizhou Minji to enter power engineering, which saw a 3.95% gain. Offshore wind logistics revenue over RMB 45M on Nov 4, 2025 drew a mild -1.19% move. The first photovoltaic construction contract on Dec 24, 2025 for RMB 42.5M coincided with a 16.2% rise.
Market Pulse Summary
This announcement highlights completion of two offshore wind projects with total capacity over 1.6 million kilowatts and contracts exceeding RMB 49M, plus a new large-scale Yangjiang logistics contract. These follow recent moves into photovoltaic construction and power engineering acquisitions, reinforcing a strategy around new energy infrastructure logistics. Investors may watch future disclosures on audited revenues, project margins, and additional contract wins to gauge how this pipeline translates into sustained financial performance.
AI-generated analysis. Not financial advice.
In addition, Suzhou TC-Link Logistics Co., Ltd. ("Suzhou TC-Link"), a wholly owned subsidiary of Eastern International, recently secured an additional large-scale offshore transportation contract with Guangdong Goldwind Technology Co., Ltd. ("Guangdong Goldwind") on December 20, 2025 for its "Yangjiang Project", which was originally announced by the Company on November 4, 2025. The newly signed contract covers road transportation, loading and unloading at port, sea transportation, and related supporting services. Notably, the road transportation will also involve road modification by Suzhou TC-Link for oversize and overweight cargos in order to complete the project. This offshore project logistic project is currently progressing as planned.
Mr. Lin Tan, Chief Operating Officer of Eastern International Ltd., commented, "Offshore wind power is a crucial part for clean energy development. Its power generation system is characterized with oversize in dimensions, excessive weight and high transportation difficulty, which places extremely high standards and requirements for logistics service providers. Guangdong Goldwind's decision to continue and expand its collaboration with Eastern International integrates the advantages of both parties in wind power equipment manufacture and specialized heavy-haul logistics, forming a stable and efficient synergy for both of us. Eastern International remains committed to achieving excellence in the field of offshore wind power project logistics."
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) complete by Dec 31, 2025?
How much are the combined contracts worth for ELOG's two completed projects?
What services does the Yangjiang contract for ELOG cover and when was it signed?
What turbine blade sizes did Eastern International handle in these projects?
Is the reported contract value for ELOG final in financial statements?
