Eastern International Ltd.

Eastern International Ltd. is a holding company incorporated in the Cayman Islands that conducts its business through its operating subsidiaries in China. The company owns 100% equity interest in all its subsidiaries, including its operating subsidiary in China, and does not utilize a VIE structure. Through Suzhou TC-Link, Eastern International Ltd. provides domestic and cross-border professional logistics services, encompassing both project logistics and general logistics for corporate clients. Suzhou TC-Link was established on January 9, 2006, in Jiangsu Province, China. Suzhou TC-Link holds the internationally recognized ISO9001 certificate of high-quality service (2015 standard). It operates with 4 wholly owned subsidiaries, 5 warehouses/logistic centers, and 3 branch offices of its subsidiaries within China. Suzhou TC-Link was recognized as a key logistics enterprise in Jiangsu Province in 2018 by the Industry and Information Technology Department of Jiangsu. It also received an AAA-level credit enterprise rating and a Class A contractor qualification for large power products transportation from the China Water Resources and Electric Power Material Circulation Association in 2021 and 2023, respectively, and an AAA-level logistics enterprise rating from the China Federation of Logistics & Purchasing in 2023. Both Suzhou TC-Link and Yancheng TC-Link possess road transportation permits from the transportation bureau for large-size items/cargo transportation. Suzhou TC-Link's business license also includes non-vessel operating common carrier business. Its operating network spans key cities in mainland China, Hong Kong, Southeast Asia, and Central Asia. Suzhou TC-Link utilizes an independently developed enterprise resource planning (ERP) management system. The company's project logistics services primarily include construction project logistics and special cargo logistics for large or precision equipment. Construction project logistics cover stages from a specific phase to the entire process of construction projects, including purchasing, packaging, storage, loading and unloading, transportation, fixation, and installation of equipment and machinery, along with other related logistics services. Eastern International Ltd. primarily provides logistics solutions for new energy projects (including wind power turbine, photovoltaic, renewable energy storage), chemical equipment, and engineering and infrastructure construction projects (including roads and bridges, tunnel construction).