Eastern International acquires Guizhou Minji to expand into power engineering

Eastern International’s (ELOG) wholly owned subsidiary Hangzhou TC-Link has acquired Guizhou Minji Construction 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 less than or equal to 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.