• It's like a specialized FedEx for businesses.
• It's like a C.H. Robinson for time-critical freight and logistics.

Elite Express (ETS) Major Products/Services

• Expedited Shipping: Provides fast, time-critical delivery services for parcels, documents, and cargo across various distances.
• Premium Logistics Solutions: Offers integrated supply chain management, warehousing, and distribution services for businesses requiring high reliability and efficiency.
• Specialized Freight Transport: Handles and transports high-value, fragile, or oversized goods with custom solutions and enhanced security.
• Global Express & Customs Services: Facilitates international shipments with comprehensive customs brokerage and worldwide delivery networks.

Please note: "Elite Express" (symbol: ETS) appears to be a fictional public company. As such, the following information regarding its major customers is based on a plausible hypothetical business model for a company with this name and symbol.

Assuming Elite Express (ETS) operates as a major logistics, express parcel delivery, and supply chain solutions provider, its primary sales model would most likely be Business-to-Business (B2B). In this model, Elite Express would serve other corporations and large-scale enterprises that require extensive shipping and logistical support.

Based on this hypothetical B2B model, Elite Express's major customers could include:

• Global Commerce Solutions Inc. (Symbol: GCS) - A massive, multinational e-commerce aggregator and fulfillment service provider. GCS would rely on Elite Express for high-volume package delivery, last-mile logistics, and supply chain optimization across various regions.
• Tech Innovations Corp. (Symbol: TINC) - A leading global manufacturer of consumer electronics and advanced components. TINC would utilize Elite Express for time-sensitive supply chain logistics, secure transportation of high-value goods, and expedited distribution of finished products to markets worldwide.
• MediCare Pharmaceuticals Ltd. (Symbol: MCPL) - A major international pharmaceutical and biotech company. MCPL would partner with Elite Express for the secure, temperature-controlled transportation and specialized handling of medical supplies, sensitive biologicals, and essential pharmaceutical products.

null

Yidan Chen, Chief Executive Officer, President, and Director

Ms. Chen has served as CEO, President, and Director of Elite Express since January 2025. She possesses over 25 years of experience in investment management and executive leadership across both the U.S. and China.

Robert W. Cook, Chief Financial Officer and Principal Accounting Officer

Mr. Cook has served as CFO of Elite Express since November 2024. He brings extensive experience in SEC reporting, public company finance, and investor relations. He previously held the CFO position at CTNT and CorMedix (Nasdaq: CRMD).

Huan Liu, Chairman of the Board

Mr. Liu has served as Chairman of the Board since June 2024. He is also the founder and CEO of Cheetah Net (Nasdaq: CTNT) and has extensive experience in business development, investor relations, and corporate administration.

Ninoslav Vasic, Independent Director

Mr. Vasic is the CEO of Golden Consultancy Inc. and has a background encompassing project management, financial planning & analysis, business process management, financial management, and strategy development. He formerly held leadership roles at Credit Agricole Banking Group.

Adam Eilenberg, Independent Director

Mr. Eilenberg is the managing partner at Eilenberg & Krause LLP, with over 40 years of experience practicing corporate and securities law. He previously served as an independent director of CTNT.

• E-commerce giants such as Amazon and Walmart are significantly expanding their in-house logistics and delivery networks, reducing their reliance on third-party carriers for a substantial portion of their parcel volumes. This directly threatens the revenue and market share of established express delivery companies like Elite Express.
• The rise of gig-economy delivery platforms (e.g., Uber Direct, DoorDash Drive, Instacart) that are increasingly expanding beyond food delivery into general merchandise and last-mile logistics. These platforms offer flexible, on-demand services that can challenge traditional delivery models, particularly in urban areas and for smaller, urgent shipments.
• Specialized logistics technology companies and startups are aggressively developing and deploying autonomous delivery vehicles (both ground-based and drones) for last-mile delivery. While still in early stages of scaling, successful deployment by these new entrants could create a highly efficient, lower-cost alternative that disrupts Elite Express's existing last-mile operations and market position.

The main product or service offered by Elite Express (ETS) is last-mile delivery services. The company specializes in retrieving packages from distribution hubs and delivering them to recipients' doorsteps, operating exclusively within California.

While a specific market size for last-mile delivery services in California is not readily available, the addressable market for last-mile delivery services in the U.S. was approximately USD 37,743.3 million in 2023. This market is projected to grow to USD 62,419.8 million by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 7.5% from 2024 to 2030.

1. Expansion of Fleet and Delivery Capacity: Elite Express plans to expand its fleet, which will enable the company to increase its capacity for package pickup, transportation, and delivery services. This expansion is crucial for handling a larger volume of goods and reaching more customers.
2. Diversification and Growth of Client Base: The company aims to diversify its client base, indicating a strategy to acquire new customers beyond its existing clientele. This focus on broadening its customer portfolio is expected to drive increased demand for its last-mile delivery solutions.
3. Capitalizing on E-commerce Growth: Elite Express is strategically positioned to benefit from the ongoing expansion of the e-commerce sector. As an "emerging growth company" providing last-mile delivery services, it is looking to leverage the increasing volume of online shopping to boost its revenue.

Share Issuance

• Elite Express Holding Inc. completed its Initial Public Offering (IPO) on August 22, 2025, selling 3,800,000 shares of Class A common stock at $4.00 per share.
• The IPO generated gross proceeds of approximately $15.2 million, with net proceeds to the company being approximately $13.7 million.
• Underwriters were granted a 45-day option to purchase up to an additional 570,000 shares of Class A common stock at the IPO price.

Inbound Investments

• Elite Express received approximately $15.2 million in gross proceeds from its Initial Public Offering, which closed on August 22, 2025.

Capital Expenditures

• Elite Express reported capital expenditures of approximately $79,908 in the last 12 months (prior to November 2025).
• The company's capital allocation in this area focuses on strengthening its operational infrastructure through vehicle maintenance and staff training.
• Elite Express is actively investing in advanced technologies to enhance scalability, automate operations, and support data-driven decision-making.