Loctek began running warehouses in 2013 expanded into public warehouses in 2020, and has experienced significant growth. Loctek has 21 self-operated warehouses totaling 7,125,000 square feet worldwide by 2024, with locations in the US, Germany, UK, etc.

Lecangs has 15 years of experience in e-commerce and 13 years in warehouse operations. They have supplied services to approximately 1,000 foreign trade firms, including initial sea freight, warehousing, and tailgate delivery, while also supporting their own e-commerce business.

Lecangs is currently building a warehouse of approximately 1 million square feet in Ellabell, Georgia, USA. The anticipated cost of construction is $78 million. This will fully utilize the advantages of self-built warehouses.

With more land reserves converted into warehouses, the self-built warehouses will increase the Company’s warehousing service capacity and competitiveness, promoting the long-term development of the public warehousing and logistics industry.

In the long term, the cost of owning a self-built warehouse is one-third to one-half that of leasing an international warehouse. By expanding the number of self-built warehouses, we may effectively lower the cost of storage properties while improving our competitive edge.