Business Introduction

Cross-Border Logistics Services

We provide integrated logistics services to our customers throughout the entire logistics process to deliver their cargo to the destination countries. Our integrated solutions cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery. We have accumulated transportation-related resources covering the entire logistics process to ensure the stability and reliability of our cross-border logistics services.

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Time Charter Services

We offer time charter services to our customers by hiring out various types of vessels owned by us or chartered in from third parties. We are responsible for providing seaworthy vessels with valid operating licenses and insurance, qualified crew members outsourced by qualified third parties for operating the vessels and the required repair and maintenance, while our customers are responsible for paying charter fees, fuel expenses and port charges and determining their shipping route.

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Competitive Advantages

01
An industry player with full capacity to integrate industry resources and provide integrated cross-border logistics solutions

Our integrated solutions cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery. Relying on our in-depth industry experience and insights into customer needs, we have developed a professional ability to enhance our service quality and operational efficiency in the major aspects of the cross-border logistics process, as well as our resource integration capabilities. We have established long-term and stable cooperative relationships with solid domestic and overseas third-party suppliers to provide logistics services, covering seaborne transportation, freight forwarding, ground transportation, warehousing, customs clearance and insurance procurement. With these resources, we have created an integrated logistics service system, with us being the gateway and core. Customers only need to interact with us to enjoy the integrated solutions formulated by us. We provide accessible and convenient cross-border transportation, overcoming various obstacles commonly faced by customers in different industries in the long and complex cross-border logistics chain.

02
Diversified service portfolio and flexible business model to ensure operational efficiency and optimized customer experiences

Relying on our resource integration capabilities, our integrated cross-border logistics solutions cover all major aspects of cross-border logistics. Our service portfolio covers key regions of cross-border logistics, including “deep-sea” countries in North America, Latin America, Europe and Australia and “short-sea” countries in Asia.

03
Broad internet service capabilities to provide customers with accessible and convenient service experiences

Customers may place online orders on the internet service system and complete the entire order process online, including to acquire service fee rate and shipping schedule, book shipment, confirm shipment and bill of lading, receive shipment alert, conduct account reconciliation, download electronic invoice and monitor shipment status. Standardized online operation and visualized shipment monitoring provide customers with an accessible and convenient service experience. In addition, our internet service system is capable of matching supply with demand, attracting new customers on the one hand and recruiting third-party service suppliers on the other hand. This has set an important foundation for our future integration to upgrade as a more comprehensive internet service platform, assisting us to attract new customers continuously and capture future development opportunities in the industry.

04
A steadily growing number of customers and new sources of customers in line with industry trend

Since our establishment in 2004, we have built a reputable brand and formed a high quality customer base through years of development. We have established stable relationships with our customers through long-term, professional and in-depth cooperation. The number of our customers grew steadily from 2020 to 2022. In addition, the average revenue per customer also continued to increase during the Track Record Period. In addition to traditional customers, we primarily focus on the development of cross-border e-commerce customers along with the rapid growth of China’s cross-border e-commerce industry. Rooted in China, we have a thorough understanding of the needs of cross-border e-commerce customers. E-commerce customers mainly operate on major cross-border e-commerce platforms and have high demand for cross-border transportation and visualized tracking service. Our integrated cross-border logistics services are in line with the industry trend of Chinese brands’ going overseas and can effectively fulfill their cross-border e-commerce transportation needs.

05
Experienced management team.

LC Logistics has an experienced management team and our key senior management team has an average of more than 15 years of industry experience.

Company News

The most prominent and recent results, presentations,and events from company can be found here.

LC Logistics
2023.08.18
LC Logistics

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LC Logistics
2023.08.18
LC Logistics

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LC Logistics
2023.08.18
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Investor Relations

Established in 2004, LC Logistics, Inc. (the “Company”, together with its subsidiaries, the “Group” or “LC Logistics”) has become an integrated cross-border logistics service provider after years of development. On September 25, 2023, LC Logistics, Inc. was listed on the Main Board of the Stock Exchange of Hong Kong with the stock code: 02490.

Growth Process

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March 2023

BAL GUANGZHOU SHIPPING CO., LIMITED was established.

March 2023

BAL GUANGZHOU SHIPPING CO., LIMITED was established.

December 2022

The company's own cross-border shipping network covers North America, Latin America, Europe, Australia, East Asia and Southeast Asia.

2019年12月

博亚(青岛)航运有限公司成立(持股45%);

2019年8月

收购博安航运有限公司,购入船舶M/V BAL BOAN(1050TEU);

2019年5月

并购上海丝金国际运输有限公司;

2019年4月

青岛万豪国际船舶管理有限公司成立;

2018年8月

乐舱航运有限公司新购船舶M/V BOYA(735TEU);

2018年3月

青岛博亚国际物流有限公司成立;

2018年1月

博安集装箱有限公司成立;

2018年1月

乐舱航运有限公司成立;

2017年1月

山东乐舱网入选创新层;

2017年1月

宁波博亚国际物流有限公司成立;

2016年8月

山东乐舱网新三板挂牌;

2015年11月

上海涵运青岛分公司成立;

2015年6月

博亚集团控股(香港)有限公司成立;

2015年3月

上海涵运网络科技有限责任公司成立;

2012年8月

博亚国际海运有限公司成立;

2009年1月

厦门分公司成立;

2008年1月

宁波分公司成立;

2007年9月

上海分公司成立;

2004年11月

山东乐舱网国际物流股份有限公司成立;

FAQ

What is the ticker symbol of LC Logistics?

On September 25, 2023, LC Logistics, Inc. (the “Company”, together with its subsidiaries, the “Group” or “LC Logistics”) was listed on the Main Board of the Stock Exchange of Hong Kong with the stock code: 02490.

What is the main business of the company?

Cross-Border Logistics Services and Time Charter Services

What is the current market capitalization of the company?

1.371 Billion