Loctek Ergonomic Technology Corp. announced that the board of directors of the company has reviewed and approved the investment in the construction of the 'Apple Valley Overseas Warehouse Project' in California, USA. The construction engineering cost is estimated at 97 million US dollars (equivalent to about 0.7 billion RMB), and the wholly-owned subsidiary of the company, 6075 Lance LLC, is intended to be the investment entity for this investment. This investment is not a related party transaction and does not constitute a significant asset restructuring. The company stated that in order to further enhance the company's competitiveness, accelerate the development of the company's public overseas warehouse business, continue to promote overseas warehouse construction, optimize the layout of overseas warehouses, improve the company's cross-border logistics system, enhance the company's core competitiveness in public overseas warehouses, improve the company's performance, and strengthen profitability.
乐歌股份：拟投资建造美国加州Apple Valley海外仓项目
Loctek Ergonomic Technology Corp.: intends to invest in the construction of an overseas warehouse project in Apple Valley, California, USA.
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