L.C. Industrial (Hong Kong) Limited was established in Hong Kong in 1977, providing supply chain management services, sourcing solutions and distribution services for customers worldwide. In its early days, core business of the Group was outbound supply chain services. With decades of efforts in building up its core business as well as parallel development of innovative business opportunities, the Group has achieved a new level of com-petitiveness. Nowadays, LCI Group has grown up to a remarkable enterprise. Its business has built on the strength and solid foundation of its supply chain management business and has achieved success in a wide range of product verticals including building and architectural hardware, smart home products, consumer electronics and other licensing products. Supply chain management business targets the markets of Australia, Europe, America and Japan while the distribution business targets Hong Kong, China and Taiwan's markets.
Mr. Andrew Lee graduated from the University of Adelaide with a double degree in Law and Accounting. He is also an associate member of the CPA of Australia. Mr. Lee returned to Hong Kong in 2004 and joined the family business with an objective to expand and diversify LCI's business by heading a division focused in the distribution of consumer electronics as well as executing the company's brand strategy. Mr. Lee fore-sees the importance of diversifying the Group's business and reduce the reliance in OEM/ODM customers, thus, Mr. Lee has taken steps to implement a strategy that incorporates high growth smart home solutions and opportunities to incorporate into existing core products and market segments.
Mr. Lee believes that it is important to both maintain an outstanding performance for its core business and keeping in line with market trend to explore new opportunities. This can help to maintain the Group's com-petitiveness and bring impressive returns to its investors. Under Mr. Lee's management, LCI Group maintains a high quality of services in the supply chain management and sourcing business. Together with the rapid growth in its distribution and brand licensing business, the LCI Group is well positioned to be a flagship conglomerate in Asia.