Folangsi Co., Ltd. (Stock code: 2499) has been successfully listed on the Main board of the HKEX on 10 Nov 2023, the maximum fund raising size is HK$196M.

Folangsi Co Ltd is a China-based company primarily engaged in the business of providing intralogistics equipment solutions. The Company operates its businesses through three segments. The Intralogistics Equipment Subscription Services segment is principally engaged in the provision of intralogistics equipment with value-added services. The Maintenance and Repair Services segment is mainly engaged in providing on-site maintenance and repair services for intralogistics equipment. The Sales of Intralogistics Equipment and Parts segment is principally engaged in the sales of new and used intralogistics equipment and intralogistics equipment parts. The Company mainly conducts its businesses in the domestic market and overseas markets. 

CBI is honoured to be engaged in providing Due Diligence service with regards to this listing application.