At 9:30 am on November 10, 2023, Folangsi Co., Ltd. (Stock Code: 02499.HK), a leading company in China's in-field logistics equipment solutions, was successfully listed on the main board of the Hong Kong Stock Exchange and became the first company to own shares of China’s On-site logistics equipment solutions. It achieved another important milestone in the company's development history.

r. Hou Zekuan,Chairman of the Board of Directors (right) and Mr. Hou Zebing,General Manager (left) of Folangsi

Leaders and guests attending the unveiling ceremony

Since its establishment in 2007, Folangsi has been committed to providing customers with efficient and high-quality solutions for the whole life cycle of on-site logistics equipment. With excellent product quality and professional service, the company has won wide recognition from customers and high praise from the industry. Currently, Folangsi has 67 offline service outlets in 47 cities across China and manages more than 40,000 units of logistics equipment.

As a leading provider of on-site logistics equipment solutions in China, Folangsi will stand on a new starting point, continuously develop and optimize the solution of on-site logistics equipment, expand the category of on-site logistics equipment, and continue to build the intelligent asset operation management system to realize the efficient management of the equipment, provide high-quality and efficient services to our customers.

The company has been working hard for decades and finally realized its dream of going public today. This is not only a milestone in the company's development, but also a major event in China's on-site logistics equipment industry. We firmly believe that with this persistence and belief, Folangsi will continue to write glorious chapters in the future, provide customers with better and more efficient services, and lead China's on-site logistics equipment industry to new heights!