Folangsi Co Ltd is a China-based company principally engaged in the provision of intralogistics equipment solution. The Company operates its businesses through three segments. Intralogistics Equipment Subscription Services segment provides intralogistics equipment to customers for their usage with value-added services. Maintenance and Repair Services segment provides on-site maintenance and repair services to customers for their intralogistics equipment. Sales of Intralogistics Equipment and Parts segment mainly engages in the sales of new and used intralogistics equipment to enterprises in China, and intralogistics equipment parts to enterprises in China and abroad. The Company mainly conducts its businesses in the domestic market and overseas markets.

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