Hong Kong advises on the H share listing of China’s largest intralogistics equipment solution provider on Hong Kong Stock Exchange

Global law firm Norton Rose Fulbright advised Haitong International Capital Limited, the sole sponsor and sole global coordinator, in relation to the global offering and listing of the H shares of FOLANGSI CO., LTD (“Folangsi”, 2499.HK) on the Main Board of the Hong Kong Stock Exchange. 

As China’s largest intralogistics equipment solution provider, Folangsi provides online and offline integrated one-stop-services for industrial and logistics enterprises to lease, repair and sell complete machines and accessories. The majority of the financing will support Folangsi in enhancing their service capabilities, improving customer coverage and expand the range of in-field logistics equipment. 

The Norton Rose Fulbright team was led by partners Psyche Tai, Doris Ng and Harold Tin. They were supported by counsel Aldo Chan and senior registered foreign lawyer Yiqing Ding. 

Psyche Tai, the head of Norton Rose Fulbright’s Hong Kong office and capital markets practice, commented: “It has been a delight to advise on the H share listing of Folangsi, in support of its commitment to promoting the optimisation of the logistics supply chain and efficiency.” 

This project marks our team’s third tech IPO in Hong Kong completed this year.