Folangsi is a Chinese company that provides comprehensive intralogistics equipment solutions, offering a wide range of forklifts and related services. Unlike traditional manufacturers, Folangsi primarily operates as a service provider and equipment lessor, and is the largest intra-logistics equipment solutions provider in China by revenue. The company has been listed on the Hong Kong Stock Exchange since November 2023.
Company Overview
Guangzhou Folangsi Co., Ltd. was founded in 2001 and is headquartered in Guangzhou, Guangdong Province. The company is ISO9001-certified and was the first forklift parts trading enterprise in China to achieve this certification. As of 2025, Folangsi operates a rental fleet of over 60,000 units, supported by nearly 100 directly-operated service outlets across 87 cities in China. Key milestones in the company's history include a rebranding to "Folangsi" in 2010 and its listing on the Hong Kong Stock Exchange in 2023.
Product Lineup
Folangsi offers a comprehensive range of intralogistics equipment, including:
Electric Forklifts
Available in 1.0 to 3.0-ton capacities
Key model: FB Series (1.5 to 2.5 tons)
Powered by robust traction batteries; zero emissions, quiet operation
LPG / Gasoline Forklifts
FG Series: 2.0 to 3.5-ton capacities
LPG is a clean-burning fuel that reduces component wear
Other Equipment
Diesel forklifts, reach trucks, walkie stackers, pallet trucks, and electric stackers
Parts Supply
A wide range of parts for major brands including Toyota, TCM, Komatsu, Nissan, Mitsubishi, Linde, Hyster, and Yale
Business Model and Core Advantages
Folangsi's business model includes four key segments:
Forklift Rentals: Offers subscription services for a range of equipment including counterbalanced forklifts, reach trucks, and warehouse trucks. This includes equipment selection, on-site training, and general maintenance.
Forklift Sales: Provides new and used intralogistics equipment and parts.
Maintenance and Repair: Offers essential maintenance and repairs for equipment, with on-site services available.
Parts Sales: Supplies genuine and aftermarket parts for various forklift brands.
Technology and Innovation
Folangsi leverages IoT and digital technology via an Intelligent Asset and Operation Management Platform, enabling real-time monitoring of equipment status and performance. This "smart" approach focuses on optimizing fleet management and client operations.
Summary
Folangsi is a leading Chinese intralogistics solutions provider. Offering a full spectrum of electric, LPG, gasoline, and diesel forklifts from 1.0 to 3.5 tons, its unique strength lies in its comprehensive service model encompassing rental, sales, maintenance, and parts supply. With a rental fleet of over 60,000 units and a nationwide service network, Folangsi provides complete, technology-driven forklift solutions for businesses of all sizes.
