Inactive Instrument

Folkup Development Inc.

Equities

FLDI

US34431P1021

Passenger Transportation, Ground & Sea

First Gain Global Limited acquired SinoPower Solar Investment Co. Limited from Folkup Development Inc. for HKD 8 million.

June 24, 2021

First Gain Global Limited entered into an agreement to acquire SinoPower Solar Investment Co. Limited from Folkup Development Inc. for HKD 8 million on May 31, 2021. First Gain Global Limited completed the acquisition of SinoPower Solar Investment Co. Limited from Folkup Development Inc. on June 22, 2021.

Latest news about Folkup Development Inc.

Folkup Development Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	22-04-12	CI
First Gain Global Limited acquired SinoPower Solar Investment Co. Limited from Folkup Development Inc. for HKD 8 million.	21-06-24	CI
Folkup Development Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-24	CI
Folkup Development Inc. Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-31	CI
Powertech Holdings Company Limited acquired Folkup Development Inc. in a reverse merger transaction.	20-11-26	CI
Folkup Development Inc. Reports Earnings Results for the Third Quarter Ended August 31, 2020	20-10-15	CI
Benson Wu acquired a 78.9% stake in Folkup Development Inc. from Milena Topolac Tomovic.	20-10-14	CI
Folkup Development Inc. Announces Resignation of Milena Topolac Tomovic as Director, President, Secretary and Treasurer	20-08-27	CI
Folkup Development Inc. Reports Earnings Results for the Second Quarter Ended May 31, 2020	20-07-07	CI
Folkup Development Inc. Reports Earnings Results for the First Quarter Ended February 29, 2020	20-04-01	CI
Folkup Development Inc. Reports Earnings Results for the Full Year Ended November 30, 2019	20-02-28	CI
Folkup Development Inc. Reports Earnings Results for the Third Quarter Ended August 31, 2019	19-10-15	CI
Folkup Development Inc. Reports Earnings Results for the Second Quarter Ended May 31, 2019	19-07-11	CI
Folkup Development Inc. Reports Earnings Results for the First Quarter Ended February 28, 2019	19-03-25	CI
Folkup Development Inc. has completed an IPO.	18-04-25	CI
Folkup Development Inc. has filed an IPO in the amount of $0.09 million.	17-03-24	CI

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Company Profile

Folkup Development Inc. is a development-stage company. The Company focuses on selling or leasing means of ecological urban transportation to companies arranging events, such as exhibitions of any kind or conferences. These items are commonly known under the names: a segway, a gyro-scooter or a self-balanced two-wheeled scooter, a self-balanced mono-wheeled scooter and a two-wheeled hoverboard. The Company plans to offer its services to airports, where they will be able to lease those units to passengers who are in a rush to their terminals, the ones who want to avoid the fatigue after covering large distances between terminals, or the ones with troubles to walk. It also focuses on granting every customer a free training course on how to drive the gyro vehicles and maintain them, what issues may happen due to misuse and how to prevent them, as well as fix minor issues. As of March 24, 2017, the Company has not generated any revenues.

Sector

Passenger Transportation, Ground & Sea

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