SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For the month of November 2018

 

Commission File Number: 001-37602

 

Fuling Global Inc.

(Registrant’s name)

 

Southeast Industrial Zone, Songmen Town

Wenling, Zhejiang Province

People’s Republic of China 317511

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.:

 

Form 20-F              Form 40-F 

 

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(1): 

 

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(7): 

 

 

 

 

 

 

Explanatory Note:

  

On November 28, 2018, Fuling Global Inc. (the “Company”) issued a press release announcing the sale of its Sanmen factory.

 

The press release is attached as Exhibit 99.1 to this Current Report on Form 6-K.

 

Exhibits No.   Description
99.1   Press Release dated November 28, 2018.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  FULING GLOBAL INC.
     
Date: November 28, 2018 By: /s/ Gilbert Lee
  Name:  Gilbert Lee
  Title: Chief Financial Officer

 

2

Exhibit 99.1 

 

Fuling Global Inc. Announces Sale of Sanmen Factory for US$5.8 Million

 

ALLENTOWN, Pa., Nov. 28, 2018 /PRNewswire/ -- Fuling Global Inc. (NASDAQ: FORK) (“Fuling Global” or the “Company”), a specialized producer and distributor of plastic serviceware, with precision manufacturing facilities in both the U.S. and China, today announced that its wholly-owned subsidiary, Zhejiang Great Plastics Technology Co., Ltd. (“Great Plastics”) signed sales contracts (the “Contracts”) to sell the real properties previously used as one of its manufacturing factories in China (aka, the “Sanmen Factory” as previously disclosed) to Zhejiang Zhongye Packaging Technology Co. Ltd. (“Zhongye Packaging”), an unrelated third party, for total cash consideration of RMB 40.2 million (approximately US$5.8 million).

 

Pursuant to the Contracts executed on November 22, 2018 by and between Zhongye Packaging and Great Plastics, the transaction is for sales of four adjacent industrial properties at Binhai Xincheng, located in Sanmen County, Taizhou City with combined land and floor areas of 30,349 square meters and 33,480 square meters, respectively. These properties include three factory buildings and a dormitory building. The transaction doesn’t include sales of any of the machines and equipment previously used at the Sanmen Factory. The Company plans to relocate all related machines and equipment to its new Wenling Factory in the next two to three weeks and expects minimal disruption to its normal operation.

 

About Fuling Global Inc.

 

Fuling Global Inc. (“Fuling Global”) is a specialized producer and distributor of plastic serviceware, with precision manufacturing facilities in both the U.S. and China. The Company’s plastic serviceware products include disposable cutlery, drinking straws, cups, plates and other plastic products and are used by more than one hundred customers primarily from the U.S. and Europe, including Subway, Wendy’s, Burger King, Taco Bell, KFC (China only), Walmart, and McKesson. More information about the Company can be found at: http://ir.fulingglobal.com/.

 

Forward-Looking Statements

 

This press release contains information about Fuling Global’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of software and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Fuling Global encourages you to review other factors that may affect its future results in Fuling Global’s annual report and in its other filings with the Securities and Exchange Commission.

 

For more information, please contact:

 

At the Company:
 

Gilbert Lee, CFO
Email: ir@fulingplasticusa.com
Phone: +1-610-366-8070 x1835
Web: http://ir.fulingglobal.com/

 

Investor Relations:
 

Tony Tian, CFA
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1-732-910-9692