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 2019

 

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 x Form 40-F o

 

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 26, 2019, the Registrant’s CFO Gilbert Lee submitted his resignation to the board of directors (the “Board”) as the CFO. The Board approved the resignation and appointed Meihong Pan as the Interim CFO. The resignation and appointment will be effective on November 29, 2019. There is no disagreement between Gilbert Lee and the Registrant. Gilbert Lee will remain with the Registrant as a consultant.

 

Xinfu Hu, the CEO said, “On behalf of our executive team, I would like to thank Gilbert for his contributions since our IPO in 2015. As the CFO, Gilbert championed company-wide efforts to create shareholder value. We wish Gilbert the best in his future endeavors.”

 

Ms. Pan has been serving as the financial controller of Taizhou Fuling Plastics Co., Ltd., the Registrant’s major PRC subsidiary, since 2006. Ms. Pan does not have a family relationship with any director or executive officer, whether existing or prospective, of the Registrant. Ms. Pan will report directly to the CEO.

 

Exhibits

No.

  Description
99.1   Press release dated November 29, 2019, titled “Fuling Global Announces Chief Financial Officer Transition”

 

 

 

 

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 29, 2019 By: /s/ Xinfu Hu
  Name: Xinfu Hu
  Title: Chief Executive Officer

  

 

 

 

 

 

Exhibit 99.1

 

 

 

Fuling Global Announces Chief Financial Officer Transition

- Gilbert Lee Shifts from CFO Post to

Company Consultant, Focused on Global Expansion Initiatives -

 

- Meihong Pan, Currently Financial Controller, Named Interim CFO -

 

WENLING, Zhejiang Province, China and ALLENTOWN, Pennsylvania, November 29, 2019 –Fuling Global Inc. (Nasdaq: FORK), (“Fuling Global” or the “Company”), a manufacturer and distributor of environmentally friendly plastic and paper foodservice disposable products, today announced that Gilbert Lee has relinquished his position as Chief Financial Officer and will remain with Fuling Global as a consultant. Mr. Lee had been CFO since before the Company’s initial public offering in 2015. In his new consulting role, he will focus on global expansion and associated operations initiatives and will assist with the CFO transition.

The Company also announced it has named Meihong Pan as Fuling Global’s interim CFO, and it has initiated a search for a CFO. Ms. Pan has been Fuling Global’s financial controller since 2006 and has been with Fuling Global since 2004.

Fuling Global established its first manufacturing facility outside of China, in Allentown, Pennsylvania, in 2015. Earlier this year, the Company opened a manufacturing plant in Monterrey, Mexico, and plans to open a manufacturing plant in Semarang, Indonesia in 2020.

About Fuling Global Inc.

 

Fuling Global Inc. manufactures and distributes plastic and paper serviceware for the foodservice industry, with precision manufacturing facilities in the U.S., Mexico and China. The Company's plastic and paper serviceware products include disposable cutlery, drinking straws, cups, plates and other plastic and paper products and are used by more than one hundred customers primarily from the U.S., China 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 as defined by the Private Securities Litigation Reform Act of 1995. Actual results, including, but not limited to, the timing of opening a new facility in Indonesia, 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. Fuling Global disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

 

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Company Contact: Investor and Media Relations Contact:
Fuling Global Inc. PondelWilkinson Inc.
Gilbert Lee Judy Lin Sfetcu / Roger Pondel
Email: glee@fulingusa.com Email: jsfetcu@pondel.com
Phone: +1-610-366-8070 x1835 Phone: +1-310-279-5980