- CEO
- Yuen Leung Luk
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 123 West Nye Lane Carson City NV United States of America 89706
- IPO Date
- Jul 2, 2014
- Business
- Flywheel Advanced Technology, Inc. (FWFW) operates as a shell company pursuing long-term growth through business combinations while retaining a minority interest in Elison Virtus Company Limited; it sources and supplies warehouse patrol robots through its 85%-owned subsidiary Blue Print Global, Inc., which maintains an agency agreement with International Supply Chain Alliance Co., Ltd. for distribution in China. The company, founded in 2010 and headquartered in Carson City, Nevada, previously provided Internet of Things (IoT) solutions and services including IoT integration for enterprise and industrial applications in logistics, food and beverage, automation, and smart buildings; IoT maintenance and support; IoT projects, ventures, and business process outsourcing; low carbon property management; energy management; stock management; GreenTech management; and enhanced lifestyle management, primarily through its now-disposed subsidiaries QBS System Limited in Hong Kong and QBS System Pty Ltd in Australia serving clients across Hong Kong, Australia, and China. In July 2024, Flywheel completed the sale of its wholly-owned subsidiary Mega Fortune Company Limited—which held Ponte Fides Company Limited, QBS System Limited, and QBS System Pty Ltd—to Mericorn Company Limited in exchange for a 9.38% equity stake in Elison Virtus Company Limited valued at approximately $5.4 million; earlier changes include the March 2023 acquisition of QBS System Limited via share exchange for 8.9 million common shares, the November 2022 formation of Blue Print Global, Inc., a 1:100 reverse stock split and name change from Pan Global Corp. in 2022, and leadership transitions with Luk Yuen Leung as sole director and CEO in 2024 alongside the resignation of Tang Siu Fung.