Li Xuan completed the acquisition of 4.54% stake in Goldlok Holdings(Guangdong) Co.,Ltd. from Puning XinHonghui Industrial Investment Co., Ltd.
November 09, 2021
Share
Li Xuan agreed to acquire 4.54% stake in Goldlok Holdings(Guangdong) Co.,Ltd. (SZSE:002348) from Puning XinHonghui Industrial Investment Co., Ltd. for CNY 58.5 million on October 28, 2021. As a result of the transaction, seller reduced its stake from 10% to 5.46% in Goldlok Holdings(Guangdong).
Li Xuan completed the acquisition of 4.54% stake in Goldlok Holdings(Guangdong) Co.,Ltd. (SZSE:002348) from Puning XinHonghui Industrial Investment Co., Ltd. on November 10, 2021.
Goldlok Holdings Guangdong Co Ltd is a China-based company principally engaged in the research, development, production and sales of electronic and electric toys. The Company's main businesses include toy business and Internet education business. The toy business mainly provides products such as electric trains, interactive fighting robots, electric vehicles, wire-controlled simulation aircraft, smart girls, and environmentally friendly magnetic learning writing boards. The Internet education business mainly provides from kindergarten to 12th grade (K12) smart education comprehensive solutions, including education information solutions, education cloud platforms, three classrooms, education private networks, digital campuses, among others. The Company's brand is GOLDLOK. The Company is also engaged in wholesale and retail business.