Wang Xiangyu agreed to acquire 5.54% of stake in Goldlok Holdings(Guangdong) Co.,Ltd. from Puning Garden Cultural Articles Co., Ltd., Xingchang Plastics Hardware Factory Co., Ltd., Puning XinHonghui Industrial Investment Co., Ltd. and Yang Guangcheng for approximately CNY 110 million.
November 21, 2022
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Wang Xiangyu agreed to acquire 5.54% of stake in Goldlok Holdings(Guangdong) Co.,Ltd. (SZSE:002348) from Puning Garden Cultural Articles Co., Ltd., Xingchang Plastics Hardware Factory Co., Ltd., Puning XinHonghui Industrial Investment Co., Ltd. and Yang Guangcheng for approximately CNY 110 million on November 17, 2022. Wang Xiangyu paid CNY 2.187 per each share. Yang Guangcheng will sell 19,407,200 shares, Puning Garden Cultural will sell 6,400,000 shares, Puning XinNanhua Industrial will sell 6,104,000 shares, and Xingchang Plastics will sell 20,564,640 shares.
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.
Wang Xiangyu agreed to acquire 5.54% of stake in Goldlok Holdings(Guangdong) Co.,Ltd. from Puning Garden Cultural Articles Co., Ltd., Xingchang Plastics Hardware Factory Co., Ltd., Puning XinHonghui Industrial Investment Co., Ltd. and Yang Guangcheng for approximately CNY 110 million.