Huatong Group Co., Ltd. completed the acquisition of 14% stake in Goldlok Holdings(Guangdong) Co.,Ltd. from Xingchang Plastics Hardware Factory Co., Ltd.
March 26, 2023
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Huatong Group Co., Ltd. signed share transfer agreement to acquire 14% stake in Goldlok Holdings(Guangdong) Co.,Ltd. (SZSE:002348) from Xingchang Plastics Hardware Factory Co., Ltd. for CNY 290 million on November 17, 2022.
Huatong Group Co., Ltd. completed the acquisition of 14% stake in Goldlok Holdings(Guangdong) Co.,Ltd. (SZSE:002348) from Xingchang Plastics Hardware Factory Co., Ltd. on March 27, 2023.
Goldlok Holdings (Guangdong) Co., Ltd., formerly GOLDLOK TOYS HOLDINGS (GUANGDONG) CO., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of electronic and electrical plastic toys. The Company's major products include electric trains, remote control simulated planes, robot toys, electrical automobile toys, dolls and magnetic word pads for learning, among others. The Company also engages in trading business, and the provision of education information services. It distributes its products in domestic and overseas markets, such as the United States, Latin America, European Union (EU) and other Asian regions.
Huatong Group Co., Ltd. completed the acquisition of 14% stake in Goldlok Holdings(Guangdong) Co.,Ltd. from Xingchang Plastics Hardware Factory Co., Ltd.