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.