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 22, 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, formerly Goldlok Toys Holdings Guangdong Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of electronic and electric plastic toys. The Company is engaged in two businesses. Toys and related businesses cover a complete industrial system of research, development, design, mold manufacturing, production and sales. The main product cover electronic electric toys, plastic toys, plush toys, educational toys, and intelligent interactive toys. The Internet education business is engaged in providing comprehensive solutions for smart education starting from kindergarten to grade 12 (K12). The core technical support of the business includes cloud computing, big data, intelligent hardware, Internet of Things, artificial intelligence and other fields.
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.