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 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, and digital campuses. The Company's brand is GOLDLOK. The Company is also engaged in wholesale and retail business.
Huatong Group Co., Ltd. completed the acquisition of 14% stake in Goldlok Holdings(Guangdong) Co.,Ltd. from Xingchang Plastics Hardware Factory Co., Ltd.