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Kid King: 2024 Annual Results Forecast
Is Kidswant Children ProductsLtd (SZSE:301078) Using Too Much Debt?
Xin Xuan and Kid King have established a joint venture company, with Xin Ba stating that he will personally oversee the execution.
On the afternoon of December 5th, according to Sina Technology news, on December 4th, Xin Xuan Group's founder Xin Youzhi (online name Xinba) had a discussion with Wang Jianguo, Chairman of Singholdings Group and Chairman of Haizi King Corporation. During the discussion, Xinba shared the development trends of the live streaming e-commerce industry and the logic behind the live streaming e-commerce supply chain. He mentioned that Haizi King has an absolute scene advantage in the maternal and child field and under the support of digitization, there is a lot of room for imagination in the future. By combining with the live streaming e-commerce supply chain, they can focus on user-centric categories and scene extensions. Xinba also stated that for cooperation projects, he will personally direct and handle them.
0.629 billion yuan! A village investment acquired 5% equity of Wang Jianguo's controlled Kids' King.
① Wang Jianguo, the founder of Child King, the concerted actor, plans to transfer 5% of the shares to Yicun Investment at a price of 10 yuan per share, with a total price reaching 0.629 billion yuan; ② Wang Jianguo has successively harvested two IPOs, one is Child King, and the other is Huitongda. At the same time, he is also a private placement big shot, establishing Xingnahe Capital, investing in Feihe, AVIC Lithium Battery, Jiangxiaobai and other enterprises.
Children's Palace (301078.SZ): The controlling shareholder's concerted action party intends to transfer 5% of the shares by agreement.
Geelong News November 26th | Children's King (301078.SZ) announced that the company has received a notice from the controlling shareholder's concerted action person Nanjing Qian Miaonuo, learning that it signed a "Stock Transfer Agreement" with Xun Future Investment Fund on November 26, 2024. Nanjing Qian Miaonuo intends to transfer 62,916,200 shares of the company's unrestricted tradable shares, accounting for 5% of the total share capital of the company (5.0382% of the total share capital excluding the number of shares in the buyback special account) through agreement transfer, at a price of RMB 10.00 per share, to Xun Future Investment Fund, with a total transfer price of RMB 62.
Kid King (301078.SZ): plans to use 0.56 billion yuan in cash to continue acquiring 35% of Le You International's shares.
Gelonghui November 21st | Children's King (301078.SZ) announced that the company plans to continue to acquire 35% equity of Leyou International with 0.56 billion yuan in cash. After the completion of this transaction, Leyou International will become a wholly-owned subsidiary of the company. In 2023, the company completed the acquisition of 65% equity of Leyou International. To further enhance its control over Leyou International and promote the improvement of the quality of the listed company's operations, the company plans to continue acquiring the remaining 35% equity of Leyou International. This transaction constitutes a related party transaction but not a significant asset restructuring. The transaction has been approved by the board of directors and still requires approval from the shareholders' meeting.
Kidswant Children Products Co.,Ltd. (SZSE:301078) Could Be Riskier Than It Looks
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