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0.0963086316958091 0.0963086316958091 0.0963086316958091 0.0269220094365806 -0.0147099639189563 0.00839578129336664 0.0130446849847349 0.0241465445462115
Stock impact report

Huitao Technology Co., Ltd. Enters into a Share Exchange Agreement with Sunway Kids International Education Group Ltd Inc.

Huitao Technology Co., Ltd. - Ordinary Shares (HHT) 
Company Research Source: PR Newswire
BEIJING,, Jan. 6, 2020 /PRNewswire/ -- Huitao Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company"), a company primarily focused on engineering, producing, servicing, delivering and pumping a comprehensive range of advanced ready-mix concrete materials for construction projects, announced today that on December 31, 2019, it has entered into certain Share Exchange Agreement with Sunway Kids International Education Group Ltd Inc. ("Sunway Kids"), an education provider headquartered in China, and its shareholders Pursuant to the Agreement, HHT will acquire 100% of the outstanding shares of Sunway Kids from its shareholders and Sunway Kids' shareholders will receive an aggregate of 1,989,262 shares of HHT and cash payment of two million US dollars ($2,000,000). Sunway Kids is an education and health service provider to day-care and preschools in China. It provides a well-structured system for early childhood education, including AI and robotic technologies, intellectual campus administrat Show less Read more
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