Kidztech Holdings Ltd. Completes Strategic Acquisition of Two Companies to Boost Growth in Emerging Sectors
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Kidztech Holdings Ltd. has completed two strategic acquisitions in the first half of 2025, including a 60% stake in Inner Mongolia Paiwei Technology Co., Ltd. for RMB1. Paiwei specializes in molten salt for energy storage and related materials. This acquisition aims to enhance Kidztech's presence in emerging sectors and improve sustainable development capabilities. As of December 31, 2024, Paiwei had net liabilities of approximately RMB176.
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