On the Record · Golden Sun Technology Group
Golden Sun Technology Group acquisitions, on the record
The businesses Golden Sun Technology Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Yangfushan TutorialWord for word“Mr. Weng acquired the school in 2008 and the school was later acquired by the Company in 2018.” 20-F for 2023 | acquisition | 2018 | — |
Hongkou TutorialWord for word“Hongkou Tutorial commenced operation in 2000 and was acquired by the Company in 2015.” 20-F for 2023 | acquisition | 2015 | — |
Hangzhou JicaiWord for word“Hangzhou Jicai commenced operation in 2017, and were acquired by the Company in 2019.” 20-F for 2023 | acquisition | 2019 | — |
Zhouzhi CultureWord for word“(4) Zhouzhi Tutorial is operated by Zhouzhi Culture, which commenced operation in 2012 and was acquired by the Company in 2019.” 20-F for 2023 | acquisition | 2019 | — |
Ouhai Art School and Chongwen Middle SchoolWord for word“In order to become compliant with the revised Implementing Regulation, in September 2021, the Company completed a reorganization to divest its operations of Ouhai Art School and Chongwen Middle School.” 20-F for 2024 | divestiture | September 2021 | — |
Zhejiang KangyuanWord for word“On January 18, 2023, Wenzhou Lilong entered into an equity transfer agreement to acquire eighteen percent (18%) of Zhejiang Kangyuan’s equity shares for RMB 32.4 million in cash.” 20-F for 2024 | agreed acquisition | January 18, 2023 | RMB 32.4 million in cash |
Zhejiang FuyouyuanWord for word“On Feburary 23, 2023, Wenzhou Lilong entered into an equity transfer agreement to acquire ten percent (10%) of Zhejiang Fuyouyuan’s equity shares for RMB 2 million in cash.” 20-F for 2024 | agreed acquisition | Feburary 23, 2023 | RMB 2 million in cash |
Kaiye (Wenzhou)Word for word“As of the date of this annual report, the process of this acquisition has not completed yet.” 20-F for 2024 | agreed acquisition | — | — |
Not named in the textWord for word“Net cash used in investing activities was approximately $2.0 million in fiscal year 2024, which mainly consisted of approximately $1.7 million paid for acquisition, approximately $0.1 million paid for long-term investments and approximately $0.1 million for purchase of property and equipment used in operation.” 20-F for 2024 | acquisition | fiscal year 2024 | approximately $1.7 million |
Xianjin TechnologyWord for word“Xianjin Technology commenced operation in 2012 and was acquired by the Company in 2019.” 20-F for 2024 | acquisition | 2019 | — |
Zhejiang OulongWord for word“On April 10, 2023, Wenzhou Lilong (the “Purchaser”) signed a Share Purchase Agreement (“Wenzhou SPA”) to purchase 100% equity interest of Zhejiang Oulong from an unrelated third party and Dongfang Zhao, a minority shareholder of the Company (the “Sellers”).” 20-F for 2025 | acquisition | April 10, 2023 | — |
Gongyu EducationWord for word“The transaction closed on July 21, 2025.” 20-F for 2025 | divestiture | July 21, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2023-09-30 | $3.7 million |
| 2024-09-30 | $1.7 million |
| 2025-09-30 | $415,945 |
Read from Golden Sun Technology Group’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.