EKWB is a consumer level water cooling company. water cooling is used to cool down high performance processors sligtly better than traditional heatsinks and offer an aesthetic alternative to it.
tldr video, conpany mismanagement leads company into perpetual debt and ruin.
It looks like to me that its set up purposefully to obfuscate its structure. I'd also assume the reason for the loan for 15% of shares was so the parent essentially isn't really just a sole owner to protect them from liability.
