Fangbang Co., Ltd.: Subsidiary Suibang Electronics plans to acquire a 1.06859% stake in Zhongke Sihe for 20 million yuan.

2026-03-27 05:50:51

Fangbang Co., Ltd. announced that its wholly-owned subsidiary Suibang Electronics plans to acquire 1.06859% equity in Shenzhen Zhongke Sihe Technology Co., Ltd. through equity transfer, with an investment amount of RMB 20 million from its own funds. This investment has been approved by the thirteenth meeting of the fourth board of directors and does not require submission for shareholder meeting approval. The investment does not constitute a related party transaction, nor does it constitute a major asset restructuring. The target company’s recent financial data for the last year shows total assets of 457 million yuan in 2025, total liabilities of 277 million yuan, operating income of 126 million yuan, and a net profit of -114 million yuan.

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