Fangbang Corporation: Subsidiary Suibang Electronics plans to acquire a 1.06859% equity interest in Zhongke Sihao for 20 million yuan.

Fangbang shares announced that its wholly-owned subsidiary, Sui Bang Electronics, intends to acquire 1.06859% equity of Shenzhen Zhongke Sihai Technology Co., Ltd. through the acquisition of shares, with an investment amount of RMB 20 million of its own funds. This investment has been approved by the 13th meeting of the fourth board of directors of the company and does not require approval from the shareholders' meeting. The investment does not constitute a related party transaction, nor does it constitute a significant asset restructuring. The latest financial data of the target company for the past year shows that as of 2025, the total assets were 457 million yuan, total liabilities were 277 million yuan, operating income was 126 million yuan, and net profit was -114 million yuan.