Deng Fang signed an agreement to acquire 5% stake in BYBON Group Company Limited (SZSE:300736) from Beijing Da'an Shiji Investment Management Co., Ltd. for CNY 62.03 million on January 25, 2024. Under the terms, Deng Fang will acquire 6.31 million shares at CNY 9.83 per share. The entire transaction consideration shall be paid within 12 months from the date when Beijing Da'an Shiji completes the transfer.

Deng Fang completed the acquisition of 5% stake in BYBON Group Company Limited (SZSE:300736) from Beijing Da'an Shiji Investment Management Co., Ltd. on February 21, 2024.