Shenzhen Success Electronics Co., Ltd (SZSE:002289) agreed to acquire 75% stake in Shanghai Fubang Industrial Co., Ltd. Bao Xiangbing and Zheng Lu for CNY74.2 million on April 3, 2024. On April 3, 2024, Shenzhen Success Electronics Co., Ltd (the Company) held the 4th meeting of the 6th board of directors approved the transaction.