Fangzhi Technology announced that the company completed the industrial and commercial registration change procedure to acquire 100% of the shares of Beijing Zhixiang Technology Development Co., Ltd. in December 2025. The transaction was based on the valuation value of equity issued by the evaluation agency as the pricing reference, and the final transfer price was RMB 116 million. Zixiang Technology became a wholly-owned subsidiary of the company.

Fangzhi Technology announced that the company completed the industrial and commercial registration change procedure to acquire 100% of the shares of Beijing Zhixiang Technology Development Co., Ltd. in December 2025. The transaction was based on the valuation value of equity issued by the evaluation agency as the pricing reference, and the final transfer price was RMB 116 million. Zixiang Technology became a wholly-owned subsidiary of the company.