Gailun Electronics: Intends to purchase equity in two companies, applies for extension to reply to inquiry letter for review.
Gelen Electronics announced that the company plans to issue shares and pay cash to acquire 100% equity of Chengdu Ruicheng Xinwei and 45.64% equity of Nano Microelectronics, as well as raise funds to constitute a major related party transaction. On January 9, 2026, the company received an inquiry letter from the Shanghai Stock Exchange, with a total reply time not exceeding one month. If unable to reply on time, an extension of one month can be applied. Due to the need for further verification of some matters, the company has applied for an extension of not more than one month from the expiration of the reply period to submit the reply documents. This transaction still requires multiple approvals and uncertainties exist.
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