Gao Ling Information: Planning a major asset restructuring, stock will continue to be suspended.
Gaoling Information announced that the company is currently planning to acquire control of Kairui Xingtong by issuing shares and paying cash, and to raise matching funds. It is expected to constitute a major asset restructuring, but not a restructuring for listing. The company's stock has been suspended from trading since March 17, 2026, and is expected to remain so for up to 10 trading days. As of the date of the announcement, the transaction is still in the planning stage, the valuation of Kairui Xingtong is undetermined, and the company and all parties involved are progressing with various tasks. The stock will continue to be suspended, but a resumption of trading will be applied for as soon as possible. There is uncertainty about whether the transaction will ultimately be implemented.
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