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Gao Ling Information: Planning to acquire control of Kairui Xingtong; stock to be suspended from trading starting tomorrow
People’s Financial News, March 16 — Gaoling Information (688175) announced on March 16 that the company is planning to acquire control of Kairui Xing Tong through issuing shares and paying cash, while also raising supporting funds. This transaction is still in the planning stage. As of the disclosure date, the valuation of Kairui Xing Tong has not been finalized. Preliminary estimates suggest that this transaction is expected to constitute a major asset restructuring. At the company’s request, trading of its shares will be suspended starting from the market opening on March 17, 2026, with an expected suspension period of no more than 10 trading days.