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According to Gaoling Information's announcement, the company plans to issue shares and pay cash to purchase 89.49% of Kairui Xingtong Information Technology Co., Ltd., while raising supporting capital. The transaction is expected to constitute a major asset restructuring and related transaction. Trading of the company's shares was suspended on March 17, and trading resumed on March 31. Currently, the review of military matters involved in the transaction has been approved by the National Defense Bureau of Science, Technology, and Industry. The relevant audits, evaluations, etc. have basically been completed, and documents are being prepared and approved. The transaction is still subject to review by the board of directors, shareholders' meetings, and regulatory approval, and there is uncertainty about whether it can be implemented.
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According to Gaoling Information's announcement, the company plans to issue shares and pay cash to purchase 89.49% of Kairui Xingtong Information Technology Co., Ltd., while raising supporting capital. The transaction is expected to constitute a major asset restructuring and related transaction. Trading of the company's shares was suspended on March 17, and trading resumed on March 31. Currently, the review of military matters involved in the transaction has been approved by the National Defense Bureau of Science, Technology, and Industry. The relevant audits, evaluations, etc. have basically been completed, and documents are being prepared and approved. The transaction is still subject to review by the board of directors, shareholders' meetings, and regulatory approval, and there is uncertainty about whether it can be implemented.
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