Gao Ling Information: Plans to acquire 89.49% of Kairui Xingtong's shares; stock resumes trading

People’s Finance News, March 30—Gaoling Information (688175) announced on March 30 that the company plans to acquire 89.49% of the shares of Kairuitong through a combination of issuing shares and paying cash from 20 counterparties, including Shi Yan and Li Jianghua, and to raise supporting funds. The target company focuses on the design of dedicated satellite communications systems and research into key technologies. Its main business includes the R&D, production, and sales of satellite communications system products such as satellite communications baseband products, satellite network control and management systems, and satellite communications ground terminals, as well as the development of satellite communications technologies including on-orbit payloads and satellite communications network simulation and verification. Across multiple dimensions such as the product matrix, core technologies, business scenarios, and customer resources, the two sides can form deep collaboration, which will help enhance the listed company’s overall profitability and its ongoing operating capabilities. The company’s shares will resume trading when the market opens on March 31, 2026 (Tuesday).