Gaoling Information (688175.SH) announced that the company is planning to acquire...
According to the Zhitong Finance APP, Gaoling Information (688175.SH) announced that the company is planning to acquire a total of 71.98% equity of Shanghai Xinnuo Communication Technology Co., Ltd. (hereinafter referred to as "Xinnuo Communication") held by shareholders Xie Hu, Li Lin, Shanghai Yifu Enterprise Management Consulting Partnership (Limited Partnership), Shanghai Jinling Enterprise Consulting Partnership (Limited Partnership), Shanghai Fulinh Enterprise Consulting Partnership (Limited Partnership), and Shanghai Duchi Enterprise Consulting Partnership (Limited Partnership) through issuing shares and paying cash, while also raising matching funds. In addition, the company will further negotiate with other shareholders of Xinnuo Communication to purchase the 28.02% equity held by other shareholders after the trading suspension.
According to preliminary estimates, this transaction is expected to constitute a significant asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" but will not lead to a change in the actual controller of the company and will not constitute a reorganization listing. The company's stocks will be suspended from trading from the opening of the market on December 6, 2024 (Friday), with the expected suspension period not exceeding 5 trading days.