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Gao Ling Information: Intends to purchase 71.98% equity of Xinnuo Communication, stock suspension
Jinshi Data December 5th News, Gaoling Information announced that due to the planning of a major asset restructuring, the company’s stock will be suspended from December 6, 2024, and the suspension is expected to last no more than 5 trading days. The company plans to purchase a total of 71.98% of the equity of Shanghai Xinnuo Communication Technology Co., Ltd. held by Xie Hu, Li Lin, and other shareholders of Xinnuo Communication through the issuance of shares and payment of cash, and raise supporting funds. The transaction is expected to constitute a major asset restructuring but will not result in a change of the actual controller of the company.