Gao Ling Information: Intends to purchase 100% equity of Xinnuo Communication. Stock will resume trading from tomorrow.

On December 17th, Jin10 Data reported that Gao Ling Information announced that it plans to purchase 100% of the shares of Shanghai Xinnuo Communication Technology Co., Ltd. through the issuance of shares and cash payment, while raising supporting funds. The company's stock has been suspended since the market opened on December 6, 2024 and resumed trading on December 18, 2024. The audit and assessment work involved in this transaction has not been completed yet, and the company's board of directors has decided not to convene a shareholder meeting to review the relevant matters of this transaction for the time being. After the relevant audit and evaluation work is completed, the company will convene the board of directors again to review the relevant matters of this transaction, and issue a notice of the shareholder meeting in accordance with the legal procedures, and submit the relevant matters of this transaction to the shareholder meeting for approval. There is still uncertainty as to whether this transaction can be implemented.