Gaoleng Information: Company Stock Suspended from Opening on March 17, 2026 (Tuesday)

Everyday AI Express: Gaoling Information (SH 688175, closing price: 35.45 RMB) announced on the evening of March 16th that Zhuhai Gaoling Information Technology Co., Ltd. is planning to acquire the controlling stake of Kairui Xing Tong Information Technology (Nanjing) Co., Ltd. through issuing shares and paying cash, while also raising supporting funds. The transaction is still in the planning stage. As of the date of this announcement, the valuation of Kairui Xing Tong has not been finalized. Based on preliminary estimates, this transaction is expected to constitute a major asset restructuring as defined by the “Administrative Measures for Major Asset Restructuring of Listed Companies,” but it will not result in a change of the company’s actual control, nor will it constitute a reorganization listing. Since the transaction is in the planning stage, there are uncertainties involved. To ensure fair disclosure of information, protect investors’ interests, and prevent abnormal fluctuations in the company’s stock price, the company has applied to the Shanghai Stock Exchange for a trading halt. The company’s stock will be suspended from trading starting March 17, 2026 (Tuesday), with an expected suspension period of no more than 10 trading days.

Everyday Headlines (nbdtoutiao)—Controversies in smart vehicle OTA updates erupt over upgrade failures, hidden “lock-in” issues, and misleading promotions! Mandatory national standards are coming, and automakers can no longer be “reckless” with OTA upgrades.

(Reporter Zeng Jianhui)

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