Gailun Electronics: The major asset restructuring review has been suspended by the Shanghai Stock Exchange due to outdated evaluation data.

Sina Finance News on March 31st, Gelin Electronics announced that the company plans to issue shares and pay cash to acquire 100% equity of Chengdu Ruicheng Xinwei and 45.64% equity of Naneng Microelectronics, and raise supporting funds. Due to the expiration of the evaluation data in the declaration documents, the Shanghai Stock Exchange has suspended the review of this transaction starting from March 31, 2026. The company is currently progressing with the target company's additional evaluation, and will supplement the information and apply for resumption of the review upon completion. Several approvals are still needed for this transaction, and it is uncertain whether they will be granted and the timeline for approval.