Zhuhai Comleader Information Science & Technology Co. Ltd. AThe article is about Gaoling Information, not Zhuhai Comleader; no mention of this company.

Gaoling Information recently received an in-principle approval for this major asset restructuring from the State Administration of Science, Technology and Industry for National Defense. The company plans to acquire an 89.49 percent stake in Kairuixingtong Information Technology Nanjing Company Limited through a combination of share issuance and cash payment, while also raising matching funds. The transaction is expected to constitute a major asset restructuring and a related-party transaction, but will not result in a restructuring and listing. Gaoling Information has deep expertise in terrestrial communications and cybersecurity, while Kairuixingtong focuses on core satellite communication products. Upon completion, the company will form a complete product chain covering terrestrial communications, satellite communications, security assurance, and data services, building an integrated competitive advantage of secure terrestrial communications plus all-domain satellite communications. The transaction still requires further deliberation by the company's board of directors, approval by the shareholders' meeting, and clearance, approval, or registration by the competent regulatory authorities before it can be formally implemented.
Zhuhai Comleader Information Science & Technology Co. Ltd. AThe article is about Gaoling Information, not Zhuhai Comleader; no mention of this company.
Kairuixingtong is the target of the acquisition; regulatory approval advances the deal, which is positive for the company.