--- title: "Dongzhu Ecological Environment Protection plans to acquire 89.49% of KaiRuiXingTong's shares to enter the satellite communication and space information technology field" type: "News" locale: "en" url: "https://longbridge.com/en/news/256574908.md" description: "Dongzhu Ecological Environment Protection plans to acquire 89.49% of Kai Rui Xing Tong's shares through the issuance of shares and cash payment. The target company focuses on the research and development and production of satellite communication technology and systems. This transaction will help Dongzhu Ecological achieve strategic transformation, enter the satellite communication and space information technology fields, promote the company's transition to new productive forces, increase new profit growth points, and enhance sustainable profitability" datetime: "2025-09-09T13:01:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256574908.md) - [en](https://longbridge.com/en/news/256574908.md) - [zh-HK](https://longbridge.com/zh-HK/news/256574908.md) --- # Dongzhu Ecological Environment Protection plans to acquire 89.49% of KaiRuiXingTong's shares to enter the satellite communication and space information technology field According to the Zhitong Finance APP, Dongzhu Ecological Environment Protection (603359.SH) announced that the company intends to purchase a total of 89.49% of the shares of KaiRuiXingTong Information Technology (Nanjing) Co., Ltd. (referred to as "KaiRuiXingTong") held by 20 trading counterparts including Shi Yan and Li Jianghua through the issuance of shares and cash payment, and to raise supporting funds. The company's stock will resume trading on September 10, 2025 (Wednesday) at the market opening. The target company is a high-tech enterprise mainly engaged in the research, design, and production of satellite communication technology and systems, with main products including satellite communication baseband products, satellite communication terminal products, satellite communication network management systems, and satellite application systems. Upon completion of this transaction, the listed company will achieve a strategic transformation, entering the field of satellite communication and spatial information technology, creating a second growth curve, accelerating the transition to new productive forces, increasing new profit growth points, and further enhancing the listed company's sustainable profitability ### Related Stocks - [603359.CN](https://longbridge.com/en/quote/603359.CN.md) ## Related News & Research - [Hogs Look to Tuesday Trade](https://longbridge.com/en/news/286913138.md) - [Exploring Three Undiscovered Gems in the Middle East Market](https://longbridge.com/en/news/286881831.md) - [Hogs Can’t Hold Early Rally and Breakdown](https://longbridge.com/en/news/286823788.md) - [Quarterhill to Host Virtual Annual and Special Meeting of Shareholders on May 26, 2026 | QTRHF Stock News](https://longbridge.com/en/news/287134151.md) - [College students boo after a 'new AI system' misses names during graduation ceremony](https://longbridge.com/en/news/286953353.md)