Datang Telecom Technology
Datang Telecom | |||||||
Company type | Public; state-owned enterprise | ||||||
SSE: 600198 | |||||||
Industry | Telecommunications | ||||||
Predecessor | Divisions of Datang Telecom Group | ||||||
Founded | 21 September 1998 | (spin off)||||||
Founder | Datang Telecom Group | ||||||
Headquarters | Beijing , China | ||||||
Owner |
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Parent |
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Subsidiaries | Leadcore Technology | ||||||
Website | www | ||||||
Footnotes / references in consolidated financial statement[1] |
Datang Telecom Technology | |||||||
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Simplified Chinese | 大唐电信科技 | ||||||
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Datang Telecom | |||||||
Simplified Chinese | 大唐电信 | ||||||
Traditional Chinese | 大唐電信 | ||||||
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Datang Telecom Technology Co., Ltd., known as Datang Telecom or DTT, is a Chinese listed company based in Beijing, China. It is a subsidiary of state-owned "China Academy of Telecommunications Technology" (CATT), which had a trading name Datang Telecom Group.
History
[edit]In 1998 "China Academy of Telecommunications Technology" had transformed from a research institute to both research institute and holding company, by incorporating a subsidiary Datang Telecom Technology (DTT) on 21 September 1998 under the Companies Law of China. On 21 October 1998 DTT became a public company in the Shanghai Stock Exchange. The research institute also had a new trading name Datang Telecom Group.
In 2012 Datang Telecom Technology acquired 75.88% stake of Leadcore Technology from the parent entity.
In 2017, Leadcore formed a Sino-foreign joint venture with Qualcomm and other investors. It was approved by the Chinese regulator in 2018.[2]
In May 2018, due to heavy net loss in 2017 financial year, the company was marked as *ST (* special treatment) by the Shanghai Stock Exchange. It was reported that the company facing delist from the exchange.[3]
References
[edit]- ^ "2015 Annual Report" (PDF). Datang Telecom Technology (in Chinese). Shanghai Stock Exchange. 23 April 2016. Retrieved 7 March 2017.
- ^ 李兴彩 (4 May 2018). 大唐电信与高通组建合资公司瓴盛科技获批. Shanghai Securities News (in Chinese (China)). Retrieved 17 January 2019.
- ^ 张靖超 (7 May 2018). 大唐电信戴帽:旗手"陨落". China Business Journal (in Chinese (China)). Beijing. Retrieved 16 January 2019.
External links
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