Datang Telecom Technology

Chinese state telecommunication equipment company

company logo and the calligraphy of "Datang Telecom"

Headquarters

Trade name

Datang Telecom

Company type

Public; state-owned enterprise

Traded as

SSE: 600198

Industry

Telecommunications

Predecessor

Divisions of Datang Telecom Group

Founded

21 September 1998 (1998-09-21) (spin off)

Founder

Datang Telecom Group

Headquarters

Beijing

China

Owner

Chinese central government via Datang Telecom Group	(33.94%)
other public shareholders	(66.06%)

Parent

Datang Telecom Group	(direct)
SASAC	(intermediate)
State Council	(ultimate)

Subsidiaries

Leadcore Technology

Website

www.datang.com

Footnotes / references
in consolidated financial statement^[1]

Datang Telecom Technology

Simplified Chinese

大唐电信科技

Transcriptions

Datang Telecom

Simplified Chinese

大唐电信

Traditional Chinese

大唐電信

Transcriptions
Standard Mandarin
Hanyu Pinyin	Dà táng diàn xìn

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

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

^ "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.