Datang Telecom Technology
| company logo on the left and the calligraphy of the Chinese word "Datang Telecom" on the right company logo and the calligraphy of "Datang Telecom" | |||||||
| File:Datang Telecom Technology headquarters (20230902122941).jpg Headquarters | |||||||
| 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 | ||||||
| Footnotes / references in consolidated financial statement[1] | |||||||
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| 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 | edit source]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
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External links
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