Datang Telecom Technology

{{Short description|Chinese state telecommunication equipment company}}

{{Infobox company

| name = Datang Telecom Technology

| logo = Datang Telecom logo 2.png

| logo_size =

| logo_alt = company logo on the left and the calligraphy of the Chinese word "Datang Telecom" on the right

| logo_caption = company logo and the calligraphy of "Datang Telecom"

| image = Datang Telecom Technology headquarters (20230902122941).jpg

| image_size =

| image_alt =

| image_caption = Headquarters

| trade_name = Datang Telecom

| traded_as = {{SSE|600198}}

| type = Public; state-owned enterprise

| industry = Telecommunications

| founded = {{start date|1998|9|21|df=yes}} (spin off)

| founder = Datang Telecom Group

| predecessor = Divisions of Datang Telecom Group

| hq_location =

| hq_location_city = Beijing

| hq_location_country = China

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| owner = {{aligned table|{{nowrap|Chinese central government}} {{nowrap|via Datang Telecom Group}}|(33.94%)|other public shareholders|(66.06%)}}

| parent = {{aligned table|{{nowrap|Datang Telecom Group}}|(direct)|SASAC|(intermediate)|State Council|(ultimate)}}

| subsid = Leadcore Technology

| rating =

| website = {{Official URL}}

| footnotes = in consolidated financial statement{{cite web|url=http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2016-04-23/600198_2015_n.pdf|title=2015 Annual Report|date=23 April 2016|access-date=7 March 2017|work=Datang Telecom Technology|publisher=Shanghai Stock Exchange|language=Chinese}}

}}

{{Chinese

| title = Datang Telecom Technology

| s = 大唐电信科技

| t =

| p =

| order = st

| altname = Datang Telecom

| s2 = 大唐电信

| t2 = 大唐電信

| p2 = 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.{{cite news|url=http://news.cnstock.com/news,bwkx-201805-4217958.htm|script-title=zh:大唐电信与高通组建合资公司瓴盛科技获批|date=4 May 2018|access-date=17 January 2019|newspaper=Shanghai Securities News|language=zh-cn|author=李兴彩}}

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.{{cite news|url=http://dianzibao.cb.com.cn/html/2018-05/07/content_65016.htm|script-title=zh:大唐电信戴帽：旗手"陨落"|date=7 May 2018|access-date=16 January 2019|newspaper=China Business Journal|language=zh-cn|author= 张靖超 |location=Beijing }}

References

External links

{{official website}}

Category:Companies based in Beijing

Category:Chinese companies established in 1998

Category:Telecommunication equipment companies of China

Category:Government-owned companies of China

Category:Chinese brands

Category:Companies listed on the Shanghai Stock Exchange