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 Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc ...

. 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 Qualcomm () is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4 ...

and other investors. It was approved by the Chinese regulator in 2018. In May 2018, due to heavy net loss in 2017 financial year, the company was marked as *ST (* special treatment) by the

. It was reported that the company facing delist from the exchange.

References

External links

* Companies based in Beijing Chinese companies established in 1998 Telecommunication equipment companies of China Government-owned companies of China Chinese brands Companies listed on the Shanghai Stock Exchange {{China-company-stub