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Datang Telecom Technology Co., Ltd. (SHSE:600198) Investors Are Less Pessimistic Than Expected
Datang Telecom (600198.SH): intends to transfer the equity of its affiliated enterprises Guoxing Networks, Nanjing Cloud Science, and Beijing Cloud Science.
Gelonghui September 11th | Datang Telecom (600198.SH) announced that the company plans to transfer the 37.23% equity of Guoxing Network Limited (referred to as "Guoxing Network"), 40% equity of Nanjing Cloud Technology Fund Management Co., Ltd. (referred to as "Nanjing Cloud"), and 20% of Beijing Cloud Technology Innovation Investment Partnership (limited partnership) (referred to as "Beijing Cloud") to the company's controlling shareholder China Information Communication Technology Group Co., Ltd. (referred to as "China Information Technology Group") indirectly held by its wholly-owned subsidiary, Lianxin Technology Co., Ltd. (referred to as "Lianxin Technology").
Datang Telecom Technology (600198.SH): There is currently no involvement in the development of 5G SOC chips.
Datang Telecom Technology (600198.SH) stated on the investor interaction platform on September 6th that the company is currently not involved in the research and development of 5G SOC chips.
Summary of the 2024 semi-annual report of Datang Telecom Technology Co., Ltd.
The 2024 semi-annual report of Datang Telecom Technology Co., Ltd.
Datang Telecom Technology (600198.SH): Its products include identity card chips and modules, without involving chip manufacturing links.
On August 9th, Gelunhui reported that Datang Telecom Technology (600198.SH) stated on the investor interaction platform that the company's products include ID card chips and modules, and do not involve chip manufacturing processes.
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