Datang Telecom to acquire 5.5931% equity of Datang Semiconductor

Datang Telecom announced on November 11 that the company planned to acquire 5.Asian Metal Copyright, Ltd.Asian Metal Copyright5931% equity (corresponding to the contribution amount of RMB85,686,694 (USD12,193,217)) of Datang Semiconductor Design Co.Asian Metal Copyright from the Telecommunications Science and Technology Research Institute Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, the wholly-owned subsidiary of the controlling shareholder of the company, at a purchase price of RMB209 million USD29,740,700.Asian Metal Copyright from the Telecommunications Science and Technology Research Institute Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright3752%, indirectly increasing the shareholding ratio of microelectronics company, and improving the profitability of parent company.Asian Metal Copyright, the wholly-owned subsidiary of the controlling shareholder of the company, at a purchase price of RMB209 million (USD29,740,700).Asian Metal Copyright, Ltd.Asian Metal Copyright After the equity acquisition, the share ratio of Datang Semiconductor held by the company rose to 56.Asian Metal Copyright3752%, indirectly increasing the shareholding ratio of microelectronics company, and improving the profitability of parent company.Asian Metal Copyright3752%, indirectly increasing the shareholding ratio of microelectronics company, and improving the profitability of parent company.
.Asian Metal Copyright, the wholly-owned subsidiary of the controlling shareholder of the company, at a purchase price of RMB209 million USD29,740,700Asian Metal Copyright