Datang Telecom said on the interactive platform that the company closely follows the group's unified layout in 5G. With the development of 5G applications, the company will consider related expansion in the direction of security chips or terminal business.
Previously, Datang Telecom released its 2018 annual report on April 17, showing that the company achieved operating income of 2.416 billion yuan, a year-on-year decrease of 44.42%; net profit attributable to shareholders of the listed company was 579.6 million yuan, compared with a net loss of 2.649 billion yuan in the same period last year; the net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.113 billion yuan.
On April 22, *ST Datang announced that the delisting risk warning for the company's stock would be lifted from April 24, the stock abbreviation would be changed from "*ST Datang" to "Datang Telecom", and the daily price fluctuation limit would be changed from 5% to 10%.
It is worth mentioning that since last year, Datang Telecom Group has owned many 5G-related patents and has done a lot of practical tests in applications such as the Internet of Vehicles, which will help the company develop 5G chips.
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