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Datang Telecom Group Completed Company System Reform and Became a State-owned Company

Updated:2018/1/12 10:56

Datang Telecom Technology & Industry Group made an announcement on January 10, 2018, it has completed company system reform and completed registration changing procedure on December 29, 2017, the company became a state-owned company with limited liability and its name has changed to Telecommunication Science and Technology Research Institute Co., Ltd, the State-owned Assets Supervision and Administration Commission of the State Council acted as the investor.

The Telecommunication Science and Technology Research Institute Co., Ltd will inherit all the business, assets, qualifications, credits and debts from the former Telecommunication Science and Technology Research Institute. According to the report, this will not cause any change of the company’s controlling shareholder and the equity ratio and will not affect the production and operation of the company.

 

 Source:C114
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