Datang Telecom Technology Co., Ltd. (SHSE:600198) agreed to acquire Datang Semiconductor Design Co. Ltd from China Academy of Telecommunication Technology for CNY 210 million on November 10, 2022. As on June 30, 2022, Datang Semiconductor Design Co.

Ltd. reported Total assets and net assets 3.6 billion and 2.5 billion respectively. Board of Datang Telecom Technology Co., Ltd. has already approved the deal. On November 28, 2022, Datang Telecom Technology Co., Ltd. shareholders approved the deal.