Datang Investment has relisted its 25.02% stake in Datang Semiconductor Technology Co., Ltd. on the Shanghai United Assets and Equity Exchange, with a starting price of RMB 8.804 million ($1.2M) – a ~60% markdown from its initial RMB 22.01M listing in December 2025, which drew no bidders.
The Qingdao‑based semiconductor design and communications firm, founded in 2018, reported revenue of RMB 6.4M and a net loss of RMB 15.4M for the 12 months ended June 30, 2025. Its current shareholding structure: Qingdao Microelectronics Innovation Center (40%), Qingdao Haixintong Technology (34.98%), and Datang Investment (25.02%).
The seller, Datang Investment, is a state‑owned asset disposition platform under China Information and Communication Technologies Group (CICT) , tasked with streamlining non‑core and underperforming portfolio assets. CICT, directly supervised by the SASAC, was formed via the 2018 merger of Wuhan Post and Telecom Research Institute and Telecom Science and Technology Research Institute.
The listing specifies the equity is fully paid‑up with no attached debts. Bidders should possess semiconductor industry operational capabilities and supply‑chain integration experience – with preference for Qingdao‑based IC companies.
ICgoodFind Takeaway:
This deep discount relisting reflects state‑owned asset optimization – cutting loss‑making ventures. Who picks up this stake will signal direction for the local semiconductor cluster.
