Recently, Datang Investment Holding Development (Shanghai) Co., Ltd., a wholly-owned subsidiary of China Information Communication Technologies Group, has announced its plan to transfer a 25.02% stake in Datang Semiconductor Technology Co., Ltd. on the Shanghai United Assets and Equity Exchange, setting the reserve price at 8.80472 million yuan. This particular stake was initially put up for transfer in December 2025, with a reserve price tag of 22.0118 million yuan. However, it failed to garner any interest from potential bidders. After a hiatus of over eight months, the stake has been relisted, with the reserve price experiencing a significant reduction of around 60% compared to its initial value.
