Datang Telecom has not been approved by the SFC for directional additional application

NetEase Financial January 7, Datang Telecom announced the evening release of the company's Non-public offering a shares application has not been issued by the China Securities Regulatory Commission Audit Committee approved.　　Datang Telecom intends to raise some 474 million yuan through Non-public offerings to develop new products in the field of TD Data fusion terminals and to achieve scale effect as soon as possible. Datang Telecom has previously said that the plan is not open 31 million private shares, the issue price is not less than 16.49 yuan, a total of about 474 million yuan raised.　　Datang Telecom to raise funds will be mainly invested in three areas: new 3G Smart card, bank EMV card and TD Data fusion products.　　In the third quarter of 2010, Datang Telecom realized its operating income of 825 million yuan, an increase of 17.55%, net profit of 8.6744 million yuan, down 64.24% year-on-year, earnings per share 0.0198 yuan, down 64.2%.　　2010 years ago three quarter, Datang Telecom to achieve revenue 2.59 billion yuan, growth 18.8% year-on-year, net profit of 27.0366 million yuan, down 30.6%, earnings per share 0.0616 yuan, down 30.55%. As of January 7 closed, Datang Telecom reported 19.83 Yuan, down 2.27%.