Datang Telecom (600,198) Cao Bin, chairman and president of a recent interview with the China Securities Daily News interview, said of things that there will be great prospects for development, Datang Telecom has some foundation, is actively adjust resources, and strive in the new take advantage of market opportunity comes.
Cao Bin also revealed that the company will build a complete TD with additional terminal industry chain, in the existing data cards, home information terminals, e-readers and other products based on the future of TD mobile phones will be launched.
For the majority shareholder of Science and Technology Research Institute of Telecommunications whether there is equity injection plan, he said that depends on the Telecommunications Research Institute of assets into the overall strategic planning, but also depends on the Datang Telecom Technology AG’s own development, but also depends on the external environment and other factors, there has been no relevant information.
Internet of things is the future trend of development
China Securities Daily News: Internet of Things is a hot topic in the recent market, Datang Telecom has many years in the microelectronics and other industries R & D experience, how to look at things is currently networking in the country’s development prospects, it has a corresponding technical reserve?
Cao Bin: Internet of things is definitely the future development trends, which to a certain stage of technological development is the inevitable outcome. This year, we raised the industry focused and industry collaboration, are active in this respect for the planning and resource re-engineering, will our human, material and technical adjustments in place for the future of things prepared for an era.
China Securities Daily News: China Mobile, networked objects and put forward his strategy, at its core is to TD mobile phones as terminals. However, this chip for mobile phones and design have put forward higher requirements, Datang Telecom’s existing operational capacity can meet?
Cao Bin: Internet of Things strategy as a whole is around the terminal closer to the user’s service system, in which the terminal is the most important aspect, and the 2G era of the concept of mobile phones is very different. This is natural and design of chips for cell phones have put forward higher requirements. Last year, we acquired the company in Shanghai superior thinking, this is a top mobile phone design company, Datang Telecom (Tianjin) Tianjin terminal companies from joint-stock companies under the Division officially transformed into an independent company, these measures are for the future technology and resources to do the reserves.
China Securities Daily News: Internet of Things is a very broad concept, industrial applications are very broad, Datang Telecom in the areas in which there is a market opportunity?
Cao Bin: Internet of Things will be infiltrated into every aspect of our lives, we are actively adjust the resources, and strive in this new market opportunity comes occupy the front position. Can be said that the market is still in its infancy, and we work to be done is to step up the integration of resources, training our team, in all respects ready.
Datang Telecom has introduced, including e-readers (book), mobile phone equipment business Hyun, U-game cell phone three end products, these products have been completely out of our traditional understanding of the communication terminals, and their combination will also have more new things, will in our lives even more. We will also in the continuous technological innovation and integration of resources in seeking new market opportunities. Our micro-electronics companies have extensive experience in RFID software companies in such industries as information technology application of water has accumulated over the years, in the coal mine communication, monitoring and so many have a good performance, I believe there would be in the future Internet of Things Exhibition the opportunity to showcase their masterpieces.
Additional and stronger industry
China Securities Journal reporter: Datang Telecom has introduced, including e-readers (book), mobile phone equipment business Hyun, U-game cell phone three end products, which could replace the mobile phone operator interface Hyun loaded value-added services business also has the characteristics of , Datang Telecom industry, TD terminals layout is how to plan it?
Cao Bin: Datang Telecom established microelectronics, software, terminals, access to five major industries and industrial applications, where the terminal is already the company’s revenue accounting for one of the largest industries. In the 3G era, control of the terminal is the control of the industry, the terminal’s position in the industry chain is very important. In order to conform to this trend, we began to extend from the upstream to downstream, more and more close to the end user. In this process, we propose to give full play to the company’s advantage in several major industries have been based on the development through a terminal to coordinate the common development of various industries.
China Securities Journal reporter: Datang Telecom asset-liability ratio higher from 2006 to 2008 were 88%, 87.8%, 84.7%, annual interest payments to 1.4 billion yuan on, far higher than the company’s net profit, how the company deal with this problem?
Cao Bin: the company’s asset-liability rate is relatively high, the company from top to bottom including large shareholders very seriously. We believe this private placement scheme placements 1.2 billion, of which 797 million yuan will be used to repay bank loans. Not only from the company’s capital structure is irrational, the problem of excessive debt ratio, but also for the future operation of the capital to lay the foundation.
Second, the company raised funds will be invested in EMV bank card project, the future prospects are bright. Bank IC card EMV international standards for domestic financial safety considerations, Datang Telecom EMV cards as soon as possible the industrialization of duty. Compared with the second-generation ID cards, bank cards need to be replaced every few years, EMV will be in the future provide a stable source of income.