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On 26 May 26 2017, Datang Telecom Technology Co., Ltd. (Stock Code: 600198, “Datang Telecom”)announced that Leadcore Technology Co., Ltd. (“Leadcore Technology”), a wholly-owned subsidiary of Datang Telecom, intended to establish a Sino-foreign Joint Venture named JLQ Technology Co., Ltd. (“Joint Venture Company”)in Guizhou Province withQualcomm (China) Holding Co., Ltd., JAC (Guian New Area) Semiconductor Industry Investment Center (Limited Partnership) and Wise Road (Guian New Area) Strategic Emerging Industry Investment Center (Limited Partnership). On the same day, the parties to the Joint Venture Company held the Joint Venture Agreement signing ceremony in Beijing.

The Joint Venture Company will mainly engage in the business of the design, packaging, testing, customer support, and sales related to chipset solutions.It will focus on the consumer cellphone market, promote the competitiveness of itsproductsand effectively integrate business resources of Datang Telecom, which may increase Datang Telecom’smarket share and promote its market influence.

Guantao Law Firm (“Guantao”) providesthe professional legal services to Datang Telecom and Leadcore Technology on this project throughout the past one year.The Guantao team is led by Partners Ms. Su BoandMs. Xu Ling, mainly supported by Partner Mr.Zhang Wenliang, Associates Ms. Xi Chenlin and Ms. Yu Jiazi.Team members also includePartnersMs. ZhangYue andMr. Liang Chaoyu, Associates Ms. Zhou Li and Ms. Li Zhijuan, and other members. The legal services in respect of anti-monopoly on this project areprovided by Partners Ms. GuanYue and Mr. Sun Shaosong and Associate Mr. Wu Wenhao.