China Digital Communication Group Begins Assembling Lithium Batteries19 July 2006
China Digital Communication Group (OTCBB: CHID), one of the fastest growing battery components manufacturers in China, announced today that its subsidiary E'Jenie Science and Technology Co. plans to begin assembling lithium batteries following a successful series of production tests. The company is currently accepting orders for complete lithium batteries.
China Digital CEO Ran Liang said, "This is a major milestone for our company. E'Jenie is already a recognized leader in manufacturing shells and caps for lithium batteries. We are expanding our capabilities to enable us to manufacture complete batteries and meet the rapidly growing demand for these products. This will expose us to an extensive new list of potential customers and an additional source of revenue."
Lithium ion batteries are used for MP3, digital cameras, camera recorders, mobile phones, PDAs and other electronic devices. With the exploding wireless markets in China, a potential market of nearly 500 million users, market observers believe the battery business in China will continue to expand rapidly.
About China Digital Communication Group
China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is one of China's leading manufacturers and developers of advanced telecommunications equipment. E'Jenie sells advanced high-quality lithium-ion battery shell and cap products to all major lithium-ion battery cell manufacturers in China. E'Jenie's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. China Digital Communication Group is continuing its expansion across East Asia, while seeking distribution partners and acquisitions in new global markets, including the United States. For more information, visit http://www.chinadigitalgroup.com or contact Roy Teng of China Digital, (310) 461-1322, e-mail: info@chinadigitalgroup.com.
An investment profile on China Digital Communication Group may be found at http://www.hawkassociates.com/chinadigital/profile.php.
For investor relations information regarding China Digital Communication Group, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.
Roy Teng China Digital Communication Group 1901 Avenue of the Stars, Suite 201 Los Angeles, CA 90067 (310) 461-1322 e-mail: Email Contact
Investor Relations: Frank Hawkins Ken AuYeung Hawk Associates (305) 451-1888 e-mail: Email Contact
SOURCE: China Digital Communication Group
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|
