Major Customer Expresses Satisfaction With China Digital Communications Group's Products and Services7 June 2005
Yi Bo Sun, Chairman and CEO of China Digital Communications Group (OTC BB: CHID), announced today that Mr. Jun Xiao, CEO of Gao Yi Electronics Co., Ltd., a key customer, toured the Company's Shenzhen E'Jenie production facility. During the tour, Mr. Jun Xiao expressed his satisfaction with the products and services provided to Gao Yi Electronics Co., Ltd. by the Shenzhen E'Jenie.
"We are fully satisfied with the quality of the products made at Shenzhen E'Jenie and with the timeliness of the contract deliveries. We signed an agreement with Shenzhen E'Jenie on April 22, 2005, that has a total contract value of USD $2.36 million for battery components. By the end of May, approximately $500,000 in products have been produced to our specifications by Shenzhen E'Jenie. We anticipate increasing the total contract value in the future."
According to Chairman Yi Bo Sun, "We are pleased with the progress made to satisfy the exacting requirements of key customers like Gao Yi Electronic Co., Ltd. According, anticipate new orders that will keep production levels at or near full capacity."
About Gao Yi Electronics Co., Ltd.
Gao Yi Electronic Company Limited is in the business of researching and developing, manufacturing, and distributing lithium-ion battery products in China. Gao Yi Electronics is one of the largest lithium-ion mobile phone manufacturers in the world, with products marketed under many popular brands, such as "Ke Jian," "Bo Dao," "Southern Science," "TCL" and other mobile phone brands. Mr. Jun Xiao is CEO of Gao Yi Electronics Co., Ltd.
About China Digital Communication Group
China Digital Communication Group (OTC BB: CHID), through its Shenzhen E'Jenie subsidiary, is a rapidly growing manufacturer of battery component products and related technology for use in electronic products, primarily mobile phones. Since December 2003, the Company has adopted the approach of using licenses, joint ventures, mergers and acquisitions to bring battery and telecom equipment makers in China to markets overseas. The Company's products now power digital cameras, camera phones, PDAs, and laptop computers in East Asia and beyond. China Digital is continuing its expansion across China while also seeking distribution partners in the United States.
For more information on China Digital, go to its website at www.chinadigitalgroup.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.
Contact:
China Digital Communications Group Contact: Roy Teng, Vice President Tel: 310 461 1322 Fax: 310 461 1323 Email: teng.roy@chinadigitalgroup.com Website: www.chinadigitalgroup.com
Investor Relations John Hicks Sussex Avenue Partners Tel: 760-918-5592 Toll-free: 866-878-7739 news@sussexavenuepartners.com http://www.sussexavenueprofiles.com
Source: Market Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|