China Digital Communication Group Receives $2.5 Million Purchase Order
06 Januar 2006 - 2:00PM
PR Newswire (US)
LOS ANGELES and SHENZHEN, China, Jan. 6 /PRNewswire-FirstCall/ --
China Digital Communication Group (OTC:CHID) (BULLETIN BOARD: CHID)
, one of the fastest growing battery components manufacturers in
China, announced today that its wholly owned subsidiary, Shenzhen
E'Jenie Science and Technology Development Co., Ltd. ("E'Jenie"),
has received a purchase order from Shenzhen Yin Si Qi Electronic
Co., Ltd. ("Yin Si Qi"), a subsidiary of HeNan Star Technology
Stock Co., Ltd. ("HeNan"). HeNan, which trades on the Shenzhen
Stock Exchange Market (SZN: 000676), is the largest
non-governmental and multi-industry high- tech group in the HeNan
province of China. Yi Bo Sun, China Digital's Chairman and Chief
Executive Officer, stated, "Yin Si Qi is an innovative company,
responsible for creating patented, environmentally-friendly battery
technologies that meet today's emerging global industry standards.
Yin Si Qi has an excellent reputation and large production base in
the Shenzhen Guangdong province in China. Purchases from Yin Si Qi
include steel and aluminum shells and caps, and are valued to add
$2.5 million to China Digital's revenues in 2006." Ming Li,
Purchasing Manager of Yi Si Qi, stated, "We selected China Digital
for their ability to meet our high standards of quality and product
specifications. We are confident China Digital can meet our
accelerated delivery schedules as we increase production of our
battery lines." Yin Si Qi specializes in the R&D, manufacturing
and marketing of environmentally-friendly Li-ion and Li-polymer
cells, battery packs and chargers for use in a wide range of
electronic consumer products. Products include digital cameras,
camcorders, MP3s, laptops, portable DVDs, Bluetooth wireless
technology and PDAs. About China Digital Communication Group China
Digital Communication Group, through its Shenzhen E'Jenie
subsidiary, is a rapidly growing manufacturer of battery shells 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, visit http://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. For further information, contact: At the
Company: China Digital Communication Group Roy Teng 310-461-1322
E-mail: http://www.chinadigitalgroup.com/ Investor Relations: OTC
Financial Network Peter Clark 781-444-6100, x629
http://www.otcfn.com/chid DATASOURCE: China Digital Communication
Group CONTACT: At the Company: Roy Teng of China Digital
Communication Group, +1-310-461-1322, ; or Investor Relations:
Peter Clark of OTC Financial Network, +1-781-444-6100, ext. 629,
Web site: http://www.chinadigitalgroup.com/
Copyright