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China Digital Announces Milestone $4.1 Million Purchase Order with Large Chinese Enterprise Client

Posted on: Thursday, 9 July 2009, 07:30 CDT

NEW YORK and SHENZHEN, China, July 9 /PRNewswire-Asia-FirstCall/ -- China Digital Communication Group (OTC Bulletin Board: CHID), a manufacturer and developer of battery components in China, announced today that the Company received a purchase order for lithium ion batteries valued at $4.1 million from China Electronics Shenzhen Company.

This order relates to two of China Digital's new products, which consist of high-quality rechargeable lithium ion batteries for mobile phones, as well as laptops. The purchase order was received this week and all deliveries are to be completed by November 2009.

"This substantial $4.1 million order represents a milestone achievement in the sales effort for our battery distribution segment," said Mr. Fushun Li, CEO of China Digital. "Working with large enterprises like China Electronics Shenzhen Company provides a major validation to China Digital's products and the quality of our services. As we fulfill this order throughout the remainder of the year we will strive to win future business from China Electronics Shenzhen Company, in addition to expanding our sales channels to target additional enterprise clients in the coming months."

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 U.S.

About China Electronics Shenzhen Company

Established in April 1980 with a registered capital of $175 million RMB, China Electronics Shenzhen Company is a holding subsidiary of CEIEC, and was formerly established by the Ministry of Electronics Industry. Foreign trade of various electronics and IT products represents the company's core competency; however the company also makes strategic investments in several other industries.

The company sells electronic appliances, consumer electronics, digital media, audio/video equipment, communications products, lighting, computer accessories, semi-conductor materials, and electronic components for the automobile industry. Through its course of business it works with many large multinational corporations, including top 500 global enterprises.

The company currently ranks 43rd out of the top 100 export driven state- owned enterprises in China. The company has held an AAA bank credit rating and is a member of the Shenzhen Chamber of Commerce for Imports and Exports.

For more information, please visit: http://www.ceiecsz.com.cn

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.

SOURCE China Digital Communication Group

Source: PR Newswire

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