China Digital Communication Group Names Veteran Electronics Industry Executive Fushun Li as New CEO
11 Maio 2009 - 9:30AM
PR Newswire (US)
Fushun Li to Spearhead Company's New Business and Growth
Initiatives NEW YORK and SHENZHEN, China, May 11
/PRNewswire-Asia-FirstCall/ -- China Digital Communication Group
(OTC:CHID) (BULLETIN BOARD: CHID) , a leading manufacturer of
battery components in China, announced today that a Chinese
business leader with over 20 years of management and electronics
industry background is its new Chief Executive Officer and
director. Mr. Li was formerly the founder and president of Shenzhen
Kai Bi Te Tech. Co., Ltd, an electronic components and 3C
electronic products manufacturer that reached revenues in excess of
1 billion RMB under his leadership. Mr. Li's background spans more
than 20 years in various executive roles at equipment manufacturers
and electronic companies in Shenzhen and Guangzhou. "I am excited
to be appointed the new CEO of China Digital Communication, and I
look forward to driving the new business strategies that will
enable the Company to realize its full potential in China," said
Mr. Li. "I strive to improve our current financial and business
development initiatives based on my strong management and marketing
background in the electronics industry in China." Mr. Li's
professional background includes management roles at Guangzhou
Xunxing Communication Equipment, a subsidiary of China
Telecommunication Corporation. "After full evaluation of the
company's manufacturing processes we hope to diversify China
Digital Communication's product line and enhance our visibility
both with battery cell manufacturers in China, as well as the
investment community in the United States," said Mr. Li. "I will be
working closely with my management team and our financial
communications firm to ensure that stockholders are kept fully
informed of the Company's initiatives and achievements in the
coming weeks and 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. For more information, please visit:
http://www.chinadigitalcommunication.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 Communication Group Ken
Lin, 917-573-0302 or China America Financial Communications Group
Darren Minton, 212-823-0523 DATASOURCE: China Digital Communication
Group CONTACT: Ken Lin of China Digital Communication Group,
+1-917-573-0302, ; or Darren Minton of China America Financial
Communications Group, +1-212-823-0523, Web Site:
http://www.chinadigitalcommunication.com/
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