Management Team to Discuss Financial Results, Business Operations, and Growth for 2009 and Beyond
NEW YORK and SHENZHEN, China, August 1 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components in China, today announced that it will release its operating results for the second quarter in early August. Management will conduct a conference call and simultaneous webcast to discuss second quarter results and future outlook on August 6, 2009.
"We look forward to updating our shareholders on China Digital's recent developments," said Fushun Li, CEO of China Digital. "We have signed a milestone agreement with China Electronics Shenzhen Company for the sales of lithium ion batteries valued at $4.1 million and provided financial guidance for the full-year 2009, both of which provide validation for our business model and our plans to expand in China's growing battery production and distribution markets."
Conference Call Details:
China Digital will hold a conference call to discuss its financial results, business operations and growth for 2009 and beyond at 11 am, Eastern Daylight Time, August 6, 2009. Participants on the call will include the CEO and CFO of China Digital. A brief question and answer session will follow.
Interested participants should dial 877-407-0778 when calling within the United States or 201-689-8565 when calling internationally. Please register for the conference call 10 minutes before the scheduled start time. There will be a playback available until September 6, 2009. To listen to the playback dial 877-660-6853 when calling within the United States, or 201-612-7415 when calling internationally and use Account number: 286, in conjunction with replay ID number: 329721.
A webcast of the conference call will be available on the Company's website at http://www.chinadigitalcommunication.com .
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 a manufacturer and developer of advanced telecommunications equipment in China. E'Jenie sells high-quality lithium-ion battery shell and cap products to 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.
