AMEX:NEWN

New Energy Systems Group to Acquire Shenzhen NewPower Technology Co., Ltd.

-- $14.7 million purchase price consisting of cash and stock -- NewPower projected to generate at least $2.5 million of net income in 2010 -- Acquisition increases profitability of New Energy's existing battery distribution business -- Ability to increase N...

2009-12-14 21:30 497

New Energy Systems Group Appoints Prominent Industry Veteran and Anytone Co-Founder Weihe Yu as Chairman of the Board

NEW YORK and SHENZHEN, China, Dec. 10 /PRNewswire-Asia/ -- New Energy Systems Group (OTC Bulletin Board: NEWN), a manufacturer and distributor of battery components in China, today announced that it has appointed Weihe Yu as Chairman of the Board. Mr. Yu is one of the founders of Shenzhen Anyton...

2009-12-10 21:30 494

New Energy Systems Group Completes Previously Announced Acquisition of Anytone International (H.K.) Co., Ltd.

NEW YORK and SHENZHEN, China, Dec. 7 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (OTC Bulletin Board: NEWN), a manufacturer and distributor of battery components in China, today announced that it has completed the previously announced acquisition of Anytone International (H.K.) Co., ...

2009-12-07 21:30 584

New Energy Systems Group Awarded $2.2 Million Purchase Order for Lithium Ion Batteries from Shenzhen Gaoke Group

NEW YORK and SHENZHEN, China, Dec. 2 /PRNewswire-Asia/ -- New Energy Systems Group (OTC Bulletin Board: NEWN), a manufacturer and distributor of battery components in China, today announced that it has received a purchase order for lithium ion batteries valued at $2.2 million from Shenzhen Gaoke...

2009-12-02 21:30 526

New Energy Systems Group Announces Agreement to Acquire Anytone International (H.K.) Co., Ltd.

Acquisition Price of $33.7 million in cash and stock Anytone projected to generate $6.7 million of net income in 2010 NEW YORK and SHENZHEN, China, Nov. 23 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (OTC Bulletin Board: NEWN), a manufacturer and distributor of battery componen...

2009-11-23 21:30 700

China Digital Communication Group Approved for Name Change to New Energy Systems Group

NEW YORK and SHENZHEN, China, Nov. 18 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components in China, today announced that it has obtained approval from FINRA to change its name to New Energy Systems Group. In conj...

2009-11-18 05:00 531

China Digital Communication Group Reports Strong Third Quarter 2009 Results

NEW YORK and SHENZHEN, China, Nov. 14 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components in China, today announced financial results for the three months ended September 30, 2009. Third Quarter 2009 Hig...

2009-11-14 05:00 533

China Digital Communication Group to Host Third Quarter 2009 Conference Call on November 16, 2009

NEW YORK and SHENZHEN, China, Nov. 11 /PRNewswire-Asia-FirstCall/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components in China, today announced that it will release financial results for the third quarter of 2009 on Friday, Novemb...

2009-11-11 20:00 528

China Digital Announces Name Change to "New Energy Systems Group"

New Name and Branding to More Aptly Reflect Company's Focus on Satisfying Rising Demand for Lithium Ion Batteries NEW YORK, and SHENZHEN, China, Aug. 26 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components ...

2009-08-26 20:30 602

China Digital Files 8-K Providing Second Quarter 2009 Earnings Call Transcript

Management Team Discusses Financial Results, Business Operations, and Growth for 2009 and Beyond NEW YORK and SHENZHEN, China, Aug. 24 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components in China, today anno...

2009-08-24 20:30 614

China Digital Second Quarter Conference Call Today at 11 AM Eastern

Management Team to Discuss Financial Results, Business Operations, and Growth for 2009 and Beyond NEW YORK and SHENZHEN, China, Aug. 6 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components in China, announce...

2009-08-06 20:00 482

China Digital Communication Group Reports Second Quarter 2009 Financial Results

Strong Growth Continues, Q2 Revenue Increases 358% to $5.4 Million, Q2 Net Income of $1.3 Million Compared to Net Loss in Q2 2008 NEW YORK, and SHENZHEN, China, Aug. 6 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of batter...

2009-08-06 04:00 534

China Digital Communication Group Appoints Junfeng Chen as Interim CFO

Management Team and Board to Undergo Candidate Search for New CFO to Align Company with New Growth Initiatives NEW YORK and SHENZHEN, China, Aug. 4 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery components in Chin...

2009-08-04 20:30 581

China Digital Communication Group to Host Second Quarter Conference Call

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 anno...

2009-08-01 05:00 509

China Digital Communication Group Issues Revenue and Earnings Guidance for 2009

Company Forecasts 2009 Revenue of $23 to $25 Million and Net Income of $5.3 to $6.0 Million, Exceeding Prior Performance NEW YORK and SHENZHEN, China, July 16 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CMTP), a manufacturer and distributor of battery component...

2009-07-16 20:30 539

China Digital Communication Group Undergoes 10-for-1 Reverse Stock Split and Ticker Change to CMTP

Reverse Stock Split and New Ticker Occurs Today, July 13, 2009 NEW YORK and SHENZHEN, China, July 13 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CHID), a manufacturer of battery components in China, undergoes its previously announced 10-for-1 reverse stock ...

2009-07-13 20:20 636

China Digital Communication Group Announces 10-for-1 Reverse Stock Split and Ticker Change to CMTP

Reverse Stock Split and New Ticker to Take Place July 13, 2009 NEW YORK and SHENZHEN, China, July 11 /PRNewswire-Asia/ -- China Digital Communication Group (OTC Bulletin Board: CHID), a manufacturer of battery components in China, announced today its 10-for-1 reverse stock split is to take pl...

2009-07-11 04:45 679

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

Lithium Ion Battery Order by China Electronics Shenzhen Company Validates China Digital’s Product Quality and Business Model NEW YORK and SHENZHEN, China, July 9 /PRNewswire-Asia-FirstCall/ -- China Digital Communication Group (OTC Bulletin Board: CHID), a manufacturer and developer of batter...

2009-07-09 20:30 551
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