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China Digital Trades at Discount

Mr. Lin, please tell me more about the plans for uplisting and other recent corporate events.

We recently conducted a reverse split and are in the process of effecting a ticker change. Our name will change to "New Energy Systems Group" in upcoming weeks, to accurately reflect the primary focus of our business. Junfeng Chen is CFO of our operating company in Shenzhen and has been with the company for almost five years. He is currently acting as interim CFO for China Digital while we search for a candidate to assume to CFO role of our U.S.-listed entity. That search is under way and is focused on individuals with an international skill set and a focus on accretive acquisitions.

China Digital's products

On a more qualitative note, one of the other things I like about CMTP is its attention to investor relations. To set up a meeting in China, I called the company's internal New York-based investor relations vice president who answers on the first ring and speaks English.

CMTP has also retained China America Financial Communications as an investor relations service. CAFG recently coordinated CMTP's quarterly earnings call. While these may seem like logical steps, they are often not followed by U.S.-listed China companies. Simple things such as these give me confidence that CMTP will be able to quickly attract and retain the interest of investors.

-- Written by Rick Pearson in Beijing.

At the time of publication, Pearson was long China Digital Communications. Rick Pearson is a Beijing-based private investor focusing on U.S.-listed China small-cap stocks. Until 2005, Pearson was a director at Deutsche Bank, spending nine years in equity capital markets in New York, Hong Kong and London. Previously, he spent time working in venture capital in Beijing. Mr. Pearson graduated magna cum laude with a degree in finance from the University of Southern California and studied Mandarin for six years. He has frequently lived, worked and traveled in China since 1992.
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