SOURCE: China Digital Communication Group

July 28, 2006 11:25 ET

China Digital Communication Group Added to China Small Cap Index

LOS ANGELES, CA and SHENZHEN, CHINA -- (MARKET WIRE) -- July 28, 2006 -- China Digital Communication Group (OTCBB: CHID), one of the fastest growing battery components manufacturers in China, announced today that it has been added as a component of the Ludlow China SmallCap Index.

China Digital CEO Ran Liang said, "We're pleased to be part of the Ludlow China SmallCap Index. This further enhances our visibility in the American capital markets and provides us with useful exposure to investors."

About Ludlow Capital

Headquartered in Manhattan, Ludlow Capital is a full service investment banking company that assists companies and institutional investors by arranging private equity financing and secondary public offerings.

The Ludlow Small Cap China Index is a basket of some of the top U.S.-traded OTC and small cap Chinese stocks. The index provides institutional and individual investors a gauge for tracking the day-to-day performance of small cap Chinese stocks in a diversified basket. The index is designed for investors who have a long-term bullish outlook on China's emerging market. The Ludlow China Index is owned and operated by Ludlow China Fund, Inc., based in New York City.

About China Digital Communication Group

China Digital Communication Group has two wholly owned subsidiaries, Shenzhen E'Jenie Science and Technology Development Co. Ltd. and Galaxy View International. E'Jenie manufactures and sells advanced high-quality lithium-ion battery shell and cap products to all major lithium-ion battery cell manufacturers in China and has recently begun manufacturing complete batteries. E'Jenie's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. Galaxy View, through its subsidiary Sono Digital, is a leading supplier of third-generation (3G) communications technology and equipment in China. China Digital Communication Group is continuing its expansion, while seeking distribution partners and acquisitions in new global markets, including the United States. For more information, visit http://www.chinadigitalgroup.com or contact Roy Teng of China Digital, (310) 461-1322, e-mail: info@chinadigitalgroup.com.

An investment profile on China Digital Communication Group may be found at http://www.hawkassociates.com/chinadigital/profile.php.

For investor relations information regarding China Digital Communication Group, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.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 Information

  • Contact:
    Roy Teng
    China Digital
    (310) 461-1322
    e-mail: Email Contact

    Investor Relations
    Frank Hawkins
    Ken AuYeung
    Hawk Associates
    (305) 451-1888
    e-mail: Email Contact