Thursday, October 4, 2007

TechFaith Wireless Technology Group Limited

Industry: Telecommunications

Main business locations: China, U.S.

Registered Office:
P.O. Box 957,
Offshore Incorporations Centre,
Road Town, Tortola,
British Virgin Islands

Date of Incorporation: July 2002

Listed on: NASDAQ
Ticker: CNTF

Financial highlights:
Total Assets (2006): USD 207,714,000
Total Revenue (2006): USD 80,804,000
Shareholder’s equity: USD 166,350,000
Net loss (2006): USD 8,800,000
Total gross profit (2006): USD 25,699,000

Auditors: Deloitte Touche Tohmatsu

Bankers: The Bank of New York Ltd.

About the BVI company:
TechFaith is registered in the British Virgin Islands, headquartered in Beijing and operating mainly in China. The company focuses on the research, development and design of mobile hand software. TechFaith's business includes handset design, feature phone solution, wireless module and data card, application software, Smartphone and Pocket PCs. Having a full range of wireless application software including WAP, Java, MMS, WW browser, SyncML and DRM, the company provides total solutions for upper layer software of handsets. TechFaith also develops smartphone software based on open operating systems including Linux and Windows Mobile. The company maintains offices in Shanghai, Shenzhen and San Diego.

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