GIONEE (HK) COMMUNICATION EQUIPMENT LTD Hong Kong

GIONEE (HK) COMMUNICATION EQUIPMENT LIMITED is the wholly-owned subsidiary of Our Mother group was established on August 20, 2002, with a registered capital of RMB 60 million and an investment of RMB 0. 2 billion in the first phase. Gionee now has more than 1600 staffs. The company consists of the R& D Department, the Business and Cooperation Department, the Integrated Marketing Center (IMC) , the Sales and Services Department, the Financial Department, the Customer Service Department, the Training Service Department, the Administrative Department, two product test laboratories and two production factories. Now Gionee Communication has two processing plants, with a total investment of more than RMB80 million, an area of factory building of more than 20, 000 square meters and the number of staff beyond 1000 persons. Our Factory is a plant specialized in processing of electronic products and electric appliances, with a total fixed asset of RMB 63 million. It is a factory with building area of more than 11000 square meters and the number of staff 750, among which 70% hold the technical educational background beyond secondary school, and the engineering and technical personnel number 90. The plant has 8 fully automatic high-speed production lines of SMT and 15 assembly lines, with the maximum daily production capacity of 6 million points. Another RMB 40 million is planned to invest, which will add the production lines to 10 and the daily production capacity will reach 8 million points. At the beginning of 2003, Gionee Communication invested RMB 20 million to construct another production plant, which has been put into operation successfully. The plant has four automatic production lines for mobile phone assembly, each of them is equipped with 17 sets of computers, and the investment on equipments of each line reaches RMB 10 million, which enables the general assembling level, product quality and the capability of test to reach the domestic advanced level of the industry. The initial annual production capacity of the plant is 2 million sets, and in 2004, the company will invest another RMB 30 million, to construct the plant into an automated modern production base specialized in mobile phone, with an annual production capacity of 5 million sets.