#fixed net

[xaverg-blog]

Chinese cellphone subscriber Q1 strength increases by 27,340,000 The fixed net only makes a reduction of 2,190,000

The news on April 21, four major operators of China announced the subscriber data of the first quarter of this year successively, mobile UNICOM increases 27,343,000 users newly; The telecommunication network is open though broadband users increase to some extent, has run off fixed telephone users for 9 months in succession, lose blood to accelerate.

The total number of mobile subscribers of China is increased to 392,140,000, increases users 22,800,000 newly in the first quarter; Gain 93,024 million yuan, increase by 19.7%; Net profit is 24,102 million yuan, increase by 37.2%, outshining others keeps snowball.

UNICOM GSM users add up to Damien 124 million, have a net increase of 3,661,000 totally in the first quarter; CDMA users add up to Damien 42,809,000, have a net increase of 882,000 totally in the first quarter.

The put through local telephone subscriber 109 million of network, users only make a reduction of 1,720,000; Broadband is from user to 21,660,000, users have a net increase of 1,890,000. By March of this year, it is the 9th month continuously that the network is open users only ran off, the network led to fixed telephone users to run off 3,152,000 last year, this trend continues aggravating this year.

The customers of China Telecom family user are 121 million, reduce by 470,000 compared with the fourth quarter of 2007, the customer runs off slower; Broadband users have a net increase of 2,060,000, are up to 37,710,000. The intersection of fixed telephone and number of users of China Telecom last 9 month negative growth too.

Last year, two open company user's numbers of dropouts of the whole year of telecommunication network were close to 7 million, run off and is up to 2,190,000 in the first quarter of this year.

[zqbalgrat-blog]

The auspicious letter maintains China Netcom (HK) Grade neutrally

Report on August 14, the auspicious letter shows, maintain China Netcom (00906) Grade neutrally and the goal price of 29 Hong Kong dollar. This walks and claims, coming from rival's increased competition of Chinese mobile communication influences, expect the network throws in the open first half of the year except that the net income containing fee income drops by 5.8% to 5,515 million yuan for the first time; Then the material drops 11.4% to 5,950 million yuan to take into account the net income containing fee of the beginning.

The auspicious letter is expected, it is continuously weak and weary that the business of open fixed net of the network will increase, but the part will and not be compensated by the speech business the wide band with powerful amplification. This walks and believes investors will not make profits a short time and is interested in very much, will pay close attention to its recombinating process and future business strategy instead.

Auspicious letter refer to, network coherent stock price announce will it be the beginning June trade recombinate drop by 15% totally, not seeing stock price catalyst in short term, the main pressure of material future comes from and connects (00762) Combined execution risk.

[haleling-blog]

Chinese cellphone subscriber Q1 strength increases by 27,340,000 The fixed net only makes a reduction of 2,190,000

The news on April 21, four major operators of China announced the subscriber data of the first quarter of this year successively, mobile UNICOM increases 27,343,000 users newly; The telecommunication network is open though broadband users increase to some extent, has run off fixed telephone users for 9 months in succession, lose blood to accelerate.

The total number of mobile subscribers of China is increased to 392,140,000, increases users 22,800,000 newly in the first quarter; Gain 93,024 million yuan, increase by 19.7%; Net profit is 24,102 million yuan, increase by 37.2%, outshining others keeps snowball.

UNICOM GSM users add up to Damien 124 million, have a net increase of 3,661,000 totally in the first quarter; CDMA users add up to Damien 42,809,000, have a net increase of 882,000 totally in the first quarter.

The put through local telephone subscriber 109 million of network, users only make a reduction of 1,720,000; Broadband is from user to 21,660,000, users have a net increase of 1,890,000. By March of this year, it is the 9th month continuously that the network is open users only ran off, the network led to fixed telephone users to run off 3,152,000 last year, this trend continues aggravating this year.

The customers of China Telecom family user are 121 million, reduce by 470,000 compared with the fourth quarter of 2007, the customer runs off slower; Broadband users have a net increase of 2,060,000, are up to 37,710,000. The intersection of fixed telephone and number of users of China Telecom last 9 month negative growth too.

Last year, two open company user's numbers of dropouts of the whole year of telecommunication network were close to 7 million, run off and is up to 2,190,000 in the first quarter of this year.

[zqbalgrat-blog]

The wide electric metwork will establish the independent company's operation broadband service

8/14/2008,When the Chinese operator of fixed net is busy with telecommunications to recombinate, forming broadband service that its camp accepted the main source has already become the new round of expanding focus of operator of broadcasting and TV quietly.

August 12, wide electric metwork (600831 SH) Release the announcement to point out, company's board meeting has already adopted the resolution of revising the corporation by-law on August 8, newly-increased in the business sphere of company " Internet inserts service item, information service of value-added telecommunications, electronic production distribution " Wait for the content.

As far as reporter know, as far back as 2005, the wide electric metwork was put out in Xi'an and other places " Wide Dentsu " Individual and enterprise's broadband service, but is limited by in scale of investment and technological difficult problem, the broadband service of the wide electric metwork was developed slowly in the past few years. But the State Council of China of January of this year " A Document No. " Issue wide electric metwork, song for including wired at broadcasting and TV operators inner in China, have offered the policy question of entering the broadband service on a large scale.

Enticement of broadband

Here " A Document No. " Broadcasting and TV, telecommunication " Prohibit entering bidirectionally " Turn into " The two-way entry " And then, the operator of broadcasting and TV cleared away and marched the qualifications of the lucrative value-added telecom services at last, especially can improve the broadband service of the company ARPU value greatly.

Through the preparing and waiting of more than half a year, operators of broadcasting and TV of China begin to seek the break-through of the broadband service one after another after July of this year.

At the beginning of July this year, the broadcasting television main station of Yangzhou and establishing the wide electric metwork Co., Ltd. of Yangzhou jointly with the continent electron, registered capital is 65,060,000 yuan, the main station of broadcasting television of Yangzhou accounts for 51% of the registered capital, accounts for 49% with the continent electron, it is wired in Yangzhou locality that this company is, the main operators of ground digital television and broadband service.

And will it be will it be the beginning August this year, Beijing the intersection of broadcasting and TV and the intersection of operator and song China wired to announce the announcement, claim even, according to company and LGI China Holdings, BV (free media Chinese holding company) , PRCVP Beijing Broadband L.P. sign " cooperative agreement on setting up the co-partnership company of broadband ", the total capital cost will reach 100 million dollars.

Obviously the pursuit to the broadband service of operator of broadcasting and TV has already begun to embody, the wide electric metwork joins this ranks too.

Finish the operator of wired network integral broadcasting and TV in the whole province as the first of China, the wide electric metwork pulls open the prelude changed in Xi'an and other places wholly in digitization of cable television synchronously from August 5 this year on one hand, on the other hand it is previous to even begin correctly " The minor plate " — — & mdash of broadband service; — Make up a missed lesson.

The wide electric metwork relevant person tells reporters, in fact as far back as 2005 wide electric metwork on begin, introduce, mix network, carry on the intersection of Internet and broadband access through optic fibre with axle in Xi'an and other places " Wide Dentsu " Business, began the broadband Fibernet of resident's community (FTTB) again in 2006 The intersection of Internet and business of way, put into minor earlier stage, such pilot the intersection of broadband service and user stay for a long time in 50,000 household about.

As to this, the wide electric metwork Chairman Lu XiaoMing shows, the past broadband service of broadcasting and TV is because of not getting the licence, quite a lot come through the intersection of network and the intersection of coherent, telecommunication,etc. and the intersection of telecommunication and the intersection of operator and way of cooperation in all parts use the intersection of telecommunication and operator wide to take mouth out of, its situation of income is not high, so operator put the broadcasting and TV of all parts into not all big.

But the video-information of martial prowers in Shenzhen has succeeded in developing nearly 300,000 households of broadband user through the two-way engineered chance of the digital television network, this has provided reference for operator of regional broadcasting and TV, the wide electric metwork is in wired network assets of a dozen cities of Shaanxi of integration since 2007, also bring the broadband service into schedule.

The wide electric metwork relevant person shows, include value-added telecom services in business spheres of the listed company this time, and then will actually utilize financing ability of the listed company to prepare for the thing that tenable in the independent broadband service company.

Aim at telecommunications and recombinate the chance

In the view of operator of broadcasting and TV, recombinate overall expanded telecommunications and perhaps provide the chance for operator's development broadband service of the broadcasting and TV in the second half of this year.

Song the intersection of China and wired little cloth Luo, director of market, show, " The most high mobile communication business of ARPU value is that the telecommunication operator fights for the fiercest field next, especially after release 3G license plate more so, so operator's following input focal point of telecommunications is in this field, and the input to the broadband service will be reduced naturally, this actually provides the chance for operator of broadcasting and TV. "

But can the operator of broadcasting and TV take advantage of a weak point? The relevant person of Chinese General Bureau of Radio, Film and TV Technology Office shows, " Though ' 1 Document No. ' come into force already, the intersection of value-added telecom services and licence release also in industry and informationization department at present, so the operators of broadcasting and TV of all parts also need to file an application and incorporate the single broadband company with limited laibility. "

It is introduced though including song wired to already obtain the licence in inner the intersection of broadcasting and TV and operator in China at present, but song China has examination and approval of the collinear broadband co-partnership company to use for nearly one year.

In addition, there are many technological difficult problems next in the broadband service of the operator of broadcasting and TV, such difficult problems as export renting, bandwidth which includes Internet is rented.

Since 2007, Chinese General Bureau of Radio, Film and TV requires the operator of broadcasting and TV of all parts to carry on the two-way transformation to the original wired network, metropolitan area network and transformation of access network, transformation and insert broadband, basically have a too loud problem through the intersection of Ethernet and way in metropolitan area network at present, but to there are certain questions through mixing the access mode of the net coaxiallying.

The relevant person of Chinese General Bureau of Radio, Film and TV Technology Office points out, " Because mix the mode of the net coaxially, traditional video business and broadband service will share the same network, so on the issue to have frequency assignment, namely will not influence the watching of the telecast while surfing the Net, mode of this access has not sought unity of standard yet at present, there are certain problems in the broadband service that the operator of regional broadcasting and TV introduces. "

In addition, what a lot of local broadcasting and TV operators adopted is not Internet's broadband service, because these bandwidth of Internet rents the expenses very high, even if China Netcom, China Telecom are difficult to bear, it is generally more difficult for user's scale to accept.

What merits attention is, ARPU value of broadband service which operators of broadcasting and TV such as the wide electric metwork,etc. introduced in earlier stage has already dropped from left and right sides of 80 yuan of every month in 2005 to the present one because of the fierce price competition Less than 70 yuan, and will popularize the broadband service on a large scale next, the price question is one of the questions of perplexing the wide electric metwork.

" Because of facing the difficult problems of three respects such as the above-mentioned technology, price, cost, it is a bright hope that the operator of broadcasting and TV regards broadband as the new point of growth of profit, it is still very difficult to realize. " If the academy relevant person of the telecommunications of Guangdong shows.

[zqbalgrat-blog]

Money telecommunications stocks goal price in auspicious silver is reduced

Delivered the research report to show yesterday, because of increasing the negative view on China Telecom trade with auspicious silver, reduce the goal price of telecommunications stocks, and China Mobile (00941 HK) Still first-selected for trade.

Auspicious silver is called, data display, the telecommunication trade including fixed net and moving trader, the growth in earnings slows down to 7.7% in the second quarter, it is the low order over the past 5 years. The personage understands in obtaining employment according to auspicious silver, slowing down mainly because begin to cut down and move and roam the fee on April 1 this year. Rough estimate, cut down measure, make it drop 3% not to move the intersection of trade and income, account for 60% of gross income, trade of telecommunication, last year, it is enough to tow the low trade income to increase 180 guiding marks. In addition macroeconomy slow down, cause influence to trade also, auspicious silver estimate, the macroscopical factor makes the trade increase and slow 130 guiding marks down.

This walks and shows, it thought in the past two years the price elasticity was in order to move the positive factor of the trade, but presenting over several years in the second quarter of this year, the price elasticity is weakened for the first time, the reason the macroeconomy slows and inflation down, reduce the intention to consume. In addition the intersection of fixed net and local quarter loss of flowrate, by 4% of will it be four seasons last year, and 5% of the first season of this year, accelerate it to 8% of the second quarter of this year. Auspicious silver believes, move in place of the speed and further accelerate. The intersection of fixed net and long-range flowrate per year worried to drop 20%, 7% of relative the first season of this year, the material major cause is that the operator cuts down and roams the fee.

Auspicious silver visited the reputable personage in the industry at the same time, in order to find out about the trade trend. Most interviewees think the trade competition will rise or remain unchanged slowly, China Mobile and new UNICOM (coherent to amalgamate and come on by UNICOM and network) City taking rate increase to some extent,but last arranging status China Mobile. The telecommunications (00728 HK) in most interviewees think Become the moving main competitor in China, but not new UNICOM. Close to half to think from 5 to 10 in the future, China's telecommunications have growth potential of the most high income. Most interviewees believe, the integration course of new UNICOM is more complicated than to hit the integration of telecommunications, but exceed half the number interviewee to show, expand because of CDMA, China's telecommunications will face higher income pressure.

Most interviewee's expectancy, recombinate in one year, Chinese Government will introduce the unsymmetry to supervise, but will not sacrifice China Mobile because of facilitating the rival. Interviewees think the strongest antisymmetrical measure in order to can move the number with the sex and set up upgrade of the city taking rate, but more interviewees do not think the measure will influence China's moving ascendancy, relatively watch the execution of the measure attentively because of it. As for 3G license plate, will release more than ninety percent of the interviewee material at the end of this year or next first half of the year, the majority will introduce 3G service progressively if the majority thinks 3 operators, but not promote the capital expenditure of 3G immediately.

Auspicious silver shows, because of increasing the negative view on China Telecom trade, lower China Mobile's goal price from 178 Hong Kong dollars to 138 Hong Kong dollar, mainly reflect the lower average income (ARPU) of each household Suppose, but keep " Buy in " Grading. Auspicious silver will also hit the goal price of telecommunications to regulate to 4.9 Hong Kong dollar from 5.2 Hong Kong dollars, in order to reflect more aggressive market affair from 2 to 3 will be popularized in the future, will reduce CDMA business profit prospect; Grade keeping " Neutral " . UNICOM's goal price is dropped to 14.6 Hong Kong dollar by 16.9 Hong Kong dollars, and the network is open (00906 HK) The goal price is also dropped to 22 Hong Kong dollar by 25.4 Hong Kong dollars, in order to reflect the aggressive network expands the plan, it grade also therefore to increase by the capital expenditures of the businesses GSM from " Neutral " Leave and regulate to " Buy and sell " . Auspicious silver maintains the A-share CHINAUNICOM (600050 SH) " Buy and sell " Grade, the goal price is cut down from 8.3 yuan to 6.7 yuan.

This walks and points out, China Mobile continues first-selectedly for its trade, secondly hit telecommunications, comparatively read the new antithetical couplet general rule light. Local telecommunication trade expert and overseas investor are analogous to difference to new UNICOM and open in net view, since announcing the trade recombinates in China, UNICOM and network open stock price have displayed and is superior to 17% to 19% of China's telecommunication, reflect investment relatively keeps an eye on the basic factor prospect of new UNICOM. But in the expert interviewed by auspicious silver, only 2% believe new UNICOM will become the moving essence rival of China, and there are 72% while thinking the threats of telecommunications are relatively obvious.

From the viewpoint of value chain, slow down on the basis of economy, increased competition, capital expenditure increasing, supervision measure are not clear, auspicious silver the intersection of centering and the intersection of money and the intersection of telecommunications stocks and future prospect for 12 month hold scrupulous attitude, believe the intersection of resurgence and communication Waited for the telecommunication equipment trader, more attractive than telecommunications stocks, Caulis Et Folium Skimmiae could benefit from the capital expenditure of China Telecom trade and was in the cycle of rising in material Apparatus Shang.

[villanuedr-blog]

Alcatel Lucent is 19,600,000 dollars of net profit in the second quarter Amalgamate the profit for the first time for 3 years

News Alcatel Lucent (call in the following text " Alcatel Lucent " )Today is released the financial statement of second quarter of 2009, realize the net profit of 14 million euro (nearly equal to 19,600,000 dollars) ,Amalgamated and realized and made profits for the first time so far since 2006.

Pay close attention to the main point in the second quarter of 2009

· The business volume is 3,905 million euro, drop by 4.8% compared with the same period of last year, the chain rate rises by 8.5%

· The gross profit of 2 is 1,293 million euro after adjusting, accounts for 33.1% of the business volume

· The operation of 2 gains 1 after adjusting - 62 million euro, accounts for business volume -1.6%

· Net income ( Group burst) It is 14 million euro, or 0.01 euro for every strand, including disposable project

· The operation cash flow 3 is - 287 million euro

· By June 30 of 2009, the net debt / cash is 28 million euro

· Reaffirm the expectancy of 2009: The operation profit after adjusting will keep near balance line of revenue and expenditure

Key information

· Company's business volume is 3,905 million euro in the second quarter, dropped by 4.8% compared with the same period of last year, the chain rate raises up 8.5%. Such as calculating according to the fixed exchange rate, the business volume drops by 10.5% compared with the same period of last year, the chain rate raises up 10.5%. Influenced by the fact that the fixed net inserts, exchanges and the mere network service of land is reduced, the gliding of two figures has appeared in the business volume of operator's business. Meanwhile, wireless business glides about 5%, glide the range to obviously slow down than the first quarter, this benefits from lasting growth and recovery of CDMA business income of W-CDMA business. The business volume of enterprise's network service continues gliding with two figures. The growth less than 5% has appeared in the business volume of the business of the application software, and the growth rate of service item business volume is close to 10%. According to geographic distribution, the business volumes of Europe and world other areas have both presented the decline of two figures. , have to glide 13%) ,Compared with first quarter there is prominent improvement. The business of the Asian-Pacific area resumes growth, mainly because of the drive of the business of China and India.

· Regulate back operating loss into 62 million euro, accounts for business volume - 1.6%. This quarter, the gross margin percentage after adjusting accounts for 33.1% of the business volume, it was 36.2% at the same period last year, it was 31.5% in the first quarter of 2009. Gross margin percentage it drops to be from appreciation of sales volume, products, regional proportion, U.S. dollar and the same period last year lump-sum the intersection of capital and profit have compared with the same period of last year ' Damien 50bp of the impact on gross margin percentage) Influence. The chain rate of the gross margin percentage raises up to benefit from the sales volume and constituent influence of income. Company research and develop whom expenditure capitalize reduce by a wide margin and appreciation of U.S. dollar make the intersection of operation and expenditure increase 1.1% compared with the same period of last year. In the second quarter, according to chain rate, the operation expenditure drops by 2.3%, reflect the project implementation of the ongoing reduction of cost of the company to a great extent.

· Company net income ( Group burst) It is 14 million euro or every strand of 0.01 euro. Three lump-sum projects have influenced net income of this quarter of Alcatel Lucent and net income after adjusting. These three items include 1) The duty-free capital profit of 255 million euro from Thales' stock right transfer has, the financial income of inscription. 2)Come from losing before-tax at 175 million euro that 2.875% of the extant value of convertible debt book of Lucent adjusts (after tax of 107 million euro) . 3)Gain to noise temperature ratio that 129 million euro correlated with selling the satellite business to Thales in 2007 does not pay taxes. The net income of after tax produced by this three items is 277 million euro or every strand of 0.12 euro.

· Company's net cash is 28 million euro, and the net debt will be 841 million euro at the end of first quarter of 2009. Reduced net debt income of stock right transfer of Thales from value of 1,566 million euro of this quarter mainly of 869 million euro, it is offsetted by the following expenditure parts, namely operation out-of-pocket expenses of 287 million euro, recombinating the out-of-pocket expenses of 104 million euro, and buying the extant value of book of 2023 convertible debt of Lucent to adjust 165 million euro. The operation out-of-pocket expenses of 287 million euro are mainly ascribed to the other net working capital demands of the increase of the operation expenses and 385 million euro. This 385 million euro was mainly several quarters and 537 million Ou of substantial decrease whose formative high-order level from then on from creditor, customer's guaranty money and prepayment Yuan, and the debtors are discounted and reduced by 111 million euro than last issue. Alcatel Lucent has made progress in stock account and receivables management, especially postpone the payment for goods. Alcatel Lucent will continue making great efforts in the second half year.

· Up to June, pension and other retired welfare funds allot the state as - 1,162 million euro, and - 545 million euro at the end of first quarter of 2009. Mainly presenting lasting deficit, in that the American pension discount rate and discount rate of retired employee's plan for health guarantee have dropped by about 1 percentage point, it is 6.07% and 5.64% respectively. The pension assets have calculated and realized growth with U.S. dollar, has reflected the profit of the financial market; But because of the decline of U.S. dollar and European dollar exchange rate of this quarter, calculate these assets to remain stable with European dollar.

Prospect forecast and progress for the strategical planning

Alcatel Lucent reaffirms its 2009's expectancy. Company will yet it is expected the global telecommunication equipment and relevant fall of service market of 2009 among 8% and 12%. The operation profit still of the company after being expected to adjust will keep near balance line of revenue and expenditure.

The progress of lowering costs projectly: In order to realize the annual goal of lowering costs, Alcatel Lucent has taken multiple measures by area, labor service sends personnel, cooperation is purchased, amalgamate facilities including reducing the post, reducing, reduce, use commission agent, reduce commission, seek, raise the intersection of operation and efficiency means,etc. while being other. The company plans according to the year-end operating ratio (exit run rate) in the fourth quarter of 2009 Meet the target of reducing the costs of 750 million euro, expect, it finishes this to be project 35% already at present.

Progress about alliance's strategy. On June 18 of 2009, Alcatel Lucent claims to reach the 10 - year long alliance agreement with Hewlett-Packard, aim at raising the efficiency of Alcatel Lucent IS/IT infrastructure, and pass and unite " Move towards the market " Ways innovative lasting incoming. At present, Alcatel Lucent look for other the intersection of alliance and cooperation relation in order to raise efficiency that tradition being researched and developed their.

Completion of Thales' trade. May 17 of 2009, Alcatel Lucent sells 20.8% of the shares of Thales to reach for France and ask for the aviation group (Dassault Aviation) at 1,566 million euro . The company is considering the possibility to sell other non-core assets at present.

The home discusses:

[zqbalgrat-blog]

China Mobile: The tap can't be replaced

Relatively the market is anticipated good in the operation data in June, and newly-increased customer in June has also relatively many in May, the situation reflecting the cellular telephone replaces the fixed net lasts. China Mobile's current customer is up to 400 million at present, the leading status can't be replaced. It is expected in the formal operation of 3G network, China will rise to move APUR after the new service is put out, expect the stock price and see resistance in 108 yuan, can be rising and supporting this level to leave the theatre first.

[villanuedr-blog]

Conference on Interaction and Confidence-Building Measures in Asia costs 7,200,000 dollars of net profit of second quarter

The gross income increases by 39.3% compared with the same period of last year;

Net income ( Non- common accounting criterion) Exceed and is expected to reach 53,400,000 dollars, increase by 55% compared with the same period of last year;

Running incomes continuously exceeds expectancy, reach every strand of 16 cents;

Conference on Interaction and Confidence-Building Measures in Asia net income( Non- common accounting criterion) Every strand costs 26 cents, increase by 85.7% compared with the same period of last year.

July 30 of 2009, the leading software service provider of China, Yaxin Company (Nasdaq: ASIA) Have announced the wealth newspaper in the second quarter of 2009 to the outside.

Conference on Interaction and Confidence-Building Measures in Asia CEO Mr. Zhang ZhenQing shows: " I am very glad income and profit in the second quarter of Conference on Interaction and Confidence-Building Measures in Asia go beyond expectancy, have obtained the robust growth of another quarter. The overall synthetic solution of the Conference on Interaction and Confidence-Building Measures in Asia, from system implementation, maintenance service, consultation to get high value, benefit from the intersection of telesoftware and increase of expenditure continuously. This because operator extend and optimize the intersection of IT and infrastructure further, fixed net, broadband, the intersection of mobile service and in order to offer, truss up the service item integration. "

Wealth newspaper in the second quarter of 2009

In the second quarter of 2009, the gross income of the Conference on Interaction and Confidence-Building Measures in Asia will reach 58,600,000 dollars, increase by 39.3% compared with the same period of last year, the chain rate increases by 14.9%. Second quarter net income ( Non- common accounting criterion) Exceed expectancy, reach 53,400,000 dollars, increase by 55% compared with the same period of last year, the chain rate increases by 12%. The growth of the income mainly benefits from the remarkable behavior of the company on customer's markets of three major operators.

In the second quarter, Yaxin Company signs the cooperative agreement with 7 province branch companies of China Mobile, for its staging BI system in order to support the operation of China Mobile TD-SCMDA 3G network; Win a bid of Beijing, move, set up new charge system in order to support their prepaid fee business for it; Sign the contract with CHINAUNICOM, expand the China movement e-mail system, in order to support the application of the E-mail function in the mobile phone.

In the second quarter of 2009, the gross margin percentage is 49%, it was 45% at the same period last year, it was 54% in the previous quarter. With than increase main because profit software solutions high the increases of income and decline where hardware sell, third party of profit more. The gross profit takes the net income in the second quarter ' Non- common accounting criterion) 53.9%,the same period last year is 55.4%, previous quarter for 57.7%. Yaxin Company shows the gross profit takes the net income ' Non- common accounting criterion) Relatively remain stable in the past several quarters, about about 55%.

Company's total operating expenses reach 22,400,000 dollars, increase by 44.4% compared with the same period of last year, the chain rate increases by 4.9%. Among them research and develop the expenses and reach 8,800,000 dollars, increase by 74.8% compared with the same period of last year, the chain rate increases by 21.9%. It accords with the strategy of the company to research and develop the increase of the expenses, invest in the research and development of the world-class products continuously, and the next market opportunity establishes the solid foundation at present.

In the second quarter of 2009, the Conference on Interaction and Confidence-Building Measures in Asia will run incomes and reach 6,400,000 dollars, increase by 80% compared with the same period of last year, the chain rate increases by 3.4%. The profit rate of operation is 10.9%, it was 8.5% at the same period last year, it was 12.2% in the previous quarter. Second quarter operation profit rate( Non- common accounting criterion) It is 12%, it was 10.3% at the same period last year, it was 13% in the previous quarter. The increase of the profit rate of operation is mainly because of company's scale economy and improvement of operation efficiency, the reducing of the chain rate is mainly the result that stock right cost increases.

In the second quarter of 2009, the net income of the Conference on Interaction and Confidence-Building Measures in Asia is 7,200,000 dollars, every strand is 16 cents, it was 5,200,000 dollars at the same period last year, every strand costs 12 cents, it was 5,800,000 dollars in the previous quarter, every strand is 13 cents.

The second quarter of 2009, the net income of the Conference on Interaction and Confidence-Building Measures in Asia (non- common accounting criterion) It is 11,400,000 dollars, earning per share is 26 cents. It was 6,200,000 dollars at the same period last year, every strand is 14 cents. It was 7,100,000 dollars last quarter, earning per share is 17 cents. Increase by 83.7% compared with the same period of last year, the chain rate increases by 59.7%. By June 30 of 2009, hold the cash, cash equivalent, restricted cash and reach 189,300,000 dollars in Conference on Interaction and Confidence-Building Measures in Asia, and 35,400,000 dollars of liquid investment Damien. Running about 307,000 dollars of net outflow of cash flow in the second quarter of 2009.

Wealth newspaper in the first half of 2009

In the first half of 2009, the gross income of the Conference on Interaction and Confidence-Building Measures in Asia reaches 109,500,000 dollars, increase by 42.1% compared with the same period of last year. First half of the year net income ( Non- common accounting criterion) Reach 101 million dollars, increase by 55.1% compared with the same period of last year. The gross margin percentage is 51.4%, it was 47.9% at the same period last year. The gross profit takes the net income ' Non- common accounting criterion) 55.7%,the same period last year 56.6%. It is 12,600,000 dollars to run incomes, increase by 102.1% compared with the same period of last year.

The first half of 2009, the net income of the Conference on Interaction and Confidence-Building Measures in Asia is 13 million dollars, earning per share is 30 cents. It was 10,500,000 dollars at the same period last year, every strand is 23 cents, increased by 23.8% compared with the same period of last year. Conference on Interaction and Confidence-Building Measures in Asia net income( Non- common accounting criterion) It is 18,500,000 dollars, earning per share is 42 cents, increase by 62.3% compared with the same period of last year.

Expectancy in the third quarter of 2009

The expectancy of Conference on Interaction and Confidence-Building Measures in Asia: The company will run the net income per share between 17 cents and 18 cents continuously in the third quarter of 2009, increase by 30% to 38% compared with the same period of last year. Net income ( Non- common accounting criterion) Between 60 million dollars and 61 million dollars, will increase by 40% to 42% compared with the same period of last year.