| Founded
on April, 1992, Cosun is a product developing,
manufacturing and selling enterprise of China's
large communication terminal. It mainly engages
communication terminal on studying, exploiting,
manufacturing and selling the products. It is
a large domestic enterprise manufacturing communication
terminal products such as telephone, mobile phone
etc.
Cosun
has more than 20 subsidiaries engaged in communication
terminal studying, developing, manufacturing and
selling, such as Hui Zhou Qiao Xing telecom industry
Co., Ltd, Hui Zhou Qiao Xing telecommunication
industry Co., Ltd, CECTELECOM Co.,LTD, Qiao Xing
famous technical Co., Ltd, Huizhou Qiao Xing luo
shi purified science technology co,ltd etc. Now
the company have 7,521 employees, and more than
30% of them have received university education
or over.
Cosun
is a hi-tech enterprise stressed by the state
torch program, one of the top 500 Chinese enterprises,
one of the top Chinese top 500 enterprises in
manufacturing sector, one of the top Chinese 100
electronics information enterprises and one of
the top Chinese 100 private enterprises, one of
the Guangdong Province top 100 private enterprises,
and one of the Guangdong top 100 enterprises.
Cosun
has established 4000 sale network points home
and abroad. The products by Cosun has been introduced
into more than 20 countries and regions. The main
products of Cosun are GSM mobile phones, CDMA
mobile phones, telephones, wireless fixed telephones,
fax, VoIP network phones, set-top boxes, tax control
machines, radios, electronic toys ; Areas to be
covered are industry design of communication terminal
products and development, design and manufacture
of the dies and microphone head.
On
the aspects of fixed telephones, Cosun telephones
have consecutively led the nation before the two
for 12 years from 1995 to 2006. And the sales
volume became NO. 1 on the year 1999, 2004 and
2005.On Sep.1st, 2002, Cosun telephones were awarded
by the State Administration of Quality Supervision,
China Brand Strategy Committee as the "China
Famous Brand" products. Re-assessed in such
a honor in 2005.
On
the aspects of mobile phones, on Mar. 2002, subsidiary
of Cosun invested 316 million to purchase the
CECTELECOM Co.,LTD (CECT Mobile phone ), enter
the GSM, CDMA mobile phone area, which has controlling
93.4% stocks. On March 2006, Cosun acquired the
Qiao Xing COSUN brand mobile phone license issued
by the Reform and Development Commission. “Qiao
Xing series” mobile phone is formally constituted--
two brand mobiles “CECT” and “COSUN”.
In
terms of the capital operation, on Feb.17th, NASDAQ:
XING successfully listed in NASDAQ, the United
States, creating the first listing of the Chinese
private enterprise in the United States and becoming
the most dazzling star stock in Nasdaq. On May
3rd 2002, Cosun’s subordinate company Cosun mobile
communication (NYSE: QXM) landing successfully
on New York Stock Exchange of American, becoming
the first domestic mobile phone manufacturer listed
in NYSE.
In
terms of production operation, the company realized
an output of 6.96 billion in 2003, 7.018 billion
in 2004, and 7.6 billion in 2005, 8.5 billion
in 2006, and the brand value is over 3 billion.
The company produced and sold telephone for more
than 10 million per year, mobile phones for over
four million per year.
In
terms of scientific and technological research
and development, Cosun has a over 5,000 square
meters communication terminal products research
center, and the company has respectively set up
R & D centers in Beijing, Shanghai, Huizhou,
Shenzhen for cell phone, telephone, fax and e-Toys.
At the same time, the company has established
research and development bases in many colleges
and universities. In 2004, Guangdong mobile communication
terminal engineering and technology research and
development center was established in Cosun. Cosun
research center had won the "Guangdong provincial
IPR 100 advantages of private enterprises",
"The Guangdong Advantageous Provincial IPR
Enterprise" and "IPR Advantageous of
Private Enterprises in Huizhou City”.
Currently,
Cosun is extending from the traditional communication
terminal products manufacture to the internet-related
industries, network game operation and other value-added
industries. The aim is to become a world-class
telecommunication terminal products manufacturer.
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