Roy does reply quickly.
He just said it might be from the ""intention of the M&A" from the new management team" in the recent press release.
That would be this PR:
China Digital Communication Group Targets Acquisitions in the Electronic Power Resource Sector
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Market Wire
08:00 a.m. 01/13/2006
LOS ANGELES, CA AND SHENZHEN, CHINA, Jan 13, 2006 (MARKET WIRE via COMTEX) -- China Digital Communication Group (CHID), one of the fastest growing battery components manufacturers in China, announced today that the Company is seeking potential acquisition opportunities within the electronic power resource sector in both China and the United States.
Yi Bo Sun, China Digital's Chairman and Chief Executive Officer, stated, "We have an acquisition strategy focused on building our sales, marketing and distribution opportunities in the global electronic power resource industry. In the United States and China, this industry remains highly fragmented and we believe it is now ready for consolidation. With our production facilities in China, we can offer companies the opportunity to significantly grow their business through increased access to capital and research and development. We are focused on those companies that complement our existing competencies, and can be accretive to earnings immediately or within 12 months of joining China Digital."
Yorkville / Cornell Tracking Board #board-9964
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