untitled

40 200 39

A 4,000 1.00 2007 134,649,438 22,659,075 20% 4,531,815 2007 11i

11ii

1 94,649,438 4,000 134,649,438 22,659,075 20% 4,531,815 2 2006 8 28 2006 2005 24,393,165 3SCDMA 2007 SCDMA 35% 250 2007 35% 4 Champion Link International Ltd. Cascade Capital Management,LLC Acorn Campus Asia Fund I,L.P Acorn Campus Fund II,L.P WFChen, LLC Genesis Campus IA,L.P. Genesis Campus I,L.P.2006 12 11iii

2008 12 31 2008 12 31 SCDMA SCDMA 2008 5 6 13G 3G 3G 3G SCDMA 3G SCDMA 3G 2 11iv

70% 3 4 2004 90% 5 SCDMA SCDMA SCDMA 11v

... 1...1...3... 8...8...10...10...11...12... 13...13...14...14...16... 17... 28...28...28...30...32...35...35...39...40...54...55...56 11vi

... 57...58...61...84...94...109...119...125... 127...127...129... 150...150...155...156...156...157...158...158...158...159... 162...162...169...169...169...170... 172...172 11vii

...180...180...181...186...187...187...189...191...192...193...194...195...195...196... 198...199...218...231...234...235...235...239...239... 241...241...244...244...245...245 11viii

... 246...246...247...253... 255...255...255...256...256... 257...257...257...263...263...264... 265... 272...272...272...272...272 11ix

1 A 2006 8 28 Agilent Technologies Qualcomm Inc. ITU International Telecommunications Union 111

Motorola, Inc Cisco Systems, Inc. Siemens AG Cwill Cwill Telecommunications Inc. Infoexcel Group Limited 112

() BVI IDC International Data Corporation NI National Instruments Corporation Skyworks Skyworks Solutions, Inc. TCL TCL 113

SCDMA 2G 3G 3G 3rd Generation (1G) GSM CDMA (2G) TD-SCDMA WCDMA 114

CDMA2000 3G WCDMA CDMA2000 TD-SCDMA ARPU BS BSC CDMA CDMA450 450MHz CKD CPE E1 E1 ERP FDD GSM HLR HSDPA IAD IEEE 802.16(d)(e) IP-VPN IP-VPN ISO9001 ISO LMCC LS/GW / LSCC McWiLL R5 SCDMA MHz 115

NGN ODM OEM OFDMA ONU OSS PCMCIA PDA PHS PQC PSTN SA BSC LMCC E1 SCDMA SCDMA 1800 1800MHz SCDMA 400 400MHz SCDMA 400/1800 SCDMA 1800SCDMA 400 SCDMA SKD SMC SS7 SWAP+ SCDMA TCP/IP / TDD TD-SCDMA TRAI TRAI 116

U219 SCDMA VSAT WiMAX WTO 117

SCDMA SCDMA SCDMA SCDMA 400/1800 SCDMA SCDMA SCDMA 400 SCDMA 1800 SCDMA 400 SCDMA 1800 SCDMA SCDMA 103 SCDMA SCDMA SCDMA 400 SCDMA TD-SCDMA SCDMA 400/1800 25 1000 SCDMA 118

2003 1.85 2005 10.89 142.62% 2003 0.35 2005 2.06 142.60% 2005 Red Herring 100 2006 Forbes 2005 100 () Beijing Xinwei Telecom TechnologyInc. 40 94,649,438 94,649,438 () 1995 11 2 2000823 [2001] 93 2001 3 29 () 16 SCDMA 119

43.66% () 1994 4 28 500 () 52,327 44.46% () 2006 6 30 2005 12 31 2004 12 31 2003 12 31 1,656,731,591 1,686,778,714 1,008,311,540 377,208,584 1,487,395,761 1,523,912,932 963,008,089 337,460,047 150,747,859 144,471,669 27,118,512 18,559,842 1,268,923,970 1,376,769,651 856,842,684 358,630,565 1,188,457,292 1,287,529,932 830,401,752 338,330,565 80,466,678 89,239,719 26,440,932 20,300,000 384,946,061 307,946,351 150,865,334 18,448,613 1110

() 2006 2005 2004 2003 494,152,176 1,089,888,039 582,259,537 185,547,790 235,822,506 477,995,514 283,636,380 103,679,128 97,106,094 230,905,054 130,142,692 33,600,495 97,718,132 249,693,405 159,806,735 35,313,127 76,999,710 206,054,345 132,356,721 35,215,858 () 2006 2005 2004 2003-4,416,198-136,474,299 7,881,711-62,272,383-28,287,332-58,463,617-14,793,975-5,858,954-62,107,372 390,113,364 50,057,835 76,969,202-94,810,902 195,175,448 43,145,571 8,837,865 () 2006 2005 2004 2003 1.25 1.18 1.16 1.00 0.77 0.79 0.58 0.55 / 1.76 3.70 3.74 1.70 / 0.96 1.24 0.95 0.73 124,457,369 294,448,882 183,244,792 50,074,147 6.75 9.06 11.8 5.37 63.82% 73.22% 68.12% 92.88% / 4.07 3.25 1.99 0.24 / 0.81 2.18 1.75 0.47 / 0.81 2.51 1.75 0.47 / -0.05-1.44 0.10-0.82 / -1.00 2.06 0.57 0.12 A 1.00 1111

4,000 2006 8 28 2006 1 SCDMA 38,731 2 SCDMA 11,829 3 SCDMA 7,029 4 SCDMA 17,830 5 31,616 6 29,965 137,000 1112

A 1.00 4,000 29.71% 2005 4.07 2006 6 30 2006 6 30 A 1.9% 1113

300 370 500 0.35% 2007 2007 2007 2007 () 40 8 7 01062802288 01062802299 () 200 39 02168604866 02158883554 1114

() 2 1711 01064106566 01064106928 () 118 01 1213 01065681188 01065681022 () 222 30 0216141888801085207788 01085181218 () () 1093 18 1115

075525938000 075525988122 1116

3G 3G 3G 3G SCDMA 3G SCDMA 3G 3G 3G SCDMA 2003 2004 2005 2006 72.27%76.25%74.19% 71.53% 12 1117

1118

SCDMA SCDMA SCDMA SCDMA SCDMA SCDMA McWiLL R5 SCDMA SCDMA SCDMA SCDMA SCDMA SCDMA 1119

2003 2004 2005 2006 89.46%95.51%90.34% 89.78%2003 2004 2005 2006 211 96 97 204 491 380 289 376 2006 6 30 695,928,523 1 95.94%12 2.21%23 0.95%3 0.91% 41.37% 1 0.5% 2003 2004 2005 2006-62,272,383 7,881,711-136,474,299-4,416,198 1120

SCDMA SCDMA SCDMA SCDMA SCDMA SCDMA SCDMA PHSWiMAX SCDMA 1121

2005 2006 1% 2% 142.62% 142.60% 1122

SCDMA SCDMA SCDMA SCDMA SCDMA IC 1123

2005 43.90% 42,081,190 44.46% 1124

SCDMA SCDMA SCDMA 400/1800 SCDMA SCDMA 1800 SCDMA1800 PHS SCDMA 1800 SCDMA 400 SCDMA 1800 SCDMA 1800 2003 2004 2005 2006 SCDMA 1800 11.23%8.05%25.16% 12.67% SCDMA 1800 1125

15% 2000 7 25 2004 2005 2004 29,341,212 BVI 1126

1127

Beijing Xinwei Telecom Technology, Inc. 94,649,438 94,649,438 2001 3 29 40 100083 01062802288 01062802299 http://www.xinwei.com.cn xinwei@pub.xinwei.com.cn () 1995 11 2 [2000]823 [2001] 93 2001 2 10 [2001]0014 2001 3 29 010821 7,571.96 () 1128

54.575%29.925%10%4.5% 1% () 1 2005 12 31 2006 6 30 2006 6 30 2005 12 31 160,937.46 142,695.71 23,395.59 18,821.74 49,973.68 94,511.37 4,573.85 8,112.20 12005 22006 6 30 2 () SCDMA SCDMA SCDMA () 1129

() () 1130

() SCDMA () () 1131

() () () 1 1995 10 16 [1995]312 200 130 120 10 65% 70 40 30 35%1995 11 2 130 65% 70 35% 200 100% 1998 12 14 [1998]408 286 264 22 1132

154 88 66 440 1998 12 31 416 65% 224 35% 640 100% 1999 11 17 [1999]345 71.11 1999 12 9 416 58.5% 224 31.5% 71.11 10% 711.11 100% 2000 6 27 1% 2.925% 1.575% 2000 8 28 [2000]656 3,880,883 54.575% 2,127,997 29.925% 711,110 10% 320,000 4.5% 71,111 1% 7,111,100 100% SCDMA 2 2001 2 6 1133

[2001] 93 2000 6 30 75,719,550 11 75,719,550 1 2001 2 10 20010014 2001 3 29 41,323,944 54.575% 22,659,075 29.925% 7,571,955 10% 3,407,380 4.5% 757,196 1% 75,719,550 100% 2004 10 22 2,121,474.56 18,929,888 20%2005 7 28 [2005]1551 1,893 2004 10 22 2005 7 11 20010014 2005 8 26 94,649,438 41,323,944 43.66% 22,659,075 23.94% 18,929,888 20% 7,571,955 8% 3,407,380 3.6% 757,196 0.8% 1134

94,649,438 100% () () 2001 3 2000 6 30 75,719,550 11 75,719,550 75,719,550 KPMG-A(2001)CVNO.0006 2000 6 30 2000 6 30 75,719,550 75,719,550 () 2005 2005 8 26 2005 8 23 [2005] 1-018 2005 8 23 18,929,888 94,649,438 2006 11 17 2005 8 23 2,620,000.00 18,929,888 2,306,784.00 1135

() 100% 100% 43.66% 0.8% 23.94% 20% 8% 3.6% 98% 1% 1% 1 2 3 () 1136

1137

() 1 2 SCDMA SCDMA SCDMA SCDMA SCDMA CDMA 3 1138

4 5 () 1 2001 7 13 04591 10 2 2001 9 7 603633 27 1 () 1998 4 1 2,000 5009032100630 1139

1,960 98% 20 1% 20 1% 2,000 100% SCDMA 11 2005 12 31 2006 6 30 2006 6 30 2005 12 31 110,039.74 108,968.88 14,324.44 10,330.20 39,729.75 95,367.93 3,994.24 7,295.95 () () 1 1994 4 28 2006 7 14 2005 1101081424242 40 1140

500 2005 12 31 2006 6 30 2006 6 30 2005 12 31 160,937.46 142,695.71 23,395.59 18,821.74 49,973.68 94,511.37 4,573.85 8,112.20 2 12005 22006 6 30 3002 Barton Point Circle, Austin, Texas Preston Gates & Ellis LLP 2006 9 28 2006 10 6 () A Cascade Capital Management 2,607,822 14.98% B International Network Capital Corp. 1,256,145 7.22% B International Network Capital LDC 921,630 5.29% B 379,117 2.18% 5,164,714 29.67% Champion Link International Ltd. 4,205,208 24.16% Dragon Victory Co. Ltd 4,205,000 24.16% 1,023,354 5.88% International Network Capital Corp. 142,560 0.82% 1141

International Network Capital LDC 116,640 0.67% 2,807,668 14.64% 12,241,230 70.33% 17,405,944 100% Champion Link International Ltd. 81.733% Cascade Capital Management Cascade Capital Mangement,LLC Cascade Capital ManagementLLC Managing Director Cascade Capital ManagementLLC Cascade Capital ManagementLLC 14.98% 0.13% Dragon Victory Co. Ltd 100% 2005 12 31 2006 6 30 2006 6 30 2005 12 31 15,062,703.14 12,471,875.76 13,867,387.99 11,276,560.61 2,488,115.00 3,659,390.82 2,487,569.60 3,671,383.93 3 1999 6 4 2006 5 30 2005 4603002102951 204B 5,000 1142

2,000 40% 1,500 30% 425 8.5% 425 8.5% 350 7% 300 6% 5,000 100% 2005 12 31 2006 6 30 2006 6 30 2005 12 31 12,940.80 12,752.13 4,186.25 4,322.71 193.44 347.16-136.45-204.74 4 12005 22006 6 30 2000 6 26 2006 6 8 2005 4603002100691 402 1,000 500 50% 300 30% 200 20% 1,000 100% 2005 12 31 2006 6 30 2006 6 30 2005 12 31 1,344.28 1,344.25 1143

1,170.02 1,169.99 0.00 0.00 0.0288 344.32 5 1998 5 12 2005 11 11 2005 1101081448342 40 500 6 5 2,000 2005 12 31 2006 6 30 2006 6 30 2005 12 31 671.98 684.92 547.37 553.91 105.63 455.18-6.54 6.23 6 12005 22006 6 30 (1) 2004 8 9 20% BVI Maples And Calder 2006 11 16 1144

BVI BVI Maples And Calder 2006 11 16 () 1 3,310,000 17.49% 2 950,000 5.02% 3 700,000 3.70% 4 500,000 2.64% 5 350,000 1.85% 6 350,000 1.85% 7 300,000 1.58% 8 283,948 1.50% 9 250,000 1.32% 10 220,000 1.16% 11 140,000 0.74% 12 120,000 0.63% 13 80,452 0.42% 14 80,000 0.42% 15 50,000 0.26% 16 5 3,407,483 3%4% 17 2 903,597 2%3% 18 7 1,885,911 1%2% 19 159 5,048,497 1% 18,929,888 100% 1-15 2005 12 31 2006 6 30 2006 6 30 2005 12 31 4,909,117.42 4,925,905.20 2,342,353.42 2,359,141.20 0.00 0.00-16,787.78-7,094.80 (2) 1145

2004 8 9 BVI 18,929,888 2,366,236 18,929,888 0.125 SCDMA 1 1 60 (3) 2004 6 14 [2004]441 2004 10 18 2004 12 31 [2004]1256 2005 4 22 1146

2005 7 11 20010014 2005 7 28 [2005]1551 1,893 2004 10 22 2005 8 26 2006 12 5 () () 1 44.46% Infoexcel Group Limited 2005 20% 55.575% 2005 1000001003497 40 52,327 1147

2 2005 12 31 2006 6 30 2006 6 30 2005 12 31 1,063,997.37 983,407.23 114,763.65 113,116.50 190,874.26 339,444.00 2,105.97-31,551.71 12005 22006 6 30 2005-315,517,086.34 2005-696,120,195.92 TD-SCDMA 2005-379,817,702.00 2005 2006 2006 22,084,384.87 TD-SCDMA 3G SCDMA 3G TD-SCDMA SCDMA 2006 19.08 2,105.97 () 1148

100% 100% 19.22% 30.34% 100% 92.52% 100% 100% 100% 100% 100% 47.06% 100% 100% 5.41 % 6.26% 100% 1 35.29% 17.65% 1998 9 21 43,898.64 40 2006 6 30 30.34% 6.26% 1998 10 21 600198 2005 12 31 2006 6 30 2006 6 30 2005 12 31 430,172.74 494,561.74 106,704.74 104,678.36 98,257.77 156,044.20 2,208.44-69,612.02 12005 22006 6 30 39,239.81 2005 12 31 170,761.37 2005 16,753.7 6,000 2005 12 31 98,581.64 2005 1,073.31 2 2005 1 14 15,772.8707 40 2006 6 30 1149

92.52% TD-SCDMA TD-SCDMA 2005 12 31 2006 6 30 2006 6 30 2005 12 31 146,975.13 113,774.74 4,156.16 5,842.18 4,682.97 24,444.30-4,711.34-6,028.29 12005 22006 6 30 3 1994 1 20 22,490 A-1-63 2006 6 30 19.22% 5.41% 000851 2005 12 31 2006 6 30 2006 6 30 2005 12 31 75,908.28 64,515.86 24,952.49 24,271.16 18,783.98 37,521.11 681.34 1,057.94 12005 22006 6 30 4 2001 4 6 6,668.2 40 2005 12 31 2006 6 30 2006 6 30 2005 12 31 32,880.51 30,222.52 17,813.01 16,616.90 1150

6,565.00 18,523.90 1,201.12 1,348.45 12005 22006 6 30 5 2001 6 20 8,893.4 48 2005 12 31 2006 6 30 2006 6 30 2005 12 31 33,798.26 31,562.08 23,299.34 20,603.69 4,012.96 11,323.18 2,643.85 2,174.45 12005 22006 6 30 6 2000 10 1 2,456.6 275 2005 12 31 2006 6 30 2006 6 30 2005 12 31 9,651.95 10,149.12 6,827.21 7,067.41 991.19 3,151.01-166.56-174.37 12005 22006 6 30 7 2000 10 1 800 22 2005 12 31 2006 6 30 2006 6 30 2005 12 31 1151

5,458.52 5,548.97 5,458.52 3,483.53 276.48 504.89 292.97 38.18 12005 22006 6 30 8 2000 10 1 3,930 6 2005 12 31 2006 6 30 2006 6 30 2005 12 31 19,080.89 19,652.63 9,913.74 9,676.54 4,133.95 9740.37 445.55 910.16 12005 22006 6 30 9 2001 4 6 1,929.9 155 2005 12 31 2006 6 30 2006 6 30 2005 12 31 4,869.40 4,972.88 3,983.85 4,064.69 883.30 1,548.97-81.64 97.34 12005 22006 6 30 10 2001 4 6 400 40 1152

2005 12 31 2006 6 30 2006 6 30 2005 12 31 1,520.60 1,464.49 1,048.74 990.88 313.66 682.69 57.86 102.48 12005 22006 6 30 11 2000 10 1 1,000 2005 12 31 2006 6 30 2006 6 30 2005 12 31 2,985.41 3,051.52 2,222.88 2,315.14 168.03 626.96-90.46 12.94 12005 22006 6 30 12 1998 5 18 255 40 1 409 47.06% 35.29% 17.65% 2005 12 31 2006 6 30 2006 6 30 2005 12 31 1,183.55 1,395.42 157.72 328.39-140.60 770.36 1153

-170.66 12.70 12005 22006 6 30 13 1997 1 3 1,369.3 40 2005 12 31 2006 6 30 2006 6 30 2005 12 31 3,573.78 1,348.39 1,189.87 765.85 1,679.26 1,697.51-45.30 39.56 12005 22006 6 30 () () 94,649,438 4,000 29.71% () 41,323,944 43.66% 22,659,075 23.94% 18,929,888 20% 7,571,955 8% 3,407,380 3.6% 757,196 0.8% 94,649,438 100% 2000 12 22 [2000]819 1154

SLS 2005 2004 12 31 [2004]1256 4,132.39 43.66% 75.72 0.8% SLS 2005 7 28 [2005]1551 1,893 1,893 Infoexcel Group Limited Infoexcel Group Limited 18,929,888 20% () () 20% 4,531,815 () 1155

20032004 2005 587 1,353 2,103 2006 6 30 2,583 1 % 577 22.34% 894 34.61% 763 29.54% 45 1.74% 304 11.77% 2,583 100% 2 % 1,334 51.65% 579 22.42% 670 25.94% 2,583 100% 3 % 30 1,926 74.56% 31-40 536 20.75% 41-50 116 4.49% 51 5 0.19% 2,583 100% () 2006 9 1 1156

SCDMA SCDMA SCDMA SCDMA SCDMA 400/1800 SCDMA SCDMA TD-SCDMA SCDMA SCDMA 400 SCDMA 1800 SCDMA 400 SCDMA 1800 1800MHz SCDMA SCDMA 103 SCDMA 400MHz 1800MHz 25 SCDMA 400/1800 1000 SCDMA SCDMA SCDMA 1157

SCDMA 2003 1.85 2005 10.89 142.62% 2003 0.35 2005 2.06 142.60% 2005 Red Herring 100 2006 Forbes 2005 100 () 010821 16 () SCDMA () 1 SCDMA TDD SWAP+ 3G 2004 SCDMA SCDMA 1158

SCDMA OFDMA 15Mbps SCDMA 2 SCDMA SCDMA 400 SCDMA 1800 SCDMA 400 SCDMA 1800 SCDMA SCDMA SCDMA 400 SCDMA 1800 SCDMA SCDMA A SCDMA 1800 B SCDMA 400 C SCDMA (1) SCDMA 400 SCDMA 400 SCDMA 400 SCDMA 400 SCDMA 1800 SCDMA 400 PST601 PST602 FT718 N100 SCDMA 400 SCDMA 400 SCDMA 400 (2) SCDMA 1800 1159

SCDMA 1800 SCDMA 1800 DBS SCDMA 400 SCDMA 1800 SCDMA 1800 PST101 PST102 U219 SCDMA 1800 SCDMA 1800 SCDMA 1800 (3) SCDMA SCDMA SCDMA SCDMA SCDMA SCDMA CPEPCMCIA IAD PDA 3 (1) (2) (3) 1160

(4) () SCDMA () 1 (1) (2) (3) 2 (1) 1161

(2) (3) (4) (5) 1162

2003 4 1 IP GSMCDMA 3G IP-VPN (6) 2004 1 2005 3 (1) 1163

(2) (3) (4) (5) (6) (7) IP (8) () 1164

1 (1) 2006 6 30 3.65 4.26 9,205.1 2006 6 30 7,593 4,506 2002 2006 2002 21,441.9 20,661.6 4,970.0 2003 26,330.5 26,869.3 5,365.7 2004 31,244.3 33,482.4 7,171.3 2005 35,043.3 39,342.8 7,323.2 2006 6 36,530.1 42,637.1 7,593.5 (2) 2005 GDP 1,268 26.63% 29.90% 26,329 56.35% 64.40% 33,674 59.01% 79.44% 33,156 66.57% 95.78% 28,764 43.12% 123.14% 1165

23,930 42.92% 96.81% 15,833 40.35% 109.09% 36,273 60.60% 67.62% 23,213 56.64% 51.44% 31,324 45.89% 73.97% 24,759 42.65% 101.38% 13,455 59.57% 96.99% 23,960 53.89% 122.65% 17,040 42.93% 113.04% 14,136 49.17% 79.39% 25,436 56.86% 91.39% GDP 2005 3.93 IDC 2010 5.75 16.2% 4.1% GSM CDMA CDMA450 SCDMA 400 2004 1 2005 30 1166

2G/3G SCDMA 400 1167

VPN 2 (1) [2003]73 900/1800MHz GSM 800MHz CDMA 900/1800MHz GSM 1168

800MHz CDMA SNI UNI SNIUNI (2) 2001 10 21 1169

PHS SCDMA 1800 GSM GSM GSMCDMA GSMCDMA PHSSCDMACDMA450 PHSSCDMA VSAT 3 (1) GSM CDMA PHS SCDMA (2) IDC 2005 1,800 IT 770 1,030 IT 1170

NGNNGN DSLFTTX IP 3G 3G 3G GSM/CDMAIDC 2008 2100 870 1230 3G 200 4 (1) 1171

1172 GSM CDMA GSM CDMA GSM CDMA GSM CDMA GSM CDMA 3G 3G 3G 3G 3G 3G 2G 3G SCDMA1800 SCDMA SCDMA400 SCDMA PHS PHS PHS PHS WiMAX WiMAX WiMAX CDMA 450 CDMA450 CDMA450

GSM 900MHz 1800MHz CDMA 800MHz SCDMA 400MHz 1800MHz IDC 2005 PHS ARPU 73.58 56.32 35.42 PHS PHS 2005 8,800 (2) 1173

PHS SCDMA IDC 2000 PHS PHS 2003 202 2005 96 3 2 2008 2007 2006 2005 2004 2003 202.0 166.3 177.6 168.6 168.2 184.0 48.3 50.1 52.0 55.9 57.6 78.4 250.3 216.4 229.6 224.5 225.8 262.4 IDC (3) PHSSCDMACDMA450 WiMAX CDMA450 WiMAX PHS 3G SCDMA 400MHz 1800MHz 5 GSMCDMASCDMA PHS GSMCDMA TD-SCDMA 2G3G 3G+E3G IP SCDMA SCDMA WiFi WiMAX PHS IP 1174

1985 1995 2000 2005 2010 AMPS TACS 1G GSM cdmaone 2G WCDMA cdma2000 TD-SCDMA 3G HSDPA HSUPA 1xEV-DO 1xEV-DV LTE AIE 3G+ E3G IP SCDMA WiMAX SCDMA PHS WLAN 802.11/WiFi <10kbps <200kbps 300kbps-10Mbps <100Mbps 100M-1Gkbps E3G LTEAIE 3G+ HSDPAHSUPA1xEV-DO1xEV-DV 6 (1) 2005 49.45% 31.9% 20% 100% 1% (2) 2006 4.9% GDP GDP GDP 20% 1175

40% 60% 2004 54% 85%73% 74% 1/3 SCDMA A 11.03 74%2005 GDP 6852 GDP 634 GDP 7.5% 2005 6.89% 2000 2005 84.3% 4.43% B 2,074 70%2005 GDP 201 GDP 1031 2005 16.21% 6% ARPU 7.5 ARPU 20 C 156.65 265 2 2005 GDP 12 GDP 483 2005 20.05% 5.9% () 1176

PHSCDMA450 WiMAX 1 (1) PHS SCDMA PHS PHS 2004 SCDMA PHS SCDMA PHS 3% (2) SCDMA SCDMA SCDMA SCDMA 2006 6 30 SCDMA 400/1800 25 1,000 264 SCDMA 2004 8 SCDMA 2006 6 TCL 31 SCDMA SCDMA 2 PHS 1177

SCDMA 3% SCDMA SCDMA TCL 2005 68.25% SCDMA OEM 3 (1) CDMA 7% 2.75% OEMODMSKD CKD (2) (3) 1178

(4) (5) (6) 4 1179

5 () 1 WTO 2001 12 WTO WTO WTO 50% 5 6 25% 49% SCDMA 1800 SCDMA 1800 1180

3G SCDMA 1800 SCDMA 1800 2 3 () 1 10 2 1 1181

2 3 () 1 2 SCDMA SCDMA (1) SCDMA SCDMA SKD CKD SCDMA (2) Skyworks (3) 1182

TCL (4) SCDMA (5) OEM (6) SCDMA SCDMA (7) NI SCDMA SCDMA 3 SCDMA SCDMA SCDMA 2004 8 SCDMA SCDMA SCDMA SCDMA SCDMA SCDMA 1183

() SCDMA () 1 1SCDMA 2 SCDMA 1 2SCDMA SCDMA SCDMA 2 SCDMA (1) SCDMA 1800 PHS SCDMA 1800PHS SCDMA 1800 PHS PHS PHS PHS SCDMA 1800 1184

PHS SCDMA 1800 SCDMA 1800 PHS PHS SCDMA 1800 SCDMA 1800 PHS (2) SCDMA 400 CDMA 450 SCDMA 400 CDMA 450 CDMA 450 SCDMA 400 CDMA 450 SCDMA 400 CDMA 450 (3) SCDMA WiMAX SCDMA SCDMA SCDMA IEEE 802.16e WiMAX WiMAX SCDMA 3 SCDMA 2003 100% 2006 68.25% SCDMA SCDMA SCDMA 1185

SCDMA SCDMA () SCDMA SCDMA 1800SCDMA 400 SCDMA SCDMA 1800 SCDMA 1800 SCDMA SCDMA 1800 SCDMA 1800 SCDMA 1800 SCDMA 1800 SCDMA SCDMA 400 SCDMA 400 SCDMA 400 SCDMA 1 SCDMA 400 CDMA450 GSM CDMA 2G SCDMA 400 CDMA450 (1) 1186

(2) SCDMA 400 CDMA 450 2003 2 450MHz CDMA 450MHz 1 450M CDMA 400M 2004 3 400MHz 406.5MHz409.5MHz TDD (3) SCDMA 400 SCDMA 400 2004 6 SCDMA 400 SCDMA 400 (4) SCDMA 400 SCDMA 400 ETS 1187

/ONU VSAT VSAT /ONU SCDMA SCDMA /ONU 57 /ONU 7 VSAT 4 /ONU SCDMA 3050 2005 2 2005 SCDMA 400M VSAT ETS CDMA 450M 450M SCDMA SCDMA 400 4 6 SCDMA 400 14 SCDMA 400 (5) SCDMA 400 SCDMA 400 1188

SCDMA 400 SCDMA SCDMA 400 SCDMA 400M 2 SCDMA 1800 PHS SCDMA 1800 PHS (1) SCDMA 1800 SCDMA 1800 (2) SCDMA 1800 PHS PHS PHS PHS ITU 3G PHS 1900MHz 1915MHz 2002 3G TDD 3G PHS 1189

(3) SCDMA 1800 PHS PHS PHS SCDMA 1800 SCDMA 1800 PHS SCDMA PHS SCDMA 1800 SCDMA PHS (4) SCDMA 1800 PHS SCDMA 1800 PHS PHS PHS PHS SCDMA 1800 1190

SCDMA 1800 100 SCDMA 1800 3 SCDMA SCDMA WiMAX 802.16d 802.16e (1) SCDMA SCDMA 2007 CPEPCMCIA PDA SCDMA 1MHz2MHz5MHz SCDMA SCDMA WiMAX WiMAX (802.16e) 2005 WiMAX (802.16e) SCDMA 1.8GHz400MHz 3.3GHz WiMAX 2007 WiMAX (2) SCDMA VOIP xdsl xdsl SCDMA 1191

(3) SCDMA 400 SCDMA 1800 SCDMA SCDMA SCDMA SCDMA 400/1800 SCDMA 400 SCDMA 1800 SCDMA 400 SCDMA 1800 SCDMA SCDMA 400/1800 264 25 SCDMA 400 SCDMA 1800 SCDMA () 1 8.8 6.6 2 SCDMA SCDMA 2001 2 1192

2003 9 SCDMA 2003 12 SCDMA 2004 SCDMA SCDMA 1800 SCDMA 400 SCDMA SCDMA SCDMA 3 SCDMA 400/1800 55.92% 48.82%43.90% 47.73% SCDMA SCDMA SCDMA SCDMA 4 30 SCDMA 1193

30 SCDMA 10 2006 6 30 649 0.9% 45.8% 48.4% 4% 0.5% 2005 8 20% () 1 (1) SCDMA 400 SCDMA 1800 SCDMA 1194

(2) SCDMA 400 SCDMA 400 406.5 MHz 409.5 MHzSCDMA 400 SCDMA 400 64Kbit/s 9.6Kbit/s SCDMA 400 55 2G 1195

SCDMA 400 IDC SCDMA 400 2005 6.3 2006 38 (3) SCDMA 1800 SCDMA 1800 9.6Kbit/s64Kbit/s 1785 MHz 1805 MHzSCDMA 1800 SCDMA 1800 64Kbit/s 9.6Kbit/s SCDMA 1800 SCDMA 1800 2G SCDMA 1800 1 3 3 5 40 SCDMA 1800 SCDMA 400 SCDMA 1800 9.6Kbit/s U219 1196

IDC SCDMA 1800 2005 195.3 2006 323.2 (4) SCDMA SCDMA SCDMA CS-OFDMA CDMA SCDMA PSTN SCDMA 400MHz1800MHz 3.3GHz SCDMA SCDMA SCDMA 5 200 SCDMA SCDMA SCDMA SCDMA 400 SCDMA 1800 SCDMA SCDMA 2006 6 2008 1197

2006 8 9 SCDMA 2 SCDMA 400 SCDMA 1800 SCDMA SCDMA 1800 CW95-18B 31dBm -110dBmBER<1E-3 47km 800 SCDMA 400 CW95-40 36dBm -110dBmBER<1E-3 55km 800 SCDMA 1800/400 CW71-96 128 BS8 0.025Erl/ SCDMA CW96-18 (1) SCDMA E1 (2) 3 SCDMA 400 SCDMA 1800 SCDMA SCDMA 400 CW62-40 406.9MHz409.5MHz PST601 27dBm PST601A -105dBm PST601E PST601G 500KHz PST601Z 2.5ppm PST602 PST602A 1198

SCDMA 1800 SCDMA FT718A 406.9MHz409.5MHz 33dBm -105dBm 500kHz 6kHz N100 406.9MHz409.5MHz 27dBm -105dBm 6kHz 500KHz CW61-18B PST102 1785MHz1805MHz 23dBm PST102A -105dBm PST102 18kHz 500KHz CW61-18C 1785MHz1805MHz PST101 23dBm PST101PST101A -105dBm PST101BPST101C 2.5ppm PST101D PST101F 500KHz PST101G CPE PCMCIA (1) GSMCDMA (2) PST (3) SCDMA Z (4) 1199

SCDMA (5) () 1, 11100

50 48 48 2 FLASH 1 2 3 4 5 1MIC 2 11101

1 2MIC PQC PID PID 1 2 () 1 / 1 2 2 3 11102

4 5 6 () 2006 7 ERP SAP ERP 1 2006 385 18 367 (1) (2) 11103

A B C D A B C D (3) SCDMA (1) (2) (3) ERP 2 SCDMA SCDMA 11104

ISO9001 3 (1) SCDMA SCDMA SCDMA 80% (2) 2006 6 30 893 878 15 (3) (4) SCDMA SCDMA 11105

() 1 8001,000 1,0001,400 30 35 2003 2006 2005 2004 2003 1,759 1,237 4,796 689 3,617 2,186 10,025 1,384 642,950 891,347 612,125 61,232 2 2003 2004 2005 2006 11106

/ 2006 16 2005 2004 2003 % % % % SCDMA 1800 1,148 25,741 66.85% 2,678 61,395 62.43% 1,887 39,714 68.21% 574 16,019 86.33% 278,499 12,765 33.15% 710,789 36,949 37.57% 309,288 18,512 31.79% 46,458 2,536 13.67% 38,506 100.00% 98,344 100.00% 58,226 100.00% 18,555 100.00% SCDMA 400 338 4,486 48.31% 317 7,717 72.50% 94,358 4,799 51.69% 60,442 2,928 27.50% 9,284 100.00% 10,645 100.00% SCDMA 50 1,624 100.00% - 0.00% 1,624 100.00% 11107

3 4 2003 2004 2005 2006 183,108,824 529,840,701 1,035,155,504 456,021,494 98.69%91.00%94.98% 92.28% 134,091,986 443,975,411 808,565,530 353,468,768 72.27%76.25%74.19% 71.53% () 1 2003 91.5% 2004 91.8% 2005 87.0% 2006 88.0% 2 3 2003 2004 2005 2006 68,545,126 195,441,757 312,245,597 173,061,612 24.99%21.76%28.78% 43.23% 14.73%6.39%16.66% 16.40% () 2003 2004 2005 2006 11108

49,906,516 365,166,504 143,661,092 0 26.90%62.72%13.18% 0% 2003 2004 2005 2006 42,036,593 27,165,800 77,871,649 53,396,177 15.32%3.02%7.17% 13.34% () SCDMA SCDMA 2006 5 26 () 2006 6 30 E4403B 8 44.59% E4403B 8 93.67% NI PXI-1042 2 54.49% SCDMDA NI 2 65.17% 16 72.45% 11109

1 75.56% 8560E 6 73.90% E4408B 1 46.17% 4 87.33% 1 93.67% 1 99.21% 8648B 1 73.90% N8973A 1 46.17% SC332C 1 44.59% () 1 2004 12 8 2005 12 31 38,604.77 88,790,971 9,265,144.80 13,897,717.20 23,162,862 42,465,247 2 2006 6 30 36 18,775.86 17,457.18 93% 1,318.68 7% 11110

() 2006 6 30 () 2006 6 30 5 1 1216943 9 1999.10.21-2008.10.20 2 XinWei 1301256 3 Cwill 1301257 4 Cwill Telecom 1311120 5 Xin Wei Telecom 1313852 9 9 9 9 1999.8.7-2009.8.6 1999.8.7-2009.8.6 1999.9.7-2009.9.6 1999.9.14-2009.9.13 () 2006 10 31 12 1 40 35 2 20 10 1 1 2 3 4 62627 ZL 97 1 15151.2 1997.7.24 2000.12.29 54758 ZL 97 1 04039.7 1997.4.21 2000.6.18 48632 ZL 97 1 18934.X 1997.10.5 1999.11.18 55826 ZL 97 1 03699.3 1997.3.28 2000.6.24 5 88060 ZL 98 1 20525.9 1998.10.20 2002.6.19 11111

6 7 8 9 10 11 12 13 237220 ZL02 1 60285.9 2002.12.31 2005.11.23 GPS 253693 ZL02 1 60275.1 2002.12.31 2006.3.15 250107 ZL 02 1 60288.3 2002.12.31 2006.2.15 253694 ZL 02 1 60286.7 2002.12.31 2006.3.15 240988 ZL 02 1 60284.0 2002.12.31 2005.12.21 271483 ZL 02 1 60280.8 2002.12.31 2006.7.5 271484 ZL 02 1 60287.5 2002.12.31 2006.7.5 296324 ZL 97 2 02038.1 1997.3.13 1998.10.3 13 2 2006 10 31 11 1 CDMA 5905721 1999-5-18 2 CDMA 5864548 1999-01-26 3 5982809 1999-11-09 4 6005854 1999-12-21 5 CDMA 6122260 2000-09-19 6 6124824 2000-09-26 7 6157340 2000-12-05 8 6195045 2001-02-27 9 TDD 6470057 2002-10-22 10 6856643 2005-12-15 11 CDMA 6980527 2005-12-27 3 2006 10 31 11112

1 200410085403.7 2004-9-30 2 200510088654.5 2005-8-1 3 200610066992.3 2006.4.1 4 SCDMA 2004100848271 2004-9-30 5 02160289.1 2002-12-31 6 02160283.2 2002-12-31 7 8 9 10 11 2004100347687 2004.5.12 2004100347672 2004.5.12 SCDMA / 2004100693444 20014.7.19 SCDMA 200410069343X 2004.7.19 2004100693425 2004.7.19 12 SCDMA 2004100693410 2004.7.19 13 TD-SCDMA 2004100805666 2004.9.28 14 TDD 2004100805651 2004.9.28 15 2004100805632 2004.9.28 16 TDD 2004100805628 2004.9.28 17 SCDMA 2004100848286 2004.9.30 18 SCDMA 2005100539751 2005.3.15 19 2005100733395 2005.6.2 20 SCDMA 2005100733408 2005.6.2 21 SCDMA 2005100827797 2005.7.12 22 TDD 2005100982896 2005.9.5 23 SCDMA 2005100909087 2005.8.19 24 SCDMA 2005101095480 2005.10.21 11113

25 26 SCDMA 2005100909119 2005.8.19 SCDMA 2005100909091 2005.8.19 27 SCDMA 2005100982881 2005.9.5 28 SCDMA 2005100982913 2005.9.5 29 2005100709485 2005.5.18 30 SCDMA 2005100982928 2005.9.5 31 200510088655X 2005.8.1 32 SCDMA 2005100909104 2005.8.19 33 SCDMA OVSF 2005100982932 2005.9.5 34 SCDMA 2005101095495 2005.10.21 35 2005101171944 2005.11.3 36 SCDMA 2005101171959 2005.11.3 37 2005100974207 2005.12.28 38 2005100974211 2005.12.28 39 021602794 2002.12.31 40 2004100388121 2004.4.30 4 (1) 2001 3 9 2001 11 28 8 1 ZL 99 1 11371.3 119458 2 ZL 99 1 11349.7 119441 3 ZL 99 1 11350.0 119442 4 ZL 00 1 03548.7 133120 5 ZL 00 1 03041.8 108506 6 ZL 00 1 05846.0 109613 11114

7 ZL 00 1 03547.9 150480 8 ZL 00 1 08079.2 108528 (2) 2006 3 24 10 1 02116509.2 177139 2 02131218.4 175578 3 02148623.9 193057 4 02148624.7 200731 5 02158623.3 181693 6 03114938.3 204815 7 200420004640.1 687378 8 (HA) 03146285.5 205218 9 03150365.9 237967 10 03140550.9 238467 5 (1) 2001 3 9 2001 11 28 2006 12 11 6 1 ZL 97 2 02038.1 296324 2 ZL 97 1 03699.3 55286 3 ZL 97 1 04039.7 54758 4 ZL 97 1 15151.2 62627 5 ZL 97 1 18934.X 48632 6 ZL 98 1 20525.9 88060 11115

2006 1 28 2006 8 28 2006 9 29 500 CWILL 10 CWILL 10 1 11 2006 12 11 TD-SCDMA ITU (2) 2006 3 24 10 1 CDMA 5,905,721 2016.9.26 2 CDMA 5,864,548 2017.1.6 3 5,982,809 2017.1.23 4 6,005,854 2017.8.8 5 CDMA 6,122,260 2016.10.16 6 6,124,824 2019.1.29 7 6,157,340 2018.10.26 8 6,195,045 2020.5.11 9 TDD 6,470,057 2018.10.9 10 6,856,643 2020.10.20 (3) 2006 CWILL 11116

11 11 10 1 CDMA 5,905,721 2016.9.26 2 CDMA 5,864,548 2017.1.6 3 5,982,809 2017.1.23 4 6,005,854 2017.8.8 5 CDMA 6,122,260 2016.10.16 6 6,124,824 2019.1.29 7 6,157,340 2018.10.26 8 6,195,045 2020.5.11 9 TDD 6,470,057 2018.10.9 10 6,856,643 2020.10.20 11 CDMA 6,980,527 2005-12-27 (4) Navini 2000 4 8 EtherAir Teleommunications, Inc.EtherAir EtherAirEtherAir Navini Networks(Navini) 18.8 EtherAir 3 11 Navini EtherAir () 11117

2 1 SCDMA 1997 12 2 SWAN 1800V SCDMA 2003 9 21 () SCDMA 1800 1 1 00-7086-069041 400MHz SCDMA CW62-40 2 00-7086-069042 1800MHz SCDMA CW62-18C 3 00-7086-059280 1800MHz SCDMA CW95-18B 4 00-7086-059279 400/1800MHz SCDMA CW71-96 5 00-7086-069166 400MHz SCDMA FT718 6 00-7086-069069 400MHz SCDMA CW95-40 2 1 CMII ID:2003AP1312 1800MHz SCDMA CW95-18B 2 CMII ID:2005AP0347 400MHz SCDMA CW95-40 3 CMII ID:2005AP0072 1800MHz SCDMA CW64-18C 4 CMII ID:2005AP0073 400MHz SCDMA CW62-40 5 CMII ID:2005AP1670 SCDMA CW61-18C 6 CMII ID:2005AP1372 SCDMA CW61-18D 7 CMII ID:2005AP2113 SCDMA CW61-18B 8 CMII ID:2005AP2221 SCDMA V366 9 CMII ID:2005AP2114 SCDMA CW61-18F 10 CMII ID:2006AP0113 SCDMA C108 11 CMII ID:2006AP0805 SCDMA X100 12 CMII ID:2006AP0587 SCDMA FT718 13 OSRRC ID:98AIP184 1800MHzSCDMA CW98-18 14 CMII ID:99AP0473 1800MHzSCDMA CW63-18B 11118

() SCDMA CDMA CDMA SCDMA TDD 1 4 SSmart Antenna Synchronized CDMASoftware Radio SWAP+ (1) Smart Antenna SCDMA (2) SCDMA, Synchronous Code Division Multiple Access CDMA CDMA CDMA CDMA CDMA SCDMA CDMA 11119

(3) Software Radio DSP CPU ASIC ASIC SCDMA A/D D/A SCDMA (4) SCDMA SWAPSynchronous Wireless Access Protocol ITU Q.931 CDMA CDMA 2 SCDMA 400/1800 SCDMA 1800MHz SCDMA 1800 SCDMA 400MHz SCDMA 400 SCDMA (1) SCDMA 1800 SWAN 1800V SCDMA 1800 2003 SCDMA 1800 SCDMA 7 SCDMA 1800 11120

2003 9 SCDMA SCDMA 1800 SCDMA SCDMA TDD 2001 2004 (2) SCDMA 400 SWAN400V SCDMA 400 SCDMA 1800 1800MHz 400MHz 400MHz 400MHz TDD TDD TDD TDD 2005 2 400MHz SCDMA SWAN 400V 400MHz SCDMA 3 SCDMA CS-OFDMA SCDMA SCDMA 99.99% 11121

SCDMA SCDMA CDMA SWAP+ () SCDMA 1997 12 CW95 SCDMA 1999 8 SCDMA 1999 11 CW95 SCDMA 2000 SCDMA-WLL 2001 1 SCDMA 2002 12 2003 9 SCDMA 2003 12 SCDMA 2004 7 SWAN 1800V SCDMA 2005 3 SCDMA 2004 2005 9 400/1800MHz SCDMA () 11122

2006 6 30 SCDMA 1800 CW95-18B SCDMA 1800 CW95-18B CXW2.105.012 SCDMA 400 CW95-40 SCDMA 400 CW95-40 CXW2.105.009(BJ) PST101F (TNC) PST01.2B.00 CW62-18C PST101G PST01.3B.00 PST101Z PST Z1.3B.00 PST601A PST01.4A.02 CW62-40 PST601G PST 01.6B.00 PST601Z PST Z1.6B.00 CW71-96 FT718 FT718A N100 SCDMA 400 CW95-18C DBS CPE101 CPE101 CPE 10.10.03 CW55-40 SCDMA 400 SCDMA 400/1800 CW55-18 SCDMA 1800 () 2006 6 30 SAG SCDMA 2006 EBSC 2006 VTA() 2007 CPS() 2006 RIAD 2006 V371 2006 K105 2006 N100 2006 X100 2006 C118 2006 M118 2006 PCB PST101G 2006 PST121Z 2006 20 11123

AMT600() 2006 V375 2007 SCDMA 400 2006 MPU 2006 PCB DNSS3000 2006 BFBS R3/R5 2006 CPE 101 2006 CPE 204 2006 300 1M PCMCIA 2006 () 2003 2004 2005 2006 9,909,428 43,244,618 65,952,080 42,729,934 5.347.436.05 8.65 () 1 103 [2006]110 2 11124

3 2006 3 2005 2005 () ISO9001 ISO9001 () ISO9001 11125

ISO9001 ISO9001 () 11126

() 1 SCDMA 2 TDSCDMASCDMA 3G 11127

3 SCDMA 2005 [2006]328 2005 12 31 17.15%2005 32.11% SCDMA SCDMA TD-SCDMA SCDMA () 1 2006 9 1 // / 2 2006 9 1 11128

/ () 2006 6 30 1 44.46% 2 43.66% 3 5% (1) 23.94% (2) 20% 8% 4 11129

5 100% 3G 3G 92.52% TD-SCDMA 30.34%, 6.26% 19.22% ATMVoIP 5.41% 100% 100% 110 119 122 120 VSAT 100% 100% 100% 100% 100% 100% 47.06% 35.29% 17.65% 11130

100% 6 TD-SCDMA 99% 1% 99% 0.45% 0.55% 85% 10% 99.48% 7 8 9 Arrowping Networks, Inc. 80 2004 12 28 2005 1 6 023106 2005 6 250 50 SCDMA SCDMA 11131

2006 10 31 67 56.72% 35.82% 7.46% 2005 12 31 2006 10 31 2005 12 31 2006 10 31 15,648,928.55 5,645,928.51 15,964,809.07 7,867,299.13 17,724,743.59 9,313,440.41 5,047,346.87 4,398,108.91 5,047,346.87 4,398,108.91-8,013,853.28-15,775,918.50 12,677,396.72 4,915,331.50 2006 10 31 2006 10 31 1,367.52 571.64 795.88-7,762,065.22 Champion Link International Ltd. Cascade Capital Management,LLC Acorn Campus Asia Fund I,L.P Acorn Campus Fund II,L.P WFChen, LLC Genesis Campus IA,L.P. Genesis Campus I,L.P. 100% 11132

1% Cascade Capital Management, LLC 100% Cascade Capital Management, LLC 100% WFChen LLC 81.733% 100% 18.69% 12.84% 15.4% 77.6% Champion Link Internationl, Ltd. Dragon Victory Co. Ltd. Acorn Campus Fund II Acorn Campus Asia Fund I Genesis Campus I Genesis Campus IA 7 10% 26.1% 14.3% 13.6% 6% 6% 11.7% 0.2% 22.1% 100% Cascade Capital Management,LLC WFChen, LLC 2006 12 2008 12 31 2008 12 31 SCDMA SCDMA 2008 11133

() 1 (1) 8 2001 3 9 6 SCDMA (2) 10 2006 3 24 10 SCDMA (3) SCDMA SCDMA 2 11134

11 SCDMA 2006 1 28 2006 8 28 SCDMA 3 SCDMA SCDMA 2006 9 28 McWiLL R5 2006 11 16 SCDMA McWiLL R5 McWiLL R5 McWiLL R5 McWiLL R5 McWiLL SCDMA () 11135

1 (1) 2006 1-6 2005 2004 2003-143,661,092 365,166,504 49,906,516-25,803,555 18,439,695 - - - 2,292,333 - - - - 1,711,111 14,747 - - - 14,747 169,464,647 385,898,532 51,617,627 0.003% 16% 66% 28% 3,616,610 3,231,988 - - 33,596,652 30,811,285 3,350,427 12,296,864 - - 23,815,373 29,739,729 16,182,915 43,828,376 - - 1,768,000 703,862 704,536-55,164,177 78,575,511 27,870,336 42,036,593 21% 13% 9% 51% 2003-2005 SCDMA SCDMA SCDMA SCDMA 2003-2005 11136

2006 0.003% SCDMA TI 11137

2006 21% 2006 (2) 2006 2005 2004 2003 6 30 12 31 12 31 12 31 183,458 20,373,618 1,750,422 183,458 75,479,003 79,729,003 43,318,829 23,390,624 - - 2,682,030-8,094 - - - 75,670,555 100,102,621 47,751,281 23,574,082 11% 22% 30% 15% 20,190,160 101,981,092 147,000,000-80% 39% 100% - - 327,020 327,020-190,530 - - - 8,861,600 - - - 9,052,130 327,020 327,020-45% 1% 1% - 2004 12 31 30% 2006 6 30 11% 2006 6 30 75,670,555 75,479,003 2006 6 30 20,190,160 2006 6 30 9,052,130 11138

8,861,600 11 2006 2005 2004 2003 6 30 12 31 12 31 12 31 15,224,010 30,543,000 - - 1,634,280 1,010,223 - - - - 1,353,015-55,767,083 21,277,108 18,307,331 14,387,331 698,761 - - - 520,273 73,324,134 52,830,331 19,660,346 14,907,604 22% 15% 8% 26% - - 1,902,688 - - - 1% - 1,649,861 1,649,861 - - 12% 26% - - 6,300,000 9,300,000 12,000,000-33% 65% 64% - 2006 6 30 73,324,134 55,767,083 (3) 2006 2006 1-6 2005 2005 2004 6 30 12 31 12 31 () - -27,000,000-27,000,000-65,000,00065,000,00027,000,000 11139

2000 2001 47,000,000 5.85% 2005 20,000,000 2006 27,000,000 200320042005 7,500 5.85%1.07 5.85%6,500 1,000 7.608% 5,500 5.58%2006 1-6, 2005 16,357,134.89 2006 8 11 7.5% 2 TD-SCDMA TD-SCDMA TD-SCDMA 1998 6 24 TD-SCDMA TD-SCDMA TD-SCDMA 11140

2001 3 9 2001 11 28 2006 12 11 8 1 ZL 99 1 11371.3 119458 1999/08/11 2 ZL 99 1 11349.7 119441 1999/08/10 3 ZL 99 1 11350.0 119442 1999/08/10 4 ZL 00 1 03548.7 133120 2000/03/27 5 ZL 00 1 03041.8 108506 2000/02/24 6 ZL 00 1 05846.0 109613 2000/04/11 7 ZL 00 1 03547.9 150480 2000/03/27 8 ZL 00 1 08079.2 108528 2000/06/12 6 1 ZL 97 2 02038.1 296324 1997.3.13 1997.3.28 2 ZL 97 1 03699.3 55286 1997.4.21 3 ZL 97 1 04039.7 54758 1997.7.24 4 ZL 97 1 15151.2 62627 5 ZL 97 1 18934.X 48632 1997.10.5 6 ZL 98 1 20525.9 88060 1998.10.20 2006 1 28 2006 8 28 2006 9 29 10 10 1 11 2006 12 11 11141

TD-SCDMA 10 ITU 10 ITU TD-SCDMA 55% 45% TD-SCDMA SCDMA 11142

TD-SCDMA SCDMA 1995 2000 SCDMA 11 1998 1 SCDMA 2 SCDMA 3 SCDMA 4 SCDMA SCDMA 5 SCDMA SCDMA SCDMA SCDMA TD-SCDMA 3G SCDMA 11 TD-SCDMA 11 SCDMA SCDMA 1998 SCDMA 11 10 10 1 2006 1 28 2006 8 28 500 SCDMA 11 1 CDMA 5,905,721 2016.9.26 CDMA 2017.1.6 2 5,864,548 11143

3 5,982,809 2017.1.23 4 6,005,854 2017.8.8 5 CDMA 6,122,260 2016.10.16 6 6,124,824 2019.1.29 7 6,157,340 2018.10.26 8 6,195,045 2020.5.11 9 TDD 6,470,057 2018.10.9 10 6,856,643 2020.10.20 11 CDMA 6,980,527 2005-12-27 110 12 1 2 3 15 4 2007 6 30 5 SCDMA 2000 4 8 EtherAir EtherAirEtherAir 18.8 11144

2.5%7.5% SCDMA TD-SCDMA 500 Preston Gates & Ellis LLP 2002 10 TD-SCDMA 2006 3 24 TD-SCDMA CDMA 10 50% SCDMA 10 50% 2006 1 28 10 1 02116509.2 177139 2002/03/27 2 02131218.4 175578 2002/09/13 3 02148623.9 193057 2002/11/13 4 02148624.7 200731 2002/11/13 5 02158623.3 181693 2002/12/25 6 03114938.3 204815 2003/01/16 7 200420004640.1 687378 2004/02/23 8 (HA) 03146285.5 205218 2003/07/08 9 03150365.9 237967 2003/07/25 10 03140550.9 238467 2003/05/28 2(1) 11145

SCDMATD-SCDMA SCDMA TD-SCDMA SCDMA SCDMA Mcwill SCDMA 2004 SCDMA SCDMA 2005 SCDMA 2006 7 McWiLL R5 2006 9 28 McWiLL R5 2006 11 16 SCDMA McWiLL R5 11146

McWiLL 1 Mcwill R5 Mcwill R5 2 Mcwill R5 Mcwill R5 API 10 R5 R5 3 McWiLL R5 50% McWiLL R5 McWiLL R5 42007 35%:65%2008 35% 50%50% 5 10 6 2007 250 2006 10 15 50 2007 1 31 100 2007 4 30 100 2007 6 30 R5 11147

2007 7 30 () 2003 2004 SCDMA 2005 2006 16% 0.003% () 1 69 2 99 3 () 11148

() 11149

() 1955 1986 1986 1995 1998 1997 1999 1956 1982 1989 1990 1994 1995 2006 1950 1972 1976 1976 1977 1978 2000 Cascade Capital Management LLC Managing DirectorAcorn Campus Genesis Campus Dragon Fund I Managing DirectorEnerage, Inc. Anda Networks, Inc. Mobile Devices, Inc. Luxnet Inc. Atop Tech, Inc. 1963 1993 1999 2001 2001 11150

1978 2000 2001 1973 1999 1955 1982 1988 1997 7 1952 1978 1982 2001 1942 () 1970 1992 1997 1997 10 1973 1999 2001 2003 2003 1973 1999 1999 () 11151

1966 1988 1996 1998 1988 2000 2000 3 GPS 2006 9 2006 11 1968 1990 834 TCL 2006 2 1968 1990 1998 2000 1990 2000 2001 3 2002 4 2003 9 1969 1990 1997 2000 2001 2002 2005 2005 2006 3 1960 1998 11152

1974 1995 1998 1998 2006 2 1971 1992 1998 2002 1999 1999 10 1969 1991 1995 1991 2000 2006 2 1962 1983 1988 2001 1983 2001 6 () 11153

() 2004 6 2007 6 2004 6 2007 6 / 2004 6 2007 6 2004 6 2007 6 2006 4 2007 6 2004 6 2007 6 2006 11 28 2007 6 2006 11 28 2007 6 2006 11 28 2007 6 / 2004 6 2007 6 2006 4 2007 6 2004 6 2007 6 () 1 2004 6 9 2006 2 17 2006 4 24 2006 2006 10 20 2006 2 2004 6 9 2006 4 24 2006 11154

() () 2.64% 20% Champion Link International Ltd. 81.73% 23.94% 17.49% Cascade Capital Management 14.98% 0.26% 30% 8% 1.5% 0.63% 8.5% 0.42% 0.13% 5.02% 1.85% 1.85% 1.32% 1.58% 0.74% 50% 3.6% 11155

3.7% 0.42% 1.16% Champion Link International Ltd. BVI 81.733% Astona Telecom Services, Inc. 100% - - - - - - 2005 11156

2005 2005 2005 2005 020 1 2040 3 4060 6 6080 1 2006 11 3 33.6 Champion Link Astona Telecom Services. Inc. Champion Link International Ltd. International Ltd. 24.16% Cascade Capital Management, LLC Managing Director Acorn Campus Asia Fund I, L.P Acorn Campus Fund II, L.P Genesis Campus IA,L.P Genesis Campus I,L.P WFChen, LLC Dragon Fund I Managing Director EnerageInc. Anda Networks, Inc. Mobile Devices, Inc. Luxnet Inc. SCDMA Cascade Capital Management, LLC 14.98% 11157

Atop Tech Inc. 11158

2001 3 9 / () ( () ) () () () 2004 6 9 2004 6 9 / () ( ) () () () () 2003 10 20 2003 2006 2 17 2006 4 24 2006 2006 10 20 2006 () 11159

2006 4 24 2006 () 2003 1 1 2003 9 11 2004 6 9 2006 9 29 2006 9 29 2005 2 3 2006 2 17 2006 9 25 2006 10 30 2006 11 20 () 2003 1 1 8 2006 11 30 6 10 11160

5 2003 1 1 4 2003 1 1 1 2005 10 2006 11 30 3 11161

() 2001 3 9 2006 8 28 2006 2006 8 28 2006 1 11162

2 (1) 30% (2) 11163

6 () ( ) 2002 2006 () 1 9 3 1 2 10% 11164

3 10 3 4 11165

2002 1 25 2005 2 3 2006 9 29 () 11166

1 3 1 1/3 2 3 11167

() 2006 8 28 9 3 2006 10 20 2006 300 0.5% () 11168

() () 11169

() () () () () 2006 6 30 11170

11171

() 1 2006 6 30 2005 12 31 2004 12 31 2003 12 31 163,051,037 287,809,651 135,590,761 22,662,822 25,190,160 259,529,015 147,000,000-685,456,975 435,462,084 153,041,335 158,366,047 18,042,360 10,914,035 15,718,626 2,061,236 20,007,000 25,549,310 32,363,239 2,106,330 575,648,229 504,648,837 478,222,909 151,306,691 - - 1,071,219 956,921 1,487,395,761 1,523,912,932 963,008,089 337,460,047 1,766,579 1,932,317 2,263,792 2,595,267 1,766,579 1,932,317 2,263,792 2,595,267 1,766,579 1,932,317 2,263,792 2,595,267 184,726,372 171,040,278 44,681,888 31,598,051 33,978,513 26,568,609 17,563,376 13,038,209 150,747,859 144,471,669 27,118,512 18,559,842 - - - - 11172

150,747,859 144,471,669 27,118,512 18,559,842-599,567-13,363 150,747,859 145,071,236 27,118,512 18,573,205 16,821,392 15,862,229 15,921,147 18,580,065 16,821,392 15,862,229 15,921,147 18,580,065 1,656,731,591 1,686,778,714 1,008,311,540 377,208,584 2006 6 30 2005 12 31 2004 12 31 2003 12 31 659,690,160 711,119,367 362,000,000 235,780,026-9,947,712 144,441,739-326,586,053 343,978,044 238,690,271 57,631,869 332,982 1,479,015 6,350,311 2,177,019 26,262,898 27,333,099 20,918,838 8,156,614 4,118,865 5,041,893 4,619,078 1,430,270 58,284,289 65,264,997 24,508,027 7,585,622 49,057,375 75,950,000 - - - 151,813 323,287 42,356 18,821,079 14,385,940 18,650,423 17,336,803 14,227,782 6,332,355 3,117,856 6,921,439 11,478,093 10,495,415 4,618,192 1,268,547 19,597,716 16,050,282 2,163,730-1,188,457,292 1,287,529,932 830,401,752 338,330,565 54,046,678 65,889,719 540,932-26,420,000 23,350,000 25,900,000 20,300,000 80,466,678 89,239,719 26,440,932 20,300,000 1,268,923,970 1,376,769,651 856,842,684 358,630,565 2,861,560 2,062,712 603,522 129,406 11173

94,649,438 94,649,438 75,719,550 75,719,550 8,656,784 8,656,784 60,000-63,103,934 55,403,963 11,262,867 - - 14,057,006 3,754,289-218,535,905 149,236,166 63,822,917-57,270,937 24,393,165 24,393,165 - - 384,946,061 307,946,351 150,865,334 18,448,613 1,656,731,591 1,686,778,714 1,008,311,540 377,208,584 2 2006 6 30 2005 12 31 2004 12 31 2003 12 31 82,841,438 176,448,590 28,518,051 11,885,847 20,190,160 188,619,367 25,000,000-331,703,737 230,363,340 172,009,836 109,719,107 396,042,361 378,497,323 141,775,138 72,087,409 10,662,308 1,933,436 3,267,279 744,511 55,083,286 52,038,174 60,398,120 68,048,429 - - 1,071,219 956,921 896,523,290 1,027,900,230 432,039,643 263,442,224 142,146,122 103,168,303 31,999,426 9,099,194 - - - - 142,146,122 103,168,303 31,999,426 9,099,194 38,615,451 29,527,666 15,693,590 11,632,974 12,374,307 9,595,195 6,127,877 5,298,423 26,241,144 19,932,471 9,565,713 6,334,551 - - - - 26,241,144 19,932,471 9,565,713 6,334,551 11174

- - - - 26,241,144 19,932,471 9,565,713 6,334,551 16,646,391 15,637,229 15,596,147 18,155,065 16,646,391 15,637,229 15,596,147 18,155,065 1,081,556,947 1,166,638,233 489,200,929 297,031,034 2006 6 30 2005 12 31 2004 12 31 2003 12 31 545,690,160 591,119,367 257,000,000 200,780,026-20,000,000-10,000,000 9,631,852 73,939,006 20,708,311 25,892,873 1,111,600 1,890,000 1,812,687 21,831,249 20,439,682 16,869,614 7,808,768 634,555 1,835,952 2,690,768-30,663,472 46,699,408 9,444,091 5,155,893 49,057,375 75,950,000 - - - - - - 12,646,728 13,368,938 18,038,862 17,032,830 11,173,902 3,316,314-6,879,436 2,544,537 3,048,578 680,910 206,868 - - - - 683,873,830 850,828,845 327,322,556 275,569,381 - - - - 6,420,000 3,350,000 5,900,000 300,000 6,420,000 3,350,000 5,900,000 300,000 690,293,830 854,178,845 333,222,556 275,869,381 - - - - 94,649,438 94,649,438 75,719,550 75,719,550 8,656,784 8,656,784 60,000-11175

46,738,945 42,933,615 9,736,450 - - 9,900,223 3,245,483-241,217,950 166,219,551 70,462,373-54,557,897 24,393,165 24,393,165 - - 391,263,117 312,459,388 155,978,373 21,161,653 1,081,556,947 1,166,638,233 489,200,929 297,031,034 () 1 2006 2005 2004 2003 494,152,176 1,089,888,039 582,259,537 185,547,790 258,284,023 611,392,525 297,987,136 81,789,244 45,647 500,000 636,021 79,418 235,822,506 477,995,514 283,636,380 103,679,128 2,512,670 1,026,334 1,708,897 1,184,482 43,594,814 60,844,121 35,536,167 11,929,710 81,422,893 157,061,348 104,867,158 50,722,495 16,211,375 30,211,325 14,799,260 8,610,910 97,106,094 230,905,054 130,142,692 33,600,495 - - - - 400,000 18,653,130 29,838,496 1,760,000 332,491 202,107 83,681 43,912 120,453 66,886 258,134 91,280 97,718,132 249,693,405 159,806,735 35,313,127 19,919,574 42,179,870 26,975,898-798,848 1,459,190 474,116 97,269 76,999,710 206,054,345 132,356,721 35,215,858 2 2006 2005 2004 2003 276,104,112 694,030,426 437,925,934 159,976,065 120,149,366 393,769,638 239,620,287 72,955,740 - - - - 11176

155,954,746 300,260,788 198,305,647 87,020,325 581,393 1,707,141 4,453,681 1,193,899 32,479,514 33,767,235 13,801,985 5,189,117 62,513,583 104,220,454 77,093,415 46,955,689 13,319,115 25,775,869 11,164,620 7,344,451 48,223,927 138,204,371 100,699,308 28,724,967 38,977,818 71,168,877 22,900,232 4,434,738-17,423,130 29,738,496 1,600,000 254,361 138,783 80,181 30,899 10,010 117,516 210,243 11,706 87,446,096 226,817,645 153,207,974 34,778,898 8,642,367 21,363,302 18,451,254 - - - - - 78,803,729 205,454,343 134,756,720 34,778,898 () 1 2006 2005 2004 2003 594,496,271 972,220,070 718,843,631 147,586,358-17,423,130 29,438,496-1,774,248 2,742,373 1,065,338 2,018,196 596,270,519 992,385,573 749,347,465 149,604,554 441,891,843 917,137,257 604,331,311 168,230,541 70,551,724 90,575,636 49,730,966 24,943,957 52,833,199 57,527,709 59,465,843 8,732,845 35,409,951 63,619,270 27,937,634 9,969,594 600,686,717 1,128,859,872 741,465,754 211,876,937-4,416,198-136,474,299 7,881,711-62,272,383-74,483 1,762,324 22,625 11177

- - - - - 74,483 1,762,324 22,625 28,287,332 58,538,100 16,556,299 5,881,579 - - - - 28,287,332 58,538,100 16,556,299 5,881,579-28,287,332-58,463,617-14,793,975-5,858,954-21,236,672 - - 295,896,337 561,280,000 310,000,000 84,000,000 25,190,160 138,619,367 25,000,000 - - 65,000,000 107,000,000 53,780,026 33,017,712 49,705,140 8,364,662 300,000 354,104,209 835,841,179 450,364,662 138,080,0266 345,515,704 350,780,000 155,000,000 50,000,000 27,000,000 65,000,000 160,780,026-43,695,877 29,947,815 14,744,433 8,078,943 - - 69,782,368 3,031,881 416,211,581 445,727,815 400,306,827 61,110,824-62,107,372 390,113,364 50,057,835 76,969,202 - -90,021 - - -94,810,902 195,085,427 43,145,571 8,837,865 2 2006 2005 2004 2003 387,889,357 594,288,762 490,244,483 126,729,992-17,423,130 29,438,496-1,067,615 528,181 576,036 1,717,328 11178

388,956,972 612,240,073 520,259,015 128,447,320 243,075,634 388,615,766 361,051,133 127,964,541 53,973,253 74,094,267 44,632,618 22,372,019 52,170,700 43,993,099 58,473,939 3,232,734 25,617,780 41,147,317 8,211,198 5,901,152 374,837,367 547,850,449 472,368,888 159,470,446 14,119,605 64,389,624 47,890,127-31,023,126-94,541 1,949,959 17,433 - - - - - 94,541 1,949,959 17,433 11,977,974 21,539,799 7,492,331 1,785,324 12,574,058 231,891,464 69,380,510 48,765,474 24,552,032 253,431,263 76,872,841 50,556,798-24,552,032-253,336,722-74,922,882-50,533,365-21,236,672 - - 256,880,634 445,500,000 250,000,000 80,000,000 20,190,160 118,619,367 - - - 65,000,000 107,000,000 53,780,027 23,070,000 4,850,000 5,660,000 300,000 300,140,794 655,206,039 362,660,000 134,080,027 295,500,000 230,000,000 140,000,000 40,000,000 27,000,000 65,000,000 160,780,026-40,815,519 23,328,402 18,215,015 6,893,195-20,000,000 - - 363,315,519 338,328,402 318,995,041 46,893,195 11179

-63,174,725 316,877,637 43,664,959 87,186,832 - - - - -73,607,152 127,930,539 16,632,204 5,630,341 2006 6 30 2005 12 31 2004 12 31 2003 12 31 2006 1 1 2006 6 30 2005 2004 2003 2006 1 1 2006 6 30 2005 2004 2003 ()(06)PB001 2 46 2006 6 30 2005 12 31 2004 12 31 2003 12 31 2006 1 1 6 30 2005 2004 2003 () 2000 11 27 2000 6 30 11180

50% () 1 98% SCDMA 2 2003 2004 2005 2006 1 1 6 30 1 1 12 31 () 1 SCDMA 11181

2003-2005 2 3 () 1 2 3 4 11182

() 1 2 10 () 1 2 3 11183

40 5% 2.375% 5-10 5% 9.5%-19% 5-8 5% 11.875%-19% 6-12 5% 7.29%-15.83% () () 1 2 10 () 1 11184

2 0-3 0% 3-1 0.5% 1-2 10% 2-3 20% 3-5 50% 5 100% 3 4 5 () () / / / 11185

() () ()() () () () 2006 2005 2004 2003 SCDMA 1800 385,062,893 983,439,901 582,259,537 185,547,790 SCDMA 400 92,844,693 106,448,138 - - 16,244,590 - - - 494,152,176 1,089,888,039 582,259,537 185,547,790 11186

() 2006 2005 2004 2003 SCDMA 1800 192,363,554 549,071,943 297,987,136 81,789,244 SCDMA 400 60,105,669 62,320,582 - - 5,814,800 - - - 258,284,023 611,392,525 297,987,136 81,789,244 2006 2005 2004 2003 - -49,277-55,933-213,960-45,475-400,000 1,230,000 400,000 1,760,000-332,491 191,654 75,302 33,262 - -71,176-500 -35,795-35,155-2,847,536 194,439 - - - - 141,447 69,927 - -109,874-213,248-71,295-3,349,700 1,487,859 224,179 1,712,632 2003 2004 2005 2006 4.86%0.17%0.73% 4.35% 33,503,226 135,132,542 203,456,486 73,650,010 2006 6 30 1,656,731,591 2006 6 30 685,456,975 575,648,229 () 2006 6 30 11187

40 88,790,971 85,380,793 5-10 20,253,374 14,798,871 5-8 58,003,662 37,145,393 6-12 5,439,679 3,797,297 12,238,686 9,625,505 184,726,372 150,747,859 () 2006 6 30 2018 4 1 19,019,250 140,379,543 98% () 2006 6 30 16,821,392 11188 28,454,215 10 1,222,541 15,224,338 13,229,877 2-5 7,200,000 8 141,818 741,818 2,458,182 8 1,700,000 10 566,667 566,667 1,133,333 0.5-9 1 Q3 SCDMA Q3 1,819,408 01/09/1999 10 SCDMA 1,978,292 01/09/1999 10 V5.1 V5.2 1,324,267 01/09/1999 10

SCDMA 1,153,928 01/09/1999 10 SCDMA 577,758 01/09/1999 10 SCDMA V3.2 406,970 01/09/1999 10 7,260,623 1999 99011 2006 6 30 2,299,197 2 CDMA 3,328,560 2006 6 30 0 1995 12 960011 10 30 1996 960015 2006 6 30 1,268,923,970 1,188,457,292 80,466,678 () 1 2006 6 30 659,690,160 85,500,000 1 5.580% 5.850% 310,000,000 1 6.138% 50,000,000 1 5.85% 80,000,000 1 6.138% 6.435% 20,000,000 1 6.1380% 11189

30,000,000 1 6.1380% 23,000,000 1 5.5800% 36,000,000 1 5.8500% 634,500,000 2 2006 6 30 () 2006 6 30 326,586,053 2006 6 30 0 3 162,292,020 49.69% 3 1 155,705,051 47.68% 1 2 4,494,552 1.38% 2 3 4,078,940 1.25% 3 15,490 0.00% 326,586,053 100.00% () 2006 6 30 58,284,289 2006 6 30 57,094,704-2,416,521 67 1,118,766 2,487,273 58,284,289 2004 2005 2004 2005 8,524,643 20,876,568 () 11190

1 2006 6 30 26,262,898 4,118,865 2 2006 6 30 (1) 2006 6 30 5% 6,300,000 - (2) 2006 6 30 49,057,375 2006 6 30 41,749,875 3,650,000 2,892,500 765,000 49,057,375 () () 2006 6 30 () 2006 6 30 102 11191

2006 6 30 2005 12 31 2004 12 31 2003 12 31 2,861,560 2,062,712 603,522 129,406 94,649,438 94,649,438 75,719,550 75,719,550 8,656,784 8,656,784 60,000-63,103,934 55,403,963 11,262,867-218,535,905 149,236,166 63,822,917-57,270,937 384,946,061 307,946,351 150,865,334 18,448,613 2005 2005 8 () 18,929,888 [2005] 1-018 2005 2005 2004 SCDMA 5,000,000 () 2005 2005 SCDMA 2,400,000 () 2005 2004 76,500,000 () 2006 2005 2004 2003-4,416,198-136,474,299 7,881,711-62,272,383-28,287,332-58,463,617-14,793,975-5,858,954-62,107,372 390,113,364 50,057,835 76,969,202-94,810,902 195,175,448 43,145,571 8,837,865 () 11192

6 29 79,525,826, () 2006 8 75,719,550 ( 1 ) 2005 8 2005 24,393,165 194,450,163 () 2006 6 30 () 2006 6 30 11 3,113.9 2006 6 30 1 1,512.8 2 1,405.0 2,917.8 () 11193

1 2004 12 15 2004 12 21 [2004]1256 2005 8 18 SCDMA 18,929,888 18,929,888 20% 2 2006 4 196,000,000 2 2006 6 5,000 99% 1% () 2006 2005 2004 2003 1.25 1.18 1.16 1.00 0.77 0.79 0.58 0.55 (%) 63.82% 73.22% 68.12% 92.88% (/) 1.76 3.70 3.74 1.70 (/) 0.96 1.24 0.95 0.73 124,457,369 294,448,882 183,244,792 50,074,147 6.75 9.06 11.84 5.37 () -0.05-1.44 0.10-0.82-1.00 2.06 0.57 0.12 (%) 4.37% 5.15% 10.55% 100.71% () 9 11194

2003 2004 2005 2006 1 2006 2005 2004 2003 61.26% 68.07% 155.22% 228.48% 188.01% 335.16% 561.99% 12332.71% 25.23% 28.03% 74.98% 110.37% 86.26% 153.78% 182.13% 3996.80% 20.00% 22.23% 66.91% 98.50% 87.73% 156.40% 190.89% 4188.95% 19.13% 21.26% 66.07% 97.25% 89.57% 159.68% 181.60% 3985.23% 2 2006 2005 2004 2003 2.49 2.49 5.05 5.83 3.75 3.75 1.37 1.37 1.03 1.03 2.44 2.81 1.72 1.72 0.44 0.44 0.81 0.81 2.18 2.51 1.75 1.75 0.47 0.47 0.78 0.78 2.15 2.48 1.78 1.78 0.44 0.44 2000 11 8 2000 6 30 2000 058 7,571.96 7,571.96 7,648.54 76.58 1.01% 2004 1 16 1 8 11195

20% 2004 2 25 2004 4 2003 10 31 25,276 25,276 36,418.14 11,142.14 44.08% 28,016.14 28,016.14 28,016.14-2,740.14-2,740.14 8,402 11,142.14 406.63% 11,142.14 11,324.47 SCDMA () 1995 11 2 130 120 10 70 40 30 1996 1 11 960011 1996 1 11 () 1998 12 31 286 264 22 154 88 66 440 1999 8 26 KPMG-A(1999)CV 11196

NO.0026 1999 8 24 () 1999 12 9 71.11 1999 12 2 (99) 028 1999 12 2 () () 2005 11197

SCDMA SCDMA 400/1800 SCDMA SCDMA 1800SCDMA 400 SCDMA SCDMA 1800 SCDMA 400 SCDMA SCDMA 1 2 1 2 11198

3 3-6 2003 2004 2005 2006 1-6 2005 1-6 () 1 11199

2006 6 30 2005 6 30 2005 12 31 2004 12 31 2003 12 31 (%) (%) (%) (%) (%) 1,487,395,761 89.78% 1,020,944,657 87.92% 1,523,912,932 90.34% 963,008,089 95.51% 337,460,047 89.46% 1,766,579 0.11% 2,098,054 0.18% 1,932,317 0.11% 2,263,792 0.22% 2,595,267 0.69% 150,747,859 9.10% 116,597,261 10.04% 145,071,236 8.60% 27,118,512 2.69% 18,573,205 4.92% 16,821,392 1.02% 21,551,688 1.86% 15,862,229 0.94% 15,921,147 1.58% 18,580,065 4.93% 1,656,731,591 100.00% 1,161,191,660 100.00% 1,686,778,714 100.00% 1,008,311,540 100.00% 377,208,584 100.00% 11200

2006 6 30 1,656,731,591 1,487,395,761 89.78% 1,766,579 0.11% 150,747,859 9.10% 16,821,392 1.02% (1) 2003 2004 2005 2005 2006 89.46%95.51%90.34%87.92% 89.78% 11201

2006 6 30 2005 6 30 2005 12 31 2004 12 31 2003 12 31 (%) (%) (%) (%) (%) 163,051,037 10.96% 129,269,253 12.66% 287,809,651 18.89% 135,590,761 14.08% 22,662,822 6.72% 25,190,160 1.69% 37,000,000 3.62% 259,529,015 17.03% 147,000,000 15.26% - 0.00% 685,456,975 46.08% 208,309,339 20.40% 435,462,084 28.58% 153,041,335 15.89% 158,366,047 46.93% 18,042,360 1.21% 20,979,807 2.05% 10,914,035 0.72% 15,718,626 1.63% 2,061,236 0.61% 20,007,000 1.35% 70,425,011 6.90% 25,549,310 1.68% 32,363,239 3.36% 2,106,330 0.62% 575,648,229 38.70% 554,766,904 54.34% 504,648,837 33.12% 478,222,909 49.66% 151,306,691 44.84% - 0.00% 194,343 0.02% - 0.00% 1,071,219 0.11% 956,921 0.28% 1,487,395,761 100.00% 1,020,944,657 100.00% 1,523,912,932 100.00% 963,008,089 100.00% 337,460,047 100.00% 11202