China Motion

Corporate Profile

Established in 1990, China Motion Telecom International Limited ("China Motion", together with its subsidiaries, collectively referred as the "Group") is a well-regarded telecommunications company with strong networks in Hong Kong and Mainland China. China Motion has been listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 989) since 1997.

Based on its extensive market resources and operational experiences established over decade, the Group has built up a solid customer base and reputable brand names in the Hong Kong and the China telecommunications markets. With consistency, innovation and commitment to market needs and customer satisfaction, the Group has transformed itself into a multi-faceted telecommunications services provider. Being first an enterprise providing paging and technical services when the Group was founded, it has successfully extended its services scopes into provision of innovative and high-growth telecommunications services over the years. Today, the major businesses of the Group include provision of mobile communications services, retail sales and management services.

Mobile Communications Services
With its extensive and successful track record in wireless business, the Group was granted a licence for "Mobile Virtual Network Operator" by the Office of the Telecommunications Authority (OFTA) in 2001, officially becoming one of the mobile service providers in Hong Kong offering mobile value-added telecommunications services.

Branded under "CM Mobile", the Group has launched a range of innovative services to satisfy the needs of different customer segments including the frequent cross-border travellers and business travellers between the Mainland China and Hong Kong.  In 2002, the Group launched the industry's first cross-border mobile and value-added services in Hong Kong with its "Single SIM Dual Number" service enabling customers to switch the mobile numbers without switching the SIM card when crossing the border. Today, it remains an undisputed leader in this segment servicing the corporate business customers.

Retail Sales and Management Services

In July 2009, the Group acquired a Shanghai-based retail sales and management service business, represented the Group's first foray into the Shanghai's value-added telecommunications business.  The business primarily provides sales and management services to 28 retail shops and distributes prepaid mobile cards for one of the major telecommunications operators in the People Republic of China. This business has transformed itself from a traditional telecom outlets selling primarily mobile handsets into a service-based revenue model providing a significant improvement of the gross margin and profitability of the Group.

Prospect

The Group will continue to fine tune its business model and explore new investment opportunities to enhance its position and leadership in the mobile communications and retail management service business.