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Press Release -- May 23rd, 2014
Source: Comba Telecom
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COMBA TELECOM ACHIEVES GREATER ECONOMIES OF SCALE THROUGH ENHANCED PRODUCTION AND R&D CAPABILITIES

(23 May 2014 – Hong Kong) – Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, Hong Kong stock code: 2342), a global leading wireless solutions provider, is pleased to announce that its new production plant in Guangzhou City, the PRC has recently commenced operations. In addition, the Group will further enhance its R&D capability by expanding its R&D facilities in the headquarters in Guangzhou Science City (the “R&D Headquarters”).

Due to the increasing volume of business in the global market, particularly following the granting of fourth generation mobile communications (“4G”) network licenses in the PRC in December 2013, customer orders have exceeded the Group’s then production capacity. To cater for the rising demand, a new factory adjacent to the Group’s existing manufacturing base in Guangzhou City has recently commenced operations. This will expand the Group’s manufacturing capacity in wireless enhancement, antennas and subsystems, wireless access and transmission as well as other related innovative products. Meanwhile, Comba Telecom will build additional R&D facilities which are in close proximity to its existing R&D Headquarters to help it meet the latest technological developments and innovations.

The new production plant and additional R&D facilities mark a new milestone in the Group’s continuing development. The new production plant greatly enhances the production capacity of the Group, enabling greater economies of scale and faster delivery of customer orders. The new R&D facilities will further strengthen its leading position by offering more innovative products and technologies that support multi-standard and multi-network deployment along network migration.

Mr. Zhang Yue Jun, Vice Chairman and President of Comba Telecom, said, “With the inauguration of the new production plant, the Group has significantly expanded its manufacturing capacity in all our businesses. Our R&D strength is expected to be further enhanced as well. Such facilities will bolster our leading market position, enabling us to grasp the enormous opportunities presented by 4G LTE and the Big Data Era. We will remain committed to providing innovative solutions to our customers and generating optimal returns to our shareholders.”

The new production plant in Guangzhou has commenced operations

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