Based in Jiangsu Province, Hengxin Technology Ltd. ("Hengxin Technology") is principally engaged in the manufacture and sale of RF coaxial cable series for mobile communications and other telecommunications equipment in the PRC, with a strong focus on research, design and product development. Our products are widely used by the major telecommunications operators, equipment manufacturers and cable television networks in the PRC. As an affirmation of the popularity of our products, we achieved highest sales for RF coaxial cables for mobile communications among all such manufacturers in the PRC in 2004 and 2005.
We emphasize on product development and have developed at least 27 new varieties of coaxial cables such as the super-flexible coaxial cable and low attenuation coaxial cables since our incorporation. To date, we have received three patents in the PRC for our super-flexible coaxial cables and leaky coaxial cables and are in the process of applying for another five patents for our products and manufacturing process.
Based on statistical data in a notice issued by the China Electronic Components Industry Association, Subsidiary Association of Photoelectric Wire and Cable to Hengxin Technology in February 2005 and February 2006.