China Digital Communication Group Reports First Quarter Revenue Up 9.5%

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Close High D	LSE:CHID	London	Ordinary Share	GB00B0RTZ046	D SHS 1P

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
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LOS ANGELES and SHENZHEN, China, May 15 /PRNewswire-FirstCall/ -- China Digital Communication Group (OTC:CHID) (BULLETIN BOARD: CHID) , one of the largest and fastest growing battery components manufacturers in China, today reported revenue for the first quarter of 2006 increased 9.5% to $3,183,547, compared to $2,907,512 in the first quarter of 2005. Net income was $736,783, or $0.01 per fully diluted share, compared to $725,799, or $0.01 per fully diluted share in the first quarter a year ago. Interim CEO and President of China Digital Communication Group Yu Xi Sun, said, "We are continuing to grow our core business organically and expand our product lines. With about 10% of China's highly fractured lithium-ion battery component market, we currently have the second largest market share in the world's fastest growing major market. "We are also moving forward with our plans to close the acquisitions of Galaxy View International and Shenzhen Zhuo Tong Power Supply Industry Co. We expect to close both acquisitions during the summer. We believe that these two acquisitions would position China Digital Communications for future profitable growth opportunities in China's fast-growing telecommunications market. "We continue to project revenue of $30 million and net income of $10 million, or $0.13 per fully diluted share, based on the successful completion of the two acquisitions. We believe the future of our business is very strong, and as I have stated previously, I intend to purchase up to 1 million shares of the company in the open market by June 20. I have already begun to buy shares," Sun said. About China Digital Communication Group China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is one of China's leading manufacturers and developers of advanced telecommunications equipment. E'Jenie sells advanced high-quality lithium-ion battery shell and cap products to all major lithium-ion battery cell manufacturers in China. E'Jenie's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. China Digital Communication Group is continuing its expansion across East Asia, while also seeking distribution partners and acquisitions in new global markets, including the United States. For more information, visit http://www.chinadigitalgroup.com/. To contact the company, call Roy Teng, China Digital Communication Group, (310) 461-1322, e-mail: . An investment profile on China Digital Communication Group may be found at http://www.hawkassociates.com/chinadigital/profile.htm. For investor relations information regarding China Digital Communication Group, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 451- 1888, e-mail: . An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com/ and http://www.americanmicrocaps.com/. Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission. CHINA DIGITAL COMMUNICATION GROUP AND SUBSIDIARIES (FORMERLY JASMINE'S GARDEN) CONSOLIDATED BALANCE SHEET March 31, 2006 (Unaudited) ASSETS Current Assets Cash and cash equivalents $3,610,109 Accounts receivable, net 1,297,433 Inventory 243,142 Prepaid expenses 235,466 Other receivables 10,462 Total Current Assets 5,396,612 Property & equipment, net 641,522 Other Assets Deposits 3,100 Cash advance for business acquisition 3,000,000 Goodwill 1,865,067 Total Other Assets 4,868,167 Total Assets $10,906,301 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable and accrued expenses $785,582 Income tax payable 56,215 Loan payable to related party 174,600 Advances 1,965 Short term note payable 249,600 Total Current Liabilities 1,267,962 Long-term debt, net of current portion 3,000,000 Stockholders' Equity Common stock, $.001 par value, 140,000,000 shares authorized, 72,960,626, issued and outstanding 72,961 Additional paid in capital 12,514,614 Advance for business acquisition (9,620,000) Statutory reserve 128,784 Other comprehensive income 203,030 Retained earnings 3,338,950 Total Stockholders' Equity 6,638,339 Total Liabilities and Stockholders' Equity $10,906,301 CHINA DIGITAL COMMUNICATION GROUP AND SUBSIDIARIES (FORMERLY JASMINE'S GARDEN) CONSOLIDATED STATEMENTS OF INCOME FOR THE THREE MONTH PERIODS ENDED MARCH 31, 2006 AND 2005 (UNAUDITED) 2006 2005 Sales, net $3,183,547 $2,907,512 Cost of sales 2,209,267 1,967,596 Gross profit 974,280 939,916 Selling expense 7,194 10,552 General and administrative expenses 164,773 165,958 Income from operations 802,313 763,406 Other (Income) Expense Interest income (5,115) (50) Miscellaneous expense 268 (8,791) Interest expense 29,840 5,335 Total Other (Income) Expense 24,993 (3,506) Income before income taxes 777,320 766,912 Provision for income taxes 40,537 41,113 Net income $736,783 $725,799 Other comprehensive income Foreign currency translation 91,346 2,580 Comprehensive Income $828,129 $ 728,379 Net income (loss) per share: Basic & diluted $0.01 $0.01 Weighted average number of shares outstanding: Basic & diluted 63,710,626 54,460,626 Weighted average number of shares for dilutive securities has not been taken since the effect of dilutive securities is anti-dilutive. DATASOURCE: China Digital Communication Group CONTACT: Roy Teng of China Digital Communication Group, +1-310-461-1322, Web site: http://www.chinadigitalgroup.com/

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