Signed Billion digital STB order

With Chau Electronics (002052) August 17 announced that the company August 16 received with the South American customer EMB Company signed the total amount of 1,617 80,000 U.S. dollars (about 110 million yuan) of the order contract, the main supply products for digital TV set-top box.　　The contract agreed that the set-top box should be supplied in batches before November 22, 2010, and the payment will be paid within 30th. According to the introduction, with the state of electronics since October 2008 to EMB sales set-top boxes, 2009 company to EMB Company sales set-top box total 30,970.60,000 RMB, EMB company can perform the contract, there is no default situation.　　With the state electronic said that the contract amount accounted for the company's 2009 annual operating income of 5.52%, the contract performance does not affect the independence of the company's business, the company signed this major contract does not exist to lose another similar major contract possibility. With the State electronics also reminded that the contract performance may be the risk of exchange rate changes, but because the contract performance period is relatively short, and the company's products part of the procurement of raw materials in the United States dollar price, exchange rate risk will be reduced.