Profile: Zoom Technologies, Inc. (ZOOM.O)

Zoom Technologies, Inc. (Zoom), through its wholly owned holding-company subsidiaries, Gold Lion Holding Limited (Gold Lion) is the owner of 51.03% of Tianjin Tong Guang Group Digital Communication Co., Ltd. (TCB Digital) and 100% of Profit Harvest Corporation Ltd. (Profit Harvest). The business of Zoom is the businesses of Gold Lion, which is comprised of the businesses of TCB Digital, Jiangsu Leimone Electronics Co., Ltd. (Jiangsu Leimone) and Profit Harvest. Profit Harvest serves as sales and marketing arm of TCB Digital, and as such, substantially all of the business of Zoom is generated by the business of TCB Digital. Both TCB Digital and Jiangsu Leimone are in the business of manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, global positioning system (GPS) equipment, and related software products.

TCB Digital is a high technology enterprise engaging in electronic and telecommunication product design, development, and manufacturing capability and process. TCB Digital has two business operations, one providing electronic manufacturing service for original equipment manufacturer (OEM) customers and the other designing and producing mobile phone products.

TCB Digital offers electronic manufacturing services (EMS) to both domestic and global customers including Samsung, Tianyu, CCT, Palm, Danaher, Spreadtrum and SK Telecom. The products manufactured by TCB Digital include mobile phones, wireless telecommunication modules, digital cameras, cable television set-up boxes, and GPS equipment. In addition, TCB Digital develops various state-of-art feature mobile phones and smart-phones based on time division synchronous code division multiple accesses (TD-SCDMA), global system for mobile communications (GSM), wideband code division multiple accesses (WCDMA) and code division multiple access (CDMA) technologies. TCB Digital markets its mobile phone products through channel distributors in China and also supply customized mobile phones to China Telecom.