POTEVIO CORPORATION(hereinafter called "POTEVIO") is an IT products and service provider in telecommunication industry. The company was founded in 1980, originally called China Posts and Telecommunications Industry Corporation. It is a state key enterprise directly under the leadership of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company owns POTEVIO Co., Ltd., which consists of 7 companies: POTEVIO Capitel, POTEVIO Eastcom, Ningbo Electronics, Beijing Ericsson POTEVIO, Nanjing Ericsson Panda, POTEVIO Taili, POTEVIO Designing & Planning Institute for Engineering. Besides that, POTEVIO also owns over 40 companies directly invested by the headquarters, which include 5 listed companies- Shanghai P&T, Chengdu Cable and Nanjing POTEVIO are directly invested by headquarters; POTEVIO Eastcom and Ningbo Bird are indirectly invested by headquarters. POTEVIO is a leading one among top 100 enterprises in China's IT industry, and ranked excessively the No. 1 of Top 100 Chinese Electronic & Information Enterprises in 2001 and 2002. In 2003, POTEVIO ranks No. 1 among the overall listing of China's largest enterprise groups in the manufacture sector of electronic and communication equipments. It ranks No. 5 both in the listings of 500 largest import & export and 200 largest export enterprises issued by the Ministry of Commerce of China. POTEVIO's business scope covers both fixed and mobile communications. Its available communication equipments and terminal products include: mobile communication network equipments and handsets, optical transmission equipments and communication cables, PDF and connectors, power supplies, microwave communication equipments, telecommunication network Operation Support Systems (OSS), SPC switch, videophones and IC card payphones, PHS handsets, logistics information system and equipments for industries, ITS series products, office information equipments and etc, as well as project contracting home and abroad, international cooperation, technology transfer, products import and export and etc.