Untitled Document

Brief Introduction

The establishment of China Orient Telecomm Satellite Company, Ltd.(Hereafter referred to as "China Orient") is to keep in line with the national reform and open policy and accelerate the fast development of satellite telecommunication. With the approval of the State Council, China Orient was initiated mainly by the former Ministry of Posts and Telecommunications(the former MPT), and jointly by domestic investments, registered with the State Administration of Industry and Commerce on April 22, 1995. Now China Orient is functioning under the administration of the Ministry of Information Industry. Since February 20, 1998, according to the decision by the former MPT, shares held by the former MPT were transferred to the Directorate General of Telecommunications P&T of China(China Telecom).