| Policy
Statement
China Techfaith Wireless Communication Technology Ltd, which is listed on the Nasdaq Stock Exchange (below collectively, "CNTF" or the "Company"), recognizes the fundamental importance of transparency and accountability. Management believes that shareholder' value can best be enhanced by articulating the corporate strategies, business strengths and weaknesses, growth opportunities and threats, and future prospects through a continuous and active dialogue with the investment community, the media and the public. To achieve this, the Company is committed to providing shareholders and the general public access to key information that is reasonably required to make an investment decision on a fair and timely basis.
This policy outlines procedures to ensure (1) compliance with the Listing Rules and other regulatory requirements in relation to the disclosure of price-sensitive information; (2) that all communications with the public, including the investment community and the media, are fair; and (3) that material non-public information is not disseminated on a selective basis.
Internally, CNTF has informed all its employees about this fair disclosure policy and how it affects contacts with the investment community and the media. Our internal policy states that all queries from the investment community and the media must be funneled through our Investor Relations Division and Corporate Communications Division respectively. This policy helps protect employees and CNTF from regulatory and other potential public liabilities.
Spokespersons
Primary spokespersons responsible for communicating Company information to the investment community and the media include our Chairman, Chief Executive Officer and Chief Financial Officer. For purpose of these guidelines, the investment community refers to existing and potential investors of the Company, analysts and securities market professionals.
Where appropriate, the Company may authorize other officers of the Company to communicate with the investment community or the media as part of the Company's investor relations or public communications program. Investor relations personnel will be present when non-primary spokespersons meet with the investment community.
Investor Meetings
These meetings will only discuss financial information and historical data that have been previously released to the public. Information regarding our markets, products, processes, etc., will be discussed as long as it is not considered to be material non-public information. CNTF will maintain records of information provided to analysts and investors.
Analyst and Investor Conferences, and 'Roadshows'
CNTF will actively meet with analysts, investors and other securities market professionals in meetings, conferences and 'roadshows'. Information regarding the Company will be discussed so long as it is not considered to be material non-public information.
Media Communications
The Company will also communicate through other channels, such as news releases, press conferences or media interviews, to keep the media, the investment community and the public abreast of the Company's developments.
Analyst Models and Reports
CNTF will not review or comment on analysts' financial models and research reports, except to suggest corrections to material inaccuracy relating to historical information that is publicly available. Our investor relations division is pleased to assist with historical data and previously disclosed public information.
Market Rumors
It is the Company's policy to not comment on market rumors or speculation unless required to do so by law or regulatory authorities.
Questions to Investor Relations
CNTF's investor relations division will respond to inquiries from the investment community that relate to information that is already in the public domain.
Website
The Investor Relations section of our website (http://www.TechFaithwireless.com/ir) contains all relevant information that should allow an investor to stay informed about CNTF. Our website will also include IR calendar that provides the dates of interim and annual earnings announcements, and other significant events. An e-mail alert system option allows investors/analysts to sign up and be automatically updated.
Earnings Conference, Webcast and Presentations
CNTF broadcasts its earnings conferences via a live webcast on a semi-annual basis. The webcast is subsequently hosted on the investor relations section of our website until the next earnings release. Interim and annual results presentations, reports and press releases are also posted on our website. Overall strategy, financial results, operating performance and recent developments will be shared and reviewed in these presentations.
Contact Details
Analysts, investors, securities market professionals or media should contact the following to arrange investor meetings.
In China: In the U.S:
Mr. Jay Ji and David Pasquale, Global IR Partners
Tel:86-10-5822-8390 Tel:+ Tel: +1 914-337-8801
jay.ji@mail.TechFaith.cn; cntf@globalirpartners.com
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