Huawei Technologies Co., Ltd.is one of the leading players in the global telecom market based in China. Currently,we have over 44,000 employees,of whom more than 48% are devoted to R&D. In addition,28 of the world s top 50 operators have chosen Huawei as their cooperator. In 2005,our contract sales reached US$8.2 billion,of which more than 58% was from international markets,and represented a year-over-year growth rate of over 40%.