Operating revenue of Shenglu Telecommunication Tech. reached RMB93.26 million in 2011Q3, up 14.74% YoY, while its net income achieved RMB1.9 million, down 79.24% YoY. For the first three quarters, its operating revenue and net income accumulated to RMB291 million and RMB14.32 million respectively, up 2.84% YoY and down 44.02% YoY separately.

The reasons for the weak growth mainly include followings: influenced by the weak market demand, the base station antenna business which accounts for over half of the operating revenue performed poorly; RF components and equipment also took modest performance; sales of microwave antenna that was used to be seemed as potential product (a great many of inventory) was also unsatisfied; moreover, export business got a certain decline. With the start of bidding for new base station of operators by the end of year, growth rate of operating revenue is expected to be recovered, but to a limited extent. 

In addition, Shenglu Telecommunication successively purchased Shenzhen ONECOM TECH and ShenZhen OUSER MW Communication in the beginning of the year, with the aim to expand its competitive advantage to network testing on the basis of its existed antenna technology advantage, meanwhile, to get qualification for entering into the military communication field.