6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of May 2009
Commission File Number: 000-51242
CHINA TECHFAITH WIRELESS COMMUNICATION TECHNOLOGY LIMITED
Building 1, No. 13, YongChang North Road
Beijing Economic-Technological Development Area (Yi Zhuang)
Beijing 100176, Peoples Republic of China
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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CHINA TECHFAITH WIRELESS COMMUNICATION TECHNOLOGY LIMITED
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By: |
/s/ Yuping Ouyang
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Name: |
Yuping Ouyang |
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Title: |
Chief Financial Officer |
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Date: May 18, 2009
EXHIBIT INDEX
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Exhibit No. |
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Description |
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99.1
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Press release regarding agreement by IDGVC Partners and Infiniti Capital to make US$20 million
investment in Techfaiths One Net Entertainment Limited |
Exhibit 99.1
IDGVC Partners and Infiniti Capital Agree to Make US$20 Million Investment
in TechFaiths One Net Entertainment Limited
Beijing, China, May 18, 2009 China Techfaith Wireless Communication Technology Limited (NASDAQ:
CNTF) (TechFaith) today announced that a leading venture capital firm, IDGVC Partners
(www.idgvc.com), and Hong Kong-based Infiniti Capital Limited have agreed to make a total of US$20
million investment in One Net Entertainment Limited through its parent company, Leo Technology
Limited, a wholly-owned subsidiary of TechFaith. One Net Entertainment focuses on the development
and operation of wireless gaming applications. IDGVCs US$10 million investment will be in the
form of a convertible note convertible into ordinary shares of Leo Technology or TechFaith at the
option of the note holder, and Infiniti Capitals US$10 million investment will be in the form of
common equity. The transaction is subject to certain closing conditions.
Defu Dong, Chairman and CEO of TechFaith, stated, We are pleased with the impressive progress of
our gaming business and welcome the investment from IDG and Infiniti. One Net Entertainment has
quickly established itself as a competitor to be watched in the wireless mobile phone gaming and PC
online gaming markets. With this US$20 million investment, we expect to be able to execute on our
growth strategy and pursue game development and publishing opportunities to even further accelerate
One Net Entertainments growth prospects.
About One Net Entertainment Limited
Based in Beijing, One Net Entertainment is a wholly-owned subsidiary of China Techfaith Wireless
Communication Technology Limited (TechFaith) (NASDAQ: CNTF). One Net Entertainment is targeting
both the mobile and online PC gaming markets through its websites www.798uu.com and
www.798game.com, respectively. One Net Entertainment is leveraging an integrated model of using a
combination of self-developed as well as co-developed and licensed content, as such strategy is
designed to help it launch games faster and more efficiently. Three massive multiplayer online
role-playing games (MMORPGs) are planned to launch in 2009 for online PC users on www.798game.com.
Sixteen titles are planned to launch in June for mobile gamers on the companys Chinese mobile
games website www.798uu.com.
About IDGVC Partners ( www.idgvc.com )
IDGVC Partners was founded in 1992 with offices in Beijing, Shanghai, Guangzhou, Boston, and
Silicon Valley. As one of the earliest American venture capital firms to enter the Chinese market,
IDGVC Partners has established a leading role in the industry with an aggregate of US$2 billion
capital under management. IDGVC Partners invests in early-to-growth-stage companies with focus on
hi-tech related sectors such as the Internet, telecommunications, wireless communications, digital
media, IC, and life science. It has an investment portfolio of over 100 start-up companies,
including Ctrip, Sohu, Baidu, China Finance Online, Tencent, soufun, HomeInns, NetDragon, Allyes,
and Kingdee, 30 of which have completed public offerings or successful mergers.
About Infiniti
Infiniti Capital Limited (ICL) is a venture capital firm based in Hong Kong. ICL was founded by
two well experienced investment professionals who are both Chartered Financial Analysts. They bring
with them a wealth of over 19 years experience each in the HK/China financial industry. Infiniti
Capital mainly participates in China-related investment opportunities in different markets and
their investment philosophy is to benefit from fast growing companies over the long run. Hence,
their key focuses are the growth potential of the business segment as well as the management
capabilities of their invested companies.
About TechFaith
TechFaith (NASDAQ: CNTF) is an original developed product provider focused on research and
development of cell phone solutions. Based in China, TechFaith employs approximately 700
professionals, of whom approximately 90% are engineers. TechFaith engages in the development and
production of middle to high end handsets and tailor made handsets. TechFaiths original developed
products include: (1) multimedia phones and dual mode dual card handsets of multiple wireless
technology combination such as GSM/GSM, GSM/CDMA, GSM/WCDMA, GSM/TD-SCDMA and UMTS/CDMA; (2)
Windows-based smartphones and Pocket PC phones; and (3) handsets with interactive online gaming and
professional game terminals with phone functionality.
With the capability of developing MMI/UI software on 2G/2.5G(GSM/GPRS, CDMA1X), 3G(EV-DO,
WCDMA/UMTS, TD-SCDMA) and 3.5G(HSDPA) communication technologies, TechFaith is able to provide
MMI/UI software packages that fulfill the specifications of handset brand owners and carriers in
the global market. For more information, please visit www.techfaithwireless.com
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the safe
harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as will, expects,
anticipates, future, intends, plans, believes, estimates, confident, outlook and
similar statements. Among other things, the business outlook and strategic and operational plans
of TechFaith contain forward-looking statements. TechFaith may also make written or oral
forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission
on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers, directors or employees to third
parties. Statements that are not historical facts, including statements about TechFaiths beliefs
and expectations, are forward-looking statements. Forward-looking statements involve inherent risks
and uncertainties. A number of important factors could cause actual results to differ materially
from those contained in any forward-looking statement. Potential risks and uncertainties include,
but are not limited to, those risks outlined in TechFaiths filings with the U.S. Securities and
Exchange Commission, including its annual report on Form 20-F. TechFaith does not undertake any
obligation to update any forward-looking statement, except as required under applicable law.
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Contacts: |
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In China:
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In the U.S.: |
Jay Ji
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David Pasquale |
China Techfaith Wireless Communication Technology Limited
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Global IR Partners |
Tel:+ 86-10-5822-8390
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Tel: +1 914-337-8801 |
Email: ir@techfaith.cn
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Email: cntf@globalirpartners.com |