Company Profile

APT Satellite Holdings Limited (together with its subsidiaries known as the "Group"), is a listed company on both the Hong Kong and New York stock exchanges. Its wholly-owned subsidiary, APT Satellite Company Limited, was established in 1992. It primarily provides high quality satellite transponder and telecommunication services for international and Asia-Pacific broadcasting and telecommunication sectors and has achieved remarkable performance.   The Principal Shareholders of the Group are renowned China and South East Asia corporations. They hold a majority of the issued shares of APT Satellite Holdings Limited. The relations between the Group and its Principal Shareholders enable the Group to establish strong competitive advantages in both international and Asia-Pacific markets including China.

The Group is managed by a team of experts in the satellite-related industries. They have about 20 to 30 years' experience in the development, launch, telemetry and control, and telecommunication of satellites. The Group currently operates three in-orbit satellite, APSTAR-I, APSTAR-IA and APSTAR-IIR, through its own satellite control centre located in Tai Po, Hong Kong. The Group expanded into VSAT business in 1999 and successfully obtained the Satellite Television Uplink and Downlink Licence from the Government of Hong Kong Special Administrative Region on 6 July 1999 for the provision of Satellite television uplink and downlink services.  On 19 June 2000, APT Satellite Telecommunications Limited, a joint venture owned by the Group and owned by SingaSat Pte Ltd, was granted a satellite-based external Fixed Telecommuncation Network Services licence for the provision of external telecommunication services including Wholesale Telecom Services, VSAT services and Internet point-of-presence (POP) Gateway, and Facility Management. A Teleport of approximately 17,258 sq. m. floor area will be established on a new site of 8,900 sq m adjacent to the existing Group's Satellite Control Centre in two years. Future Satellites Plans The Group intends to participate in the direct broadcasting satellite service in the region and is also planning to launch a high power satellite to satisfy the transponders demand by the end of 2002.

The Superior APSTAR Systems

			Transponders
Satellites	Model	Orbital Slots	C-Band	Ku-Band	Footprint Coverage
APSTAR-I	Hughes HS-376	138 degreeEast	24	-	China, Japan, South-East Asia
APSTAR-IA	Hughes HS-376	134 degreeEast	24	-	China, Japan, South-East Asia & India
APSTAR-IIR	SS/Loral FS-1300	76.5 degree East	28	16	Europe, Asia, Africa Australia, about 75% of World's population
APSTAR-V (replacement satellite to APSTAR I, to be launched in end of 2002) (For more details...)	SS/Loral FS-1300	138 degree East	38	16	China, India, Southeast Asia, Australia, Hawaii, South Pacific Islands, Guam

Note:

(a) China Telecommunications Broadcast Satellite Corporation;
(b) China Aerospace Corporation;
(c) CASIL Satellite Holdings Limited;
(d) SingaSat Pte. Ltd., a wholly-owned subsidiary of Singapore Telecommunications Limited;
(e) Kwang Hua Development and Investment Limited, a Hong Kong corporation jointly owned by the Ruentex Group and China Development Corporation.

Directors and Executive Officers:

Executive Directors
CHEN Zhao Bin	Director & President
CUI Xin Zheng	Director & Vice President
Non-executive Directors
LIU Ji Yuan	Chairman
HE Ke Rang	Vice-Chairman
ZHOU Ze He	Vice-Chairman
WU Jin Feng	Director
WONG Hung Khim	Director
HSU Chih Chang	Director
LIM Toon	Director
LEE Hsiang Wei	Director
WU Zhen Mu	Director
LU Xiaochun	Director
LOH Yim Kew	Director
LIM Bee Ling	Director
Independent Non-executive Directors
LI Kwok Wing, Meocre	Director
YUEN Pak Yiu, Philip	Director
Executive Officers
LENG Yi Shun	Vice-President
YUAN Bin	Vice President
LO Kin Hang, Brian	Assistant to President & Company Secretary
Wu Shou Kang	Chief Engineer