Chairman’s Letter    
Dear shareholders and investors:

Thank you for your support of China VoIP & Digital Telecom Inc.

With more than 7 years of history in the VoIP market, we are now the leading provider of IP communications services in China offering high quality, cost-saving IP communications products and services.In 2007, we saw significant growth in our customer base and improvement in our financial results.We are a profitable technology company.Along with the $5 million we recently raised, we will be able to fuel our business expansion domestically and internationally through organic growth and/or mergers and acquisitions.In 2008, we will continue to introduce innovative products and value-added services to the domestic market.We will also focus on providing services to customers on a global basis.With a favorable business environment, growth momentum and a sound strategy, we believe our company will thrive and deliver superior results.Our goal is to be listed on Nasdaq, and we will try to achieve that goal in the shortest possible time.

We understand our share price has not met either your expectations or ours.We are working hard to build a good track record for our business and financial performance.However, everything takes time. We will do our best to maximize returns for our company, employees and shareholders.

We ask you for patience, and I truly hope you can always support us!
  February News Highlight

China VoIP & Digital Telecom Inc. Announces Fourth Quarter and Full Year 2007 Results (January 16,2008)

Unaudited diluted earnings per share of $0.03 for the year and $0.01 for the fourth quarter

Unaudited 2007 annual revenue reaches $6.2 million, an increase of 328%
More   

China VoIP & Digital Telecom Inc. CEO to be interviewed by Website WallSt.net (February 12, 2008)

Ms. Christina Yu, interviewed by Wallst.net, was on behalf of the CEO and Chairman, Mr. Li Kunwu, of China VoIP & Digital Telecom Inc. on February12, 2008.
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Company Express

  The company’s wholly owned subsidiary successfully acquired the    typical auto industry client - Geely Group.

   Zhejiang Geely Group Ltd. is the only private enterprise among the    top ten auto makers in China. Headquartered in the provincial    capital Hangzhou of Zhejiang Province, it has four specialized    production and manufacturing bases for complete auto production    and power assemblies.It also has nine major bases, three    universities, nearly 400 4S shops and 600 service stations. The    company employs more than 8,000 people in China, with more    than 200 service sales sites abroad.

We helped Geely to establish its own VoIP communication  network system through our proprietary technology – NP  soft switch technology. We have provided Geely an integrated solution for its uniform voice communication  network, which allows zero-cost in-network communication.

We have divided the Geely project into three stages, the  first stage targets its nine major production bases, the  second targets its vast 4S shops and service stations, and  the third targets its overseas institutions. The first stage  has been finished and put into operation.


Openingceremony for “Geely VoIP Network Communication  System” held by Ms. Zhang Aiqun, vice president of Geely  Group and Mr. Li Kunwu, Chairman of China VoIP & Digital  Telecom Inc.
 
Odds and Ends

February 12,Wallst.net interview at

http://www.wallst.net/audio/audio.asp?ticker=
CVDT&id=4482

More company information please visit

www.chinavoip-telecom.com






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