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                                                                    Exhibit 99.2

             Report of Independent Registered Public Accounting Firm

The Board of Directors and Shareholders of
China GrenTech Corporation Limited:

We have audited China GrenTech Corporation Limited and its subsidiaries's
internal control over financial reporting as of December 31, 2007, based on
criteria established in Internal Control - Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission (COSO). China
GrenTech Corporation Limited's management is responsible for maintaining
effective internal control over financial reporting and for its assessment of
the effectiveness of internal control over financial reporting, included in the
accompanying Management's Report on Internal Control over Financial Reporting.
Our responsibility is to express an opinion on the Company and its subsidiaries'
internal control over financial reporting based on our audit.

We conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether effective
internal control over financial reporting was maintained in all material
respects. Our audit included obtaining an understanding of internal control over
financial reporting, assessing the risk that a material weakness exists, and
testing and evaluating the design and operating effectiveness of internal
control based on the assessed risk. Our audit also included performing such
other procedures as we considered necessary in the circumstances. We believe
that our audit provides a reasonable basis for our opinion.

A company's internal control over financial reporting is a process designed to
provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles. A company's internal control over
financial reporting includes those policies and procedures that (1) pertain to
the maintenance of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the company; (2)
provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally accepted
accounting principles, and that receipts and expenditures of the company are
being made only in accordance with authorizations of management and directors of
the company; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use, or disposition of the company's
assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.

A material weakness is a deficiency, or a combination of deficiencies, in
internal control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the company's annual or interim
financial statements will not be prevented or detected on a timely basis.
Material weaknesses related to (1) inadequate level of review of the basis and
assumptions used for classification of trade receivables into short-term and
long-term categories; (2) ineffective controls over monitoring of the level and
the status of inventory pending for installation located at the sites of the
Company's customers; (3) inadequate level of management review of critical
manual Excel spreadsheet containing trade receivable aging information; and (4)
insufficient competent of personnel with an appropriate level of knowledge,
experience and training in the application of the generally accepted accounting
principles commensurate with the financial reporting requirements, have been
identified and included in management's assessment. We also have audited, in
accordance with the standards of the Public Company Accounting Oversight Board
(United States), the consolidated financial statements as of and for the year
ended December 31, 2007, of the Company and its subsidiaries. These
aforementioned material weaknesses were considered in determining the nature,
timing, and extent of audit tests applied in our audit of the 2007 consolidated
financial statements, and this report does not affect our report dated October
27, 2008, which expressed an unqualified opinion on those consolidated financial
statements.

In our opinion, because of the effect of the aforementioned material weaknesses
on the achievement of the objectives of the control criteria, China GrenTech
Corporation Limited has not maintained effective internal control over financial
reporting as of December 31, 2007, based on criteria established in Internal
Control--Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission.

We do not express an opinion or any other form of assurance on management's
statements referring to corrective actions taken or planned to be taken after
December 31, 2007, as discussed in this annual report in the section entitled
"Remediation Plan" under Item 15, "Controls and Procedures", relative to the
aforementioned material weaknesses in internal control over financial reporting.



/s/ KPMG

Hong Kong, China
October 27, 2008