BEIJING, Nov. 22, 2011 /PRNewswire-Asia-FirstCall/ -- Qiao
Xing Mobile Communication Co., Ltd. ("QXM" or the "Company") (NYSE:
QXM), a domestic manufacturer of mobile handsets in China, announced today that Mr. Shujun Huang has been appointed to serve as
Director of the Company, replacing Mr. Ruilin Wu, who resigned as Director, effective
November 22, 2011. Mr. Wu's
resignation is for personal reasons and is not related to any
disagreement with the Company regarding financial, operational or
other practices.
Mr. Huang has served as a non-executive director of Hong Kong
Jin Ao Environmental Protection since June
2010. Before that, he was in charge of production, research
and development at a Shanghai-based mobile phone design company and
also served as assistant to the general manager at Arima
Communications Corp's Shanghai Office. Prior to that, Mr. Huang
worked at Shanghai Zi Bei Telecommunication and Electronics Co.,
Ltd. and Shanghai Delimei Electronics Co., Ltd. He received a
bachelor's degree in automation control from the Shanghai University of Technology.
The Company welcomes Mr. Huang and is pleased to strengthen its
Board with an individual possessing extensive experience in the
telecommunications industry.
About Qiao Xing Mobile Communication Co., Ltd.
Qiao Xing Mobile Communication Co., Ltd. is a domestic
manufacturer of mobile handsets in China. QXM manufactures and sells mobile
handsets based primarily on the GSM, TD-SCDMA, and WCDMA
technologies. It operates its business primarily through CEC
Telecom Co., Ltd., its 96.6%-owned subsidiary in China. Through its manufacturing facility in
Huizhou, Guangdong Province, China, and its research and development center
in Beijing, the Company develops,
produces and markets a wide range of mobile handsets. For more
information, please visit http://www.qxmc.com.
Safe Harbor Statement
This announcement contains forward-looking statements, as
defined in the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. In some cases, these
forward-looking statements can be identified by words or phrases
such as ''aim,'' ''anticipate,'' ''believe,'' ''continue,''
''estimate,'' ''expect,'' ''intend,'' ''is /are likely to,''
''may,'' ''plan,'' ''potential,'' ''will'' or other similar
expressions. Statements that are not historical facts, including
statements about QXM's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement. Information regarding these factors is
included in our filings with the Securities and Exchange
Commission. QXM does not undertake any obligation to update any
forward-looking statement, except as required under applicable
laws. All information provided in this press release is as of
November 22, 2011, and QXM undertakes
no duty to update such information, except as required under
applicable laws.
For further information,
contact:
|
|
Lucy Wang, Vice
President
|
|
Qiao Xing Mobile Communication
Co., Ltd.
|
|
Tel: (8610) 57315638
|
|
E-mail:
wangjinglu@cectelecom.com
|
|
|
SOURCE Qiao Xing Mobile Communication Co., Ltd.