BEIJING, July 30 /Xinhua-PRNewswire-FirstCall/ -- Qiao Xing Mobile
Communication Co., Ltd. ("Qiao Xing Mobile" or "the Company") (NYSE: QXM),
one of China's leading domestic manufacturers of mobile handsets, announced
that one of its popular handsets, CECT YAMI II wristwatch mobile phone
received "China's consumer electronics appliances -- Best Industrial Design
Innovation Award" for the first half of 2008 by China International
Consumer Electronics Show (SINOCES) and China Electronic News. China
International Consumer Electronics Show (SINOCES) is an event sponsored by
the Ministry of Commerce, the Ministry of Information Industry, the
Ministry of Science and Technology and Shandong Provincial People's
Government and has evolved into one of the most prominent international
professional fairs in the consumer electronics industry of the Asia-Pacific
region. China Electronic News is one of the most influential consumer
electronic publications in China.
YAMI II, the second-generation wristwatch mobile phone weighing only 30
grams, has a phone, MP3 player, recorder, radio, U disk and Bluetooth. YAMI
has become CECT's fashionable phone brand with its innovative design.
Mr. Wu Zhi Yang, Chairman of the Company, commented, "We are very proud
that our YAMI II Wristwatch model was recognized by SINOCES and China
Electronic News. This award is a powerful incentive to enterprises focusing
on innovation. We believe our strategy of focusing on innovation and
differentiation will bring us sustainable competitiveness and we will
continuously develop such innovative products in the future."
About Qiao Xing Mobile Communication Co., Ltd.:
Qiao Xing Mobile Communication Co., Ltd. is one of the leading domestic
manufacturers of mobile handsets in China in terms of unit sales volume.
The Company manufactures and sells mobile handsets based primarily on
Global System for Mobile Communications, or GSM, global cellular
technologies. It operates its business primarily through CEC Telecom Co.,
Ltd., or CECT, its 96.6%-owned subsidiary in China. Currently, all of its
products are sold under the "CECT" brand name. Through its manufacturing
facility in Huizhou, Guangdong Province, China, and two research and
development centers in Huizhou and in Beijing, the Company develops,
produces and markets a wide range of mobile handsets, with increasing focus
on differentiated products that generally generate higher profit margins.
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 Qiao Xing Mobile'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. Qiao Xing
Mobile does not undertake any obligation to update any forward-looking
statement, except as required under applicable law. All information
provided in this press release is as of July 30, 2008, and Qiao Xing Mobile
undertakes no duty to update such information, except as required under
applicable law.
For further information, please contact:
Ma Tao
Qiao Xing Mobile Communication Co., Ltd.
Tel: +86-10-6250-1706
Email: matao@cectelecom.com
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