BEIJING, Sept. 9 /Xinhua-PRNewswire-FirstCall/ -- Qiao Xing Mobile
Communication Co., Ltd. (the "Company") (NYSE: QXM), one of China's leading
domestic manufacturers of mobile handsets through its subsidiary, CEC
Telecom Co., Ltd., today announced that it has invited Miss Zhang Ziyi, one
of the best known Chinese actresses internationally, the leading actress of
Crouching Tiger Hidden Dragon, to be the spokesperson for its luxury VEVA
brand in China.
Mr. Wu Zhi Yang, Chairman of the Company, commented, "We are very
pleased to have Miss Zhang Ziyi as the spokesperson for our VEVA brand
handsets in China. We believe that this will greatly lift the image of the
brand name and help position VEVA as one of best luxury brands in the
Chinese mobile handset market."
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, its products
are sold under the "VEVA", "CECT" and "YAMI" brand names. 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 September 9, 2008 and Qiao Xing Mobile undertakes no duty to update such
information, except as required under applicable law.
For more information, please contact:
Ma Tao
Qiao Xing Mobile Communication Co., Ltd.
Tel: +86-10-8219-3706
Email: matao@qxmc.com
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