Monday, December 31, 2007

Qiao Xing Universal Telephone, Inc

Industry: Telecommunications

Main business locations: China

Registered address:
PO Box 344
Road Town
British Virgin Island

Incorporation year: 1994

Listed on: NASDAQ
Ticker: XINGF

Financial highlights:
Net sales (2006): US$412 million

About the BVI company:

Qiao Xing Universal Telephone, Inc, incorporated in the British Virgin Islands, is one of China's largest manufacturers and distributors of telecommunications terminal products, developing, producing and marketing a wide range of mobile handsets, with increasing focus on differentiated products. It is also one of the leading Chinese manufacturers of mobile handsets, in terms of unit sales volume.

The two major subsidiaries of Qiao Xing Universal Telephone, Inc. are:

1) CEC Telecom Co., Ltd (CECT), - a limited liability company registered in PRC, and one of the largest domestic manufacturers of mobile handsets in China, with the increasing focus on differentiated products that generates higher profit margins.

2) Qiao Xing Communication Industry Co., Ltd (HZQXCI), - China-registered joint venture and one of the largest local indoor telephone players in China and an emerging mobile phone player in the China market, with its focus on higher-end indoor phones and economy mobile phones.

XING first started its original design manufacturing (ODM) in corded fixed line telephones in 1992 in the Chinese Province Guangdong. The company has demonstrated its differentiated products, the last of which were information securiy mobile phones with Five-star rating launched in 2007.
The Company also developed the first model of LCD telephone sets and the first model of wireless fixed phones in China.

The company has also maintained strategic relation with renowned domestic and international telecommunication terminal R&D firms, including BVI registered TechFaith company.

No comments: