Qiao Xing Mobile Co (fka QXMCF)

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Live Updating

gladpick

03/08/15 7:06 PM

Post #33

Re: #31: @Fuyouren - I still have 18,000 shares, do a google

Regarding your QXM shares:Contact
morad.ghodooshim@tri-c.edu.

He is the lead plaintiff in the lawsuit against Rui Lin Wu and QXM.He in the process of getting a receiver appointed to force Wu to pay.if you email him he will send you the up to date info about what is going on.

Fuyouren

07/28/13 9:00 PM

Post #32

Re: #31: @Fuyouren - I still have 18,000 shares, do a google

sorry, go here: http://securities.stanford.edu/1049/QXM00_01/

Fuyouren

07/28/13 8:57 PM

Post #31

Re: #30: @happy5858 - Any news for QXM, I still have 300

I still have 18,000 shares, do a google search on "Jeff perry, et al. v. Duoyuan Printing', that jerk Ruilin Wu won't do anything so the lawyers are suing him and if we get anything it will only be pennies on the dollar.

happy5858

05/14/13 6:36 PM

Post #30

Any news for QXM, I still have 300 shares in NYSE

WhoCares9

02/11/13 4:23 PM

Post #29

I am still short 13895 shares of QXMCF as of Feb 11, 2013, and I would like to cover them in order to free up the margin used in my account. If anyone is stuck long, I will buy the shares from you for .05 apiece. Please contact me at j.ryan.yates@gmail.com, and we can make a contract and pass it on to our brokers.

Renee

08/23/12 9:38 AM

Post #28

Re: #27: @Renee - QXMCF: SEC Suspension:

QXMCF revoked:

http://www.sec.gov/litigation/admin/2012/34-67718.pdf

Renee

07/05/12 11:13 AM

Post #27

Re: #26: @cintrix - NYSE Suspends Trading In Qiao Xing Mobile Communication,

QXMCF: SEC Suspension:

http://www.sec.gov/litigation/suspensions/2012/34-67349.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2012/34-67349-o.pdf

ADMIN Proceeding:

http://www.sec.gov/litigation/admin/2012/34-67350.pdf

cintrix

05/17/12 4:22 PM

Post #26

NYSE Suspends Trading In Qiao Xing Mobile Communication, Moves To Delist >QXM

Last Update: 5/17/2012 4:03:07 PM

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

May 17, 2012 16:03 ET (20:03 GMT)

Penny Roger$ Free

04/13/12 5:29 AM

Post #25

Re: #24: @Penny Roger$ - ~ Friday! $QXM ~ Q1 Earnings posted, pending

Penny Roger$ Free

04/13/12 5:28 AM

Post #24

~ Friday! $QXM ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $QXM ~ Earnings expected on Friday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.

http://stockcharts.com/h-sc/ui?s=QXM&p=D&b=3&g=0&id=p88783918276&a=237480049

http://stockcharts.com/h-sc/ui?s=QXM&p=W&b=3&g=0&id=p54550695994

~ Google Finance: http://www.google.com/finance?q=QXM
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=QXM#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=QXM+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=QXM
Finviz: http://finviz.com/quote.ashx?t=QXM
~ BusyStock: http://busystock.com/i.php?s=QXM&v=2

<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=QXM >>>>>>

http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

pj McMulligan Free

10/06/11 3:26 PM

Post #23

Re: #22: @playinthegame - We should see some action tomorrow on $qxm

QXM on pincher watch down here...

playinthegame Free

07/14/11 7:54 PM

Post #22

Re: #21: @playinthegame - Wow about a year since the last post!

We should see some action tomorrow on $qxm

playinthegame Free

06/29/11 9:14 PM

Post #21

Wow about a year since the last post!

ket1390

07/27/10 6:24 AM

Post #20

QXM broke out here and today over 2.75

http://stocktalking.net/index.php?topic=68.msg160#new

bUrRpPPP!

03/25/10 8:38 AM

Post #19

Re: #18: @bUrRpPPP! - NEWS...Qiao Xing Mobile (QXM) Cancels Proposed 40% Equity

I'm hoping this is good news!

bUrRpPPP!

03/25/10 8:37 AM

Post #18

NEWS...Qiao Xing Mobile (QXM) Cancels Proposed 40% Equity Interest Acquistion in Beijing Eversun Technology

Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM) announced that it will not proceed with the proposed acquisition of the 40% equity interest in Beijing Eversun Technology Co., Ltd. ("Eversun") that was previously announced on December 14, 2009.

"Due to disagreements relating to certain commercial terms between QXM and Eversun, we do not feel that this acquisition will be in the best interests of QXM and its shareholders," said Chairman Zhiyang Wu. "Notwithstanding the decision to call off the acquisition, we will continue to work closely with Eversun to explore business cooperation opportunities in the PRC mobile handset market."

[SM]

Rutvegas

02/09/10 11:57 AM

Post #17

This is starting to look great, any one have a chart please.

mkendra

12/14/09 8:41 AM

Post #16

Acquisition of 40% Equity Interest in Beijing Eversun Technology Co., Ltd.

Dec 14, 2009 08:20:00 (ET)

BEIJING, Dec 14, 2009 /PRNewswire-Asia via COMTEX/ -- Qiao Xing Mobile Communication Co., Ltd. (QXM, Trade ) ("QXM" or the "Company"), a domestic manufacturer of mobile handsets in the People's Republic of China (the "PRC"), today announced that it has entered into an agreement (the "Agreement") to acquire 40% equity interest in Beijing Eversun Technology Co., Ltd. ("Eversun") from two independent third parties (the "Vendors").

Headquartered in Beijing, Eversun is an online and offline retailer of mobile handheld devices in the PRC. Eversun owns and operates an online shopping mall at http://www.TD12580.com that has been designated by various subsidiaries of China Mobile Limited ("China Mobile") to engage in the online retail sale of 3G terminal products in the Guangdong, Henan, Hubei and Shaanxi provinces of the PRC. Such 3G terminal products, which include netbooks and mobile phones from well-known manufacturers such as Lenovo, Hewlett Packard, Dell, Samsung, LG, Motorola and Dopod, are mainly sold with bundled China Mobile's TD-SCDMA services. In addition to online retail sales, Eversun is also currently engaged in the sale of 3G terminal products through a total of 49 retail stores owned by China Mobile in the Henan, Hubei and Shaanxi provinces.

Under the terms of the Agreement, QXM will acquire 40% equity interest in Eversun at a total consideration of RMB475 million, of which RMB400 million will be paid in cash and the balance by issuing new shares of the Company to the Vendors. The acquisition will consist of four tranches, each comprising the acquisition of 10% equity interest in Eversun.

The completion of the first tranche of the acquisition is subject to, amongst other things, satisfactory due diligence to be conducted by the Company and the entering into of a definitive share purchase agreement. The completion of the subsequent three tranches is conditional upon Eversun achieving certain operating and financial targets, including sales network coverage. Upon completion of the four tranches of acquisition, it is expected that QXM will become the largest shareholder of Eversun.

In addition to the RMB475 million purchase consideration, QXM will also pay an additional amount of up to RMB150 million in aggregate to the Vendors in the event that Eversun achieves a successful initial public offering within three years of the completion of the acquisition.

"This acquisition provides us with an excellent opportunity to venture into the lucrative distribution business which can provide the Company with a new opportunity for growth," said Zhiyang Wu, Chairman of the Company. "In addition, we also expect that we will be able to leverage on our relationship with Eversun to improve the sale of our own mobile handset products."

About Qiao Xing Mobile Communication Co., Ltd.

Qiao Xing Mobile Communication Co., Ltd. is a domestic manufacturer of mobile handsets in China. The Company 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., or CECT, its 96.6%-owned subsidiary in China. Through its manufacturing facility in Huizhou, Guangdong Province, China, and two research and development centers in Huizhou and 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 .

mkendra

11/30/09 8:35 AM

Post #15

Qiao Xing Universal Telephone, Inc. Sold Back Senior Convertible Notes Which It Owns in its Subsidiary

Nov 30, 2009 08:00:00 (ET)

HUIZHOU, China, Nov 30, 2009 /PRNewswire-Asia-FirstCall via COMTEX/ -- Qiao Xing Universal Telephone, Inc. (XING, Trade ) (the "Company" or "XING"), an emerging Chinese resources company headquartered in Huizhou, Guangdong Province, China today announced that the Company has sold the 4% Senior Convertible Notes due 2011 (the "Notes") of its subsidiary Qiao Xing Mobile Communication Co., Ltd (QXM, Trade ) (the "Subsidiary"), which it owns, back to the Subsidiary.

The Subsidiary paid the US$30 million aggregate principal amount, plus US$1,790,081 of accrued interest and foreign exchange expenses, to the Company for the Notes. The Company purchased the Notes on March 31, 2009 from DKR SoundShore Oasis Holding Fund Ltd., CEDAR DKR Holding Fund Ltd. and Chestnut Fund Ltd., at a discounted price of US$24 million.

In accordance with the terms of the Notes, the holders of the Notes have the right of optional redemption in November 2009 (the "Early Redemption Date"). XING had intended to hold the Notes until this early Redemption Date and get fixed return on this investment; therefore, it decided to sell them back to its Subsidiary. Furthermore, as the Company is moving quickly with its strategic transition to focus on the resources industry, it may require greater cash reserves for potential acquisitions. XING expects to record a significant gain for this investment.

"The sale is a reflection of our commitment to strategically focus on the resources business. With an over US$31 million cash injection following the transaction, we expect to have increased financial flexibility to pursue new opportunities to make additional acquisitions in the resources industry," commented Mr. Ruilin Wu, Chairman and Chief Executive Officer of XING. "This move also demonstrates our commitment to improve our corporate governance by instituting a simple and independent relationship between XING and QXM."

About Qiao Xing Universal Telephone, Inc.

Qiao Xing Universal Telephone, Inc. is an emerging Chinese resources company headquartered in Huizhou, Guangdong Province, China. The Company was previously one of the leading players of telecommunication terminal products in China, but made the strategic decision to diversify into the resources industry in 2007. In April 2009, the Company acquired 100% equity interest in China Luxuriance Jade Company, Ltd ("CLJC"). CLJC, through its wholly owned Chinese subsidiaries, owns the rights to receive the expected residual returns from Chifeng Haozhou Mining Co., Ltd. ("Haozhou Mining"), a large copper-molybdenum poly-metallic mining company in Inner Mongolia, China. Since then, the Company has further refined its strategy to become a pure resources company and is actively seeking additional acquisition targets in the resources industry while negotiating with potential buyers to divest its indoor phone and lower-end mobile phone business.

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 Universal Telephone, Inc.'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 Universal Telephone, Inc. 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 November 30, 2009.

For more information, please contact:

Company Contact:
Mr. Rick Xiao, Vice President
Email: rick@qiaoxing.com
Tel: +86-752-282-0268

Investor Relations Contact:
Mr. Ed Job, Account Manager
Email: ed.job@ccgir.com
Tel: +1-646-213-1914 (NY office)

mkendra

11/04/09 12:04 PM

Post #14

New 52 week high today at 5.24

mkendra

11/04/09 9:39 AM

Post #13

New 52 week high today at 4.74

Drexion2004 Free

11/03/09 3:04 PM

Post #12

Re: #11: @mkendra - Why buy?

I don't own XING right now.

Bad management, even if it IS trading at almost cash-on-hand.

-Fernando

mkendra

11/03/09 2:53 PM

Post #11

Re: #3: @Drexion2004 - Why would someone buy QXM though? Why not

Why buy?

Himanshu Shah

mkendra

11/03/09 2:37 PM

Post #10

4.47 +0.63 (+16.36%)

mkendra

11/03/09 1:14 PM

Post #9

New 52 week high today at 4.48.

Lets see where it closes..........not overbought yet, and no news is kinda scary.......

mkendra

11/03/09 10:19 AM

Post #8

Re: #7: @mkendra - +0.79 (+25.90%)

+0.47 (+12.24%)

So far, another good day !

#4 for % gainers on NYSE at this time.

mkendra

11/02/09 4:11 PM

Post #7

+0.79 (+25.90%)

Good enough for #2 in NYSE % Gainers for the day.

mkendra

11/02/09 12:11 PM

Post #6

Good day, so far.........bought 400 instead of my planned 100.

#1 so far today on NYSE percent gainers.......

mkendra

11/02/09 6:13 AM

Post #5

Re: #2: @BiotechValues - crappy management though...

Thanks for the input, but can you elaborate?

I'm just starting researching this company and any info would be appreciated. Thanks!.

BiotechValues Free

11/01/09 6:54 PM

Post #4

Re: #3: @Drexion2004 - Why would someone buy QXM though? Why not

Agreed- I'd buy XING here before QXM but am not interested in either.

Drexion2004 Free

11/01/09 6:47 PM

Post #3

Re: #2: @BiotechValues - crappy management though...

Why would someone buy QXM though? Why not buy XING instead, they own like 70% of QXM...hehe.

Granted, management for both kinda sucks...

-Fernando

BiotechValues Free

11/01/09 6:41 PM

Post #2

Re: #1: @mkendra - I just found this company, while looking for

crappy management though...

mkendra

11/01/09 5:57 PM

Post #1

I just found this company, while looking for opportunity outside the U.S.. Buying a little (100 SHARES) Monday.

I GUESS THEY A FAIRLY BIG IN CHINA AND HAVE A LOT OF CASH.

Qiao Xing Mobile Co (fka QXMCF)

Followers	1	Posters	15
Posts (Today)	0	Posts (Total)	33
Created	11/01/09	Type	Free
Moderators

Qiao Xing Mobile Communication Co., Ltd. is a domestic manufacturer of mobile handsets in China. The Company manufactures and sells mobile handsets based primarily on global system for mobile communications (GSM) global cellular technologies. As of December 31, 2008, the Company was in the process of developing third generation (3G) mobile handsets based on the wideband code division multiple access (WCDMA) and time division synchronous code division multiple access (TD-SCDMA) technologies. The Company operates its business primarily through CEC Telecom Co., Ltd. (CECT), its 96.6%-owned subsidiary in China. Its products have been primarily sold under the CECT brand name and it launched the VEVA brand in May 2008. The Company develops, produces and markets a range of mobile handsets, with focus on differentiated products. On March 5, 2009, it incorporated Beijing VEVA Technology Co., Ltd. (BVT) in Beijing, China to engage in the sales of mobile phones and accessories.

Company Contact
Headquarters: 10th Floor CEC Building,
6 Zhongguancun South Street,
100086 Beijing CHINA
Web Address:
http://www.qxmc.com

Investor FAQs

Q. What is Qiao Xing Mobile Communication’s ticker symbol?
A. Qiao Xing Mobile Communication trades under the ticker QXM.

Q. On what market does the shares of Qiao Xing Mobile Communication trade?
A. They trade on the New York Stock Exchange

Q. What is Qiao Xing Mobile Communication’s fiscal year end?
A. Qiao Xing Mobile Communication’s fiscal year ends on December 31.

Q: When and where was Qiao Xing Mobile Communication incorporated?
A: Qiao Xing Mobile Communication was incorporated in the British Virgin Islands as an international business company under the International Business Companies Act on .

Q: What is Qiao Xing Mobile's business?
A: We are one of the leading domestic manufacturers of mobile handsets in China in terms of unit sales volume. We manufacture and sell mobile handsets based primarily on Global System for Mobile Communications, or GSM, global cellular technologies.

Q: How many employees does QXM have?
A: As of December 31, 2008, we had 692 full-time employees.

Q: Where is QXM's corporate headquarters located?
A: QXM's corporate headquarters located in Beijing.

Q: What is VEVA?
A: QXM introduced the VEVA series mobile phones in 2008 and began to open its own retail stores to target the mid income consumers in major cities throughout China.

Q: Will QXM buy back stocks?
A: Yes. We have announced up to USD 20 million worth of stock repurchase.

Q: How was the EPS of Q4 2009 calculated?
A: Basic EPS was calculated using the Two-Class Method by dividing net income available to common stockholders of RMB44.1 million by the weighted average number of shares outstanding during Q4 2008 of 47.6 million shares. Net income available to common stockholders is arrived at by lessing income attributable to participating convertible notes of approximately RMB12.2 million from the Group’s net income of RMB56.3 million. All common shares equivalents outstanding during Q4 2008 were anti-dilutive and according, diluted EPS was equal to basic EPS.

Q: Will QXM redeem the convertible bond?
A: The Company has made plan to redeem the convertible bond within 2009.

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