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Created: 11/01/2009 05:53:19 PM - Followers: 1 - Board type: Free - Posts Today: 0

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:


 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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#33 Regarding your QXM shares:Contact gladpick 03/08/2015 07:06:01 PM
#32 sorry, go here: Fuyouren 07/28/2013 09:00:56 PM
#31 I still have 18,000 shares, do a google Fuyouren 07/28/2013 08:57:01 PM
#30 Any news for QXM, I still have 300 happy5858 05/14/2013 06:36:46 PM
#29 I am still short 13895 shares of QXMCF WhoCares9 02/11/2013 04:23:13 PM
#28 QXMCF revoked: Renee 08/23/2012 09:38:59 AM
#27 QXMCF: SEC Suspension: Renee 07/05/2012 11:13:52 AM
#26 NYSE Suspends Trading In Qiao Xing Mobile Communication, cintrix 05/17/2012 04:22:20 PM
#25 <<< $QXM Links! >>> ~ MAC's Quick DD Penny Roger$ 04/13/2012 05:29:17 AM
#24 ~ Friday! $QXM ~ Q1 Earnings posted, pending Penny Roger$ 04/13/2012 05:28:52 AM
#23 QXM on pincher watch down here... pj McMulligan 10/06/2011 03:26:42 PM
#22 We should see some action tomorrow on $qxm playinthegame 07/14/2011 07:54:54 PM
#21 Wow about a year since the last post! playinthegame 06/29/2011 09:14:38 PM
#20 QXM broke out here and today over 2.75 ket1390 07/27/2010 06:24:19 AM
#19 I'm hoping this is good news! bUrRpPPP! 03/25/2010 08:38:02 AM
#18 NEWS...Qiao Xing Mobile (QXM) Cancels Proposed 40% Equity bUrRpPPP! 03/25/2010 08:37:41 AM
#17 This is starting to look great, any one Rutvegas 02/09/2010 11:57:31 AM
#16 Acquisition of 40% Equity Interest in Beijing Eversun mkendra 12/14/2009 08:41:55 AM
#15 Qiao Xing Universal Telephone, Inc. Sold Back Senior mkendra 11/30/2009 08:35:36 AM
#14 New 52 week high today at 5.24 mkendra 11/04/2009 12:04:26 PM
#13 New 52 week high today at 4.74 mkendra 11/04/2009 09:39:20 AM
#12 I don't own XING right now. Drexion2004 11/03/2009 03:04:39 PM
#11 Why buy? mkendra 11/03/2009 02:53:38 PM
#10 4.47 +0.63 (+16.36%) mkendra 11/03/2009 02:37:55 PM
#9 New 52 week high today at 4.48. mkendra 11/03/2009 01:14:26 PM
#8 +0.47 (+12.24%) mkendra 11/03/2009 10:19:26 AM
#7 +0.79 (+25.90%) mkendra 11/02/2009 04:11:24 PM
#6 Good day, so far.........bought 400 instead of my mkendra 11/02/2009 12:11:35 PM
#5 Thanks for the input, but can you elaborate? mkendra 11/02/2009 06:13:02 AM
#4 Agreed- I'd buy XING here before QXM but BiotechValues 11/01/2009 06:54:40 PM
#3 Why would someone buy QXM though? Why not Drexion2004 11/01/2009 06:47:04 PM
#2 crappy management though... BiotechValues 11/01/2009 06:41:53 PM
#1 I just found this company, while looking for mkendra 11/01/2009 05:57:17 PM
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