Qiao Xing Universal Resources Inc. (fka XINGF)

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XING UNIVERSAL RESOURCE (NASDAQ:XING) - Qiao Xing Universal Resources, Inc. operates primarily in the molybdenum-mining industry. It focuses on mining and processing rare metal ores and various base-metal ores, including molybdenum, copper, lead, and zinc. The company owns a 100% equity interest in Balinzuo Banner Xinyuan Mining Co., Ltd., which owns a lead-zinc mine in Balinzuo Banner in the Inner Mongolia Autonomous Region of the Peoples Republic of China. It also owns a 34.53% equity interest in Chifeng Aolunhua Mining Co., Ltd, as well as the right to receive 100% of the expected residual returns from Chifeng Haozhou Mining Co., Ltd. that owns interest in the Erdaoyingzi molybdenum mining property in China. The company was formerly known as Qiao Xing Universal Telephone, Inc. and changed its name to Qiao Xing Universal Resources, Inc. on May 26, 2010. Qiao Xing Universal Resources, Inc. was founded in 1992 and is headquartered in Huizhou, China.