BEIJING, Dec. 12, 2011 /PRNewswire-Asia-FirstCall/ -- Qiao
Xing Mobile Communication Co., Ltd. ("QXM" or the "Company") (NYSE:
QXM), a domestic manufacturer of mobile handsets in China, announced today that Crowe Horwath (HK) CPA Limited was appointed by
the Company as its new independent auditor. The decision to engage
Crowe Horwath (HK) CPA Limited was
approved by the board of directors on December 12, 2011.
About Qiao Xing Mobile Communication Co., Ltd.
Qiao Xing Mobile Communication Co., Ltd. is a domestic
manufacturer of mobile handsets in China. QXM 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., its 96.6%-owned subsidiary in China. Through its manufacturing facility in
Huizhou, Guangdong Province, China, and its research and development center
in Beijing, the Company develops,
produces and markets a wide range of mobile handsets. 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 QXM'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. QXM does not undertake any obligation to update any
forward-looking statement, except as required under applicable
laws. All information provided in this press release is as of
December 12, 2011, and QXM undertakes
no duty to update such information, except as required under
applicable laws.
For further information, contact:
Lucy Wang, Vice President
Qiao Xing Mobile Communication Co., Ltd.
Tel: (8610) 57315638
E-mail: wangjinglu@cectelecom.com
SOURCE Qiao Xing Mobile Communication Co., Ltd.