Qiao Xing Mobile Announces Filing 2008 Annual Report on Form 20-F with the SEC

BEIJING, June 30 /PRNewswire-Asia-FirstCall/ -- Qiao Xing Mobile
Communication Co., Ltd. (''Qiao Xing Mobile'' or ''the Company'') (NYSE: QXM),
a domestic manufacturer of mobile handsets in China, today announced that it
has filed its annual report on Form 20-F for the year ended December 31, 2008
with the Securities and Exchange Commission on June 30, 2009. The annual
report can be accessed on the Company's investor relations website at
http://www.qxmc.com . Qiao Xing Mobile will provide a hard copy of the annual
report on Form 20-F for the year ended December 31, 2008, which contains its
audited consolidated financial statements, free of charge, to its shareholders
upon request. Requests should be directed in writing to
Qiao Xing Mobile Communication Co., Ltd.
10th Floor CEC Building
6 Zhongguancun South Street
Beijing 100086, People's Republic of China.

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 GSM, TD-SCDMA and WCDMA standards. It operates its business
primarily through CEC Telecom Co., Ltd., or CECT, its 96.6%-owned subsidiary
in China. In 2008, Qiao Xing Mobile introduced the VEVA series of mobile
phones and began to open its own retail stores to target mid-income consumers
in major cities throughout 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 generate higher profit margins. 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 Qiao Xing Mobile'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 Mobile 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 June 30, 2009, and Qiao Xing Mobile undertakes no duty to update such
information, except as required under applicable law.
For further information, contact:

Ms. Shi Heng
Qiao Xing Mobile Communication Co., Ltd.
Tel: +86-10-8219-3706
Email: shiheng@cectelecom.com

SOURCE Qiao Xing Mobile Communication Co., Ltd.

Ms. Shi Heng of Qiao Xing Mobile Communication Co., Ltd., +86-10-8219-3706, or
shiheng@cectelecom.com