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Qiao Xing Mobile Joins the Global Virtual Investor Forum Hosted by NYSE

BEIJING, Dec. 9 /PRNewswire-Asia-FirstCall/ -- Qiao Xing Mobile Communication Co., Ltd. ("Qiao Xing Mobile" or "the Company") (NYSE: QXM), one of China's leading domestic manufacturers of mobile handsets, through its subsidiary CEC Telecom Co., Ltd. ("CECT"), today announced that Qiao Xing Mobile will join the Global Virtual Investor Forum: Entrepreneurial Companies Behind China's Growth Story, hosted by NYSE at 11:00am (EST) on Tuesday December 9th. The forum is accessible via http://www.nyse.com/vif .

About Qiao Xing Mobile Communication Co., Ltd.:

Qiao Xing Mobile Communication Co., Ltd. is one of the leading domestic manufacturers of mobile handsets in China in terms of unit sales volume. The Company manufactures and sells mobile handsets based primarily on Global System for Mobile Communications, or GSM, global cellular technologies. It operates its business primarily through CEC Telecom Co., Ltd., or CECT, its 96.6%-owned subsidiary in China. Currently, all of its products are sold under the "CECT" and "VEVA" brand name. Through its manufacturing facility in Huizhou, Guangdong Province, China, and two research and development centers in Huizhou and in 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 .

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 December 9, 2008, and Qiao Xing Mobile undertakes no duty to update such information, except as required under applicable law.

For further information, please contact:

Ma Tao

Qiao Xing Mobile Communication Co., Ltd.

Tel: +86-10-8219-3706

Email: matao@qxmc.com

Source: Qiao Xing Mobile Communication Co., Ltd.
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