-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IET/7Nsd5KcINz55hqkd//GpuP9VFaTF0/eFMoMqUMTmbUlF/64Mz5DSgAXLClKa qnUfx/oNjbT2p0fSkAHqVw== 0001035704-04-000672.txt : 20041108 0001035704-04-000672.hdr.sgml : 20041108 20041108160517 ACCESSION NUMBER: 0001035704-04-000672 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041108 FILED AS OF DATE: 20041108 DATE AS OF CHANGE: 20041108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QIAO XING UNIVERSAL TELEPHONE INC CENTRAL INDEX KEY: 0001051846 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-29946 FILM NUMBER: 041125885 BUSINESS ADDRESS: STREET 1: QIAO XING BUILDING WU SHI INDUSTRIAL ZON STREET 2: 011-86-752-2808188 CITY: HUIZHOU CITY GUANG D STATE: F4 ZIP: 80111 MAIL ADDRESS: STREET 1: WU SHI INDUSTRIAL ZONE STREET 2: HUIZHOU CITY GUANGDONG PEOPLES REP OF CH 6-K 1 d19968e6vk.htm FORM 6-K e6vk
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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of November 2004

Commission File Number 0-29946


Qiao Xing Universal Telephone, Inc.
(Translation of registrant's name into English)
 
Qiao Xing Science Industrial Park
Tang Quan
Huizhou City, Guangdong, People's Republic of China 516023
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  X  Form 40-F      

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes       No  X 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________


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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

         
    Qiao Xing Universal Telephone, Inc.
(Registrant)
 
Date: November 8, 2004   By:   /s/ RUI LIN WU

RUI LIN WU,
Chairman


Signatures
EXHIBIT INDEX
Press Release


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EXHIBIT INDEX

     
Exhibit No.   Description

 
99.1   Press Release

EX-99.1 2 d19968exv99w1.htm PRESS RELEASE exv99w1

 

Exhibit 99.1

Qiao Xing Universal Announces Sales of Fixed Wireless Phones Poised to Increase Sharply Due
to Arrangements with Mobile Communication Solution Providers

     HUIZHOU, Guangdong, China, Nov. 8 /Xinhua-PRNewswire/ — Qiao Xing Universal Telephone, Inc. (Nasdaq: XING) announced today that the sales of fixed wireless phones products are poised to increase sharply, thanks to arrangements recently made by its subsidiary Hui Zhou Qiao Xing Communication Industry Limited (“HZQXCI”) with a number of mobile communication solution providers who work closely with mobile network operators in China.

     Wu Rui Lin, Chairman of XING, said, “Since the launch of fixed wireless phone products in the spring of 2003, we have worked tirelessly to improve quality and to reduce costs. Fruitful results from these efforts have been recognized by China Unicom and China Mobile, who now number us among their major suppliers for these products.

     “While the unit price of a fixed wireless phone and that of a low-end mobile phone are about the same, the unit gross profit of the former is much higher. As the arrangements with mobile communication solution providers are turning successfully into actual sales, the revenue for these fixed wireless phone products could be as high as US$50 million for the next twelve months.”

About Fixed Wireless Phones

     Fixed wireless phones are physically designed like conventional land-line phones and plug into a wall outlet for power. However, rather than a landline connection they include a cellular radio for connecting to a cell tower. That allows for more in-house portability, as well as far greater ease of installation, especially in areas with dense buildings, public telephones pavilions and less developed and rural areas which do not yet have an extensive landline infrastructure, as still in many parts of today’s China. The service charge rate for fixed wireless phones is comparable to that of land-line phones.

SOURCE Qiao Xing Universal Telephone, Inc.

-0-                         11/08/2004
/CONTACT: Rick Xiao of Qiao Xing Universal Telephone, +86-752-282-0268,
or rickxiao@qiaoxing.com /
/Web Site: http://www.cosun-xing.com /
(XING)

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