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.