Qiao Xing Mobile Communication Co., Ltd. Announces the Change of Its Independent Registered Public Accounting Firm

BEIJING, Jan. 19 /PRNewswire-Asia-FirstCall/ — Qiao Xing Mobile
Communication Co., Ltd. (“Qiao Xing Mobile” or “the Company”) (NYSE: QXM), one
of China’s leading manufacturers of mobile handsets, today announced that on
January 8, 2009, it was notified that effective December 8, 2008, the
personnel of Grobstein Horwath & Company LLP (“GHC”) had joined with Crowe
Horwath LLP (“Crowe”), resulting in the resignation of GHC as the independent
registered public accounting firm for the Company. Crowe was appointed by the
Company as its new independent registered public accounting firm. The
decision to engage Crowe was approved by the board of directors on January 12,
2009.

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 names. 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.

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 January 19, 2009, and Qiao Xing Mobile undertakes no duty to
update such information, except as required under applicable law.

    For more information, please contact:

     Ma Tao
     Qiao Xing Mobile Communication Co., Ltd.
     Tel:   +86-10-8219-3706
     Email: matao@cectelecom.com

SOURCE Qiao Xing Mobile Communication Co., Ltd.