| | Business Summary | | Qiao
Xing
Universal
Telephone
Inc.
is
principally
engaged
in
the
design,
manufacture
and
sale
of
telecommunication
terminals
and
equipment
in
the
PRC
(People's
Republic
of
China),
including
primarily
corded
and
cordless
telephone
sets
under
the
trademark
of
"Qiao
Xing".
According
to
the
National
Statistic
Bureau
of
the
China
Technology
Progress
Information
Center,
the
Company
was
the
largest
telephone
manufacturer
by
sales
volume
in
the
PRC
in
1999.
In
2000,
with
a
sale
increase
of
0.67
million,
the
Company
ranked
as
the
second
largest
telephone
manufacturer. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | XING
is
engaged
in
the
manufacturing
and
sales
of
telecommunications
terminals
and
equipment,
including
corded
and
cordless
telephone
sets,
in
China.
For
the
fiscal
year
ended
12/31/00,
net
sales
increased
2%
to
RMB392.5
million.
Net
income
decreased
53%
to
RMB23.5
million.
Net
sales
reflect
a
growing
number
of
telephone
subscribers.
Net
income
was
offset
by
the
inclusion
of
a
RMB9.6
million
amortization
of
debt
issuance
charge
and
a
RMB7.6
million
amortization
of
discount
charge. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Rui Lin Wu, 48 | Chairman
and CEO | | Zhi Yang Wu, 27 | Vice
Chairman and Sec. | | Jie Shi, 32 | CFO
and Controller of Fin. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/x/xing.gif)