Qiao Xing Universal Resources, Inc. (NASDAQ: XING)
Huizhou, Guangdong 516023, China Phone: +86-752-282-0268
Fax: +86-752-282-0298
http://www.cosun-xing.com
Overview
Holding company Qiao Xing Universal Resources put its budget mobile phone business on hold to become a mining company. In 2009 it bought China Luxuriance Jade Company for $110 million in cash and stock and sold low-end mobile phone manufacturer Qiao Xing Communications for $11 million. China Jade holds interests in Chifeng Haozhou Mining Company, a molybdenum mining company in Mongolia. The Haozhou mine, located north of Beijing, has about 31,000 tons of molybdenum reserves. Qiao Xing Universal Resources still controls Qing Xing Mobile Communications, which makes high-end cell phones, and in 2010 offered to acquire the balance of its stock. Chairman and CEO Rui Lin Wu controls more than 40% of the company.
Key Numbers from Hoover's UK
Key financials for Qiao Xing Universal Resources, Inc. (NASDAQ: XING)
| Company Type | Public (NASDAQ: XING) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £113.0 |
| 1-Year Sales Growth | (34.6%) |
| 2010 Net Income (mil.) | (£5.4) |
| 2010 Employees | 457 |
| 1-Year Employee Growth | (41.0%) |
Key People from Hoover's UK
Key people and executives for Qiao Xing Universal Resources, Inc. (NASDAQ: XING)
| Chairman and CEO | Rui Lin Wu (Subscribers see complete biographies -- view sample)
|
|---|---|
| CFO | Aijun Jiang |
Top Competitors from Hoover's UK
Top competitors of Qiao Xing Universal Resources, Inc. (NASDAQ: XING)
There are 8 competitors for Qiao Xing; see more.Industry Information from Hoover's UK
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Hoover's Industries
- Metals & Mining(primary)
Subsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Qiao Xing Universal Resources, Inc. (NASDAQ: XING)
