- Filing of certain prospectuses and communications in connection with business combination transactions (425)
21 Septembre 2010 - 10:50PM
Edgar (US Regulatory)
Filing under Rule 425 under
the Securities Act of 1933
Filing by: Qiao Xing Universal Resources, Inc.
Subject Company: Qiao Xing Mobile Communication Co., Ltd
SEC File No. of Qiao Xing Mobile Communication Co., Ltd: 001-33430
EXPLANATORY NOTE
Exhibit 99.1 of our Report on Form 6-K dated September 13, 2010 is being amended by this
Amended Report on Form 6-K/A dated September 13, 2010 solely for the purpose of replacing prior
Slide No. 10 with the amended Slide No. 10 in order to present the correct photograph of our
Molybdenum Processing Plant in Chifeng Inner Mongolia. Due to an administrative error, an
incorrect photograph was previously presented. No other Slides in the Power Point Presentation
have been amended.
1
Owns license to explore a mine covering 53.9 km2 ,
where 32.3 km2 have proven reserves of 30,985 tons
of Molybdenum; the remaining 21.6 km remain
unexplored, but likely to contain additional reserves of
copper-molybdenum and other metals.
Mine is located approximately 745 km northeast of
Beijing, with well-developed highway and railway
systems as well as established power lines, water
supply & recycling system
Existing production facility has capacity to produce
3,900 tons of molybdenum concentrate per annum
Molybdenum Assets
Molybdenum Processing Plant in Chifeng - Inner Mongolia
Management expects the Molybdenum plant to
generate net profit of US$24 million in fiscal year of
2011, at current prices and exchange rate.
Capacity Expansion -Tons Molybdenum concentrate
Cash Cost @ $4.36 per pound of molybdenum metal
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