<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of November, 1999
Qiao Xing Universal Telephone, Inc.
--------------------------------------
(Translation of registrant's name into English)
Qiao Xing Building, Wu Shi Industrial Zone
Huizhou City, Guangdong, People's Republic of China
---------------------------------------------------
(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
----- -----
[Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No X
----- -----
[If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- .
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Qiao Xing Universal Telephone, Inc.
-----------------------------------
(Registrant)
Date: November 23, 1999 By: /s/ Rui Lin Wu
----------------- -------------------------------
Rui Lin Wu, Chairman
<PAGE>
Mr. Jeff J.F. Feng Ruth Shaer/Eugene Heller
Assistant to Chairman Silverman Heller Associates
Qiao Xing Universal Telephone, Inc. 1100 Glendon Avenue, PH-1
Huizhou, Guangdong, P.R.C. Los Angeles, CA 90024-5305
http:\\www.qiaoxing.com Tel: (310) 208-2550
E-mail: [email protected] Fax: (310) 208-0931
------------------------ E-mail: [email protected]
Tel: (011) 86-752-2808-188
Fax: (011) 86-752-2803-101
QIAO XING UNIVERSAL TELEPHONE ANNOUNCES COMPLETION OF
THE FIRST DIGITAL CORDLESS PHONE TO DISPLAY CALLER ID AND
OTHER FUNCTIONS IN CHINESE
GUANGDONG, CHINA (November 23, 1999) -- Qiao Xing Universal Telephone, Inc.
(NASDAQ NMS: XING) today announced that it has completed development of the
DCT1920, the first digital cordless phone in the world to display caller ID and
other functions in Chinese. The Company describes the new phone as "superthin"
with dimensions of 1.5cm.
While most Asian factories producing digital cordless phones purchase radio
frequency modules from Europe, the U.S. and Japan, Qiao Xing is the only Company
with the capability of developing and manufacturing radio frequency modules in
China.
The Company's technology, including the relevant baseband chip software, allows
Qiao Xing to be price-competitive as well as provide superior voice quality,
extended communication range, enhanced security, handset-to-handset intercom
capabilities, and improved interference immunity. In addition, the Company's
high frequency, integrated circuit, advanced radio frequency technique and
modulation-free system provides a level of quality that satisfies most
countries' industry standards.
Qiao Xing plans to rollout the DCT1920 in China by January 2000 and in Europe by
the first quarter of 2000. The Company believes that the DCT1920 could
eventually replace the analog cordless phones, the prevailing method of
communication in China, as well as compete in the worldwide market.
In recent months, several influential Chinese periodicals have reported on Qiao
Xing's technology including: Xinghua News, People's Daily, Economic Daily and
Science & Technology Daily.
This press release contains "forward-looking statements" regarding future
revenues and operating information and their impact on future results. Such
forward-looking information involves important risks and uncertainties that
could significantly affect anticipated results in the future and, accordingly,
actual results may differ materially from those expressed in any forward-looking
statements made by or on behalf of the Company. These risks and uncertainties
include, but are not limited to, those relating to economic, political, legal
and social conditions in the People's Republic of China, dependence upon key
management personnel, competition, material factors relating to the operations
of the business, and domestic and global general economic conditions.
# # # #
