Qiao Xing Universal Telephone (NASDAQ: XING) announced that its subsidiary, Huizhou Qiao Xing Communication Industry Ltd, has recently engaged Dastran S.A., a Uruguay-based marketing company, as its exclusive distribution agent for the sales of its China-made indoor electronics and phone products in Latin American countries.
By virtue of this engagement, Dastran, as well as its affiliates, is licensed to market Huizhou Qiao Xing Communication Industry's series of indoor phone products under the "COSUN" brand name in most of the Latin American countries.
Mr. Wu Rui Lin, Chairman of Qiao Xing, said, "The partnership with Dastran marks an important stage in Qiao Xing's product-market development. The Company started with original equipment design and manufacturing of indoor phones. Then we had our own 'COSUN' branded products for the China market."