- Report of Foreign Issuer (6-K)
08 September 2010 - 10:20PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2010
Commission File Number: 0-29946
Qiao Xing Universal Resources, Inc.
(Translation of registrants name into English)
Qiao Xing Science Industrial Park
Tang Quan
Huizhou City, Guangdong, Peoples Republic of China 516023
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Form 20-F
þ
Form 40-F
o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):
o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):
o
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
o
No
þ
If Yes is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82-______________.
TABLE OF CONTENTS
1. Other Information
Qiao Xing
Universal Resources, Inc. (the Company or XING) announced today that it has proposed to acquire
all outstanding shares of Qiao Xing Mobile Communication Co., Ltd
(NYSE:QXM, or QXMC) that it
does not currently own, by way of a Scheme of Arrangement (the Proposed Offer) under British
Virgin Islands law. The Proposed Offer, if completed, will result in QXMC becoming a privately-held
company. The Company currently owns approximately 61.1% of QXMCs outstanding shares.
XING has proposed to issue 1.9 shares of its common stock plus US$0.80 in cash per share to
shareholders of QXMC other than XING. The Company described the Proposed Offer in a letter dated
September 8, 2010, addressed to a special committee of the board of directors of QXMC comprised of
directors who are independent under the rules of the New York Stock Exchange and are not affiliated
with the Company (the Special Committee). The Company also issued a press release on September
8, 2010 describing the Proposed Offer. Copies of the press release and letter to the Special
Committee are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated
herein by reference.
2. Exhibits
The Exhibit Index attached hereto is hereby incorporated by reference to this Item.
(b)
EXHIBIT INDEX
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Exhibit
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Number
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Exhibit Title
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99.1
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Press Release, dated September 8, 2010
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99.2
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Letter of intent to purchase outstanding shares of Qiao Xing
Mobile Communication Co., LTD, dated September 8, 2010
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2
SIGNATURE
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 hereunto duly authorized.
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Dated: September 8, 2010
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Qiao Xing Universal Resources, Inc.
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By:
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/s/ Rui Lin Wu
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Name:
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Rui Lin Wu
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Title:
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Chairman
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3
EXHIBIT INDEX
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Exhibit
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Number
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Exhibit Title
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99.1
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Press Release, dated September 8, 2010
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99.2
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Letter of intent to purchase outstanding shares of Qiao Xing
Mobile Communication Co., LTD, dated September 8, 2010
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