Qiao Xing Universal: New Corporate Website

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Qiao Xing Universal Resources, Inc. (Nasdaq: XING, the "Company" or "XING"), one of the leading players in the molybdenum-mining business with meaningful size in the resources industry, today announced the launch of its new website, which can be found at http://www.cosun-xing.com/.

The new site reflects the Company's focus on the molybdenum-mining business as well as its growing scale in the resources industry. The new site provides a comprehensive overview of XING's resources operations, as well as an extensive gallery of photos of its molybdenum and lead-zinc-copper mining operating businesses. In addition, the new site provides the most up-to-date corporate profile and investor presentation as well as a dedicated section focused on the newly acquired Aolunhua Copper-molybdenum Mine, one of the largest open-pit molybdenum mines in Asia.

"We are excited to launch our new website which has been designed to better serve investors, customers, shareholders and the public," commented Mr. Ruilin Wu, the Company's Chairman and Chief Executive Officer. "The new website outlines the progress we have made in the execution of our strategy to grow our resources business, and it reflects our commitment to increasing corporate transparency and to creating long-term value for all our stakeholders."