The story
Cosun Group was incorporated in April 1992 as a traditional fixed-line telephone maker in China. Headquartered in Huizhou, the company has two US-listed arms: Qiao Xing Mobile Communication and Qiao Xing Universal Telephone, Inc. (Nasdaq: XING).
In March 2002, Cosun Group spent CNY 316 million acquiring CECT.
From Wikipedia’s article on Qiao Xing, shared under CC BY-SA 4.0.3
