Qiao Xing Universal Telephone, Inc announced today that CECT, its subsidiary engaging in mobile phones manufacturing and distribution, has signed a contract with Beijing Jia Sheng Rui Tong (JSRT) appointing JSRT as the chief distributor of CECT's new T688 model mobile phones in China.

According to the agreement, JSRT is to underwrite the sale of 500,000 sets of T688 models within a five-month period.

The T688 model is embedded with handwriting recognition technology, which is only available in mobile phones produced by brands such as Nokia and CECT. At a retail price of about US$241 (CNY2000) per set, the T688 is less expensive than other comparable products and is well received among the working and business population, therefore making it very competitive in the market.