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
Commission File Number: 333-147086-01
TONGXIN INTERNATIONAL LTD.
_____________________________________________________________________
(Translation of Registrant's Name into English)
199 Pierce Street,Suite 202
Birmingham, Michigan 48009
_____________________________________________________________________
(Address of Principal Executive Office)
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 [X] Form 40-F [ ]
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): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper
of a Form 6-K if submitted solely to provide an attached annual report to
security holders.
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): ____
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper
of a Form 6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the
laws of the jurisdiction in which the registrant is incorporated, domiciled
or legally organized (the registrant's "home country"), or under the rules
of the home country exchange on which the registrant's securities are traded,
as long as the report or other document is not a press release, is not
required to be and has not been distributed to the registrant's security
holders, and, if discussing a material event, has already been the subject
of a Form 6-K submission or other Commission filing on EDGAR.
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 [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):
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This form 6-K consists of the following exhibits attahced hereto:
1. Press release dated November 3, 2009, relating to Tongxin International
Ltd.Receives Conditional Recognition as a New and High Technology
Enterprise in China.
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Signatures
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, thereunto duly authorized.
TONGXIN INTERNATIONAL LTD.
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(Registrant)
By: /s/ Rudy Wilson
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Name: Rudy Wilson
Title: Chairman of the Board
and Chief Executive Officer
/s/ Jackie Chang
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Name: Jackie Chang
Title: Chief Financial Officer
Date: November 3, 2009
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EXHIBIT
Exhibit Number Description
1. Press release dated November 3, 2009, relating to Tongxin International
Ltd.Receives Conditional Recognition as a New and High Technology
Enterprise in China.
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Tongxin International Ltd. Receives Conditional Recognition as a New
and High Technology Enterprise in China
Company enters into a 15-day waiting period prior to formal recognition;
status leads to reduction of income tax rate to 15% for a three-year
period.
CHANGSHA, China, Nov. 3 /PRNewswire-Asia-FirstCall/--Tongxin International
Ltd. (Nasdaq: TXIC), a China-based manufacturer of engineered vehicle body
structures ("EVBS") and stamped parts for the commercial automotive
industry, today announced it has received provisional approval for a
reduction in the Company's tax rate from the city of Changsha and the
Hunan Province as a New and High Technology Enterprise in China.
As a condition of the approval, Tongxin International has entered into a
15-day waiting day period before formal recognition as a New and High
Technology Enterprise in the Hunan Province. Tongxin received notification
of their conditional status on October 29, 2009. So as long as their
application is not challenged during the waiting period, Tongxin's
enterprise tax rate will reduce to 15% from its current 25% tax rate for
a three-year period beginning January 1, 2009 and ending December 31,2011.
About Tongxin International Ltd.
Tongxin International Ltd., the largest independent supplier of EVBS in
China, is capable of providing EVBS for both the commercial truck and
light vehicle market segments. The Company also designs, fabricates and
tests dies used in the vehicle body structure manufacturing process. EVBS
consists of exterior body panels including doors, floor pans, hoods, side
panels and fenders. Tongxin maintains a network of 130 customers
throughout 20 provinces in China. Headquartered in Changsha, Tongxin also
maintains regional manufacturing in Dali, Ziyang and Zhucheng.
FORWARD LOOKING STATEMENTS
Statements contained in this press release, which are not historical fact,
constitute "Forward-Looking Statements." Actual results may differ
materially due to numerous important factors that are described in Tongxin
International's most recent report to the SEC on Form 6-K, which may be
revised or supplemented in subsequent reports to the SEC. Such factors
include, among others, the cost and timing of implementing restructuring
actions, the Company's ability to
generate cost savings or manufacturing efficiencies to offset or exceed
contractually or competitively required price reductions or price
reductions to obtain new business, conditions in the automotive industry,
and certain global and regional economic conditions. Tongxin International
does not intend or assume any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this press
release.
For more information, please contact:
COMPANY:
Mr. Rudy Wilson, CEO
Tel: +1-248-593-8330
Email: rudy@txicint.com
Ms. Jackie Chang, CFO
Tel: +1-626-660-7117
China: +86-134-6755-3808
Email: jackie@txicint.com
Web: http://www.txicint.com
INVESTOR RELATIONS:
John Mattio, SVP
HC International, Inc.
Tel: +1-203-616-5144 (U.S.)
Email: john.mattio@hcinternational.net
Web: http://www.hcinternational.net
SOURCE Tongxin International Ltd.