Tongxin International, Ltd. announced unaudited consolidated preliminary financial results for the year ended December 31, 2011. The company reported total revenues for the year ended December 31, 2011 of $101.8 million, compared to $104.7 million of total revenues which were previously reported (unaudited) for the year ended December 31, 2010. Such decrease in total revenues reflects the reduction of original equipment manufacturer production of mini and light commercial vehicles.

This, however, is somewhat offset by the increase in Hunan Tongxin's (HNTX) production of cabs for medium-duty commercial vehicles. The revenue decline was also partially offset by increased revenue from higher value added products, such as painted and fully-finished cabs. The company believes that a major factor affecting the production of cabs was the Chinese governmental actions tightening monetary policy.

The Company also believes that the decrease in its total revenue reflects slower economic growth in China in 2011 and reduced credit availability for the purchase of commercial vehicles in China. Operating loss was $5,414,000 compared with $9,366,000 for the same period a year ago. Loss before income taxes was $7,198,000 compared with $36,064,000 for the same period a year ago.

Net loss was $7,542,000 compared with $36,488,000 for the same period a year ago.