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Xcelmobility Inc (XCLL)

Xcelmobility Inc (XCLL)
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XcelMobility Inc was incorporated under the laws of the State of Nevada on December 27, 2007. On July 5, 2011, it entered into a voluntary share exchange agreement with Shenzhen CC Power Corporation, a company organized under the laws of the People's Republic of China ('CC Power'), CC Mobility Limited, a company organized under the laws of Hong Kong ('CC Mobility') and the shareholders of CC Mobility. Through CC Mobility and CC Power, the Company is engaged in developing and marketing mobile applications for mobile devices that utilize cellular networks to connect to the Internet and hardware/software products to increase the speed of Virtual Private Networks. The Company's main competitors in China for high speed data services and products are: I-accele Corporation, UC Web, and Onayo. It is subject to laws and regulations governing its relationship with its employees, including: wage and hour requirements, working and safety conditions, citizenship requirements, work permits and travel restrictions.
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