China Linen Textile Industry Ltd. to Present at the Rodman & Renshaw Annual China Investment Conference to be Held March 6-8

HARBIN, China, Feb. 28, 2011 /PRNewswire-Asia-FirstCall/ -- China Linen Textile Industry, Ltd. (OTC Bulletin Board: CTXIF) ("China Linen" or the "Company"), a  China-based producer of linen yarn and fabric, today announced that that it will present at the Rodman & Renshaw Annual China Investment Conference, to be held March 6-8, 2011, at the Le Royal Meridien Shanghai Hotel in Shanghai, China. Ms. Jodie Zheng Wehner, CFO, will present on behalf of the Company on Monday, March 7, 2011, at 3:40 pm. Company management will also participate in one-on-one meetings with analysts and investors.

Conference participation is by invitation only and registration is mandatory. For more information on the conference, contact your Rodman & Renshaw representative.

About Rodman & Renshaw Capital Group, Inc.

Rodman & Renshaw Capital Group, Inc., through its principal subsidiary, Rodman & Renshaw, LLC, provides investment banking services to public and private companies operating in the life science/healthcare, energy, metals/mining, financial services, and cleantech sectors in the United States and China. It offers corporate finance in a range of financing alternatives, including private placements, private investments in public equity, registered direct offerings, and underwritten public offerings. The company also provides strategic advisory services on a range of transactions comprising mergers, acquisitions, and asset sales, as well as provides sales and trading, and equity research services. In addition, it designs investment conferences that bring together companies, institutional investors, business development executives, and experts. Further, the company makes principal investments in early-stage biotechnology and life sciences companies. Rodman & Renshaw Capital Group, Inc. was founded in 2002 and is headquartered in New York, New York.  For additional information on Rodman & Renshaw Capital Group, Inc., and the Annual China Investment Conference, please visit http://www.rodmanandrenshaw.com.

About China Linen Textile Industry, Ltd.

China Linen Textile Industry, Ltd. (http://www.chinalinen.cc) is principally engaged in the production and sale of linen yarn and various types of linen fabric. The Company is also involved in consultation and R&D related to linen technology and linen products. The Company carries on all of its business activities through its subsidiary, Heilongjiang Lanxi Sunrise Linen Textile Industry Co., Ltd. ("Lanxi Sunrise"), established in June 2002 and located in Lanxi County, the "Homeland of Flax in China," near Harbin City in China. Lanxi Sunrise has one yarn-spinning factory, one bleaching factory and two fabric weaving factories in its 35,120 square meters of building area with a staff of 1,400 and 430 sets of world-class, advanced production machinery. Annual production capacity totals approximately 2,220 tons with 50 different types of yarn and 10 million meters of fabric with 110 types. Approximately 50 percent of its products are exported to more than 10 countries.

Forward-looking statements:

The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.

SOURCE China Linen Textile Industry, Ltd.

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