China Advanced Construction Materials Group Awarded New High-Speed Railway Contract

BEIJING,, March 2 /PRNewswire-FirstCall/ -- China Advanced Construction Materials Group, Inc. (Nasdaq: CADC), ("China ACM", or the "Company") a leading provider of ready-mix concrete in China, today announced that it has been awarded a new contract totaling $1.55 million for its ready-mix concrete services for one section of the PanJin to YingKou high-speed railway in Liaoning Province.  The project will require 200,000 cubic meters of concrete and should be completed in less than two years.

Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "We are pleased with the steady flow of railway projects that we have been awarded since we began focusing on the railway infrastructure construction area.  Our investments in portable plants and implementation of our ready-mix concrete services have proven to be a successful strategy.  Our railway operations are structured so that as earlier projects wind down, we are in a position to win additional contracts along the same high-speed rail lines. This tactic allows us to achieve the desired utilization levels and high margins. We remain committed to playing a significant role in the Chinese government's mandate to add 41,000 kilometers of railway track by the year 2020 and we believe that the strong demand for our services will help drive shareholder value in the future."

About China ACM

China ACM, founded in 2002 and based in Beijing, China, is a leading producer of advanced construction materials for large scale commercial, residential, and infrastructure developments. The company is primarily focused on producing and supplying a wide range of advanced ready-mix concrete materials for highly technical, large scale, and environmental construction projects. The company also aims to develop and produce new and innovative environmentally conscious construction materials.

China ACM provides materials and services through its six ready-mix concrete plant network covering Beijing metropolitan area. China ACM owns one plant, leases three plants and has technical services and preferred procurement agreements with two other independently-owned plants.  China ACM is ISO 9001 (product quality), ISO 14001 (environmental safety), and ISO 18001 (employment environment safety) certified.  Additional information about the company is available at www.china-acm.com.

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional Information regarding risks can be found in the Company's Annual Report on Form 10K and in the Company's recent report on Form 8K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

SOURCE China Advanced Construction Materials Group, Inc.

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