China New Energy to Present at Rodman & Renshaw Annual China Investment Conference

TIANJIN, China, March 8 /PRNewswire-Asia-FirstCall/ -- China New Energy Group Company (OTC Bulletin Board: CNER) ("China New Energy" or the "Company"), a vertically integrated natural gas company engaged in the development of natural gas distribution networks, and the distribution of natural gas to residential, industrial, and commercial users in small and medium sized cities in China, announced today that the Company's management team will present at the upcoming Rodman & Renshaw Annual China Investment Conference to be held on March 7-9, 2010.

The Rodman & Renshaw conference will feature more than 130 Chinese companies from the Agriculture, Auto, Cleantech & Energy, Consumer/Retail, Education, Healthcare, Industrial and Technology industries. The 3-day conference consists of 25-minute presentation slots followed by 10-minutes of open floor Q&A sessions with institutional clients.  Interested parties and investors may find more information about the conference by contacting [email protected] or calling (212) 356-0500.

About China New Energy Group Company

China New Energy Group Company ("China New Energy" or the "Company") is a vertically integrated natural gas company engaged in the development of natural gas distribution networks, and the distribution of natural gas to residential, industrial, and commercial users in small and medium sized cities in China.  The Company generates revenues primarily from the connection fees it charges its customers for interconnecting to pipelines in its natural gas distribution networks, and fees for natural gas usage. For more information, please visit http://www.cnegc.com/ .

Safe Harbor Statement

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors include, but are not limited to, the Company's ability to access natural gas for distribution, and ability to identify and develop operational locations under favorable terms, changes in natural gas pricing mechanism imposed by the Chinese government, changes in the regulatory environment and future national or regional economic and competitive conditions, and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE China New Energy Group Company

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