China Advanced Construction Materials Group Appoints Three Independent Board Members

China Advanced Construction Materials Group Appoints Three Independent Board
Members
Company Announces Plans to List on a Senior National Stock Exchange

NEW YORK and BEIJING, Aug. 17 /PRNewswire-FirstCall/ -- China Advanced
Construction Materials Group, Inc. ("China ACM") (OTC Bulletin Board: CADC), a
leading provider of ready-mix concrete and related services in China, today
announced that it has appointed Denis Slavich, Sean Wang and Larry Goldman to
the Board of Directors, bringing the number of independent directors to four,
with the total board now comprised of 7 members. As a result, the company
believes it now substantially qualifies for listing on a U.S. national
exchange and plans to commence the application process.

Mr. Slavich brings expertise in the areas of engineering, management and
finance to his role as an independent director. His career spans four decades
and includes the role of CFO in both large and small entities, including
Bechtel Group and KMR Power Corporation. During his 20-year tenure at
Bechtel, Mr. Slavich held key positions, including corporate director and
manager of international power, project manager for all Bechtel's operations
at the Lawrence Livermore National Lab, and CFO. He also has extensive
experience in marketing and sales and has been managing director with
companies doing business in China, including Far East Energy Corporation and
Global Capital Group where he was responsible for operations and sales. Mr.
Slavich holds a Ph.D. in Economics and Finance from the Massachusetts
Institute of Technology, an MBA from the University of Pittsburgh and a BSEE
in Electrical Engineering from the University of California, Berkeley.

Mr. Wang's career in the field of finance spans over 20 years and comprises
CFO and managing director positions in both U.S. and China-based companies.
Mr. Wang is currently executive director and CFO of SOHO China Ltd.
(HKG:0410), a highly-regarded developer of notable branded commercial
buildings in central Beijing. In this role, Mr. Wang is responsible for
financial and fiscal management aspects of the company's operations, including
budgeting, tax planning, real estate and compliance with its listing on the
Hong Kong stock exchange, local and state reporting requirements. Previously,
Mr. Wang has held the position of President and COO at Hurray Holdings. He
was also the chief operating officer and acting CFO at Opta Corporation in San
Francisco, a publicly listed consumer electronics company in the US controlled
by TCL, where he was responsible for overall operations of the company and its
subsidiaries. Mr. Wang holds an MBA from the Carlson School of Management at
the University of Minnesota, a Bachelor of Science degree from the Chinese
Exchange Student Program, Economics from Hamline University in Minnesota and a
B.S. degree in National Economic Management from Beijing University in China.
Mr. Wang is fluent in both Mandarin Chinese and English.

Mr. Goldman, who will head the Audit Committee, is a CPA and has extensive
experience in the specialties of auditing, SEC reporting, US GAAP and SOX 404.
His background in finance spans almost 30 years and includes serving as a
partner at Livingston, Wachtell & Co., LLP, a Manhattan-based CPA firm. He
has worked for both public and private companies, and has extensive experience
providing Chinese public companies with both auditing and consulting services.
He also worked as a CFO for two US listed public companies and currently
serves as Audit Committee Chairman for two Chinese companies listed on the
Nasdaq. Mr. Goldman holds a Bachelor of Science degree in Accounting from the
State University of New York at Oswego and a Masters of Science degree in
Taxation from Pace University.

Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "We are pleased
to have such a talented group of professionals join our board. Their
respective capabilities and experience will prove valuable to China ACM and we
look forward to their guidance and contribution to our efforts as we continue
to successfully execute on our business plan. Specifically, we look forward
to capitalizing on the highly fragment concrete market in China, as we become
a dominant provider of ready-mix concrete. They are welcome additions to the
team."

Mr. Han continued, "With four independent directors now on our board, we
substantially qualify for listing on a senior stock exchange in the U.S. and
seek to secure a listing in the coming months. We view this as an important
milestone, as it will help increase our visibility and open the door to
potential investors who are prohibited from investing in companies that are
not listed on a national exchange."

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 seven ready-mix concrete
plant network covering Beijing metropolitan area. China ACM owns one plant,
leases two plants and has technical services and preferred procurement
agreements with four 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.

Contact:
Crescendo Communications, LLC
David Waldman or Klea Theoharis
Tel: (212) 671-1020
Email: ir@china-acm.com
Web: http://www.china-acm.com

SOURCE China Advanced Construction Materials Group

David Waldman or Klea Theoharis, +1-212-671-1020, ir@china-acm.com, both of
Crescendo Communications, LLC for China Advanced Construction Materials Group