China Advanced Construction Materials Group Awarded 2 New Contracts Totaling Approximately $4.2 Million for Hangzhou-Ningbo Railway

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Mon Nov 2, 2009 7:30am EST

China Advanced Construction Materials Group Awarded 2 New Contracts Totaling
Approximately $4.2 Million for Hangzhou-Ningbo Railway




NEW YORK and BEIJING, Nov. 2 /PRNewswire-FirstCall/ -- China Advanced
Construction Materials Group, Inc. ("China ACM") (Nasdaq: CADC), a leading
provider of ready-mix concrete in China, today announced that it has been
awarded two new contracts totaling approximately $4.2 million to provide
concrete manufacturing services for the Hangzhou-Ningbo railway construction
project. Under the agreement, China ACM will supply approximately 550,000
cubic meters of concrete.

Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "These latest
contract awards follow similar projects along the Hangzhou-Ningbo Railway we
were awarded earlier this year.  These contract awards were a direct result of
our ability to meet the general contractor's technical requirements according
to schedule.  We have now been awarded 13 of these high margin railway
contracts since the beginning of fiscal 2009.   With China's government
planning to spend more than 5 trillion Yuan, or USD $730 billion, on the
national rail network through 2020, our pipeline of new contracts is extremely
robust."

Upon completion, the Hangzhou-Ningbo railway will cover approximately 150
kilometers, or approximately 93 miles. Train speed on this line will approach
188 miles per hour and will reduce travel time between Hangzhou City and
Ningbo City to less than one hour. 

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 eight 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 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: cadc@crescendo-ir.com
    Web: http://www.china-acm.com






SOURCE  China Advanced Construction Materials Group, Inc.

David Waldman or Klea Theoharis, both of Crescendo Communications, LLC,
+1-212-671-1020, cadc@crescendo-ir.com
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