NEW YORK and BEIJING, July 16 /PRNewswire-FirstCall/ -- China Advanced Construction Materials Group, Inc. ("China ACM") (OTC:CADC) (BULLETIN BOARD: CADC) , a leading provider of ready-mix concrete and related services in China, today announced that it has been awarded two new contracts to provide concrete manufacturing services for the Hangzhou-Ningbo railway construction project. Under the agreement, China ACM will supply 500,000 cubic meters of concrete and expects to complete the project by mid-2011. 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. Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "We continue to gain traction in providing our manufacturing services for China's growing network of railway systems. We are in a unique position to win these railway projects as one of only a select group of companies authorized to supply ready-mix concrete for government infrastructure projects. Our competitive advantages also include our advanced technologies, lengthy warranty period and superior pricing. The high profile projects we have been involved with in and around the Beijing area serve as testimonials to the quality of our work and the reputation we have established." Mr. Han continued, "High speed railways are an important element in the continued modernization of China. In total, we have been awarded 9 of these railway projects since the fiscal first quarter of 2009, which alone will generate more than $25 million of revenue in the next two years. We expect to announce similar contract awards in the coming weeks and months." 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 http://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: Web: http://www.china-acm.com/ DATASOURCE: China Advanced Construction Materials Group, Inc. CONTACT: David Waldman, or Klea Theoharis, both of Crescendo Communications, LLC, +1-212-671-1020, Web Site: http://www.china-acm.com/

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