China ACM Wins Prestigious '2010 Low-Carbon Model Company' Award
20 January 2011 - 11:55PM
Marketwired
China Advanced Construction Materials Group, Inc. (NASDAQ: CADC)
("China ACM"), a leading provider of ready-mix concrete and related
technical services in China, today announced it has won the '2010
Low-Carbon Model Company' Award.
The 'Harmonious China: 2010's Most Influential People' Awards
Ceremony was held at the China National Convention Centre in
Beijing on January 16. The ceremony was jointly organized by the
China Economic Press, the Spotlight Times, the China Harmonious
Development Committee, the Influential People Magazine, and the
Nominating Committee. The awards were presented by Ms. GU Xiulian,
former Vice Chairman of the Standing Committee of the National
People's Congress, and other dignitaries.
The '2010 Low Carbon Model Company' Award was conferred upon
China ACM in recognition of its distinguished contributions to
promoting low carbon concrete products, conserving energy, reducing
emissions and its broadly efficient use of resources. The Company:
established China's first concrete research institute; took the
lead in drafting the industry's first corporate standards on
manufacturing low carbon concrete products; and, built strategic
R& D partnerships for high performance eco-friendly concrete
blends with a host of institutes and universities. In addition, on
February 26, 2009, China ACM co-hosted a conference exploring the
commercial value of mine tailings which drew many central and
regional government officials and industry experts in
attendance.
The Awards are presented annually to honor those innovative
figures that have made important contributions to implementing the
Scientific Outlook on Development and building a harmonious
society. The event was widely covered by the mainstream media
outlets such as the People's Daily and the Guangming Daily.
About China ACM China ACM is a leading
producer of advanced, certified eco-friendly ready-mix concrete
(RMC) and related technical services for large scale, high-speed
rail (HSR) and other complex infrastructure projects. Leveraging
its proprietary technology and value-add engineering services
model, the Company has won work on numerous high profile projects
including the 30,000 km China HSR expansion, the Olympic Stadium
Bird's Nest, Beijing South Railway Station, Beijing International
Airport, National Centre for Performing Arts, CCTV Headquarters,
Beijing Yintai Building and U.S. and French embassies.
Founded in 2002, Beijing-based China ACM provides its materials
and services through its network of fixed ready-mix concrete plants
covering the Beijing metropolitan area. It also has technical
consulting services and preferred procurement agreements with other
independently-owned plants across China. Additionally, the Company
owns numerous portable plants deployed in various provinces across
China primarily to major high speed rail projects. More information
about the Company is available at www.china-acm.com.
Forward-Looking Statements This press
release contains statements that are forward-looking in nature,
including statements regarding the Company's competitive position
and product and service offerings. These statements are based on
current expectations on the date of this press release and involve
a number of risks and uncertainties, which may cause actual results
to differ significantly from such estimates. The risks include, but
are not limited to, the degree of market adoption of the Company's
product and service offerings; market competition; dependence on
strategic partners; and the Company's ability to manage its
business effectively in a rapidly evolving market. Certain of these
and other risks are set forth in more detail in "Item 1A. Risk
Factors" in China ACM's Annual Report on Form 10-K for the fiscal
year ended June 30, 2010. China ACM does not assume any obligation
to update or revise any such forward-looking statements, whether as
the result of new developments or otherwise.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact Financial Profiles Tricia Ross (916) 939-7285
tross@finprofiles.com Financial Profiles Moira Conlon Tel: (310)
478-2700 x11 mconlon@finprofiles.com
China Advanced Constr Matls Group (MM) (NASDAQ:CADC)
Historical Stock Chart
From Jun 2024 to Jul 2024
China Advanced Constr Matls Group (MM) (NASDAQ:CADC)
Historical Stock Chart
From Jul 2023 to Jul 2024