NEW YORK and BEIJING, Oct. 28 /PRNewswire-FirstCall/ -- China Advanced Construction Materials Group, Inc. ("China ACM") (OTC:CADC) (BULLETIN BOARD: CADC) , a leading provider of ready-mix concrete in China, today announced that it has received approval to list its common stock on the NASDAQ Global Market. The company's shares are expected to commence trading on NASDAQ on November 2, 2009, and will continue to trade under the symbol "CADC." Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "Our listing on the NASDAQ Global Market marks an important milestone for China ACM. Since founding the company in 2002, we have been focused on growing our business and gaining prominence throughout China for the high quality, advanced technologies, and environmental benefits of our ready-mix concrete. This is best illustrated by the projects with which we have been involved, such as the Bird's Nest Stadium, The Water Cube, The U.S. Embassy in China and many other noteworthy structures. We are also excited about our growing participation in providing ready-mix concrete for China's national railway project, which provides a new source of high margin revenue and allow us to rapidly expand our operations beyond Beijing. Given our very strong historical revenue growth, sustained profitability, and strong balance sheet with no-long-term debt, we are pleased to have met the high standards of this premier exchange. It is our belief that a listing on the NASDAQ Global Market will help to elevate awareness of the company among members of the investment community." 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 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, , for China Advanced Construction Materials Group, Inc. Web Site: http://www.china-acm.com/

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