China Crescent Enterprises, Inc. Announces Thanksgiving Holiday Shareholder Update Schedule and 3rd Quarter Financial Report Webcast

DALLAS, TX--(Marketwire - November 18, 2009) - China Crescent Enterprises, Inc. (OTCBB: CCTR) is scheduled to release an on-demand Webcast on Friday, November 20th to review the Company's 3rd quarter financial report. China Crescent previously announced launching a new investor relations campaign to improve the quality of communications. As part of the new campaign, the Company plans to conduct weekly shareholder update Webcasts. This week, China Crescent plans to combine the weekly shareholder update with the scheduled 3rd quarter financial report Webcast slated for this Friday. Due to the U.S. Thanksgiving holiday on November 26, 2009, the Company is not scheduled to release a shareholder update webcast next week and plans to resume the weekly webcasts the week of November 30th.

A link to the Webcast is scheduled to be posted to the corporate website homepage www.chinacrescent.com upon release on Friday, November 20th.

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About China Crescent Enterprises, Inc. (www.chinacrescent.com)

China Crescent Enterprises, Inc. reported over $40 million in profitable revenue in 2008. The Company is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.

Headquartered in Dallas with operations in Shanghai and Beijing, China Crescent bridges the gap between Western and Eastern business cultures to assist Western clients in realizing the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause China Crescent's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3060