SOURCE: China ACM

China ACM

January 20, 2011 07:55 ET

China ACM Wins Prestigious '2010 Low-Carbon Model Company' Award

BEIJING--(Marketwire - January 20, 2011) - 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.

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