SOURCE: China Infrastructure Investment Corporation

August 12, 2008 12:30 ET

China Infrastructure Investment Corporation Begins Trading on the NASDAQ Stock Market

BEIJING--(Marketwire - August 12, 2008) - China Infrastructure Investment Corporation (NASDAQ: CIIC) (the "Company") announced today that its shares commenced trading on the NASDAQ National Capital Market on Aug 12th under a new symbol "CIIC." China Infrastructure Investment Corporation is an emerging infrastructure development company operating in the People's Republic of China.

Mr. Li Xipeng, Chairman and Chief Executive Officer of the Company, commented, "The listing of CIIC on the NASDAQ Stock Market will enhance the company's ability to carry out its strategic development in the infrastructure projects in China. Through NASDAQ Stock Market, we will partner with strategic investors to develop and acquire more expressways and other infrastructure projects. With its rapid economic growth, China continues to invest heavily in country's infrastructure and welcomes investors from overseas to participate. China Infrastructure Investment has been very successful in developing and operating Pinglin Expressway."

CIIC's Chief Financial Officer, Mr. Zhang Cunxian, added, "We believe that the NASDAQ listing will help the company to maximize shareholder values in the long-run and bring more transparency to our shareholders. The management will continue to strengthen our corporate governance and to enhance our communication with shareholders and investors."

About China Infrastructure Investment Corporation:

China Infrastructure Investment Corporation, incorporated in Nevada, USA and headquartered in Henan Province, China, focuses on investing, constructing, operating and managing infrastructure development projects in China. The Company currently operates the Pinglin Expressway, a 106-kilometer (66 miles) dual carriageway four-lane toll road in the central province of Henan. The Expressway is an important passage from the northwest region to the southeast coastal region of China. The Company is actively pursuing additional acquisition and development opportunities in infrastructure projects, including expressways, electricity, water supply and bio fuel facilities. For more information, please visit www.ciicusa.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive conditions and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of construction, financing costs and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

No securities regulatory authority has either approved or disapproved the contents of this news release.

Contact Information

  • Investor's Relation Contact:
    Mr.Wang Feng
    Corporate Secretary
    Pinglin Expressway Headquarters
    New District, PingDingShan,
    Henan, P.R.China 467000
    Tel:86-375-2754377
    Fax:86-375-2754444
    www.ciicusa.com
    ciicusa@gmail.com