SOURCE: China Vesting

September 29, 2011 09:32 ET

China Vesting Issues Update on China Direct Industries, Inc.

LOS ANGELES, CA--(Marketwire - Sep 29, 2011) - China Vesting, a leading investment newsletter dedicated to Chinese public companies listed in the United States, today announced that is has issued an update on China Direct Industries, Inc. (NASDAQ: CDII). The update is available here:

China Direct Industries, Inc. insiders have bought a total of 219,000 shares in the open market between 9/21/2011-9/26/2011:

Name Position Date Shares Price Total Cost
Andrew Wang CFO / Exec. VP 9/26/2011 15,000 $0.86 $12,900
Adam Wasserman Director 9/23/2011 14,000 $0.85 $11,900
Wang Yuejian CEO 9/22/2011 150,000 $0.87 $130,500
Sheldon Steiner Director 9/21/2011 20,000 $0.90 $17,940
Philip Shen Director 9/22/2011 20,000 $0.86 $17,190
219,000 $190,430

China Direct Industries, Inc., is a U.S. based company that sources, produces and distributes industrial commodities in China and the Americas and provides business and financial consulting services. Headquartered in Deerfield Beach, Florida with corporate offices in Shanghai, China Direct Industries' unique infrastructure provides a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets.

About China Vesting:

China Vesting researches 500 of the top U.S. Listed Chinese Public Companies and tracks the best 100 with state-of-the-art performance benchmarks. China Vesting is based in Dongguan China, an industrial city located in the Pearl River Delta. Dongguan borders the provincial capital of Guangzhou to the north, Huizhou to the northeast, Shenzhen to the south, and the Pearl River to the west. Our network consists of Chinese officials, investment bankers, venture capitalists, scholars, academics and most importantly entrepreneurs that track China Stocks.

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