China Advanced Construction Materials Group Inc, a leading provider of ready-mix concrete in China, today announced that it has been awarded two new contracts totaling approximately $4.2 million to provide concrete manufacturing services for the Hangzhou-Ningbo railway construction project. Under the agreement, China ACM will supply approximately 550,000 cubic meters of concrete.

Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "These latest contract awards follow similar projects along the Hangzhou-Ningbo Railway we were awarded earlier this year. These contract awards were a direct result of our ability to meet the general contractor's technical requirements according to schedule. We have now been awarded 13 of these high margin railway contracts since the beginning of fiscal 2009. With China's government planning to spend more than 5 trillion Yuan, or USD $730 billion, on the national rail network through 2020, our pipeline of new contracts is extremely robust."

Upon completion, the Hangzhou-Ningbo railway will cover approximately 150 kilometers, or approximately 93 miles. Train speed on this line will approach 188 miles per hour and will reduce travel time between Hangzhou City and Ningbo City to less than one hour.

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 www.china-acm.com.

Source: China Advanced Construction Materials Group