NEW YORK and BEIJING, July 16 /PRNewswire-FirstCall/ -- China Advanced Construction Materials Group, Inc. ("China ACM") (OTC:CADC) (BULLETIN BOARD: CADC) , a leading provider of ready-mix concrete and related services in China, today announced that it has been awarded two new contracts to provide concrete manufacturing services for the Hangzhou-Ningbo railway construction project. Under the agreement, China ACM will supply 500,000 cubic meters of concrete and expects to complete the project by mid-2011. 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. Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "We continue to gain traction in providing our manufacturing services for China's growing network of railway systems. We are in a unique position to win these railway projects as one of only a select group of companies authorized to supply ready-mix concrete for government infrastructure projects. Our competitive advantages also include our advanced technologies, lengthy warranty period and superior pricing. The high profile projects we have been involved with in and around the Beijing area serve as testimonials to the quality of our work and the reputation we have established."
