China Advanced Construction secures 11th high speed railway contract

China Advanced Construction Materials Group (NASDAQ: CADC) ("China ACM") announced it had won a contract to provide its ready-mix
concrete service to a high-speed railway project between Xi'an and
Ankang, the largest city in southern Shanxi Province.

China ACM will provide technical support for the production of 270,000 cubic meters of ready-mix concrete
China ACM said it expected to book revenues of US$3 million and $0.8 million of net income.

“Among the 10 government-certified green concrete producers in
China, only China ACM is gaining access to high-speed railway
projects,” China ACM stated, “The Company's proprietary technologies
and industrial byproduct recycling lowers cement consumption while
providing high-quality, ready-mix concrete exceeding the industry
standard for durability with greater salt-water resistance for
environmentally friendly infrastructure materials.”
China ACM
currently has contracts with 11 high-speed railway projects throughout
the country, including a one between Beijing to Shanghai.

Mr. Xianfu Han, Chairman and CEO of China ACM, commented, "We
believe the high-speed railway expansion, which enables the Chinese
government's plan to build out infrastructure in the interior of China,
represents a $15 billion addressable market for concrete mixing
services alone. 'Green' concrete products like ours will have
sustainable growth, especially for government-sponsored projects, due
to the government's initiative and support to grow a low-carbon
economy. Our track record in high-speed rail in many key locations and
the signature architectures we have completed in Beijing, provide
endorsements to help China ACM win more contracts in the Chinese
high-speed rail market."

The Company also reported preliminary unaudited revenues for the
second quarter of approximated $26 million -  a 140% increase compared
with the same quarter last year.