China | Infrastructure | Construction--China Infrastructure Construction Announces Update on New Concrete Mixing Tower

BEIJING, Jan. 3, 2011 /PRNewswire-Asia-FirstCall/ -- China Infrastructure Construction Corp. (OTC Bulletin Board: CHNC) ("CHNC" or the "Company"), a major U.S.-listed provider of ready-mix concrete headquartered in Beijing, today announced an update on the new concrete mixing tower at its Beijing Yizhuang batching station. Concrete production from the new tower, which was installed in April 2010 and began production in May 2010, made up 25.6% of total output for the Company's Beijing Yizhuang plant during the six months ended November 30, 2010. The total output of the station increased 10.3% year-over-year during the same six-month period.

Beijing Yizhuang Station, CHNC's first factory, was founded in January 2002 and originally had two sets of HZS 120 mixing towers. In order to increase its market competitiveness and meet increasing demand for concrete in the surrounding region, the Company purchased a new Betomix 3.0A mixing tower in April 2010 from Liebherr, one of the leading concrete mixer providers in China. The tower has a mixing capacity of 157 cubic yards per hour and is located on a roughly 3.6-acre parcel of land, which the Company leased in March 2010 and also uses to store raw materials.

Liebherr mixing towers are known for their long service life, high capacity, and easy operation and maintenance. Unlike the two existing towers at the Beijing Yizhuang station, the parts of the new machine are all connected by bolts rather than welded, which makes the equipment easy to move and install. The tower's steel foundation also eliminates the time and cost of pouring a concrete slab foundation prior to installation. If necessary, the new mixing tower can be allocated to another of the Company's stations and resume operations within 20 days.

Mr. Yang Rong, Chairman and Chief Executive Officer of CHNC, commented: "The new mixing tower has been very successful in its first seven months of operation. We are excited to see such strong demand for concrete in Beijing, Xi'an, and our other relevant markets and believe that this tower will greatly improve our ability to meet customers' needs and will be followed by additional expansion in the near future."

About China Infrastructure Construction Corporation

CHNC was founded in 2002 in Beijing, China. Since then it has developed into one of the top ready-mix concrete producers in Beijing. The Company's products are environmentally friendly, as CHNC is a provider of "green" concrete in China.

Currently, the Company operates four production facilities and eight production lines with a total operating capacity of 3.5 million cubic meters based on its historical utilization rate. CHNC's production facilities are located in Beijing's Nanhaizi area, on the west side of the Yizhuang Economic Development Zone south of Beijing; the Shidu area, within the boundaries of the Zhangfang and Beijing Fangshan district; the Tangshan Development Zone, about 200 kilometers east of Beijing; and Xi'an, Shaanxi Province.

CHNC is a leader in China's "green concrete" movement, referring to the increased use of environmentally friendly and recycled materials in ready-mix concrete by reducing energy and raw material consumption during production, and by mixing and recycling various industrial wastes to create a more sustainable product.

All of CHNC's products have passed the ISO 9001:2005 Certification Quality System and Integrated Certification System, including the Quality Management System Certification, Environmental Management System Certification and Occupational Health and Safety Management System Certification issued by the Beijing Zhong Jian Xie Certification Centre.

CHNC's major projects include the Beijing World Trade Central Business District project and the Beijing Wangjing International Mansion.

Forward-looking Statements

Certain statements made in this news release, may contain forward-looking statements concerning the Company's business and products. These statements include, without limitation, statements regarding our ability to prepare the Company for growth, the Company's planned capacity expansion and predictions and guidance relating to the Company's future financial performance. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs, but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These factors may include, but are not limited to, such factors as unanticipated changes in product demand especially in the infrastructure construction industry, pricing and demand trends for the Company's products, changes to government regulations, risk associated with operation of the Company's new facilities, risk associated with large-scale implementation of the Company's business plan, the ability to attract new customers, ability to increase its products' applications, cost of raw materials, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. Investors are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

Source: China Infrastructure Construction Corporation