China Gerui Advanced Materials Group Limited to Ring NASDAQ Opening Bell

Jan 08, 2010, 08:30 ET from China Gerui Advanced Materials Group Limited

ZHENGZHOU, China, Jan. 8 /PRNewswire-Asia-FirstCall/ -- China Gerui Advanced Materials Group Limited (Nasdaq: CHOP) ("China Gerui," or the "Company"), a leading niche and high value-added steel processing company that utilizes advanced technology to produce specialty steel products in China, today announced that the Company's senior management team will ring the opening bell at the NASDAQ MarketSite in New York City at 9:30 a.m. ET on Tuesday, January 19, 2010.

"We are honored to ring the NASDAQ opening bell to celebrate our listing on one of the most prestigious equity markets in the world," said Mr. Mingwang Lu, Chairman and Chief Executive Officer. "We would like to thank our shareholders, dedicated employees, board of directors, management team, and all other parties who have contributed to our success to date."

A live webcast of the NASDAQ Opening Bell (starting from 9:20 a.m. EST on January 19, 2010) will be available at: .

About China Gerui Advanced Materials Group Limited

China Gerui Advanced Materials Group Limited (formerly Golden Green Enterprises Limited) is a leading niche and high value-added steel processing company that utilizes advanced technology to produce specialty steel products in China. The Company produces high-end, high-precision, ultra-thin, high- strength, cold-rolled steel products that are characterized by stringent performance and specification requirements that mandate a high degree of manufacturing and engineering expertise. Gerui's products are not standardized commodity products, but are tailored to customers' requirements and then incorporated into products they and end-users make for various applications. The Company sells its products to domestic Chinese customers in a diverse range of industries, including the food packaging, telecommunication, electrical appliance, and construction materials industries.

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward- looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2008 and otherwise in our SEC reports and filings, including the final prospectus for our offering. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at . We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

    For more information, please contact:

    Company Contact:

    Investor Relations Contact:
    CCG Investor Relations
     Mr. Athan Dounis, Account Manager
     Phone: +1-646-213-1916

     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915

SOURCE China Gerui Advanced Materials Group Limited