China Infrastructure Construction Corporation Announces its Relocation of Beijing Facility Almost Complete

BEIJING, Dec. 5, 2011 /PRNewswire-Asia-FirstCall/ -- China Infrastructure Construction Corporation ("CHNC" or the "Company") announces that it has completed relocation of its facility to Daxing County, Beijing from the Yizhuang Economic Development Zone, Beijing. The Company has purchased land in Daxing County, whereas previously the Company was leasing the land on which its facility was located.

The Company has also, as part of the relocation, disposed two older two-cubic-meter batching plants, moved a three-cubic-meter batching plant to the new location, and added two new batching plants of respective capacity of 3-cubic-meters. All three referenced production lines have now been placed into production, which will allow the Company to ramp up its production output. The new facility also features indoor raw materials storage, compared to the open-air storage in the previous facility.

The Company is in the process of building a new office building at this new location, which will house its headquarters when completed in April of 2012.

"The significance of this relocation for the Company is that at this location, we are within 10 kilometers of the new Beijing Airport, which will reportedly commence construction in mid 2012," said Mr. Yang, Chairman and CEO. "This new airport will have capacity of 40 million people per year during the first phase of construction, to be completed by 2015. The total construction project will last for 8 years. With the development of this new airport, the development of the surrounding areas is also well underway," Mr. Yang continued. "We have invested significant time and capital into this move and are convinced that this relocation will bring the Company increased potential business 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 Daxing District, the Shidu area, within the 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.

Contact:

China Infrastructure Construction Corporation:
John Bai
Chief Financial Officer
China mobile: +86-186-0128-8923
Email: [email protected]
Web: http://www.chnicc.com/

SOURCE China Infrastructure Construction Corporation