China Infrastructure Construction Corporation Signs Technology Agreement With Institute of Building Materials, the Earliest Established Department of the China Academy of Building Research

Jan 11, 2010, 09:03 ET from China Infrastructure Construction Corporation

BEIJING, Jan. 11 /PRNewswire-Asia-FirstCall/ -- China Infrastructure Construction Corporation (OTC Bulletin Board: CHNC), one of the major U.S.- listed providers of ready-mix concrete in Beijing, today announced that it reached a three year agreement with the Institute of Building Materials, a subsidiary of the China Academy of Building Research ("CABR"). Under the Agreement, CHNC will work exclusively with the Institute of Building Materials to obtain technical research, development and support. The Institute of Building Materials will also provide training courses to CHNC employees. CHNC will feature the Institute of Building Materials as CHNC's technological partner in its corporate material. The Institute of Building Materials will use its relationships and brand influence in the construction industry to assist CHNC in business development.

Mr. Yang Rong, Chairman and Chief Executive Officer of CHNC said, "Technology plays a crucial role in the Company's development. Our cooperation with the Institute of Building Materials will enhance and advance CHNC's technology strengths to next level and prepare us well for continued rapid expansion and growth of our business. Being a partner with the Institute of Building Materials will enhance our Company's strong brand image."

About the Institute of Building Materials

The Beijing, PRC-based Institute of Building Materials (IBM) is the earliest established department of the China Academy of Building Research (CABR). IBM carries out research focused on concrete technology, reinforcement materials, waterproof materials and additives, drawing on IBM's considerable technical expertise. Over the past 50 years, IBM has made a series of outstanding scientific achievements and help to create a number of industry standards. (See: )

About the China Academy of Building Research

The China Academy of Building Research (CABR), founded in 1953, was the largest comprehensive research institution attached to China Ministry of Construction. It was transformed from a scientific research institution into a technology-based enterprise in 2001, and is now affiliated with the State-Owned Assets Supervision and Administration Commission of the State Council. CABR covers 79 research fields, including building structure, aseismatic engineering, building material, groundwork foundation, residential systems, intelligent building, building CAD, and quality supervision, and conducts tests on engineering construction, among other competencies. (See: )

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. Its products are environment-friendly and CHNC is among the few providers in China of "green" concrete. Both the Company's revenue and net profit have shown significant growth in the last few years. Currently, the Company has two prime production facilities with five production lines. One of them is located in Beijing's Nanhaizi area, on the west side of the Yizhuang Economic Development Zone south of Beijing, and the other is located in the Tangshan Development Zone, about two hundred kilometers east of Beijing. CHNC has a combined annual operating capacity from these two locations of 3.0 million cubic meters.

Beijing Concrete is also a leader in China's "Green Concrete" movement referring to increased use of the environmentally-friendly content in ready-mix concrete, by reducing the energy and raw material consumption in its production, and by mixing and recycling various industrial wastes to create a more sustainable product.

All of CHNC's products have passed the ISO9001-2005 Certification Quality System and Integrated Certification System including Quality Management System Certification, Environmental Management System Certification and Occupational Health and Safety Management System Certification issued by Beijing Zhong Jian Xie Certification Centre.

Its major projects include the Beijing World Trade Central Business District project, and the Beijing Wanjing International Mansion.

SOURCE China Infrastructure Construction Corporation