China XD Plastics Launches New Corporate Website

Mar 06, 2009, 08:00 ET from China XD Plastics Company Ltd.

HARBIN, China, March 6 /PRNewswire-Asia-FirstCall/ -- China XD Plastics Company Ltd. (''China XD Plastics'' or the ''Company''), (OTC Bulletin Board: CXDC), as the largest Chinese manufacturer of modified plastics for automotive applications, is engaged in the development, manufacturing, and distribution of modified plastics primarily for use in automotive applications, today announced the launch of its new corporate website under the domain name .

The website features an overview of the Company, including its corporate history, products, customers, achievements, and certifications. In addition, the new site highlights China XD Plastics' sophisticated wholly-owned research and development center and includes a section dedicated to investor relations with information about the share prices, press releases, corporate profiles and presentations, and among other tools to provide comprehensive information about the Company, to establish effective communication with the investment community.

''We are very pleased to officially launch our new corporate website, which will provide a platform for our customers, investors, and business partners to efficiently access information on China XD Plastics,'' said Mr. Jie Han, Chairman and Chief Executive Officer of China XD Plastics. ''Effective communication with investors is important to us, and this comprehensive, sophisticated and well-organized website is an important step in this process. Through frequent and regular updates, we believe our website will become an effective tool to increase awareness of our Company's business and products with all of our stakeholders.''

About China XD Plastics Company Ltd.

China XD Plastics Company Ltd., through its wholly owned subsidiary Harbin Xinda Macromolecule Material, develops, manufactures, and distributes modified plastics, primarily for automotive applications. The Company's specialized plastics are used in the exterior and interior trim and in the functional components of more than 30 automobile brands manufactured in China including Audi, Red Flag, Volkswagen and Mazda. The Company's wholly owned research institute is dedicated to the research and development of modified plastics and benefits from technology collaboration with well-known scientists from leading Universities in China. At present, Xinda manufactures approximately 145 types of automobile-specific modified plastic products, 117 of which have been certified for use by one or more of the automobile manufacturers in China. For more information please visit .

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the company's ability to raise additional capital to finance the company's activities; the effectiveness, profitability, and the marketability of its products; legal and regulatory risks associated with the share exchange; the future trading of the common stock of the company; the ability of the company to operate as a public company; the period of time for which its current liquidity will enable the company to fund its operations; the company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; the company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the company's filings with the Securities and Exchange Commission and available on its website at These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

    For more information, please contact:

    China XD Plastics Company Ltd.
     Mr. Kirby Zhao, US Representative
     Tel:   +1-212-747-1118 (New York)

     Mr. Allan Lao, IR Director
     Tel:   +86-451-8434-6600 (China)

    CCG Investor Relations Inc.
     Mr. Crocker Coulson, President
     Tel:   +1-646-213-1915 (New York)

     Mr. Ed Job, CFA
     Tel:   +1-646-213-1914 (New York)

SOURCE China XD Plastics Company Ltd.