China ACM (CADC) Makes Addition to Management

BEIJING, Jan. 25 /PRNewswire-FirstCall/ — China Advanced Construction Materials Group, Inc. (Nasdaq: CADC), (“China ACM” or the “Company”) a leading provider of ready-mix concrete in China, today announced the appointment of Jeremy Goodwin, to assume the newly created position as President of China ACM, effective immediately. Mr. Goodwin has been a member of China ACM’s Board of Directors since October 4, 2008.  His main responsibilities will include assisting the CEO in procuring and deploying domestic contracts, as well as expanding the Company’s involvement in international projects, and strategic and financial partnerships going forward. Mr. Goodwin will also oversee the public company activities.

Jeremy Goodwin has extensive experience in advising multi-national and Asian companies on key corporate initiatives such as business expansion including mergers & acquisitions, project management, cash flow monitoring, equity and debt financings and restructurings. Mr. Goodwin has experience working with Chinese government agencies and various financial institutions.

In 2004, Mr. Goodwin co-founded Global Capital Group and later 3G Capital Partners the former group which successfully negotiated the $20M control acquisition by Mueller Industries of their Chinese Joint Venture partner.  Beginning in 1995, he worked with the private equity finance team at Mees Pierson Investment Finance S.A. in Geneva, Switzerland.  He also joined ABN Amro Bank in Beijing where he established the Global Clients desk representing multinational clients, and in 1999 Mr. Goodwin joined the ING Beijing Investment arm of Baring Private Equity Partners in Hong Kong, a joint venture between ING and the Beijing Municipal Government presided over by former Chinese Premier Zhu Rong Ji.

Mr. Goodwin received his Bachelor of Science from Cornell University in 1996 in conjunction with the Institute of Higher International Studies in Geneva, Switzerland. He pursued an advanced degree in Chinese affairs at Princeton University which he completed at the prestigious Nanjing Chinese Studies Center of the Johns Hopkins School of Advanced International Studies. He is fluent in Mandarin Chinese and French and has working knowledge of other Asian Languages.

Mr. Jeremy Goodwin stated, “As a Board member, I’ve developed extensive knowledge on the Company’s capabilities and its outlook.  I am pleased to join a highly capable and environmentally responsible management team whose achievements have helped build the Company to the forefront of the industry. With our proprietary products and industry position, we are positioned to build on our past progress and create greater value for our shareholders and for the environment.”

Mr. Xianfu Han, Chairman and Chief Executive Officer of China ACM, commented, “We have been impressed with Jeremy’s contributions as a Board member and we look forward  to further leveraging Mr. Goodwin’s considerable management and financial experience as well as his contacts both in China as well as internationally to assist China ACM achieve its strategic goals. Jeremy’s tasks will include focusing and executing our strategy, and help us deliver sustainable results to build shareholder value.”

About China ACM

China ACM, founded in 2002 and based in Beijing, China, is a leading producer of advanced construction materials for large scale commercial, residential, and infrastructure developments. The company is primarily focused on producing and supplying a wide range of advanced ready-mix concrete materials for highly technical, large scale, and environmental construction projects. The company also aims to develop and produce new and innovative environmentally conscious construction materials.

China ACM provides materials and services through its six ready-mix concrete plant network covering Beijing metropolitan area. China ACM owns one plant, leases three plants and has technical services and preferred procurement agreements with two other independently-owned plants.  China ACM is ISO 9001 (product quality), ISO 14001 (environmental safety), and ISO 18001 (employment environment safety) certified.  Additional information about the company is available at www.china-acm.com.

This press release contains “forward-looking statements” within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional Information regarding risks can be found in the Company’s Annual Report on Form 10K and in the Company’s recent report on Form 8K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.