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China Advanced Construction Materials Group
Appoints Jeremy Goodwin to the Board of Directors
Oct 08, 2008
China Advanced Construction Materials Group,
Inc. ("China ACM") (OTCBB: CADC) today announced the appointment of
Jeremy Goodwin to the Board of Directors.
Mr. Goodwin has extensive experience in finance advising
multi-national and Asian companies on key corporate initiatives such
as M&A, debt and equity financing, restructuring, privatization and
business expansion. He is Managing Partner of 3G Capital Partners, a
corporate finance advisory firm and formerly a Vice President of
Global Capital Group Enterprises, where he and his team advised
target Changzhou Xingrong Copper on its $20 million sale to Mueller
Industries, Inc. (NYSE: MLI).
Previously, Mr. Goodwin was with the ING Beijing Investment arm of
Baring Private Equity Partners in Hong Kong. In addition, Mr.
Goodwin worked at ABN Amro in Beijing, where he assisted notable
clients such as Royal Dutch Shell Oil and Beijing Capital
International Airport with its listing on the Hong Kong stock
exchange. Mr. Goodwin began his career at Mees Pierson Investment
Finance S.A., a Geneva based investment fund private placement firm.
He earned a Bachelor of Science degree from Cornell University and
is fluent in Mandarin.
Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "We
are very pleased with Jeremy's decision to join China ACM's board of
directors. His depth of knowledge within the financial markets and
the international scope of his business experience make him a
particularly strong addition to our team as we expand our geographic
footprint and continue our growth trajectory. His business acumen
and relationships in the financial markets will prove beneficial to
the company and we look forward to his contribution."
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 seven
ready-mix concrete plant network covering Beijing metropolitan area.
China ACM owns one plant, leases two plants and has technical
services and preferred procurement agreements with four 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.
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