NEW YORK, March 3, 2015 (GLOBE NEWSWIRE) -- China Advanced Construction Materials Group, Inc. (Nasdaq:CADC) ("China ACM" or the "Company"), a provider of ready-mix concrete and related technical services in China, on March 3rd, 2015, reported that the Company's solution for eco-friendly parking facilities had received recognition from the conference organizers of APEC China 2014 Summit (the"APEC Summit", or the"Summit") in Beijing.
The APEC Summit was the 26th annual gathering for the leaders of Asian-Pacific Economic Cooperation countries. The Summit's conference organizer, the central government of China and the municipal government of Beijing, had held the Summit in Yanqi Lake, 50 miles north of Beijing from November 10th to 12th, 2014.
To prepare for the Summit, the conference organizer had taken various preventive measures to minimize the Summit's impact to natural resource and environment. The prevention measures include attempts to reduce smog occurrence by limiting traffic emission and industrial production in Beijing. The conference organizer also advocated to use clean technologies and recyclable materials to build the Summit's conference facilities.
The Company had been engaged by the conference organizer to build eco-friendly parking facilities for the Summit around the Yanqi Lake, where the Summit took place. The parking facilities in the project were totaled near 200 thousand square feet. The conference organizer also required that the parking facilities should be restored back to its original natural landscape after the Summit.
To view an enhanced version of Figure 1: An experiment on the parking facility, please visit:
In order to build parking facilities restorable to greenfield condition, the Company used alternative material to replace conventional concrete and asphalt in paving the parking facilities. Essentially, the new alternative materials were green pavement products and were made from local soil, construction wastes and building debris. When the Summit was over, the pavement was subsequently removed and recycled back to soil and reusable construction material. With that, the parking facilities were able to get restored back to greenfield conveniently. The conference organizer was satisfied and recognized the Company's achievement and work quality in delivering such eco-friendly parking facilities and restoring them back to greenfield.
"We are glad that we had quickly built eco-friendly parking facilities for the APEC Summit," said Mr. Xianfu Han, Chairman and CEO of the Company, "and thanks for our technologies in developing green pavement products from construction waste, we are proud that the parking facilities can easily get restored back to greenfield."
Mr. Han further commented, "We had demonstrated the usefulness of our recyclable products and their potential at the APEC Summit in Beijing. We will continue focusing on inventing new technologies in recycling construction wastes. We will lead in recycling building debris and work hard to turn the construction waste back to clean concrete products for blue sky, fresh air, healthy environment, and happy people."
About China ACM
China ACM is a producer of advanced, certified eco-friendly ready-mix concrete (RMC) and provider of related technical services for large scale, and other complex infrastructure projects. Leveraging its proprietary technology and value-add engineering services model, the Company has won work on many high profile projects including the 30,000 km China High Speed Railway expansion, the National Olympic Stadium Bird's Nest for Beijing Olympics 2008, Beijing South Railway Station, Beijing International Airport, National Center for Performing Arts, CCTV Headquarters, Beijing Yintai Plaza, China Zun Tower, Beijing APEC Summit Parking Facility, and U.S. and French embassies in China.
More information about the Company is available at www.china-acm.com.
This press release contains statements that are forward-looking in nature, including statements regarding the Company's competitive position and product and service offerings. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties, which may cause actual results to differ significantly from such estimates. The risks include, but are not limited to, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; and the Company's ability to manage its business effectively in a rapidly evolving market. Certain of these and other risks are set forth in more detail in "Item 1A. Risk Factors" in China ACM's Annual Report on Form 10-K for the fiscal year ended June 30, 2014. China ACM does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise.
CONTACT: China ACM Investor Relations Phone: +86-10-82525361 E-mail: IR@china-acm.com