Agoracom Blog

China ACM (CADC:OTC) Wins $2.2 Million Contract For High-Speed Railway

Posted by AGORACOM at 10:17 AM on Thursday, March 5th, 2009

It is no secret that I am extremely bullish on Chinese Small-Cap stocks for the long run. Quite simply, I love them for a few reasons. On a macro level, China is unstoppable. On a micro level, Chinese companies tend to run real businesses with real products, customers, revenues and profits.

As such, if you’re a successful Chinese small-cap company today, you have a good chance at being an incredibly big company tomorrow. In the same breath, investors have an opportunity to grow and prosper from the rise of a new economic powerhouse. An opportunity that only comes about every couple hundred years. I want to be a part of that and so should you.

One company investors should be considering is AGORACOM client, China Advanced Construction Materials. If you assume I am horribly conflicted (which you should) then let the latest Q2 numbers in which it earned $2.6 million plus this latest contract award speak for themselves.

A little background info first. 80% of China ACM revenues are directly derived from major state-owned construction companies. China ACM is a 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

Awarded 2.2 Million Contract For High-Speed Chinese Railway

NEW YORK and BEIJING, March 4 — China Advanced Construction Materials Group, Inc. (“China ACM”) (OTC Bulletin Board: CADC), a leading provider of ready-mix concrete and related services in China, today announced that it was awarded a $2.2 million contract to provide concrete manufacturing services for a major section of the Jin-Qin High Speed Railway construction project. The railway will run from Tianjin to Qinhuangdao and will cover approximately 164 miles. China ACM’s component of the project is scheduled for completion in mid-2010.

Read Full Press Release

Read All Of My Blog Posts About China ACM.

Go To China ACM IR HUB

Regards,
George

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