China Advanced Construction Materials Group, Inc.



Quote for China Advanced Construction Materials Group, Inc.

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CADC
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NASDAQ
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Summary for China Advanced Construction Materials Group, Inc.

China Advanced Construction Materials Group, Inc. (China ACM) is a holding company. The Company's business operations are conducted through its wholly owned subsidiaries Xin Ao Construction Materials, Inc. (BVI-ACM) and Beijing Ao Hang Construction Materials Technology Co., Ltd. (China-ACMH), and its variable interest entity (VEI) Beijing Xin Ao Concrete Group (Xin Ao). It engages in the production of construction materials for infrastructure, commercial and residential developments. The Company is focused on engineering, producing, servicing, delivering and pumping a range of ready-mix concrete materials for construction projects. During the fiscal year ended June 30, 2011, it operated in four segments: selling concrete, manufacturing concrete, providing technical support services and other services, which include mixer rental, sales of materials and marketing cooperation. On September 20, 2010, it established a 100% owned subsidiary, Advance Investment Holdings Co., Inc. (AIH).