China Architectural Engineering, (AMEX:RCH)
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From May 2019 to May 2024
China Architectural Engineering, Inc. (CAE) (AMEX:RCH), a leader in the
design, engineering, fabrication and installation of high-end building
envelope systems, today announced that the Company will ring the opening
bell at the NASDAQ MarketSite in New York City's Times Square on
Thursday, June 12, 2008 at 9:30 a.m. EDT. The Company will commence
trading on the NASDAQ Global Select Market under the ticker symbol “CAEI”
on June 10, 2008.
“China Architectural Engineering has
experienced a strong and consistent growth since our founding in 1992,”
said Ken Yi Luo, Chairman and CEO of China Architectural Engineering. “Our
listing on a U.S. exchange last year has enabled us to raise additional
capital, which has enabled us to further accelerate our growth rate and
meet the growing global demand for our high-end curtain wall systems and
roofing systems. As a result, we now meet the requirements of the NASDAQ
Global Select Market and are honored to be able to ring the opening bell
at the NASDAQ MarketSite. We believe that NASDAQ’s
electronic multiple-market-maker structure will provide CAE’s
shareholders with increased exposure, liquidity and an even broader
investor base,” concluded Mr. Luo.
A live Webcast of the NASDAQ Opening Bell will be available on the
NASDAQ Webcam at: http://www.nasdaq.com/about/marketsitetowervideo.asx.
To be added to China Architectural Engineering's investor lists, please
contact Haris Tajyar at htajyar@irintl.com
or at 818-382-9702.
About NASDAQ
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NASDAQ, visit the NASDAQ Web site at www.nasdaq.com
or the NASDAQ NewsroomSM at www.nasdaq.com/newsroom.
About China Architectural Engineering, Inc.
China Architectural Engineering, Inc. (CAE) (AMEX:RCH), which began
operations in 1992, has maintained a leading position in the global
commercial construction industry by providing timely, high-quality,
reliable, fully integrated and cost-effective service solutions to its
clients utilizing specialized technical expertise in the design,
engineering, fabrication and construction of structural exterior
cladding systems. It specializes in high-end curtain wall systems
(including glass, stone & metal curtain walls), roofing systems, steel
construction systems, eco-energy saving building conservation systems
and related products, for public works and commercial real estate
projects.
CAE has worked with world-renowned architects and building engineers
from China and other countries and has completed over 100 large, complex
and unique projects throughout China, Hong Kong, Macau, Australia and
Southeast Asia, including numerous award-winning landmark buildings in
many of Asia's major cities. It is now capitalizing on its
industry-leading expertise by expanding aggressively beyond China into
some of the most active construction markets in the world, including the
Middle East, Central Asia, United States and Eastern Europe.
For further information on China Architectural Engineering please visit www.caebuilding.com.
Forward Looking Statements: In addition to historical
information, the statements set forth above include forward-looking
statements that may involve risk and uncertainties that could cause
actual results to differ materially from those in the forward-looking
statements. Such risks and uncertainties include, but are not limited
to, uncertainty of contract negotiations and payments under existing
contracts, the Company’s dependence on
government contracts, changes in the laws of the PRC that affect the
Company’s operations, fluctuation and
unpredictability of costs related to the Company’s
products and services, the Company’s
dependence on the steel and aluminum markets, reduction or reversal of
the Company’s recorded revenue or profits due
to “percentage of completion”
method of accounting and expenses and costs associated with the issuance
of convertible bonds. The forward-looking statements are also identified
through use of the words “believe,”
“enable,” “may,”
“will,” “could,”
“intends,” “estimate,”
“anticipate,” “plan,”
“predict,” “probable,”
“potential,” “possible,”
“should,” “continue,”
and other words of similar meaning. Actual results could differ
materially from the expectations contained in forward-looking statements
as a result of several factors, including regulatory approval
requirements and competitive conditions. These and other factors that
may result in differences are discussed in greater detail in the Company’s
reports and other filings with the Securities and Exchange Commission.