China Ceramics Announces Strategic Contract with Wholly-Owned Subsidiary of
China's Largest Construction Contractor
JINJIANG, Fujian Province, China, Nov. 27, 2012
JINJIANG, Fujian Province, China, Nov. 27, 2012 /PRNewswire/ -- China Ceramics
Co., Ltd. (NASDAQ Global Market: CCCL) ("China Ceramics" or the "Company"), a
leading Chinese manufacturer of ceramic tiles used for exterior siding and for
interior flooring and design in residential and commercial buildings, today
announced that it has entered into a strategic contract with China State
Decoration Group Co., Ltd., a wholly-owned subsidiary of China State
Construction Engineering Corporation, the largest real estate construction
contractor in China. The contract stipulates that China Ceramics and China
State Decoration Group, Co., Ltd. will regard each other as strategic partners
in the supply and purchase of ceramic tiles.
"We believe that this strategic relationship will result in our being asked to
participate in many real estate projects in the future," said Mr. Jiadong
Huang, CEO of China Ceramics. "The recent contract is a result of China
Ceramics' excellent reputation, our extensive product portfolio and our
ability to customize and design ceramic tiles according to customers' needs.
We plan upon working closely with China State Decoration Group to optimize the
execution of their real estate projects and hope to become a major supplier
for the company."
China State Decoration Group, Co., Ltd. has contributed its design,
decoration, materials and landscaping expertise to numerous high profile and
notable projects throughout China. The company develops and executes the
interior and exterior building needs of its parent company, China State
Construction Engineering Corporation (CSCEC), which is the largest real estate
construction company in China and the third largest in the world. CSCEC is a
state-owned enterprise with construction and real estate as its core business,
and has been responsible for many premier and large-scale projects both
domestically and internationally.
About China Ceramics Co., Ltd
China Ceramics Co., Ltd. is a leading manufacturer of ceramic tiles in China.
The Company's ceramic tiles are used for exterior siding, interior flooring,
and design in residential and commercial buildings. China Ceramics' products,
sold under the "Hengda" or "HD", "Hengdeli" or "HDL", the "TOERTO" and
"WULIQIAO" brands, and the "Pottery Capital of Tang Dynasty" brands, are
available in over 2,000 style, color and size combinations and are distributed
through a network of exclusive distributors as well as directly to large
property developers. For more information, please visit
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China Ceramics Co., CCG Investor Relations
Edmund Hen, Chief Financial David Rudnick, Account
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SOURCE China Ceramics Co., Ltd.
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