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China Gengsheng Minerals, Inc. Starts Trial Production of Fine Precision Abrasives

July 30, 2009

GONGYI, China, July 30 /PRNewswire-Asia-FirstCall/ — China Gengsheng
Minerals, Inc. (OTC Bulletin Board: CHGS) (“Gengsheng” or “the Company”), a
materials technology company in China with products capable of withstanding
high temperature, saving energy and boosting productivity in certain
industries such as steel and oil, today announced that it has started the
trial production of its new product, fine precision abrasives, at the
Company’s newly completed facilities in Gongyi City, Henan Province.

The abrasives are fine grains of silicon carbide, white fused alumina, and
blend materials used in the cutting and polishing of optical equipment,
semiconductors, and fine metal surfaces to improve finish quality. Currently
Gengsheng uses its patented technology to focus on producing lapping abrasives
and polishing compounds for the processing of silicon wafers. The facilities,
which were completed in April, have an annual production capacity of 20,000
tons.

“We are excited about the launch of the production phase of the
abrasives,” said Mr. Shunqing Zhang, Chairman and CEO of Gengsheng. “With
crude oil prices climbing back from depressed levels and the proverbial green
shoots occurring in the global economy, especially in China, we are confident
that this new product, along with our existing fracture proppant products,
which service the oil and gas industry, will benefit from the increased
activity in energy production.”

Gengsheng last year signed its first sales contract for the abrasives with
a Taiwan-based customer. The term of the contract is five years, with 300-500
tons of the product delivered each month. The value of the contract was not
disclosed.

About China Gengsheng Minerals, Inc.

China Gengsheng Minerals, Inc. (“Gengsheng”) develops, manufactures and
markets a broad range of high-tech industrial material products, including
monolithic refractories, industrial ceramics and fracture proppants. A market
leader offering customized solutions, Gengsheng sells its products primarily
to the iron-and-steel industry as heat-resistant components for steel-making
furnaces, industrial kilns and other high-temperature vessels to guarantee and
improve the productivity of those expensive pieces of equipment while reducing
their consumption of energy. Founded in 1986 and based in China’sHenan
province, Gengsheng currently has over 200 customers in the iron, steel, oil,
glass, cement, aluminum and chemical businesses located in China and in 11
other countries. Gengsheng conducts business through Gengsheng International
Corporation, a British Virgin Islands company, and its Chinese subsidiaries,
which are Henan Gengsheng Refractories Co., Ltd., Zhengzhou Duesail Fracture
Proppant Co., Ltd. and Henan Gengsheng High Temperature Materials Co., Ltd.

For more information about the Company, please visit
http://www.gengsheng.com .

Safe Harbor Statement

This press release may contain certain “forward-looking statements”
relating to the business of China Gengsheng Minerals, Inc., and its subsidiary
companies. All statements, other than statements of historical fact included
herein are “forward-looking statements” including statements regarding the
Company’s ability to meet its projected output for the term of the supply
contract; the general ability of the Company to achieve its commercial
objectives; the business strategy, plans and objectives of the Company and its
subsidiaries; and any other statements of non-historical information. These
forward-looking statements are often identified by the use of forward-looking
terminology such as “believes,” “expects” or similar expressions, involve
known and unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks and uncertainties, and these expectations
may prove to be incorrect. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release. The Company’s actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company’s periodic reports that are
filed with the Securities and Exchange Commission and available on its website
at http://www.sec.gov. All forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in their
entirety by these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking statements.

    For more information, please contact:

    In China:
     Mr. Shuai Zhang
     Investor Relations
     China Gengsheng Minerals, Inc.
     Email: shuai298@126.com

    In the U.S.:
     Mr. Valentine Ding
     Investor Relations
     Grayling
     Tel:   +1-646-284-9412
     Email: valentine.ding@us.grayling.com

SOURCE China Gengsheng Minerals, Inc.


Source: newswire



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