China Gengsheng Minerals Announces New Breakthrough in Castable Technology to Enhance Safety and Longevity of Heating Furnaces in Industrial Processes

October 1, 2009

GONGYI, China, Oct. 1 /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 made a major
breakthrough in industrial material technology with the invention of a new
type of castables.

The new castable product, called Si-Enhanced Anti-Creep High-Aluminum
Castable (SEAC HAC), is created by adding silicon and other minerals to the
traditional raw material such as bauxite so that the finished product has the
characteristic of much lower probability of creep, which is a gradual change
of shape under stress during high-temperature industrial processes, for
heating furnaces at steel mills and other industrial plants.

On September 29, 2009, the Science & Technology Bureau of Zhengzhou City,
Henan Province reviewed the testing results of Gengsheng’s SEAC HAC and more
than 10 industrial material experts from regional universities such as Wuhan
Science & Technology University, Henan Science & Technology University,
Zhengzhou University, and Henan Space Institute, as well as engineers from
Shanghai Baosteel at the product evaluation event acknowledged the potential
applications of this new product. Gengsheng has filed a patent for the SEAC
HAC, which has also been confirmed to meet the Q/HGS 015-2009 national
standards as published by China’s National Refractory Product Quality
Inspection Center.

“Gengsheng’s pipeline for new products has never been stronger, thanks to
our steady effort to ratchet up our R&D,” said Mr. Shunqing Zhang, Chairman
and CEO of Gengsheng. “After the introduction of our light castables as an
energy-saving back lining in the industrial furnace, we are now announcing
this more significant innovation, which has been accepted for trial use by
four major steel companies in China. Our SEAC HAC can extend the lifespan of
industrial furnaces by up to 30% and it has much wider application and greater
market potential than all of our previous innovations, as high-aluminum
castables currently make up almost half of China’s$5 billion monolithic
refractory market. Our strategy is to increase our marketing effort for this
new product at industry shows, through positive feedback from our existing
customers and with the endorsement of research institutes.”

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
    Tel:  +1-646-284-9412
    Email: valentine.ding@us.grayling.com

SOURCE China Gengsheng Minerals, Inc.

Source: newswire

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