China XD Plastics Chairman and CEO to Ring Opening Bell at NASDAQ Stock Market

HARBIN, China, Nov. 25 /PRNewswire-Asia-FirstCall/ — China XD Plastics
Company Ltd. (“China XD Plastics” or the “Company”),
(OTC Bulletin Board: CXDC, Nasdaq: CXDC), the largest Chinese manufacturer in
the development, manufacture, and distribution of modified plastics primarily
for use in the automotive applications in China, today announced that the
Company Chairman and Chief Executive Officer will ring the Opening Bell at the
NASDAQ MarketSite in New York City on Thursday, December 3, 2009 at 9:30 a.m.
ET to celebrate the Company’s listing on the NASDAQ Stock Market.

China XD Plastics will begin trading on the NASDAQ Global Market on
November 27, 2009, under the ticker symbol “CXDC”. Until such time, its common
stock will continue to trade on the Over the Counter Bulletin Board under the
same ticker symbol.

“We are delighted to ring the opening bell at the NASDAQ MarketSite to
celebrate our listing on one of the most prestigious equity markets in the
world,” said Mr. Jie Han, Chairman and Chief Executive Officer of China XD
Plastics. “We are very proud to have our shares traded on NASDAQ less than one
year after going public on the OTC market, and we would like to take this
opportunity to express our sincere gratitude to our shareholders, dedicated
employees, board of directors, management team, and all other parties who have
contributed to our success in reaching this point today.”

A live webcast of the NASDAQ Opening Bell (starting from 9:20 a.m. ET)
will be available at:

http://www.nasdaq.com/about/marketsitetowervideo.asx

About China XD Plastics Company Ltd.

China XD Plastics Company Ltd., through its wholly owned subsidiary Harbin
Xinda Macromolecule Material (“Xinda”), develops, manufactures, and
distributes modified plastics, primarily for automotive applications. The
Company’s specialized plastics are used in the exterior and interior trim and
in the functional components of more than 30 automobile brands manufactured in
China including Audi, Red Flag, Volkswagen and Mazda. The Company’s
wholly-owned research institute is dedicated to the research and development
of modified plastics, and benefits from the cooperation with well-known
scientists from prestigious universities in China. As of the end of September
30, 2009, 137 products that Xinda manufactured have been certified for use by
one or more of the automobile manufacturers in China. For more information
please visit http://www.chinaxd.net .

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. All statements other than statements of historical fact in this
announcement are forward-looking statements, including but not limited to, the
Company’s ability to increase the number of certifications; the Company’s
ability to introduce new product applications for automobiles; the
effectiveness, profitability, and the marketability of its products; the
Company’s ability to successfully expand its production capacity; the
company’s ability to protect its proprietary information; general economic and
business conditions; the volatility of the company’s operating results and
financial condition; the company’s ability to attract or retain qualified
senior management personnel and research and development staff; and other
risks detailed in the company’s filings with the Securities and Exchange
Commission and available on its website at http://www.sec.gov . These
forward-looking statements involve known and unknown risks and uncertainties
and are based on current expectations, assumptions, estimates and projections
about the companies and the industry. The company undertakes no obligation to
update forward-looking statements to reflect subsequent occurring events or
circumstances, or to changes in its expectations, except as may be required by
law. Although the company believes that the expectations expressed in these
forward looking statements are reasonable, they cannot assure you that their
expectations will turn out to be correct, and investors are cautioned that
actual results may differ materially from the anticipated results.

    For more information, please contact:

    China XD Plastics Company Ltd.
     Mr. Taylor Zhang, CFO
     Phone: +1-212-747-1118 (New York)

     Mr. Allan Lao, IR Director
     Phone: +86-451-84346600 (China)
     Email: cxdc@chinaxd.net

    CCG Investor Relations Inc.
     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915 (New York)

     Mr. Ed Job, CFA
     Phone: +1-646-213-1914 (New York)
     Email: ed.job@ccgir.com
     Web:   http://www.ccgirasia.com

SOURCE China XD Plastics Company Ltd.