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China GengSheng Minerals Launches Fine Precision Abrasives

September 14, 2010

GONGYI, China, Sept. 14 /PRNewswire-Asia-FirstCall/ — China GengSheng
Minerals, Inc. (AMEX: CHGS), a leading China-based high-tech industrial
materials manufacturer producing heat resistant, energy efficient materials
for a variety of industrial applications, today announced that the Company has
commercially launched its fine precision abrasive product, and has begun
shipping product under its first three supply contracts. These initial sales
are to companies in solar-related industries. Shipments to these customers
commenced in August 2010 and are expected to continue through the fourth
quarter. The contracts carry a total value of approximately $500,000, with
$150,000 being realized in the third quarter of 2010.

Fine precision abrasives, made from green silicon carbide (“SiC”), are
ultra-fine, high-strength pellets with uniform shape, designed for use in
surface polishing and precision slicing of solar panels. China GengSheng’s
design capacity is 20,000 metric tons annually.

“The launch of our fine precision abrasives product represents a
significant milestone for China GengSheng Minerals, as it expands our reach
into important new markets,” said Mr. Shunqing Zhang, China GengSheng’s
Chairman and Chief Executive Officer, “The initial focus of our sales efforts
will be on the solar industry and related sectors, as we believe these markets
present the greatest near-term growth potential. In the longer term, we plan
to expand our fine precision abrasives product family to include applications
in surface polishing, which will address the needs of industries such as
semiconductors, electronics and industrial equipment.”

“Our strong IP portfolio and concerted R&D effort in fine precision
abrasives provide China GengSheng Minerals a significant competitive advantage
in an area that we believe presents a tremendous growth opportunity for the
Company as the market begins to mature. Fine precision abrasives enjoy higher
margins than our core refractories and fracture proppant products, and we are
confident in our ability to compete in this sizeable market,” Mr. Zhang
concluded.

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 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., Henan GengSheng Micronized Powder Materials Co., Ltd,
Guizhou SouthEast Prefecture Co., Ltd., GengSheng New Materials Co., Ltd, and
Henan GengSheng High Temperature Materials Co., Ltd.

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

To be added to the Company’s email distribution for future press releases,
please send your request to gengsheng@tpg-ir.com .

Note Regarding Forward-Looking Statements

This filing contains statements that are forward-looking within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements are only
predictions and are not guarantees of future performance. Investors are
cautioned that any such forward-looking statements are and will be, as the
case may be, subject to many risks, uncertainties, certain assumptions and
factors relating to the operations and business environments of China
GengSheng Minerals, Inc. and its subsidiaries that may cause the actual
results of the companies to be materially different from any future results
expressed or implied in such forward-looking statements. Although China
GengSheng Minerals, Inc. believes that the expectations and assumptions
reflected in the forward-looking statements are reasonable based on
information currently available to its management, China GengSheng Minerals,
Inc. cannot guarantee future results or events. China GengSheng Minerals, Inc.
expressly disclaims a duty to update any of the forward-looking statement

    For more information, please contact:

    The Piacente Group, Inc.
     Investor Relations
     Brandi Floberg or Lee Roth
     Tel:   +1-212-481-2050
     Email: gengsheng@tpg-ir.com

    China Gengsheng Minerals, Inc.
     Investor Relations
     Mr. Shuai Zhang
     Email: gszs@gengsheng.com
     Tel:   +86-135-2551-0415

SOURCE China GengSheng Minerals, Inc.


Source: newswire