NEW YORK, May 12, 2009 (GLOBE NEWSWIRE) -- China Carbon Graphite Group, Inc. (OTCBB:CHGI), China's largest wholesale supplier of fine grain and high purity graphite, announced today that Crystal Equity Research, LLC has released a sponsored Focus Report on China Carbon Graphite Group (the "Company"). Crystals CER Report and FOCUS Report series feature promising micro-cap and special situation stocks. The comprehensive six page CER Focus Report covers such areas as Profile, Financial Performance, Investment Highlights, Business Strategy, Products, Leadership and Market Opportunity. To view the report on China Carbon please go to: http://www.crystalequityresearch.com/focus.html
About Crystal Equity Research, LLC
Crystal Equity Research, LLC is an independent research resource on small capitalization stocks, specializing in coverage of emerging companies in selected industries. The firm is a Registered Investment Advisor in the State of New York who provides their investing clients with alpha-generating analysis of a company's investment potential. They offer a non-consensus examination of financial performance as well as value-creating due diligence on recent events and a company's competitive position. They adhere to the Code of Ethics and Standards of Professional Conduct issued by the Chartered Financial Analyst Institute.
About China Carbon Graphite Group, Inc.
China Carbon is one of the nation's top three producers of specialty carbon and graphite products. The Company, through its affiliate, Xingyong Carbon Co., Ltd., manufactures carbon and graphite based products in China. The company is the largest wholesale supplier of fine grain and high purity graphite in China and one of the nation's top overall producers of carbon and graphite products. Fine grain graphite is widely used in smelting for colored metals and rare earth metal smelting as well as the manufacture of molds. High purity graphite is used in metallurgy, mechanical industry, aviation, electronic, atomic energy, chemical industry, food industry and a variety of other fields. In September 2007, the company was approved and designated by Ministry of Science & Technology as a "National Hi-tech Enterprise." Of the 400 plus carbon graphite producers in China, China Carbon is the only non-state-owned company to receive this honor. For more information, visit http://www.chinacarboninc.com.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release.