(CCTR) China Crescent Shanghai Trade Mission and $160 Million Letter of Intent Featured in Exclusive Webcast

DALLAS, TX--(Marketwire - June 3, 2010) - China Crescent Enterprises, Inc. (OTCBB: CCTR) has been featured in a Greenfield Partner Webcast that reviews the Company's recent trade mission to Shanghai and highlights a previously announced $160 million letter of intent. Last week, China Crescent hosted a Trade Mission to Shanghai in conjunction with the 2010 World's Fair. The Trade Mission was concentrated on expanding opportunities within China and developing channel partners to provide brand-name Chinese-based technologies in East Africa. The $160 million letter of intent is in conjunction with a $1.6 million original design manufacturing (ODM) purchase order China Crescent received from a confidential Japanese customer for 100 sets of a special purpose Wi-Fi communication device. Based on a formal letter of intent, the Japanese customer has committed to purchase 10,000 of the custom Wi-Fi devices for a total of $160 million over the next three years, subject to the performance of the first 100 sets. The Webcast is available for on-demand review at http://www.newmarkettechnology.com/wcgf_20100602.htm.

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About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent is a systems integration service provider that markets technology outsourcing services in China including the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. Following a strategic acquisition last year, the Company expanded its business line to include original design manufacturing (ODM). China Crescent reported $45 million in profitable revenue in 2009 after reporting over $40 million in revenue for both 2007 and 2008 and has set a goal of reaching $100 million in revenue in 2010.

Headquartered in Dallas with operations in Shanghai, Shenzhen, Dalian and Beijing, China Crescent bridges the gap between global business cultures to assist clients worldwide realize the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause China Crescent's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

Contact Information:

Contact:
China Crescent Enterprises, Inc.
ir@chinacrescent.com
214-722-3060