China Gengsheng Minerals, Inc. Wins Fracture Proppants Contract with Huabei Oil Management

Company to Deliver 1,000 Tons of Material to Enhance Oil Field Yield

China GengshengMinerals, Inc. (OTC Bulletin Board: CHGS), 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 signed a fracture proppants supply contract with Huabei Oil Management Company in Renqiu, Hebei province.

According to the contract, Gengsheng will start shipping a total of 1,000 tons of high-density fracture proppants immediately through July 31, 2009.

In the first half of 2008, the Company has inked a total of $5.3 million contracts to supply fracture proppants to major Chinese oil companies, including China National Petroleum Corporation, China National Offshore Oil Corporation, and China Petroleum and Chemical Corporation.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.