JINJIANG, China, Jan. 12, 2011 /PRNewswire-Asia-FirstCall/ -- China Ceramics Co., Ltd. (Nasdaq: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced it has been approved to list its shares, warrants and units on the NASDAQ Global Market.
China Ceramics expects its securities to begin trading on the NASDAQ Global Market on January 18, 2011, until which time its securities will continue to trade on the NASDAQ Capital Market. China Ceramics' trading symbol will remain "CCCL".
"We are honored to be approved to list on the NASDAQ Global Market and be part of a group that includes some of the world's most distinguished companies," commented Mr. Jiadong Huang, Chief Executive Officer of China Ceramics. "This is an important milestone for our business which will contribute to increase our visibility and reinforce our commitment to enhance our corporate governance and create lasting shareholder value."
About China Ceramics Co., Ltd.
China Ceramics Co., Ltd., formerly China Holdings Acquisition Corp., is a leading manufacturer of ceramic tiles in China. The company's ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings. China Ceramics' products, sold under the "Hengda" or "HD" brand, the "Hengdeli" or "HDL" brand, "TOERTO" and "WULIQIAO" brands, are available in over 2000 styles, colors and sizes combinations and are distributed through a network of exclusive distributors or directly to large property developers. For more information, please visit http://www.cceramics.com .
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include but are not limited to, statements regarding China Ceramics' acquisition strategies, timing of development projects and efforts to achieve business growth, improvement on profit margin and anticipated revenue growth. Actual results may differ materially depending on a number of risk factors including but not limited to, the following: general economic and business conditions, development, shipment and market acceptance of products, additional competition from existing and new competitors, changes in technology or product techniques, and various other factors beyond the Company's control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risk factors detailed in the Company's reports filed with the Securities and Exchange Commission. China Ceramics undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Contact Information: China Ceramics Co., Ltd. CCG Investor Relations Inc. Edmund Hen, Chief Financial Officer Mr. Ed Job, CFA - Sr. Account Manager Email: info@cceramics.com Phone: +1-646-213-1914 Email: ed.job@ccgir.com Mr. Bryan Blake, Sr. MI Executive Phone : +1-646-833-3416 Email: bryan.blake@ccgir.com www.ccgirasia.com