China Liansu Named Among The Asset Triple A China's Most Promising Companies 2011

HONG KONG, Feb. 29, 2012 /PRNewswire-Asia/ -- China Liansu Group Holdings Limited ("China Liansu" or the "Company" and, together with its subsidiaries, the "Group", stock code: 2128), a leading manufacturer of plastic pipes and pipe fittings in China, has received China's Most Promising Companies 2011 awards in The Asset magazine's annual Triple A awards.

A total of 20 outstanding companies received the honor this year. China Liansu was the only winner in the category of basic materials. Other winners included Industrial and Commercial Bank of China, China Telecom and Ping An Insurance (Group) Company of China Ltd. The Asset came up with its shortlist after evaluating criteria including financial performance, growth strategy, competitiveness within the industry and corporate governance standards.

Mr. Wong Luen Hei, Chairman, Executive Director and Founder of China Liansu, said, "We feel honored that China Liansu has been named The Asset Triple A China's Most Promising Companies 2011. The award is a recognition and encouragement not only for China Liansu, but also its management and staff. Since its listing on the Hong Kong Stock Exchange in 2010, China Liansu has further focused on developing itself into a Chinese famous brand. With our leading position in the plastic pipe and pipe fitting industry, we have a positive outlook for a healthy and stable development."

The Asset Publishing and Research Ltd. is an integrated multi-media company serving the elite community of leading corporate and financial decision makers in Asia. The Asset's annual Triple A honours are the most prestigious in the finance industry due to their rigorous assessment process. The awards recognize institutions and individuals that have made a significant contribution to the development of the finance industry in Asia.

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