China Carbon Graphite Group, Inc. Announces the Appointment of New Board Director

China Carbon Graphite Group, Inc. logo

INNER MONGOLIA, China, May 14, 2013 (GLOBE NEWSWIRE) -- China Carbon Graphite Group, Inc. (OTCBB:CHGI) ("China Carbon" or the "Company"), the largest wholesale supplier of fine-grain and high-purity graphite in China and one of the nation's top manufacturers of carbon and graphite products, today announced the Board of Directors has appointed Mr. Dong Jin as its new Director, effective immediately.

In 2006, Mr. Jin graduated from Massey University in New Zealand and majored in Business. In the same year, Mr. Jin joined China Carbon Graphite Group, Inc. as the production manager. In 2010, Mr. Jin served the company as the Vice President of Sales, leading 26 sales representatives and distributing the company's products to over 200 customers in 22 provinces in China. Spending 6 years at China Carbon, Mr. Jin has been actively involved in each area of the Company's daily operations, such as accounting, manufacturing, sales, finance and business development. By taking such a crucial role at the company, Mr. Jin has established significant leadership in the management team driving the company forward.

"We are pleased to welcome Mr. Jin to our Board. The new Director appointment will enhance our Board's expertise in the company's key areas, including industry knowledge and manufacturing. By having Mr. Jin on our team, we will be able to strengthen the communication with the front line operations and improve the public relations by better conveying the most accurate and recent information to our shareholders. We welcome the experience which Mr. Jin brings to our Board and look forward to his contribution to the Company in 2013 and beyond," said Donghai Yu, the CEO of China Carbon Graphite Group, Inc.

About China Carbon Graphite Group, Inc.

China Carbon Graphite Group, Inc., through its affiliate, Xingyong Carbon Co., Ltd., manufactures graphite and carbon 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 the Ministry of Science & Technology as a "National Hi-tech Enterprise," a distinction that the Company still holds. Of the more than 400 carbon graphite producers in China, China Carbon is the only non-state-owned company to receive this honor. For more information, please visit 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. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors set forth in the Company's annual report on Form 10-K and quarterly reports on Form 10-Q.

CONTACT: Investor Contact: Renee A. Volaric, Director RB Milestone Group LLC (212) 661-0075 x 113 rvolaric@rbmilestone.com

Source:China Carbon Graphite Group, Inc.