DGAP-News: Asian Bamboo remains one of the fastest growing companies in China

DGAP-News: Asian Bamboo remains one of the fastest growing companies in China

ID: 33085

(firmenpresse) - DGAP-News: Asian Bamboo AG / Key word(s): Miscellaneous
Asian Bamboo remains one of the fastest growing companies in China

31.01.2011 / 08:56

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Hamburg, 31 January 2011 - Asian Bamboo AG ('Asian Bamboo', 'the Company',
ISIN: DE000A0M6M79, ticker symbol: '5AB', ADR ticker symbol 'ASIBY'), a
world-leading integrated company in the bamboo industry, is pleased to
announce that it is ranked as the 39th fastest growing company in China by
Forbes magazine. This is the second year in a row that Asian Bamboo appears
on the list which includes 200 companies.

The ranking assessed the performance of small and medium-sized listed and
unlisted companies based on three-year growth rates in revenue, net profit
and return on assets. The complete list, in Chinese, can be accessed at:
http://www.forbeschina.com/list/1008/more.

Xinrixian Village Development Fund is supporting the reconstruction of a
school

Asian Bamboo is pleased to announce that its Xinrixian Village Development
Fund ('the Fund') is supporting the reconstruction of a primary school,
located in Heyuan Village in Shaowu City, which was severely damaged by
heavy rain in June 2010. Following the reconstruction, which is expected to
be completed by August 2011, the school will be able to increase the number
of students from 40 to 120.

The fund, which was launched in March 2010, financially supports worthwhile
projects in the regions where the company operates with the aim of
improving living conditions for farmers and their families.



For enquiries, please contact:

Asian Bamboo AG:
Peter Sjovall +852-9385 3868
Chief Financial Officer
Anja Holst +49-(0)40 37644 798
Investor Relations Manager


End of Corporate News

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31.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Asian Bamboo AG
Stadthausbrücke 1-3
20355 Hamburg
Deutschland
Phone: +49 40 37644 798
Fax: +49 40 37644 500
E-mail: info(at)asian-bamboo.de
Internet: www.asian-bamboo.de
ISIN: DE000A0M6M79, DE000A0M6M79
WKN: A0M6M7, A0M6M7
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart


End of News DGAP News-Service
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110305 31.01.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 31.01.2011 - 08:56 Uhr
Sprache: Deutsch
News-ID 33085
Anzahl Zeichen: 0

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