DIAMOND BAR, CA / ACCESSWIRE / March 20, 2018 / China Carbon Graphite Group, Inc. (OTC PINK:
CHGI) ("China Carbon" or the "Company") today announced that the research and development team of its subsidiary,
Royal Elite New Energy Science and Technology (Shanghai) Co., Ltd. ("Roycarbon") has applied for a patent on a new graphene/silver
composite with the State Intellectual Property Office of China. This new invention is forecasted to replace the current leading
cure for dermatomycosis. In fact, the powerful material has a bacterial killing rate of 99% when tested against staphylococcus
aureus, colibacillus and blastomyces albicans.
This graphene/silver composite can also be used as material for resin/polymer fiber industrial products, including
anti-bacterial PU insole and anti-bacterial PET fiber. As a result of its wide array of industrial and medical applications, this
innovative material will provide Roycarbon with further opportunities to expand into new markets.
"We are always eager to innovate and provide better alternatives. Our new product is expected to have greater anti-bacterial
effects than others," said Donghai Yu, CEO of the Company.
The patent, if issued, would extend patent protection until 2038.
About China Carbon Graphite Group, Inc.
China Carbon Graphite Group, Inc. (the "Company"), through its subsidiaries, is engaged in the sales of graphene and graphene
oxide and graphite bipolar plates in the People's Republic of China ("China" or the "PRC"). We also operate a business-to-business
and business-to-consumers Internet portal (www.roycarbon.com) for graphite related
products. The Company supplies end-users in graphite application zones including industries of steel, metallurgy, non-ferrous, PV,
energy storage, optical fiber, semiconductor, chemicals. In addition, through its sales channels, the Company supplies special
graphite blocks & rods, graphite electrodes, precision machined graphite parts & components, bipolar graphite plates, graphite
oxide, and graphene.
Safe Harbor Statement
This news release contains forward-looking statements. Without limiting the generality of the foregoing, words such as "may,"
"will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" or the negative or other variations thereof
or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to
expectations, projections or other characterizations of future events or circumstances are forward-looking statements. These
forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and
assumptions that are difficult to predict and many of which are beyond the control of China Carbon. Actual results may differ from
those projected in the forward-looking statements due to risks and uncertainties, as well as other risk factors that are described
more fully in China Carbon's annual report on Form 10-K that was filed with the SEC. Although China Carbon believes that the
assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore,
there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant
uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded
as a representation by China Carbon or any other person that their objectives or plans will be achieved. China Carbon does not
undertake any obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events
Contact:
Mr. Donghai Yu
Chief Executive Officer
China Carbon Graphite Group Inc.
909-843-6518
ir@chinacarboninc.com
SOURCE: China Carbon Graphite Group, Inc.