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China Advanced Construction Materials Group, Inc. (NASDAQ:CADC), a leading provider of ready-mix concrete and related technical services in China, announced that the special committee of its Board of Directors ("Special Committee"), formed to consider, among other things, the proposal stated in the letter received by its Board of Directors from the Company's Chairman and Chief Executive Officer, Mr.   Xianfu Han, and Vice Chairman and Chief Operating Officer, Mr.   Weile He, retained William Blair & Company, L.L.C.   as its financial advisor to assist the Special Committee in its work.

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