BOYUAN BEGINS NEW US $7.5 MILLION CONSTRUCTION PROJECT

Marina facilities will be used in the Sanya leg of Volvo Ocean Race in 2012

TORONTO, Dec. 6 /CNW/ - Boyuan Construction Group, Inc., (TSX: BOY & BOY.DB) a fast-growing construction company in China of commercial, residential and municipal infrastructure projects, announced today that it has initiated construction of a 40,000 square meter clubhouse facility in the new Serenity Marina located in Sanya, Hainan Island.   The project has a contract value of US $7.5 million and is expected to be completed by the second quarter of calendar 2011.  The new facility is being constructed, along with the 400,000 square meter marina, in preparation for the Sanya leg of the Volvo Ocean Race, scheduled for February, 2012.

"We are extremely proud of the role we are playing in the building up of Sanya, which has rapidly emerged as a major tourist and recreation destination," said Mr. Cai Liang Shou, Chairman of Boyuan Construction Group.  "The marina project speaks to Sanya's growing reputation on the world stage. Once the new clubhouse facility is completed, it will be our highest profile project to date given that it will be a stop-over destination in one of the world's major yacht sailing races."

Held every three years, the Volvo Ocean Race is a yacht race around the world.  The race covers approximately 39,000 nautical miles and takes more than nine months to complete.  Sanya will be the end destination of the third leg of the race from Abu Dhabi, United Arab Emirates and will be the starting point of the fourth leg, which will end in Auckland, New Zealand.  It is estimated that the race will reach a cumulative TV audience of 2 billion worldwide.  More details on the race can be found at http://www.volvooceanrace.com

About Boyuan Construction Group, Inc.

Based in Jiaxing City, China, Boyuan Construction Group, Inc. is in the business of commercial building and residential construction, municipal infrastructure and engineering projects.  In its last three fiscal years ending June 30, 2010, Boyuan completed more than 80 projects for a number of private and public sector clients including Cargill and the Dalian Shide Group, a billion dollar conglomerate whose partners include DuPont, Mitsubishi and General Electric.  Boyuan's current project backlog includes residential, commercial, industrial and mixed-use developments.  From its operating bases in Zhejiang Province and on Hainan Island, Boyuan focuses on construction projects in China's fast-growing regions of the Yangtze River Delta, the city of Sanya and Shandong Province. For more information visit www.boyuangroup.com or follow us on Twitter at www.twitter.com/boyuangroup.

Caution Regarding Forward-Looking Information:
Certain information contained in this press release constitutes forward-looking information, which is information relating to future events or the Company's future performance and which is inherently uncertain.  All information other than statements of historical fact may be forward-looking information.  Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking information contained in this press release includes, but is not limited to, the Company's expectations the completion of the Offering and the proposed use of proceeds of the offering.  Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.  The Company believes the expectations reflected in the forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and readers are cautioned not to place undue reliance on forward-looking information contained in this press release.  Some of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking information contained in this press release include, but are not limited to: risk of macro-economy cycle, risk from competition, risk from insufficient marketing to secure new projects, risk in obtaining additional financing, risk involving permits and licences, reliance on key management member, risk from supply of raw materials, risk of financial leverage, risk of bad debts in accounts receivables, risk involved in real estate development, foreign exchange fluctuations, political and economic conditions in China and other risks included in the preliminary prospectus, the Company's AIF for the fiscal year ended June 30, 2010 and in the Company's other public disclosure documents filed with certain Canadian securities regulatory authorities and available at www.sedar.com.  The forward-looking information contained in this press release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as otherwise required by law.

For further information:

Contacts