Boyuan Construction Group Completes Voluntary Delisting from the Toronto Stock Exchange

TORONTO, Aug. 28, 2020 /CNW/ - Boyuan Construction Group, Inc. (the "Company") announced that that following the receipt of final approval from the Toronto Stock Exchange, the Company completed the voluntary delisting of its common shares from the Toronto Stock Exchange as at the closing of the market on August 27, 2020. The Company will apply to the applicable Canadian securities regulatory authorities to cease to be a reporting issuer in each Canadian jurisdiction in which it is a reporting issuer. 

About Boyuan Construction Group, Inc.

Backed by a longstanding track record, Boyuan Construction Group, Inc. ("Boyuan" or the "Company") has the knowledge and expertise to design and build a wide range of commercial and residential developments, as well as municipal infrastructure and engineering projects. Based in Jiaxing City and with a growing presence in both Zhejiang Province and Hainan Province, Boyuan focuses on construction projects in China's fast-growing regions of the Yangtze River Delta and the Hainan Province. The Company's current project backlog includes residential, commercial, industrial and mixed-use developments. For more information visit www.boyuangroup.cn.

Forward-Looking Statements:

This news release contains forward-looking statements relating to the management's intention to file application to the securities commissions to cease to be a reporting issuer. Such forward-looking statements are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements may differ materially from actual results or events. As a result, you are cautioned not to place undue reliance on these forward-looking statements.

The forward-looking statements contained in this news release are made as of the date of this release. Except as required by applicable law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For additional information with respect to certain of these and other assumptions and risks, please refer to the management circular dated July 20, 2020 filed by the Company with the applicable securities commissions, which will be available at www.sedar.com.

SOURCE Boyuan Construction Group, Inc.

Boyuan Construction Group, Paul Law, CFO, +(852) 9329 5088, [email protected]; NATIONAL Capital Markets, Trevor Heisler, Investor Relations, [phone], [email protected]