GONGYI, China, Nov. 9, 2011  -- China GengSheng Minerals, Inc. (CHGS.AMEX), a leading China-based high-tech industrial materials manufacturer producing heat resistant, energy efficient materials for a variety of industrial applications, today confirmed that in view of unusual market activity in its common stock on Monday, November 7, 2011, the NYSE Amex contacted the Company in accordance with its standard practices. The Company stated that its policy is not to comment on unusual market activity, and is unaware of any non-public information that would account for the unusual trading activity.

Additionally, the Company announced that it plans to issue its third quarter 2011 financial results press release and file the corresponding quarterly report on form 10-Q after the close of trading on Thursday, November 10, 2011 rather than before the open of trading on Friday, November 11, 2011, as announced previously.

GengSheng's third quarter 2011 financial results conference call will be held at 8:00 a.m. ET (9:00 p.m. Beijing time) on Friday November 11, 2011, as previously scheduled. To participate in the call, please dial (877) 407-9205 in the U.S. and Canada, or (201) 689-8054 internationally.

For those unable to participate, an audio replay of the call will be available beginning approximately one hour after the conclusion of the live call through November 25, 2011. The audio replay can be accessed by dialing (877) 660-6853 in the U.S. and Canada, or (201) 612-7415 internationally, and entering account number 286 and conference ID 381628.

The call will also be available as a live, listen-only webcast under the "Events Calendar" section of the Company's website at http://www.gengsheng.com/english/affair.aspx. Following the live webcast, an online archive will be available for one year.