Arbor Inc. changes name to China Granite Corporation and breaks ground on a new processing yard MIAMI, FL, March 12 /PRNewswire-FirstCall/ -- Arbor Inc. (ARBR:OTCBB) announced today that the Company has changed its name to China Granite Corporation and its trading symbol has been changed to CGNT on the Over the Counter Bulletin Board. The Company is a Nevada corporation with its corporate office located in Miami, Florida. The change of name and symbol reflects the Company's recent acquisition of China Laizhou Bay Mining International Corporation a corporation organized under the laws of the British Virgin Islands ("Laizhou"). The Company intends on continuing the business operations of Laizhou, which conducts granite mining and processing operations in the People's Republic of China through its wholly owned subsidiary, Laizhou Jia Sheng Stone Company, a limited liability company organized under the laws of the People's Republic of China. The Company, through its subsidiaries, owns and operates two quarries in the Province of Shandong, near the city of Laizhou in China. It also owns and operates a processing yards and related buildings in the city of Laizhou. At present, 95% of the granite material currently mined by the Company is sold for use in the booming domestic construction sector in Northeastern China. The Company is also pleased to announce that it has broken ground on a new processing yard in Laizhou, China. The yard will have seven buildings, and will be equipped with state-of-the-art equipment and focus on high-volume production of granite slabs and tiles. Upon completion of the new processing yard, the Company will have an increased capacity to service the expanding domestic demand. The Company's existing yard will be phased-out in due course. The Company's President, Mr. Chen Dong, stated, "We have an opportunity to do something very special. We are creating a model of how to combine business leadership and mining skills from Europe, the Americas and China. We are undertaking a technological upgrade of our mines and our factory processing equipment. These changes, among others, will help place us in position to compete with other large suppliers of quality granite products in China." FORWARD-LOOKING STATEMENTS Thispress release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements regarding potential results and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to, the results of geologic surveys, the outcome of assays and additional sampling and drilling efforts, the availability of funding for the future exploration and development of the Company and or projects, potential governmental regulation and other factors that will be disclosed under the heading "Risk Factors" and elsewhere in our documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities. Contact information: China Granite Corporation Michael Miller Vice President of Investor Relations, E-mail: DATASOURCE: Arbor Inc. CONTACT: China Granite Corporation, Michael Miller, Vice President of Investor Relations, E-mail:

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