LIAONING PROVINCE, China, March 13 /PRNewswire-FirstCall/ -- China Sun Group High-Tech Co. (OTC:CSGH) (BULLETIN BOARD: CSGH) , which through its majority- owned subsidiary Da Lian Xin Yang High-Tech Development Co. Ltd ("DLX") has the second largest cobalt series production capacity in the People's Republic of China, announced today that it has made technological improvements to its production line by increasing the lifetime and performance of mixing bowls used during anode material production. DLX's in-house technical staff has developed a new material that enables the mixing bowl to achieve uniform heat conduction and increase the stability of anode materials. As a result of the Company's new innovation, the life cycle of the bowl's use has been extended from 30 uses per bowl to 180 uses per bowl. At the same time, the working temperature inside the bowl can be raised from 900 degrees C to 1280 degrees C, shortening the calcining time (thermal treatment process) from 6.5 hours to 5 hours. "The versatility of this unique material enables us to increase production of anode materials, while lowering our direct costs from 1.26RMB to 0.44 RMB per bowl use, or $0.18 to $0.06 USD per bowl use. The total cost of our finished goods can be now be decreased by 820 RMB per ton or $116 USD per ton," said Wang Bin, CEO of China Sun Group High-Tech Co. About China Sun Group High-Tech Co. China Sun Group High-Tech Co., formerly known as Capital Resource Funding, produces anode materials used in lithium ion batteries. Through its majority- owned operating subsidiary, Da Lian Xin Yang High-Tech Development Co. Ltd ("DLX"), the company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in China. Through its R&D group, DLX owns a proprietary series of nanometer technologies that supply state-of-the- art components for advanced lithium ion batteries. Leveraging its technological leadership in China, high-quality product line and scalable production capacity, DLX plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including lithium ion batteries. For more information, visit http://www.china-sun.cn/English/Aboutus.asp. Safe Harbor Statement The statements contained herein that are not historical facts are considered "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, statements regarding the potential growth of the markets are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the effect of political, economic, and market conditions and geopolitical events; legislative and regulatory changes that affect our business; the availability of funds and working capital; the actions and initiatives of current and potential competitors; investor sentiment; and our reputation. We do not undertake any responsibility to publicly release any revisions to these forward-looking statements to take into account events or circumstances that occur after the date of this report. Additionally, we do not undertake any responsibility to update you on the occurrence of any unanticipated events, which may cause actual results to differ from those expressed or implied by any forward-looking statements. The factors discussed herein are expressed from time to time in our filings with the Securities and Exchange Commission available at http://www.sec.gov/. DATASOURCE: China Sun Group High-Tech Co. CONTACT: Thomas Yang, Assistant to the President, China Sun Group, +1-917-432-9350, , or Geoff Eiten, Investor Relations, OTC Financial Network, +1-781-444-6100 Ext.613, Web site: http://www.china-sun.cn/ http://www.china-sun.cn/English/Aboutus.asp http://www.otcfn.com/csgh http://www.sec.gov/

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