New China Ventures Ltd.

New China Ventures Commences Negotations to Acquire a 20% Interest in the Xinyu City Water Utility in Jiangxi Province, China

New China Ventures Ltd. (OTC PK: NCVL), a Chinese water company involved in infrastructure development, consultancy and ancillary products and services, announces that negotiations have commenced to acquire a 20% interest in the municipal water system in Xinyu City, Jiangxi Province in central eastern China.