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China Architectural Engineering Announces Agreement to Sell Common Stock- Majority of Proceeds to Develop Nine Dragon Resort -ZHUHAI, China and LOS ANGELES, Aug. 7 /PRNewswire-Asia/ — China Architectural Engineering, Inc. (”CAE” or the “Company”) (NASDAQ:CAEI), a leader in the design, engineering, fabrication and installation of high-end building envelope systems, today announced that it has agreed to sell 17 million shares of its common stock at a price of $1.65 per share to certain qualified i

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