China Gengsheng Minerals, Inc., leading Chinese manufacturer of materials for certain industries such as steel an oil, conducting business through its BVI-registered subsidiary Gengsheng International Corporation, announced that it has signed a fracture proppants supply contract with Jilin Oil Group Co., Ltd., a wholly owned subsidiary of China National Petroleum Corporation (CNPC). The total value of the contract for company’s oil field operations in Jilin province is $1.6 mln. By the terms of the contract, Gengsheng will start shipping fracture proppants immediately through the end of 2008.