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 OVERVIEW |
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| China Precision Steel (CPS) is a niche, high value-added steel processing company engaged in processing commodity steel to create a specialty premium steel which yields above industry gross margins. The Company manufactures and sells high precision ultra-thin (7.5 mm to 0.03 mm) cold rolled steel products and provides heat treatment, cutting and slitting for medium and high carbon steel strips. Specialty precision steel pertains to the precision of measurements and tolerances of thickness, shape, width, surface finish, and other special quality features of highly engineered end use applications such as automobile components, saw blades, weaving needles, packaging and containers, and microelectronics. CPS primarily sells its products in China, but over the past year has begun increasing its exports to Nigeria, Ethiopia, Thailand, Indonesia and the Philippines and plans to continue building its export business in order to become a highly recognized international competitor in ultra-thin steel.
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Overview 
