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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, household appliances, saw blades, weaving needles, packaging and containers, and microelectronics. Due to China's recent global recovery, the majority of CPS's products are sold in China. However, the Company continues to focus on expanding its export business as it is increasingly recognized as a manufacturer of high quality, internationally competitive precision steel products.
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Overview 
