 1. What is CPSL's business? China Precision Steel, Inc. (NASDAQ: CPSL), is a niche precision steel processing company principally engaged in the production and sale of high-precision, cold rolled steel products. China Precision Steel, Inc. produces ultra-thin and high strength cold rolled precision steel strips ranging from 7.5 millimeter to 0.05 millimeter. The Company's specialty precision products are used in the manufacture of automobile components, saw blades, weaving needles, packaging and containers, and microelectronics. The Company also provides heat treatment, cutting and slitting services for medium and high-carbon steel strips. China Precision Steel's second cold rolling line, a 1400 mm cold-roll mill with 150,000 metric tons of design capacity, became operational at the beginning of October 2006. In 2008, the Company invested in a new continuous annealing line for producing high quality stainless steel and a new 1450mm cold rolling mill at its facilities in Shanghai to further strengthen its capacity and capabilities. The new cold rolling mill is expected to commence operation in June 2009.
2. What is CPSL's ticker symbol, exchange, and CUSIP?
Our ticker symbol is CPSL, our common stock trades on the NASDAQ Capital Market®, and our CUSIP number is 16941J106.
3. When was CPSL founded?
Shanghai Chengtong Precision Strip Company Limited ("Chengtong"), CPSL's wholly owned and operating subsidiary, was registered on July 2, 2002 in Jiading District, Shanghai, the People's Republic of China. Chengtong is a Wholly Foreign Owned Enterprise ("WFOE") of Partner Success Holdings Limited ("PSHL"), which in turn, is a wholly-owned subsidiary of CPSL and was incorporated as an international business company on April 30, 2002 under the laws of the British Virgin Islands. Chengtong started production from its fist cold rolling line on Feb 28th, 2003.
4. How many of the Company's shares are outstanding?
As of March 31, 2010, the Company's diluted weighted average shares outstanding were 46,562,955.
5. When is the next earnings release?
CPSL's quarterly earnings reports are tentatively scheduled to be released 6 weeks following a quarter-end and 10 weeks following the year-end. All earnings releases are posted on our website.
6. What is CPSL's fiscal year and corresponding quarter-end dates?
We operate on a fiscal year that runs from July 1st – June 30th. Quarter-ends are: September 30 (Q1), December 31 (Q2), March 31 (Q3), and June 30 (Q4).
7. How can I get on an e-mail list to receive all press releases?
To automatically receive email alerts for the information categories that interest you, please click on Email Alerts and submit your email address.
8. Who is CPSL's outside Investor Relations firm?
9. Who are CPSL's Independent Chartered Public Accountants?
Our independent Chartered Public Accountants are Moore Stephens.
10. Who is CPSL's outside legal counsel?
Pillsbury Winthrop Shaw Pittman LLP is our principal outside legal counsel.
12. How many employees does CPSL have?
We had a total of 331 employees, including 45 senior management and technical staff members as of June 30, 2009.
13. Does CPSL have any subsidiaries?
China Precision Steel, Inc. owns 100% of the issued and outstanding shares of Partner Success Holdings Limited, which in turn, owns 100% of the issued and outstanding shares of Shanghai Chengtong Precision Strip Company Limited, the operating subsidiary of the Company.
14. Who is CPSL's transfer agent and registrar?
Corporate Stock Transfer, 3300 Cherry Creek Drive South, Suite 430, Denver, Colorado 80209, currently acts as the Company's transfer agent and registrar. | 
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