CHINA PRECISION STEEL INC
Sector: China Stocks
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China Precision Steel, Inc., through its subsidiary, Shanghai Chengtong Precision Strip Co., Limited, operates as a precision steel processing company that engages in the production and sale of high precision cold-rolled steel products in the People's Republic of China. It produces thin cold-rolled precision steel strips ranging from 3.0 mm to 0.03 mm. The company also provides services, such as heat treatment and cutting of medium and high carbon hot-rolled steel strips and chrome series stainless steel. China Precision Steel's products are primarily used in the manufacture of automobile parts and components, food packaging materials, saw blades, textile needles, microelectronics, packing, and containers. The company was founded in 2002 and is headquartered in Sheung Wan, Hong Kong.