May 10, 2012 at 09:00 AM EDT
China Precision Steel Announces Conference Call to Discuss Third Quarter Fiscal 2012 Results

SHANGHAI, May 10, 2012 /PRNewswire-Asia/ -- China Precision Steel, Inc. (NASDAQ: CPSL) ("China Precision Steel" or the "Company"), a niche precision steel processing company principally engaged in producing and selling high precision cold-rolled steel products, today announced that it will conduct a conference call at 9:00 a.m. Eastern Time on Wednesday, May 16, 2012 to discuss the third quarter fiscal 2012 results.

Ms. Leada Li, Chief Financial Officer of China Precision Steel, will be leading the call.

To participate in the live conference call, please dial the following number fifteen minutes prior to the scheduled conference call time: 866-800-8648, international callers should dial 617-614-2702; conference passcode is 335 847 90.

If you are unable to participate in the call at this time, a replay will be available for 14 days starting on Tuesday, February 21, 2012 at 11:00 a.m. Eastern Time. To access the replay, dial 888-286-8010 and enter the passcode 18783351. International callers should dial 617-801-6888 and enter the same passcode.

This conference call will be broadcast live over the Internet and may be accessed by clicking on http://www.chinaprecisionsteelinc.com. Please access the link at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a 90-day replay will be available shortly after the call by accessing the same link.

About China Precision Steel, Inc.

China Precision Steel, Inc. is a niche precision steel processing company principally engaged in the production and sale of high precision cold-rolled steel products and provides value added services such as heat treatment and cutting medium and high carbon hot-rolled steel strips. China Precision Steel's high precision, ultra-thin, high strength (7.5 mm to 0.05 mm) cold-rolled steel products are mainly used in the production of automotive components, food packaging materials, saw blades and textile needles. The Company primarily sells to manufacturers in the People's Republic of China and is expanding into overseas markets such as Nigeria, Thailand, Indonesia and the Philippines. China Precision Steel was incorporated in 2002 and is headquartered in Sheung Wan, Hong Kong. Additional information can be found at the Company's website http://chinaprecisionsteelinc.com.

Elite IR
Leslie J. Richardson, Partner
+852-3183 0283
Leslie.richardson@elite-ir.com

SOURCE China Precision Steel Inc.

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