China Precision Steel to Present at the Rodman & Renshaw Annual Global Investment Conference

November 3, 2008

SHANGHAI, China, Nov. 3 /Xinhua-PRNewswire/ — China Precision Steel , a niche precision steel processing company principally engaged in producing and selling high precision cold-rolled steel products, today announced that its Chief Financial Officer, Ms. Leada Li will present at the Rodman & Renshaw Annual Global Investment Conference – Asia & Growth Track.

The date, time and location of CPSL’s presentation at the conference are as follows:

   Date:   Tuesday, November 11, 2008   Time:   9:55 a.m. Eastern Time   Venue:  Hubbard Salon (5th Floor), New York Palace Hotel, New York    Live webcast: http://www.chinaprecisionsteelinc.com/   

The Rodman & Renshaw Annual Global Investment Conference is a three-day conference in New York City that brings together executives from companies presenting within the Asia and Growth, SPAC and Steel, Metals and Mining tracks. There were over 2,500 attendees and 350 presenting companies at the conference in 2007.

Interested parties and institutional investors may register for the conference by visiting the conference website at http://www.rodmanandrenshaw.com/ , or by calling Lily Khaykina of Rodman & Renshaw at (212) 430-1714.

About China Precision Steel

China Precision Steel 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 produces high precision ultra-thin, high strength (7.5 mm to 0.05 mm) cold-rolled steel products primarily for automotive components, food packaging materials, saw blades and textile needle manufacturing companies in the People’s Republic of China. China Precision Steel is expanding its penetration in 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/ .

   For more information, please contact:    Elite IR    Leslie J. Richardson, Partner    Tel:   +852-3183 0283    Email: Leslie.richardson@elite-ir.com    China Precision Steel    Dan Carlson,    Email: DanielCarlson@comcast.net  

China Precision Steel

CONTACT: Elite IR – Leslie J. Richardson, Partner, +852-3183 0283, orLeslie.richardson@elite-ir.com; China Precision Steel – Dan Carlson,DanielCarlson@comcast.net

Web Site: http://chinaprecisionsteelinc.com/http://www.rodmanandrenshaw.com/

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