China Precision Steel, Inc. (CPSL) is a steel processing company engaged in the manufacturing and selling of precision cold-rolled steel products and in the provision of heat treatment and cutting of medium and high carbon hot-rolled steel strips. The Company produces and sells ultra-thin and cold-rolled steel products with thicknesses ranging from 7.5 millimeters to 0.03 millimeters. It also provides heat treatment and cutting and slitting of cold-rolled steel strips not exceeding 7.5 millimeters thickness. Its process puts hot-rolled de-scaled (pickled) steel coils through a cold-rolling mill to make steel coils and sheets in customized thicknesses, according to customer specifications. Its specialty precision products are used in the manufacture of automobile parts and components, steel roofing, plane friction discs, appliances, food packaging materials, saw blades, textile needles and microelectronics.