Corporate Profile

General Steel Holdings, Inc., headquartered in Beijing, operates a diverse portfolio of Chinese steel companies. With 6.3 million tons aggregate production capacity, our companies serve various industries and produce a variety of steel products including rebar, hot-rolled carbon and silicon sheet, spiral-weld pipe and high-speed wire. We have steel operations in Shaanxi province (central China), Inner Mongolia autonomous region (northwest China) , Tianjin municipality (northeast China) and Guangdong Province (Southern China).

Our vision is to become one of the largest and most profitable non-government owned steel company in China. 

 

Our mission is to acquire government owned steel companies and selected entites with outstanding potential, and increase their profitability and efficiencies with the infusion of applied western management practices, advanced production technologies and capital resources. 

 

Our investment strategy is to actively participate in the privatization of state-owned steel companies in China. We aim to acquire assets from large state-owned enterprises at attractive prices, by leveraging our relationship with certain key people and local governments. Our controlling interest positions in Joint Ventures with the Baotou Steel Group, the Shaanxi Longmen Steel Group and Maoming Hengda Steel Group Limited is evidence of this strategy. We are actively seeking additional assets to acquire.

 

At present, we have controlling interest in four  companies in our portfolio of assets:

 

l         Shaanxi Longmen Iron and Steel Co., Ltd.

l         Tianjian Daqiuzhuang Metal Sheet Co., Ltd.

l         Baotou Steel – General Steel Special Steel Joint Venture Co., Ltd.

l         Maoming Hengda Steel Group Ltd.

All four companies are exceptional and operate in selected niche markets.

General Steel Holdings, Inc. Key Facts

·Established:                              Listed in US, 2004
·Exchange:                                NYSE

·Ticker:                                     GSI

·Location:                                 Headquarters, Beijing, China

·Shares Outstanding:                 51.5 million

·Management: 
                                                 Henry Yu  -  Chief Executive Officer
                                                 John Chen  - Chief Financial Officer

·Contact:                                   Tel: +86-10-5879-7346

·Legal Counsel:                          Burns & Levinson LLP

·Auditors:                                  Frazer Frost, LLP

·Transfer Agent:                         Security Transfer Corp.

 

General Steel Holdings, Inc. Advantages

l          Lean Operations - China’s steel industry is dominated by production facilities owned by the government (State Owned Enterprises (SOE’s)). Many SOE’s are burdened with staffing, social and production requirements that inhibit efficiencies. As privately managed facilities, our companies operate with leaner operating constrictions and swifter decision making processes.

       

l           Western Management – Western management structures and systems bring about accountable operating efficiencies.

 

l          GAAP - Internationally recognized U.S. GAAP systems and procedures for all accounting and financial functions, thus ensuring full disclosure and transparency in financial reporting. 

 

l          SEC Compliant - Fully compliant with all reporting and transactional requirements mandated by the US Securities and Exchange Commission (SEC), thereby strengthening  the full faith and confidence of investors in management operations.