CHANGSHU, China, Aug. 3 /PRNewswire-Asia-FirstCall/ -- Sutor Technology Group Limited (the "Company", "Sutor") (Nasdaq: SUTR), a leading China-based manufacturer and distributor of high-end fine finished steel products and welded steel pipes used by a variety of down-stream applications, today announced the launch of its redesigned website. The website http://www.sutorcn.com was redesigned to improve its interface and functionality to which our customers, investors as well as interested people can have access.
Compared with the previous version, the new website significantly increased information under a number of sections, including About Sutor, Product Center, R&D, News Center and Investor Relations.
"We are delighted to launch this new and improved website," stated Eric Zhou, Ph.D., Vice President Finance. "This is part of our on-going efforts to improve our corporate transparency, investor relations and ultimately stock value. Through the website, we'd like to clearly communicate to our investors our mission, vision and sustainable growth strategies. As a leader in fine processed steel products in the downstream segment of the Chinese steel industry, Sutor has been able to achieve consistent profitability despite the ebbs and flows of the economy and the steel industry as our products are used by almost all major sectors of the economy. We are confident in the outlook of the Chinese economy and are optimistic about our operations for the years to come."
About Sutor Technology Group Limited
Sutor (Nasdaq: SUTR - News) is one of the leading private manufacturers of fine finished steel products used by steel fabricators and other applications in China. Sutor utilizes a variety of processes and technologies to convert steel manufactured by third parties into fine finished steel products, including hot-dip galvanized steel, pre-painted galvanized steel, acid-pickled steel, cold-rolled steel and welded steel pipe products. The Company's diversified lines of products are extensively used for solar energy, household appliances, medical instruments, IT, building & construction, and automobiles. To learn more about the Company, please visit http://www.sutorcn.com .
Forward-Looking Statements
This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements. Such statements include, among others, those concerning our expected operations and financial performance, our expectations regarding the Chinese economy and market for our steel finishing fabrication products, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause our actual results to differ materially from those anticipated, expressed or implied in the forward-looking statements. These risks and uncertainties include, but not limited to, the factors mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended June 30, 2009, and other risks mentioned in our other reports filed with the Securities Exchange Commission, or SEC. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.
For more information, please contact:
Mr. Jason Wang, Director of IR
Sutor Technology Group Limited
Tel: +86-512-5268-0988
Email: investor_relations@sutorcn.com
