China Precision Steel to Present at Rodman & Renshaw Conference in Beijing on March 8, 2010

    SHANGHAI, China, March 2 /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, announced today that it will
participate in the Rodman & Renshaw investor conference on March 8, 2010 in
Beijing.

    Conference:         Rodman & Renshaw Annual China Investment Conference
    Event:              Company presentation, Q&A, one-on-one meetings
    Date:               Monday, March 8, 2010
    Presentation time:  3:40 p.m. to 4:05 p.m.
    Location:           Diamond III at The Regent Hotel,
                        99 Jinbao Street, Beijing, China
    Participants:       Ms. Leada Li, Chief Financial Officer

Investors interested in attending Rodman & Renshaw event should contact their Rodman & Renshaw sales representative. For more information about the conference, please visit http://www.rodmanandrenshaw.com/conferences?id=49

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 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:

     China Precision Steel
     Dan Carlson,
     Email: [email protected]

     Elite IR
     Leslie J. Richardson, Partner
     Phone: +852-3183 0283
     Email: [email protected]

SOURCE China Precision Steel, Inc.

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