Sutor Technology Schedules Third Fiscal Quarter 2010 Earnings Release and Conference Call

CHANGSHU, China, May 7 /PRNewswire-Asia-FirstCall/ -- Sutor Technology Group Limited (the "Company" or "Sutor") (Nasdaq: SUTR), a leading provider of fine finished steel products used by steel fabricators and other applications in a variety of industries, today announced that it plans to release its financial results for the third fiscal quarter ended March 31, 2010 on May 13 before the market opens.

Management will host a conference call at 8:30 am U.S. Eastern time/ 8:30 pm Beijing/Hong Kong time on May 13, 2010 to discuss its third fiscal quarter 2010 financial results. Listeners may access the conference call by dialing the following numbers:

                             Toll Free                  Toll
    United States          +1 877 847 0047
    China                  +800 876 5011
    Hong Kong                                      +852 3006 8101

    The access code of the conference call is: SUTR

A recording of the call will also be available via the Company's website at http://www.sutorcn.com/English/IR.php .

About Sutor Technology Group Limited

Sutor (Nasdaq: SUTR) is one of the leading China-based manufacturers and distributors of high end fine finished steel products and welded steel pipes used by a variety of down stream applications. Sutor utilizes a variety of processes and technological methodologies 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. 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 financial performance and strategic and operational plans, our future operating results, our expectations regarding the market for our steel finishing fabrication products, our expectations regarding the continued growth of the steel market, 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
     Sutor Technology Group Limited
     Tel: +86-512-5268-0988
     Web: http://www.sutorcn.com

SOURCE Sutor Technology Group Limited

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED