China Jiangsu Golden Horse Steel Ball Announces Corporate Update

Resource from: CBCC Likes:3015

Dec 21,2007

China Jiangsu Golden Horse Steel Ball Announces Corporate Update China Jiangsu Golden Horse Steel Ball, Inc. ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, today announced a corporate update. "The change of our corporate name and ticker symbol on October 5, 2007 marks a new beginning for our Company," said Golden Horse Chairman and President, Qiang Ma. The Company changed transfer agency from American Registrar & Transfer Co. to Global Sentry Equity Transfer Inc. Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany. Mr. Ma further stated, "Our Company has focused solely on the production of steel balls since our founding in 1987. Today we are one of China's largest producer and a leading specialized manufacturer in this area. Our high technical standards, our drive for quality improvements and our efforts to reduce production costs have earned us respect. In turn, we have always held our customers in the highest regards. We have gained trust from leading bearing manufacturers in China and throughout the world. Our position as a leading company has allowed us to improve both the technology and steel ball standards. We will strive for the highest goal to continue to improve our technical skills and provide the best for society."

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