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Sutor Technology Group Limited Message Board

f7455dm 6 posts  |  Last Activity: Mar 31, 2014 8:41 PM Member since: Apr 28, 2010
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  • Sutor Technology Group Signed Product Distribution Agreements in Russia
    Post Date: 2014-03-31
    Following the product distribution agreements for the Middle East and South American markets, Sutor once again made new progresses. Recently, the Company signed a product distribution agreement in Russia to sell high gross margin products including HDG, Galvalume and PPGI steel with an annual minimum sales volume of 5,000 tons.

    Sutor has always paid attention to international marketing. Through a global development strategy, it has exported products to Southeast Asia, Europe, Middle East and South America. Since the beginning of this year, the Company has signed a number of international distribution agreements and realized a leap-forward progress for successfully promoting its brand recognition.

    In 2014, Sutor will continue to combine the traditional sales methods with the Internet platform to provide its customers with convenient, fast, professional and efficient services. It intends to take advantage of the on-going industrial upgrading process to establish a unique market position in the steel industry.

    Sentiment: Strong Buy

  • Sutor Subsidiary Awarded AAA Certificate
    Post Date: 2014-03-26
    Recently, Changshu Huaye Steel Strip Co., Ltd (“Changshu Huaye”), a subsidiary of Sutor, was awarded with the AAA Certificate for Standardized and Good Practices by the specialists at the standardization division of the Jiangsu provincial government. As of now, there are only fourteen companies achieved this honor in Changshu. The number of the certificates received by the companies located in Changshu was ranked in the first place in Suzhou region. This award is an affirmation of Changshu Huaye’s progress towards developing a standardized, procedural, normalized and scientific business practice.

    The specialists reported that Changshu Huaye had done a lot of work in establishing a standard corporate system and employing full-time employees to ensure the system is fully implemented. At the same time, Changshu Huaye also actively participated in establishing national industrial standards. Through these activities, the company adopted advanced international standards and applied them to operations. The company also carried out technical upgrading and made standardization part of the corporate development.

    It is reported that the evaluation of the standardized and good practices is an effective integration of ISO9001 quality management systems and ISO14001 environmental management systems by the provincial quality examination bureau. The purpose is to establish an integrated system with standardization as its core and quality management as its base and hence to improve the overall quality of operations management and enhance corporate competitiveness.

    Sentiment: Strong Buy

  • Reply to

    price decline today

    by rhabibi999 Feb 25, 2014 2:26 PM
    f7455dm f7455dm Feb 26, 2014 10:21 AM Flag

    New post on web site

    Ningbo, Zhejiang, China passed EU PED certified steel
    Release Date: 2014-02-25
    Over the years, Zhejiang Chinese steel by virtue of its excellent quality and service, to create a broad sales network. Not only used in major domestic projects, is exported to the Middle East, the European Union, North America, Southeast Asia, Africa and other regions . Recently, the company in order to further meet the needs of the international market, and actively organize forensics conference, the European Union passed the PED ( Pressure Equipment Directive ) certification , meaning Zhejiang China steel exports to the EU countries continue to get a pass.

    2014 years 2 months 19 days to 21 days , LR ( Lloyd ' s Register of Shipping ) audit team and his party arrived in Ningbo , Zhejiang, heavy steel pipe limited company production site , for Zhejiang China quality assurance system, production capacity and product testing capabilities , such as eleven conduct the on-site audit . And X42 , X70 two set of materials on-site sampling, witnessed the chemical composition, mechanical properties and other types of experiments. After a number of audits, the indicators are in line with PED4 . 3 requirements. Through a period of three days of review, LR audit team for Zhejiang Chinese steel production quality assurance system and the ability to provide a high degree of certainty, while Zhejiang China steel also successfully acquired by Lloyds issued PED97 / 23 / ​​EC4 . 3 certificates.

    The PED certification passed , will certainly open up for Zhejiang China steel broader international market , but also more and establish a brand image, Zhejiang, steel, Ningbo, Zhejiang, China's future development has laid a solid foundation!

    I wish the company would PR this info.

    Sentiment: Strong Buy

  • Reply to

    Good Quarter

    by duanrg Feb 13, 2014 10:51 PM
    f7455dm f7455dm Feb 19, 2014 8:59 PM Flag

    from web site

    SUTOR Group successfully completed a non-deal roadshow activities in Hong Kong
    Release Date: 2014-02-20
    February 17, 2014, SUTOR Group's management, including Mr. Wang Zhuo, CEO, CFO Mr. Zhou Naijiang, went to Hong Kong has successfully completed its first round of financing of non-roadshow since the New Year. Attend the roadshow guests include HSBC, Sun Hung Kai Financial Group, Kennen Investment Holdings, colleagues Financial Group, China Kington fund major institutional investors in Hong Kong.

    Activities mainly through the company's PPT presentation to help investors better understand the company's history, the scale of the core competitiveness, and future development strategies. In addition, investors also on the country's economic development, industry outlook, market development and other macro aspects of the company's management and exchange of opinions and views. As a fine steel producers, SUTOR has been focusing on new product development by increasing the intensity and thus high value-added, high-quality products introduced to the market. In addition, the Group is in a transition phase Vincent from the traditional manufacturer into a services business enterprises, and expect to provide customers with more through comprehensive systemic services, such as downstream processing, warehousing, logistics and distribution companies to improve customer loyalty. In the future, the company will strictly adhere to established simultaneously in order to maintain the company's strategic plan evolving, won the best interests of the shareholders by enhancing investor relations firm.

    Sentiment: Strong Buy

  • Reply to

    China Growth in Last Quarter

    by dharris141 Jan 20, 2014 10:50 AM
    f7455dm f7455dm Jan 20, 2014 7:18 PM Flag

    This Q will be the best SUTR has ever had. EPS will be better than .50. Which is better than all of last year.

    Sentiment: Strong Buy

  • f7455dm by f7455dm Jan 17, 2014 8:58 AM Flag

    The jinying365 web site will be updated this weekend. Hopefully the company will do a press update after the update. I don't know why they don't promote the web site (jinying365) more in the USA .

    Sentiment: Strong Buy

1.73Apr 16 3:53 PMEDT

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