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Wednesday, November 25, 2009, 1:02PM ET - U.S. Markets close in 2 hours and 58 minutes. Dow Up 0.17% Nasdaq Up 0.24%
China Direct Industries, Inc. (CDII)At 12:45PM ET: 1.33  Up 0.00 (0.01%)  
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China Direct Industries, Inc.
431 Fairway Drive
Suite 200
Deerfield Beach, FL 33441
United States - Map
Phone: 954-363-7333
Fax: 954-363-7320
Web Site: http://www.cdii.net

DETAILS 
Index Membership:N/A
Sector:Services
Industry:Management Services
Full Time Employees:1,297

BUSINESS SUMMARY 
China Direct Industries, Inc. engages in the production and distribution of magnesium, and distributes basic materials in the People’s Republic of China. It operates two main segments, Magnesium and Basic Materials. The Magnesium segment produces and distributes various magnesium products, such as magnesium ingots, magnesium powders, magnesium alloys, various grades of magnesium slabs, and magnesium scraps. The Basic Materials segment involves in the sale and distribution of industrial grade synthetic chemicals consisting of glacial acetic acid and acetic acid derivatives, acrylic acid and acrylic ester, vinyl acetate-ethylene, and polyvinyl alcohol. It sells and distributes steel and non ferrous metals. In addition, this segment owns zinc mining rights and possesses production and distribution capability for zinc concentrate and lead. Further, the company offers consulting services to both the United States and Chinese companies. These consulting services include investment and strategic planning, financing structures and arrangements, mergers, acquisitions and other business transactions, translation, managing and coordinating various necessary government approvals and licenses in the PRC, marketing, investor relations, and coordination of preparation of required SEC filings. The company was formerly known as China Direct, Inc. and changed its name to China Direct Industries, Inc. in May 2009. China Direct Industries is headquartered in Deerfield Beach, Florida.
Key Statistics

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    CORPORATE GOVERNANCE 
    China Direct Industries, Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 49.9% of CGQ Universe companies and 29.6% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Yuejian Wang Ph.D, 47
    Chairman and Chief Exec. Officer
    $ 37.00KN/A
    Mr. Yuwei Huang , 55
    Exec. VP of Magnesium, Director and Chief Exec. Officer of Chang Magnesium Co Ltd
    $ 0N/A
    Mr. Marc N. Siegel , 50
    Co-Founder and Consultant
    N/A N/A
    Mr. Chi Chen , 37
    VP of Basic Materials Segment, Gen. Mang. and Chairman of CDI Beijing
    N/A N/A
    Mr. Andrew Weerarante ,
    Chief Financial Officer
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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