China Precision Steel Inactive 10-Q2010 Q1 Quarterly report

Filed: 16 Nov 09, 12:00am

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New words: absorb, achieved, add, adequacy, AICPA, American, approach, arrangement, ASC, ASU, authoritative, background, backlog, borrow, CEO, Certified, Chairman, clarification, codidified, Codification, codified, commercial, concept, convert, coverage, credibility, criteria, cycle, cyclicality, default, deliverable, EITF, erupt, faith, Force, forecast, fulfill, geographic, geographical, halted, heading, hire, identical, inadequate, input, interpretation, investor, literature, longstanding, manner, minimum, misleading, monitor, nil, nongovernmental, note, output, perception, permanently, Plate, poor, pose, posed, postponed, power, protect, QUALITATIVE, Raiffeisen, reassessed, receipt, referenced, refund, regular, Regulation, reinvest, relationship, remittance, residual, resume, returning, roughly, RZB, scenario, Shaoxing, shareholding, sizable, smaller, solicitation, source, sterreich, SUMEC, superseding, target, Task, technique, Tentative, Topic, topical, trial, turn, ultimately, undistributed, unrealized, unsuccessful, Wancheng, weaker, xiii, Zentralbank

Removed: abovementioned, accrual, aforementioned, allocated, altered, annually, assurance, basket, began, Bureau, Changshuo, classification, coal, coke, comparable, comparative, compliance, condensed, consumption, criterion, curve, defining, derecognition, derivative, distribution, effectively, encouraged, energy, enhanced, experiencing, exporting, familiar, FIN, final, flexible, floating, fluctuation, gas, globalization, hedge, hedged, hedging, Housing, individual, Indonesia, inflation, inherently, initial, initially, internationally, invoiced, iron, issuable, Jiading, large, larger, liable, linked, listed, locally, match, mature, minimize, model, move, oil, open, parallel, parcel, performance, President, pressure, previously, regime, remained, renewing, repay, Resource, revaluation, scrap, seek, sensitivity, shift, short, stable, trading, transition, transportation, unstable, yield

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Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

The undersigned, Wo Hing Li, the Chief Executive Officer of CHINA PRECISION STEEL, INC. (the “Company”), DOES HEREBY CERTIFY that:

1. The Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 (the “Report”), fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and

2. Information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Company.

IN WITNESS WHEREOF, each of the undersigned has executed this statement this 16th day of November, 2009.

/s/ Wo Hing Li
Wo Hing Li
Chief Executive Officer
(Principal Executive Officer)

A signed original of this written statement required by Section 906 has been provided to China Precision Steel, Inc. and will be retained by China Precision Steel, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

The forgoing certification is being furnished to the Securities and Exchange Commission pursuant to § 18 U.S.C. Section 1350. It is not being filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not to be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.