China Gerui Advanced Materials Group Limited Files Extension of Form 20-F for Fiscal Year 2011
ZHENGZHOU, China, May 1, 2012 /PRNewswire-Asia-FirstCall/ -- China Gerui Advanced Materials Group Limited (NASDAQ: CHOP) ("China Gerui," or the "Company"), a leading high precision, cold-rolled strip steel producer in China, today announced that it will file Form 12b-25 with the SEC to extend the filing of its Form 20-F for the year ended December 31, 2011. The delay in the filing has been caused by the final review of the accounting reclassification treatment as related to a potential joint venture that had previously been announced for the third quarter 2011. China Gerui anticipates that it will file the Form 20-F within the fifteen-day grace period provided by Rule 12b-25.
About China Gerui Advanced Materials Group Limited
China Gerui Advanced Materials Group Limited is a leading niche and high value-added steel processing company in China. The Company produces high-end, high-precision, ultra-thin, high- strength, cold-rolled steel products that are characterized by stringent performance and specification requirements that mandate a high degree of manufacturing and engineering expertise. China Gerui's products are not standardized commodity products. Instead, they are tailored to customers' requirements and subsequently incorporated into products manufactured for various applications. The Company sells its products to domestic Chinese customers in a diverse range of industries, including the food packaging, telecommunication, electrical appliance, and construction materials industries. For more information, please visit http://www.geruigroup.com.
SOURCE China Gerui Advanced Materials Group Limited