Sutor Technology Group Ltd was incorporated on May 1, 1997 in the State of Nevada under the name Bronze Marketing, Inc. and changed its name to Sutor Technology Group Limited effective March 6, 2007. The Company is one of the Chinese non-state-owned manufacturers of fine finished steel products. It utilizes a variety of processes and technological methodologies to convert steel manufactured by third parties into fine finished steel products. Its product offerings are focused on higher-margin, value-added finished steel products, specifically, HDG steel and PPGI products. In addition, it produce AP steel and cold-rolled steel, which represent the least processed of its finished products. As a result of its acquisition of Ningbo Zhehua in November 2009, its product offerings have included welded steel pipe products. It uses portion of its AP steel and cold-rolled steel to produce its HDG steel and PPGI products. The Company's vertical integration has allowed it to maintain more stable margins for its HDG steel and PPGI products. It sells its products to customers who operate mainly in the solar energy, appliances, automobile, construction, infrastructure, medical equipment and water resource industries. Its customers are located in China. Its main export markets are Europe, the Middle East, Asia and South America. The Company's manufacturing facilities, located in Changshu, China, has three HDG steel production lines, one PPGI production line, one AP steel production line and one cold-rolled steel line. Its current annual production capacity is approximately 700,000 MT for HDG steel, 200,000 MT for PPGI, 500,000 MT for AP steel and 250,000 MT for cold-rolled steel. Ningbo Zhehua, its subsidiary located in Ningbo, currently has an annual capacity of 400,000 MT for welded steel pipe products. Using a technology called hot-dip galvanizing it manufactures corrosion-resistant and zinc-coated HDG Steel in different dimensions and using different materials and specifications requested by its customers. The Company's PPGI products' specification generally ranges from 700mm to 1250mm in width and from 0.2mm to 1.2mm in thickness. The Company's PPGI products are used mostly in solar energy, appliances and construction materials. The Company competes with large state-owned enterprises and smaller private companies. In addition, it also faces competition from international steel manufacturers. As a producer of steel products in China, it is regulated by the national and local laws of the PRC. It is subject to various governmental regulations related to environmental protection.