General Steel Completes Restatement of 2009, 2010 and First Quarter 2011 Financial Results

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General Steel Holdings
GSI
, one of China's leading non-state-owned producers of steel products and aggregators of domestic steel companies, today announced that it has filed amended annual reports on Form 10-K/A for the year ended December 31, 2010 and amended quarterly reports on Form 10-Q/A for the quarters ended June 30, 2010, September 30, 2010 and March 31, 2011 with the U.S. Securities and Exchange Commission ("SEC"). With these restatements complete, the Company is focused on the audit process on its outstanding financial statements and expects to file its quarterly reports on Form 10-Q for the periods ended June 30, 2011, September 30, 2011, March 31 and June 30, 2012, as well as its Annual Report on Form 10-K for the year ended December 31, 2011 with SEC as soon as possible. "We view the completion of these amended filings as an important step forward for our Company and are grateful for the tremendous effort put forth by our finance team, our auditors and the OCA staff over the last year that has enabled us to reach
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Posted In: NewsGuidanceGlobal
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