PicksThatMove: China Precision Steel Inc. (Nasdaq: CPSL) We have picks that move!

Hi and welcome to PicksThatMove.com where all you have to do is let us know what email address you want to receive our newsletter and then just watch the trade ideas we send you each week and track the incredible gains our current members are racking up.

You see, our newsletter is truly different from the rest. We provide lots of content in our mailers with tons of information that the average person can understand. We don't waste time trying to uncover ideas that might move a wimpy 5-10% in a few months like most other guys. No, we're looking at stocks that can explode 50+% or more in a matter of days! Join Here!

Today's news alerts include: China Precision Steel Holds Annual General Meeting of Shareholders

SHANGHAI, June 16, 2009 -- China Precision Steel Inc. (Nasdaq: CPSL), a niche precision steel processing company principally engaged in producing and selling high precision cold-rolled steel products, announced that it held its 2009 Annual General Meeting of Shareholders (the ''AGM'') at 9:00 am on June 16, 2009 (June 15, 9:00 pm EDT), in Hong Kong. Each of the proposals submitted for shareholder approval, as set out in the Company's definitive Proxy Statement, was approved.

Specifically, the shareholders:

-- Reelected Dr. Wo Hing Li, Mr. Hai Sheng Chen, Mr. Che Kin Lui, Mr. Tung Kuen Tsui, Mr. Daniel Carlson and Mr. David Peter Wong as members of the Board of Directors of the Company

-- Ratified the selection by the Audit Committee of Moore Stephens as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2009

About China Precision Steel

China Precision Steel, Inc. is a niche precision steel processing company principally engaged in the production and sale of high precision, cold-rolled steel products and provides value added services such as heat treatment and cutting medium and high carbon, hot-rolled steel strips. China Precision Steel's high precision, ultra-thin, high strength (7.5 mm to 0.05 mm) cold-rolled steel products are mainly used in the production of automotive components, food packaging materials, saw blades and textile needles. The Company primarily sells to manufacturers in the People's Republic of China and is expanding into overseas markets such as Nigeria, Thailand, Indonesia and the Philippines. China Precision Steel was incorporated in 2002 and is headquartered in Sheung Wan, Hong Kong. Additional information can be found at the Company's website http://chinaprecisionsteelinc.com.

About PicksThatMove.com

www.picksthatmove.com team of excellence strives to find undervalued, good momentum stock plays. We provide financial and investor relations services for small to mid-cap stocks with weekly and special newsletters to keep you informed of the latest movers. Unlike other sites, we explore, research, and understand all aspects of a company. We only recommend companies we feel has the potential for future higher valuations. Our seasoned research team is always looking for the next Xtreme Pick to send to you.

www.picksthatmove.com is a leading stock website that provides free daily alerts on stocks that are moving up. www.picksthatmove.com also tracks small cap stocks that are on the brink of exploding. We also feature companies on our website with research report, analysis, and newsletters. To feature a company on our web site please contact us at Info@picksthatmove.com

www.picksthatmove.com is an independent electronic publication that provides information on selected publicly traded companies. www.picksthatmove.com is not a registered investment advisor or broker-dealer. www.picksthatmove.com affiliates, officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.

CONTACT: PicksThatMove.com e-mail: Info@picksthatmove.com WWW: http://www.picksthatmove.com

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

Related terms: advisor, automotive, broker, china, dealer, email, e-mail, food, hong kong, indonesia, investment, nasdaq, nigeria, packaging, products, profit, research, shanghai, small cap, steel, thailand, track, web