Buddha Steel Inc. (GREY:AGVO)

Tuesday, March 29, 2011 | Web News
PRC finally challenges VIE structure: On March 22, 2011, Buddha Steel, Inc., a Delaware corporation; the majority shareholder of Buddha; Gold...
Tuesday, July 27, 2010 | Web News
On April 28, 2010 Buddah Steel became a public company via a reverse merger transaction. Company Snapshot: Leading producer and vendor of high value-...
Tuesday, July 27, 2010 | Web News
We believe that our cash on hand and cash flow from operations will meet part of our present cash needs and we will require additional cash resources, to meet...
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At least one VIE exists in the corporate structure

Dachang Hui Autonomous County Baosheng Steel Products Co., Ltd. (Buddha) was established in 1999 in Hebei province, Northern China. Buddha is a leading producer and vendor of high value-added, ultra-thin precision cold rolled steel products. Buddha’s cold rolled steel is specially engineered and manufactured using state of the art machinery according to the highest quality standards, and our premium products are tailor-made to customers’ individual requirements. Buddha’s steel is further processed by downstream manufacturers and incorporated into a wide variety of end products including automobiles, home appliances, packaging, and specialized construction materials among others.

We sell products primarily in China, but our distribution network also covers a diverse export market. Approximately 19% of 2009 sales were eventually further processed abroad, and our major export markets include Africa and Southeast Asia.


Last updated July 27, 2010


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