Moore Stephens secures Chinese steel client

Moore Stephens expands its operations by securing a Chinese steel client with an eye on overseas expansion

Written by AccountancyAge.com

China Precision Steel, a niche precision steel processing company, has engaged the public accounting firm Moore Stephens as the company's independent registered public accounting firm.

‘Moore Stephens has strong experience in working with Chinese companies listed in the United States,’ Wo Hing Li, China Precision Steel chairman and CEO, said. ‘We are pleased to engage Moore Stephens and look forward to working with them in the future.’

China Precision Steel produces high precision steel products primarily for automotive components, food packaging materials, saw blades and textile needle manufacturing companies in the People's Republic of China.

However, China Precision Steel is expanding into overseas markets such as Nigeria, Thailand, Indonesia and the Philippines, and intends to expand into Japan, the EU and the US in the future.

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