0001144204-13-016361.txt : 20130320 0001144204-13-016361.hdr.sgml : 20130320 20130320150019 ACCESSION NUMBER: 0001144204-13-016361 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130320 FILED AS OF DATE: 20130320 DATE AS OF CHANGE: 20130320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: China Gerui Advanced Materials Group Ltd CENTRAL INDEX KEY: 0001449801 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34532 FILM NUMBER: 13704636 BUSINESS ADDRESS: STREET 1: 1 SHUANGHU DEVELOPMENT ZONE, STREET 2: XINZHENG CITY, ZHENGZHOU, CITY: HENAN PROVINCE STATE: F4 ZIP: 451191 BUSINESS PHONE: 86-371-62568634 MAIL ADDRESS: STREET 1: 1 SHUANGHU DEVELOPMENT ZONE, STREET 2: XINZHENG CITY, ZHENGZHOU, CITY: HENAN PROVINCE STATE: F4 ZIP: 451191 FORMER COMPANY: FORMER CONFORMED NAME: Golden Green Enterprises Ltd. DATE OF NAME CHANGE: 20081112 6-K 1 v338801_6k.htm FORM 6-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of March, 2013

 

Commission File Number: 001-34532

 

CHINA GERUI ADVANCED MATERIALS GROUP LIMITED

(Exact name of registrant as specified in its charter)

 

1 Shuanghu Development Zone

Xinzheng City

Zhengzhou, Henan Province

China, 451191

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.  Form 20-F x        Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  Not Applicable

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  Not Applicable

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ¨         No x

 

If “Yes” marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82 - ______.

 

 
 

 

On March 19, 2013, China Gerui Advanced Materials Group Limited (the “Company”) issued a press release announcing its preliminary financial results for the fiscal year ended December 31, 2012. A copy of this press release is furnished as Exhibit 99.1 hereto.

 

Exhibits 

 

Exhibit   Description
     
99.1   Press Release dated March 19, 2013

 

2
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  CHINA GERUI ADVANCED MATERIALS GROUP LIMITED
       
    By: /s/ Edward Meng  
    Edward Meng
    Chief Financial Officer

 

Date: March 20, 2013

 

3
 

 

EXHIBIT INDEX

 

Exhibit   Description
     
99.1   Press Release dated March 19, 2013

 

4

EX-99.1 2 v338801_ex99-1.htm EXHIBIT 99.1

 

China Gerui Advanced Materials Group Limited Announces Preliminary Financial Results and Schedule of Fourth Quarter and Year-End 2012 Conference Call

 

ZHENGZHOU, China, March 19, 2013 — China Gerui Advanced Materials Group Limited (CHOP) ("China Gerui," or the "Company"),  a leading high precision, cold-rolled strip steel producer in China, today announced preliminary financial results for the year ended December 31, 2012. Based on the Company's current expectations for the full year 2012 revenue is anticipated to be $265.5 million with earnings per diluted share of $0.45.

 

Mr. Mingwang Lu, Chairman and Chief Executive Officer of the Company commented, "China Gerui's full year 2012 revenues are in-line with the company's previously announced guidance range while full year earnings fell below our expectations.  The Company achieved another profitable year of operation while the entire steel industry in China incurred heavy losses.  However, profitability in the fourth quarter was lower than anticipated, as it was largely impacted by higher raw material prices which we could not entirely pass on due to pricing pressures, further augmented by year-end and one-time adjustments that will be detailed in the year-end financials. Steel volumes were relatively stable during the fourth quarter. We believe our segment of the steel industry is restructuring and we are evolving China Gerui's business into new higher-margin steel sectors through additional product offerings, including our recently announced introduction of a new laminated steel processing line. This enhanced capability is consistent with our strategy to improve our competitive profile in order to reach a wider range of customers with an expanded portfolio of end-use products and materials. With a new central government taking power and new economic policies to be implemented, we believe we are taking the right strategic steps in this environment to facilitate long-term growth."  

 

The Company plans to issue its complete financial results for the fourth quarter and full year ended December 31, 2012 on Tuesday, March 26, 2013 and thereafter host a conference call to discuss its results at 9:00 A.M. EDT on the same day.

 

Listeners may access the call by dialing +1 (877) 399-7810 five to ten minutes prior to the scheduled conference call time. International callers should dial +1 (631) 865-1695. The conference call participant pass code is 24853130.

 

A replay of the conference call will be available for 14 days starting from 12:00 P.M. EDT on Tuesday, March 26, 2013.  To access the replay, dial +1 (855) 859-2056.  International callers should dial  +1 (404) 537-3406.  The pass code is 24853130.

 

 
 

 

A live and archived webcast of the call will be available on the Company's website atwww.geruigroup.com/Webcasts.html.  To listen to the live webcast, please go to the Company's website at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software.

 

About China Gerui Advanced Materials Group Limited

 

China Gerui Advanced Materials Group Limited is a leading niche and high value-added steel processing company in China. The Company produces high-end, high-precision, ultra-thin, high- strength, cold-rolled steel products that are characterized by stringent performance and specification requirements that mandate a high degree of manufacturing and engineering expertise. China Gerui's products are not standardized commodity products. Instead, they are tailored to customers' requirements and subsequently incorporated into products manufactured for various applications. The Company sells its products to domestic Chinese customers in a diverse range of industries, including the food packaging, telecommunication, electrical appliance, and construction materials industries. For more information, please visit http://www.geruigroup.com.

 

Safe Harbor Statement

 

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

 

 
 

 

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2011 and otherwise in our SEC reports and filings.  Such reports are available upon request from the Company, or from the SEC, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

 

Company Contact:   Investor Relations Contacts:    
Email: investors@geruigroup.com   Vivian Chen   Kevin Theiss
Website: www.geruigroup.com   Managing Director   Account Director
    Grayling   Grayling
    Phone: 646-284-9427   Phone: 646-284-9409
    Email: vivian.chen@grayling.com   Email: kevin.theiss@grayling.com