China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH), announced a corporate update which includes the changing of the corporate name and ticker symbol. The company changed transfer agency from American Registrar & Transfer Co. to Global Sentry Equity Transfer Inc.
“The change of our corporate name and ticker symbol on October 5, 2007 marks a new beginning for our Company,” said Golden Horse Chairman and President, Qiang Ma.
China Jiangsu Golden Horse Steel Ball, Inc is a leading Chinese manufacturer and supplier of ball bearings. Over the course of one year, the company produces as many as three billion ball bearings of various specifications along with the development of over fifteen new products that include stainless steel balls, aluminum balls, and ceramic balls. Furthermore, the company is involved in exporting its products to over twenty countries worldwide including the U.S., Japan, Brazil, India, and Germany.
Mr. Ma further stated, “Our Company has focused solely on the production of steel balls, since our founding in 1987. Today we are one of China’s largest producer and a leading specialized manufacturer in this area. Our high technical standards, our drive for quality improvements, and our efforts to reduce production costs, have earned us respect. In turn, we have always held our customers in the highest regard. We have gained trust with not only leading bearing manufacturers in China, but with bearing manufacturers throughout the world. Our position as a leading company in this field has allowed us to improve both the technology and the standard of steel balls.”
The company has over 350 employees, including 50 engineers. The billions of steel balls manufactured by the China Jiangsu Golden Horse Steel Ball, Inc have been recognized and awarded with products of quality certificate and clinched the title of famous products produced by township enterprises of Jiangsu province.
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