幻灯片 1 - China Gerui Advanced Materials Group

November 2010

2
Safe Harbor Statement
This presentation includes or incorporates by reference statements that constitute "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. Forwardlooking
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 forwardlooking
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, 2009 and
otherwise in our SEC reports and filings, including the final prospectus for our offering. Such reports are
available upon request from the Company, or from the Securities and Exchange Commission, 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.

3
Corporate Overview
• Based in Zhengzhou, Henan Province,
China
• Convert hot rolled steel into high-precision
thin steel sheets and strips
• 6 cold-rolled steel production lines with
annualized capacity of ~250K tons
• Chromium plating capacity of ~50K tons
• Serving over 200 customers in China in
consumption and capital industries
• New capacity of 150k tons and 100k tons
will be completed by 2011.
Major customers are located in:
Shanghai, Zhejiang, Jiangsu,
Shandong, Guangdong, Hebei,
Tianjin, Guangxi, Fujian and
Liaoning

NASDAQ: CHOP
Equity Snapshot
4
Price (11/11/10): $6.25
Revenues (ttm):
$245.0 million
Net Income (ttm):
$43.9 million
EPS (ttm): $0.97
Market Value:
$283.9 million
Trailing P/E: 6.6x
Forward P/E: 5.4x
PEG Ratio (5 yr. expected): 0.50
Price/Sales (ttm): 1.1x
Price/Book (mrq): 1.9x
Enterprise Value:
$298.5 million
EV/Sales (ttm): 1.2x
EV/EBITDA (ttm): 4.4x

5
Investment Highlights
• High Value-Added, Customized Products: Focused on customized high
value-added, high margin steel production (~30% gross margins)
• Rapidly Growing Niche Market: Robust demand in China driven by rising
purchasing power and import replacement
• Market Leader: Largest producer of high precision cold rolled narrow strip
steel in China
• Significant Barriers to Entry: Highly capital intensive business + favorable
PRC government policies prevent new entrants
• Contract-Based Manufacturing Model: Produce only after customer order
received with a 30% cash deposit
• Strong Financial Performance: Revenue and Net Income CAGR (‘06-’09) of
30% and 40%, respectively; strong balance sheet & operating cash flow
• Compelling Growth Strategy: Doubling production capacity / planned margin
expansion via further upgraded product portfolio mix
• Experienced Management Team: CEO with over 20 yrs of steel industry
experience; U.S. trained CFO with CPA/MBA

High Value-Added,
Customized Products
6
• Convert hot rolled steel manufactured by 3 rd parties into thin steel sheets
according to customer specifications
‣ Precision ultra-thin, high strength narrow plates and high-end cold-rolled
steel products
Thickness from 0.05mm
Width up to 600mm and tolerance of +/- 0.003 mm
New capacity will be for width up to 1200mm
‣ Products manufactured from steel substrate of cold-rolled or hot-rolled
pickled coils
Non-standardized commodity products and tailored to customers’
requirements
Company has five series and over 20 types of high precision strip
steel products

7
Cold-Rolled Steel Process
• Safe, environmentally friendly manufacturing process: emits less pollution;
uses less energy; fewer accidents

End Markets Driven by Rising
Purchasing Power in China
8
• Main customers are manufacturers serving a broad range of end markets
driven by rising purchasing power in China
China Gerui’s End Market Applications
Consumer Products – Food and Beverage Packaging
Construction and Decoration Materials
Consumer Electronics - Household Appliances,
Batteries, and Electronic Components
Telecommunications Cable and Equipment –
Insulated Wires and Cables, Optic Fiber Cables

End Markets Driven by Rising
Purchasing Power in China (cont’d)
9
• Diversified industry exposure to growing end markets – Chinese middle class
are the ultimate end-users of most of our products
• Unlike the crude steel industry, whose demand is largely driven by the capital
investment cycle, the use of our products is driven by consumer spending and
overall GDP growth in China
Revenue by Industry Applications Full Year 2009

Cold-Rolled Steel
Market Overview
10
• Cold-rolled steel production was 40 million tons in 2008

Benefit From Import
Replacement Trend
• High precision cold rolled steel products are relatively high end products
traditionally imported from Japan, South Korea, the EU and the USA
• China Gerui’s products are more competitively priced but of the same quality as
premium priced imported products that domestic Chinese customers have
historically relied on
200
Chinese Net Imports of Cold -Rolled
Narrow Strip Steel
(in thousands)
150
100
50
0
2005 2006 2007 2008 2009P 2010P 2011P
11

Market Leader /
Significant Barriers to Entry
12
• Currently the largest manufacturer of high-precision cold-rolled narrow strip
steel in China with a market share of 12.5%
65.20%
12.50%
8.50%
6.40%
5.10%
3.30%
China Gerui Advanced Materials
Group
Hebei Iron & Steel Group
Hebei Dachang
Jiangsu Huaxi Group
Hangzhou Metal Rolling Plant
Over 200 other firms

Market Leader / Significant
Barriers to Entry (cont’d)
13
• No direct competition between China Gerui and large state owned steel
manufacturers who are mostly involved in hot rolled steel products
• Highly fragmented industry - majority of competitors are private and smallsized
• Limited domestic supply b/c PRC manufacturers lack the equipment and
expertise to produce high end specialty cold rolled steel
• Barriers to entry are high
Steel industry is highly capital intensive: Capital requirements prevent
newcomers or smaller players without sufficient funds from entering the
market

Contract-Based
Manufacturing Model
14
• Not a commodity business: focused on customized high margin steel production
‣ Products meet stringent performance and specification requirements that
require a high degree of manufacturing and engineering expertise
‣ Products are tailored to customers' requirements and subsequently
incorporated into products manufactured for various applications
‣ We are a supplier of choice when our existing customers develop new
products.
• Benefits of our model:
‣ Approximately 30% of the aggregated contracted sales amount is pre-paid
when the contract is signed
‣ After delivery is made cash is collected
‣ No problem in collecting proceeds
‣ Results in: low inventory level on balance sheet, almost no risk of inventory
obsolescence, high inventory turnover, strong operating cash flow, etc.

15
Strong Revenue Growth
Total Revenue (in $mm)
$ million
$250
$200
$150
$100
$99.0
$139.7
$196.3
$218.9
$161.7
$187.7
$50
$0
2006 2007 2008 2009 9mo. 2009 9mo. 2010

High Margins /
Cost Plus Pricing Model
16
• Our leading market position as a supplier of choice provides us with an ~30%
gross margin
• We have a cost-plus pricing strategy
‣ We pass on raw material price increase to our customers while maintaining
or increasing our gross margins even in the face or rising steel prices
Gross Profit (in $mm)
$ million
$70
$60
$50
$40
$30
$20
$10
$0
27%
$26.4
28%
$39.1
27%
$53.9
30%
30%
$65.8 $48.8
2006 2007 2008 2009 9mo.
2009
30%
$56.4
9mo.
2010
31%
30%
29%
28%
27%
26%
25%
Gross Margin

Net Income Growth
Net Income (in $mm)
$50
25%
$ million
$45
$40
$35
$30
$25
16%
17% 18%
20% 20%
$43.4
$32.0
19%
$35.7
20%
15%
Net Margin
$20
$15
$23.7 $35.5
10%
$10
$15.9
5%
$5
$0
0%
2006* 2007* 2008* 2009* 9mo. 2009 9mo. 2010
* Net Income before minority interest
17

18
Compelling Growth Strategy
• Double capacity to 500,000 tons by 2011 with 50% chromium
plating capability
• Broaden product portfolio and mix by expanding into coated
steel production
• Add chromium plating capabilities
• Enable expansion into cold-rolled wide strip/sheet products
• Increase profit margins through higher margin business
• Increase market penetration
• Expansion of sales channels and product offerings
• Strengthen research and development capabilities
• Improve operating efficiencies and strengthen cost controls
• Expand technical expertise to improve manufacturing process
• Control cost over raw materials and production processes
Double
Capacity
Broaden
Product
Portfolio
Expand
Market
Share
Strengthen
R&D
Improve
Efficiency

Production Capacity
to Double by 2011
19
• New production facilities under construction
• Total cold rolled steel capacity to double to 500K tons;
total chromium plating capability to increase 5x to
250K tons
Phase 1: 2010 ($42M CapEx; 90% spent to date)
• 2 cold rolled wide strip steel production lines to be
added by Q1 2011 with 150K tons (60%) of capacity
• 200K tons of additional chromium plating capacity to
be added by Q4 2010
Phase II: 2011 ($12M CapEx)
• 1 new cold rolled wide strip steel production line to be
added by Q4 2011 with 100K tons of capacity

20
Experienced Management Team
• Mingwang Lu, Chairman of the Board and Chief Executive Officer
– Over 20 years of steel industry experience
– CEO of the Company since 2000
– Held various management positions at Zhengzhou No.2 Steel Plant from 1995 to 2000
– Elected as a member of the 9th, 10th and 11th National People’s Congress in Henan
Province
– Awarded Excellent Director/Manager in Henan Province, National Excellent Township
Entrepreneur and Expert in Steel Industry of Henan Province
• Edward Meng, Chief Financial Officer
– Joined China Gerui in April 2009
– Former CFO of A-Power Energy Generation Systems (Nasdaq: APWR)
– Former Director of both China Housing and Land Development LTD (Nasdaq: CHLN)
and Huiheng Medical Inc. (OTCBB: HHGM)
– Former CFO of MNCs in China (Shell/Koch/Terex)
– Georgetown University MBA, U.S. CPA, experienced in PRC & U.S. GAAP

21
Year-over-Year Results
For the Fiscal Year Ending
In Currency
12 months
Dec-31-2008
USD’000
12 months
Dec-31-2009
USD’000
9 months
Sep-30-2009
USD’000
9 months
Sep-30-2010
USD’000
Revenue 196,264 218,903 161,661 187,724
Cost Of Goods Sold (142,408) (153,095) (112,875) (131,369)
Gross Profit 53,857 65,807 48,786 56,356
Operating Expenses (4,263) (5,493) (4,190) (6,254)
Operating Income 49,594 60,315 44,596 50,102
Other income and (expense) (2,219) (2,115) (1,614) (2,542)
Income Tax Expense (11,870) (14,752) (10,934) (11,817)
Net Income before minority interest 35,506 43,448 32,047 35,742
Margin Analysis
Gross Margin 27.4% 30.1% 30.2% 30.0%
Operating Margin 25.3% 27.6% 27.6% 26.7%
Net Income (before minority interest) Margin 18.1% 19.8% 19.8% 19.0%
Growth Rate
YOY Revenue 40.5% 11.5% 16.1%
YOY Net Income 50.1% 22.4% 11.5%

22
Balance Sheet Summary
September-30-2010
USD’000
December-31-2009
USD’000
ASSETS
Current Assets
Cash $110,705 $79,607
Restricted cash 73,096 37,498
Accounts receivable 4,180 4,808
Inventories 6,948 5,959
Prepaid expenses and other receivables 33,156 18,766
TOTAL CURRENT ASSETS 230,005 146,639
Property, Plant and Equipment 84,106 22,338
Prepaid Machinery Deposits - 13,974
Land use right, net 15,159 1,399
Total non-current assets 99,265 37,711
TOTAL ASSESTS 329,270 184,350
LIABILITIES AND STOCKHOLDERS EQUITY
Current Liabilities
Term loan 56,716 33,983
Accounts payable 4,256 7,618
Notes payable 91,030 41,014
Tax payable 3,719 3,817
Customer deposits 8,254 8,147
Accrued liabilities other payables 3,501 2,728
Total Current Liabilities 178,288 97,307
TOTAL LIABILITIES 178,288 97,307
Total Stockholders Equity 150,982 87,043
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 329,270 184,350

23
Capital Structure
CHOP Insider Shares 34,459,521
CHOP Public Shares (3) 6,156,202 9,459,973
Warrant conversion since Nov 2009 1,632,415
Basic Shares Outstanding 45,551,909
CHOP Insider Warrants (Exercisable at $5.00 and Callable at $8.50) 2,266,667
CHOP Publicly Shares Traded Warrants (Exercisable at $5.00 and Callable at $8.50) 6,156,202 12,167,585
Underwriter Shares from COAC IPO (Part of Unexercised Unit Purchase Option) (1) 600,000
Underwriter Publicly Traded Warrants from COAC IPO (Part of Unexercised Unit Purchase Option) (1) 1,200,000
Representative Warrant Purchase Option (2) 144,000
Fully Diluted Shares Outstanding 61,930,161
(1) We have agreed to issue a Unit Purchase Option (UPO) which entitles its holder to purchase 600,000 units at $6.60 per unit
at or before 5:00 pm, New York City local time, on March 19, 2011. The holder may exercise the UPO on a cashless
basis. Each unit consists of one ordinary share and two warrants, each to purchase one ordinary share at $5.00 per share on or
before March 19, 2011 for a total of 1,800,000 ordinary shares.
(2) We have also agreed to issue to Maxim Group LLC, a warrant to purchase 144,000 ordinary shares (equal to an aggregate
of three (3%) percent of the ordinary shares sold in the offering). The warrants will have an exercise price equal to 120% of the
offering price of the ordinary shares sold in this offering, or $6.00. The warrants are exercisable commencing nine (9) months
after the effective date of the registration statement related to this offering, and will be exercisable for five (5) years after the
effective date of the registration statement.
(3) Includes the issuance of 3,303,771 of the Company's ordinary shares via a private placement closed on June 4, 2010

24
Investment Highlights
• High Value-Added, Customized Products: Focused on customized high
value-added, high margin steel production (~30% gross margins)
• Rapidly Growing Niche Market: Robust demand in China driven by rising
purchasing power and import replacement
• Market Leader: Largest producer of high precision cold rolled narrow strip
steel in China
• Significant Barriers to Entry: Highly capital intensive business + favorable
PRC government policies prevent new entrants
• Contract-Based Manufacturing Model: Produce only after customer order
received with a 30% cash deposit
• Strong Financial Performance: Revenue and Net Income CAGR (‘06-’09) of
30% and 40%, respectively; strong balance sheet & operating cash flow
• Compelling Growth Strategy: Doubling production capacity / planned margin
expansion via further upgraded product portfolio mix
• Experienced Management Team: CEO with over 20 yrs of steel industry
experience; U.S. trained CFO with CPA/MBA

25
Contact Information
Company Contact:
CCG Investor Relations:
Email: investors@geruigroup.com
Athan Dounis, Account Manager
Website: www.geruigroup.com Phone: 1-646-213-1916
Email: athan.dounis@ccgir.com
www.ccgirasia.com
Legal Counsel:
Pillsbury Winthrop Shaw Pittman LLP
Auditor: UHY Vocation HK CPA Ltd.

Thank You