GONGYI, China, Oct. 17, 2013 /PRNewswire/ -- China GengSheng
Minerals, Inc. (NYSE MKT: CHGS) (the "Company" or "GengSheng"), a
leading China-based high-tech
industrial materials manufacturer producing heat-resistant,
energy-efficient materials for a variety of industrial
applications, today confirmed that in view of unusual market
activity in its common stock on Wednesday,
October 16, 2013, the NYSE MKT LLC contacted the Company in
accordance with its standard practices. The Company stated that its
policy is not to comment on unusual market activity, and is unaware
of any non-public information that would account for the unusual
trading activity.
About China GengSheng Minerals, Inc.
China GengSheng Minerals, Inc. ("GengSheng") develops,
manufactures and markets a broad range of high-tech industrial
material products, including monolithic refractories, industrial
ceramics, fracture proppants and fine precision abrasives. A market
leader offering customized solutions, GengSheng sells its products
primarily to the iron and steel industry as heat-resistant
components for steel-making furnaces, industrial kilns and other
high-temperature vessels to guarantee and improve the productivity
of those expensive pieces of equipment, while reducing their
consumption of energy. Founded in 1986 and based in China's Henan
province, GengSheng currently has over 170 customers in the iron,
steel, oil, glass, cement, aluminum and chemical businesses located
in China and other countries.
GengSheng conducts business through GengSheng International
Corporation, a British Virgin
Islands company, and its Chinese subsidiaries, which are
Henan GengSheng Refractories Co., Ltd., Zhengzhou Duesail Fracture
Proppant Co., Ltd., Henan GengSheng Micronized Powder Materials
Co., Ltd, Guizhou SouthEast Prefecture Co., Ltd., GengSheng New
Materials Co., Ltd, Henan GengSheng High Temperature Materials Co.,
Ltd. and Henan Yuxing Proppant Co., Ltd.
For more information about the Company, please visit
http://www.gengsheng.com.
For more information, please contact:
China GengSheng Minerals, Inc.
Investor Relations
Mr. Shuai Zhang
Shuai298@126.com
+86-371-6405-9846
SOURCE China GengSheng Minerals, Inc.