CJGH Reports Annual Revenue of $12.9 Million

China Jiangsu Golden Horse Steel Ball, Inc. (CJGH:PK) reported revenues of $12.9 million for fiscal year ending December 31, 2007. CJGH a Chinese manufacturer and supplier of ball bearings, released the revenue news this morning saying for the year ended December 31, 2007, the Company recorded revenue of $12.9 million, an increase of $1.4 million or 12.0% from the $11.5 million recorded in fiscal 2006 .

The increase in revenue is from a growing global demand for steel bearings as the Company had positive growth in sales from its existing customer base as well as obtaining new customers in 2007.

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