CHGS, China Geng Sheng Minerals, Profile, Summary
Geng Sheng Minerals – CHGS - manufactures and markets a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics and fine precision abrasives. A market leader offering customized solutions.
Geng Sheng 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.
Geng Sheng's business is improving gradually, though at a very slow pace, as reported by the company. The stock is bouncing back from the 52WK LOWS, looks very interesting, keep an eye!
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