Sutor Technology Group

Investor PresentationMay 2010

This presentation includes certain statements that are not descriptions of historical facts, but are forward-looking statements. Such statements include, among others, those concerning our new production lines, our expected financial performance and strategic and operational plans, our future operating results, our expectations regarding the market for our steel finishing fabrication products, our expectations regarding the continued growth of the steel market, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause our actual results to differ materially from those anticipated, expressed or implied in the forward-looking statements. These risks and uncertainties include, but not limited to, the factors mentioned in the “Risk Factors” section of our Annual Report on Form 10-K for the year ended June 30, 2009 and other risks mentioned in our other reports filed with the Securities Exchange Commission, or SEC. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at www.sec.gov. The words “believe,” “expect,” “anticipate,” “project,” “targets,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.

Safe Harbor Statement

NASDAQ: SUTR FYE: June 30

Equity Snapshot

Price ( as of 3/13/10) $2.58

Basic Shares Outstanding 40.7 MM

Market Cap $105.0 MM

Enterprise Value $147.6 MM

Cash + Restricted Cash (as of 3/31/10) $65.0 MM

Net Debt (Incl. restricted cash, as of 3/31/10) $42.6 MM

Total Assets (as of 3/31/10) $318.9 MM

Net Tangible Asset per Shares (as of 3/31/10) $4.02

Street CY 2010E EPS Estimates $0.51

Diluted EPS (TTM) $0.24

Investment Highlights

Strategic partnership with supplier and customers

Large market opportunity in growing industry

Integrated service strategy – difficult to duplicate

Strategically located near strong customer base

Innovation-focused strategy to ensure future growth

Favorable economic and business environment

Company Overview Leading China-based fine finished steel manufacturer

Key products – hot-dip galvanized steel; pre-printed galvanized steel; cold rolled steel; acid pickled steel; and welded steel pipes

Founded in 2002

Capacity of 2.0 million metric tons per year; 10 major production lines

Headcount: R&D 70, Manufacturing 565, Head Office 65

Key Verticals – Green energy (solar heaters); Household appliances; Autos; Infrastructure; Casting parts.

Sutor Technology Group Limited

(SUTR)

Sutor Technology Group Limited

(SUTR)

Changshu Huaye Steel Strip

Co., Ltd. (PRC)

Changshu Huaye Steel Strip

Co., Ltd. (PRC)

Jiangsu Cold-Rolled Technology

Co., Ltd. (PRC)

Jiangsu Cold-Rolled Technology

Co., Ltd. (PRC)

Ningbo Zhehua Heavy Steel

Pipe Manufacturing Co., Ltd. (PRC)

Ningbo Zhehua Heavy Steel

Pipe Manufacturing Co., Ltd. (PRC)

Sutor’s Business

400,000 MT capacity Longitudinal double

submerged-arc welded steel pipe

Small & large diameter and spiral seamed

300,000 MT Capacity HDG (Hot-Dip Galvanized Steel Strip)

200,000 MT Capacity PPGI (Pre-Painted Galvanized Steel Strip)

500,000 MT Capacity AP Steel (Acid Pickled Steel Strip)

250,000 MT Capacity Cold-rolled Steel

400,000 MT Capacity HDG

Hot Coiled Rolls

Acid Pickling

Cold Rolling

HDG

PPGI

Pipeline

Ningbo Zhehua Steel Pipe

Key Products

Growth DriversGovernment Policies

$586 billion government stimulus package directly flows to infrastructure

Rural & trade-in policy for household appliances

13% tax rebate for exported value add steel products

Market Forces Industrial upgrading requires high-end steel products

China’s urbanization trend spurs demand of welded steel pipe in natural gas transmission, water supply and sewage, etc.

Fixed asset investment expected to grow by 25% in 2010

Selected SUTR infrastructure projects Airport construction Piling applications for bridge construction

(Hangzhou Bay Bridge) China West-East Natural Gas Transmission

Selected SUTR infrastructure projects Airport construction Piling applications for bridge construction

(Hangzhou Bay Bridge) China West-East Natural Gas Transmission

Diversified product offering reduces operational risk and enhances growth potential

Key Verticals

67 Agents

End Users

50 Sales Professionals

Harbin

Changchun

Urumqi

XiningLanzhou

ChengduChongqing

Kunming Guangzhou

FuzhouChangsha

Wuhan

Xian

Nanchang

Hangzhou

ShanghaiNanjing

Beijing

TianjinJinan

QingdaoShijiazhuang

Yinchuan

Zhengzhou

Shenyang

Nationwide Sales NetworkFocus on developed Eastern China

Direct sales force consists of approximately 50 sales & marketing professionals as of June 30, 2009

Indirect sales channel consists of about 67 agent companies covering all major cities in China as of June 30, 2009

Sales through related party Shanghai Huaye Iron & Steel Group

Focus on developed Eastern China Direct sales force consists of approximately 50 sales & marketing

professionals as of June 30, 2009 Indirect sales channel consists of about 67 agent companies

covering all major cities in China as of June 30, 2009 Sales through related party Shanghai Huaye Iron & Steel Group

Product QualityR&D efforts and equipment importation ensures high product quality

Compliance with major international standards Approved supplier for Midea, Hitachi, Sunrain, and LG API certification (American Petroleum Institute) “National & Provincial High-Tech Brand” and “Jiangsu Well-

known Brand” recognition Ningbo Zhehua is a qualified supplier for CNPC, Petro China,

and Sinopec

R&D efforts and equipment importation ensures high product quality Compliance with major international standards Approved supplier for Midea, Hitachi, Sunrain, and LG API certification (American Petroleum Institute) “National & Provincial High-Tech Brand” and “Jiangsu Well-

known Brand” recognition Ningbo Zhehua is a qualified supplier for CNPC, Petro China,

and Sinopec

Innovation-focused Strategy♦ Only R&D center that focuses on fine finished steel technology in Jiangsu Province♦ In-house intellectual property: 20 self-developed patents (10 invention, 3 Utility

model, 7 appearance-design)♦ JCOE, an advanced technology in the welded steel pipe industry, can offer high-

end welded steel pipe for gas & oil transmission projects♦ Strategic alliance with Mid-South University: China’s leading institute in steel

technology research♦ New product initiatives: anti-bacteria steel products approved by industry experts

Anti-Corrosion Wall

Anti-Corrosion Wall

Anti-Static Workstand

Anti-Static Workstand

Anti-Scrape Door

Anti-Scrape Door

•Acid Picking

•Cold Rolling

•HDG

•PPGI

•Welded Steel Pipe

•Distribution Channel

•Direct Sales

•Sutor has vertically integrated services model•One stop solutions to address clients’ specific needs •Customized processing services to address preliminary processing services •Customize our products according to the specifics provided by our customers

Processing Sales and

Distribution

Diversified Product

Offering

•Ten production

lines

•Customized

Processing

Services

Post-sales Customer

Services

•Customized logistic

solution

One Stop Solutions Value Added Services Customer Loyalty

Integrated Service Strategy

Competitive Advantages

SUTRSUTR Private-owned CompetitorsPrivate-owned Competitors

State-owned CompetitorsState-owned Competitors

Foreign invested CompetitorsForeign invested Competitors

Highly automated facilities Vertical integration model Portfolio of wide range of

products Provincial level R & D Center Customized R&D for solar water

heater manufacturers

Highly automated facilities Vertical integration model Portfolio of wide range of

products Provincial level R & D Center Customized R&D for solar water

heater manufacturers

Low-ended products

Limited product portfolio

Small size & capacity

Low-ended products

Limited product portfolio

Small size & capacity

Shorter lead time Higher flexibility Lower cost Customer-oriented

service Quick order disposal

Shorter lead time Higher flexibility Lower cost Customer-oriented

service Quick order disposal

Longer lead time Less flexibility Higher cost Non-customer

oriented

Longer lead time Less flexibility Higher cost Non-customer

oriented

Mature procurement channels Competitive price Highly integrated logistics

system Strong sales network

Mature procurement channels Competitive price Highly integrated logistics

system Strong sales network

Higher production cost Higher price Higher transportation

cost

Higher production cost Higher price Higher transportation

cost

SUTRSUTR

SUTRSUTR

Growth Strategies

Improve Capacity

Utilization of The New 400k Ton HDG Lines

Develop New Products

Increase Capacity From 2.0M Tons to Approx. 6.0M

Tons via Acquisitions

Build New High-impact Production Facilities

Expand Sales Channels into New Markets

Company Performance Revenue ($MM) and Gross

Margin Revenue ($MM) and Gross

Margin Net Income ($MM) and Net Margin Net Income ($MM) and Net Margin

496,961

660,979696,209

605,210

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

2007 2008 2009 9-month 2010

Total Sales Volume (MT)

Balance Sheet

(In Millions USD) As of June 30 As of March 31

2008 2009 2010

Cash (incl. restricted cash) $71.3 $62.3 $65.1

Total Current Assets 233.6 234.2 244.7

Total Assets 296.5 314.5 318.9

Debt 137.6 107.4 107.6

Total Liabilities 163.7 156.2 152.2

Shareholders Equity 132.7 158.3 166.7

Yongfei, JiangCFO,

Treasurer & Secretary

Lifang, ChenChairperson

& CEO

Xun, ZhangCTO

Founder and Chairperson of Sutor Technology Group Director of civil administrative bureau of Xiaoshan District, Hangzhou

from 1993 to 2001 Extensive experience in enterprise management in fine finished steel

industry

CFO, Treasurer and Secretary since February of 2007 Former CFO of Changshu Huaye Finance manager of Guangzhou Huaye Trading Co., Ltd. from 2002 to 2005

CTO since June of 2007 Previously worked as Chief Project Engineer Deputy Chief Engineer at Baoshan Iron & Steel Co., Ltd. from 1995 to

2005

Eric Zhou, Ph.D., CFA

Management Team

VP Finance since February 2010 15 years of capital market and industry experiences B.Sc. In Petroleum Engineering from China Petroleum University MBA and Ph.D. from The University of Texas at Austin

Gerard PascaleAudit Committee

Chairman & Independent Director

Xinchuang Li Governance Committee

Chairman & Independent Director

Guoyou ShaoCompensation Committee

Chairman & Independent Director

Served as Chairman of Audit Committee and Director for Sutor from Jan. 2010.

President and CEO of SC Financial Group, LLC Director, Finance of Heritage Management Consultants, Inc. Senior Financial Analyst of Intel Corporation MBA from Chicago University Certified Public Accountant

Chairman of Fortis Haitong Investment Management Company since 2002

President of Haitong Fund Management since 2002 Secretary of Party Branch of Changchun Normal University from

1991 to 1994. Vice President of Economics Department Party Branch of Jilin

University from 1975 to 1991.

Executive Director of China Metallurgical Industry Planning & Research Institute since 2008

Vice Chief Engineer of China Metallurgical Industry Planning & Research Institute since 1998

Vice Director and Chief Engineer of China Metallurgical Industry Planning & Research Institute since 2002

Master’s degree in Business Administration from Fordham University and Beijing University.

Board of Directors

Contact Information

CompanySutor Technology Group Ltd

Legal CounselPillsbury Winthrop Shaw Pittman

LLP

Eric Zhou – VP Finance12F, Building B, World Trade Center45 North Haiyu Road, Changshu, China

215500(86) 137 7305 0023 Cellericzhou@sutorcn.com

2300 N Street, NWWashington, DC 20037(202) 663 8158

AuditorBaker Tilly International

Hansen, Barnett, & Maxwell LLC

Robert Brown5 Triad Center, Suite 75055 North 300 West Salt Lake City, UT(801) 532 2200rbowen@hbmcpas.com

Investor Relations ICR

Brian M. Prenoveau, CFA441 Lexington Avenue, 4th FloorNew York, NY(203) 682-8200brian.prenoveau@icrinc.com