ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On November 11, 2008, China Precision Steel, Inc., a Delaware Corporation (the "Company") issued a press release announcing its financial results for its first quarter ended September 30, 2008. A copy of the press release is hereby furnished as Exhibit 99.1 and incorporated herein by reference.

ITEM 7.01. REGULATION FD DISCLOSURE.

In anticipation of the planned presentation on November 21, 2008 by the Company, to a group of potential investors at the China Comes to Vegas Conference in Las Vegas, Nevada, sponsored by ROTH Capital Partners, LLC (the "Roth Conference"), the Company is filing this current report on Form 8-K to disclose its planned presentation materials in order to avoid the selective disclosure of any material nonpublic information at the Roth Conference. The Company's presentation materials are attached hereto as Exhibit 99.2. On November 11, 2008, the Company presented the materials to a group of potential investors at the Rodman & Renshaw Annual Global Investment Conference in New York City.

The information contained in this Current Report on Form 8-K and the exhibits attached hereto shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information or such exhibits be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth in or exhibits to this Form 8-K shall not be deemed an admission as to the materiality of any information in this report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.

99.1 Press Release, dated November 11, 2008
99.2 Slide Presentation of China Precision Steel, Inc., November 2008

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