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China Direct Industries' CEO Discusses F3Q 2011 Results - Earnings Call Transcript

China Direct Industries, Inc. ( CDII)

F3Q 2011 Earnings Call

August 15, 2011 4:30 PM ET

Executives

Richard Galterio – VP

Andrew Wang – CFO

James Wang – CEO and Chairman

Analysts

Amit Dayal – Rodman & Renshaw

Presentation

Operator

Greetings and welcome to the Third Quarter of Fiscal 2011 Earnings Conference Call for China Direct Industries’. For those of you who maybe new to the company, China Direct Industries trade’s on the NASDAQ global market under the symbol CDII.

China Direct Industries is a U.S.-based holding company that sources, produces and distributes industrial commodities in China and the Americas and provides cross-border business and financial advisory services.

Headquartered in Deerfield Beach, Florida, China Direct Industries have a unique infrastructure that provides a platform to expand business opportunities globally while effectively and efficiently assessing the U.S. capital markets. For more information on the company, please visit its website www.cdii.net.

Our call today is hosted by Mr. Andrew Wang, CFO; and Richard Galterio, Vice President. Additionally, Dr. James Wang, CEO and Chairman will also be available during the Q&A session that will follow management’s discussion of the third quarter ended June 30, 2011.

At this time, I would like to refer to the Safe Harbor statement under the Private Securities Litigation Reform Act of 1995. During this conference call, management may discuss financial projections, information or expectations about the company’s products or markets, or otherwise make statements about the future, which statements are forward-looking and subject to a number of risks and uncertainties, that could cause actual results to differ materially from the statements made. These risks and uncertainties are detailed in the company’s filing with the Securities and Exchange Commission including its most recent Form 10-K filed on December 23, 2010.

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