Delong Holdings Limited Provides Earnings Guidance for the First Quarter Ended March 31, 2012

Delong Holdings Limited is an investment holding company. The Company is principally engaged in the manufacture and sale of hot-rolled steel coil (HRC), with the People's Republic of China as its principal market. The Company operates through manufacture and sale of hot-rolled steel coils and billets segment. The Company's other operations include finance leasing. The Company offers products, such as HRC ranging from 350 to 1,250 millimeters in width and 1.4 to 25 millimeters in thickness. The products are used for the infrastructure, pipe-making and machinery industries. The Company also exports some of its products to overseas markets, such as South Korea, Vietnam and Indonesia. Its subsidiary, Asia Paragon International Limited, is an investment holding company. The Company's subsidiary, Dexin Steel Pte Ltd, is a steel trading and procurement company.