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Posted On: 11/17/2016 5:17:34 PM
Post# of 99177
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Posted By: PoemStone
$CLNT candle $0.87
Nasdaq CM
Ultra low float

Website


Revenue for the third quarter of 2016 decreased by 66.9%
to $4.0 million, compared to $12.0 million for the same period of 2015.
WUXI, Jiangsu Province, China, Nov. 15, 2016

10/Q 11/14/16


Shares Outstanding 5.24M
Float 3.74M

% Held by Insiders 38.07%
% Held by Institutions 1.10%
Shares Short 92.58k
Short Ratio 2.44
Short % of Float 2.26%
Shares Short (prior month) 107.94k


Cleantech Solutions International, Inc., through its subsidiaries, manufactures and sells forged products and fabricated products to various clean technology customers in the People’s Republic of China. The company operates through two segments, Forged Rolled Rings and Related Components; and Dyeing and Finishing Equipment. The Forged Rolled Rings and Related Components segment offers precision forged rolled rings, shafts, flanges, and other forged components for the wind power and other industries. This segment sells its products to the manufacturers of industrial equipment. The Dyeing and Finishing Equipment segment designs, manufactures, and distributes various dyeing and finishing machinery, which are used in dyeing yarns, such as pure cotton, cotton-polyester, terylene, polyester wool, poly-acrylic fiber, nylon, cotton ramie, and wool yarn. The company was formerly known as China Wind Systems, Inc. and changed its name to Cleantech Solutions International, Inc. in June 2011. Cleantech Solutions International, Inc. is based in Wuxi, the People’s Republic of China.

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