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Fushi Copperweld, Inc.  (Nasdaq: FSIN) ROTH OC Conference 2009
Safe Harbor Statement Except for the historical statements made herein, the statements made in this presentation are forward-looking statements that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks.  All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company’s reports filed with the Securities and Exchange Commission. Fushi Copperweld, Inc. undertakes no duty to update these forward-looking statements.
Fushi Copperweld – Who we are ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Our business Market reach Key metrics *Encludes $0.11 million tax-loss carry forward- **EPS excludes  $0.08 litigation accrual
Company Highlights Market Leader Brand & Technology Dominance Margin increase Growth Potential ,[object Object],[object Object],[object Object],[object Object],[object Object],the power of two Increased capacity
Bimetallics vs. Pure Copper ,[object Object],[object Object],[object Object],[object Object],Cost benefits and technological advantages of bimetallics *Source: New York Commodities Exchange (COMEX) high-grade copper trading prices January 2003 - January 2009
Applications of Bimetallics Each category below can serve as a significant revenue driver. Shown are area percentage of sales.
Expansive Global Distribution ,[object Object],Net sales breakdown by region Q1-Q3’08: Dalian Telford Fayetteville
Targeted Growth Markets Telecommunication Transportation Electrical Power Utilities Electrical Wire and Cable
Top Five Customer Breakdown
[object Object],Top Five Customer Breakdown Q1-3/2008
Fushi’s Strong Financial Performance *Copperweld Bimetallics LLC, acquired Oct. 29, 2007.  All figures are in millions of USDs * * * Revenue CAGR = 56.1% — EBITDA CAGR = 52.2%
Fushi Key Financial Metrics Net Income Growth (in millions of USD) Gross Margin % EBITDA Margin SG&A as % of Sales * Copperweld Bimetallics LLC, acquired Oct. 29, 2007 — ** Net Income Includes $2.1 million litigation accrual
EPS Growth (in $ per share) *Excludes $0.11 tax-loss carry forward- **EPS excludes  $0.08 litigation accrual * ** 1.03  -
Strong Balance Sheet September 31, 2008 (Unaudited) December 31, 2007 Cash 50,043,410 79,914,758 Accounts Receivable 50,018,459 23,611,186 Inventory 20,444,709 12,308,295 Plant and Equipment 107,816,898 87,228,600 Total assets 294,616,554 246,468,617 Current Liabilities 43,542,897 33,665,563 Long-term Liabilities 45,305,993 68,515,396
Capacity Expansion *Estimated annualized capacity and actual YTD production, FY08 92.63% 96.56% 93.77% 82.83% 60% Utilization % (Output/Capacity) 4,800 4,446 8,400 8,111 12,000 11,152 26,000 ——— CCA: 22,650 CCS: 3,350 21,536 ——— CCA: 19.936 CCS: 1,600 63,500 ——— CCA: 46,400 CCS: 17,100 28,366 ——— CCA: 22,331 CCS: 6,035
Dalian Fayetteville Fayetteville    Dalian ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Addressing Demand
Highly Experienced Management Team the power of two Chairman & CEO Li Fu President/CFO Chris Wang Mr. Fu is the Chairman and CEO of Fushi Copperweld, which he founded in 2001.  Mr. Fu holds a degree in engineering from PLA University of Science and Technology. Under his leadership, Fushi has experienced phenomenal growth. Wenbing Chris Wang has served as CFO of Fushi Copperweld since 2005 and President since January of 2008.  Mr. Wang has worked for Redwood Capital, China Century, and Credit Suisse First Boston. Mr. Wang holds an MBA from the University of Rochester.  Mr. Wang was named one of the top ten CFO’s of 2007 in China by CFO magazine. EVP, Chief Operating Officer Dwight Berry Dwight Berry oversees Fushi Copperweld's sales, R&D, and manufacturing operations at all locations wordlwide. Mr. Berry has 15 years of direct CATV/wire and cable experience and over 20 years experience in manufacturing management. Mr. Berry's education includes a B.S. from Mississippi College and the Wharton Financial School at the University of Pennsylvania.
Company Highlights Market Leader Brand & Technology Dominance Margin increase Growth Potential ,[object Object],[object Object],[object Object],[object Object],[object Object],the power of two Increased capacity
Contact Us Investor contact Beijing office ,[object Object],• Fushi Copperweld, Inc. TYG Center Tower B, Suite 2601  Dong San Huan Bei Lu Bing 2 Beijing PRC 100027 Tel + 139 1150 8107   +1 931 652 2433 Thank you!
Appendix: Bimetallic Wire Basics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PRC Broadband Subscribers (in millions) Q1/07 Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08 *Source: China Telecom, China Netcom
PRC Mobile Subscribers (in millions) Q1/07 Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08 *Source: China Mobile, China Unicom

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Roth OC 2009

  • 1. Fushi Copperweld, Inc. (Nasdaq: FSIN) ROTH OC Conference 2009
  • 2. Safe Harbor Statement Except for the historical statements made herein, the statements made in this presentation are forward-looking statements that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company’s reports filed with the Securities and Exchange Commission. Fushi Copperweld, Inc. undertakes no duty to update these forward-looking statements.
  • 3.
  • 4.
  • 5.
  • 6. Applications of Bimetallics Each category below can serve as a significant revenue driver. Shown are area percentage of sales.
  • 7.
  • 8. Targeted Growth Markets Telecommunication Transportation Electrical Power Utilities Electrical Wire and Cable
  • 9. Top Five Customer Breakdown
  • 10.
  • 11. Fushi’s Strong Financial Performance *Copperweld Bimetallics LLC, acquired Oct. 29, 2007. All figures are in millions of USDs * * * Revenue CAGR = 56.1% — EBITDA CAGR = 52.2%
  • 12. Fushi Key Financial Metrics Net Income Growth (in millions of USD) Gross Margin % EBITDA Margin SG&A as % of Sales * Copperweld Bimetallics LLC, acquired Oct. 29, 2007 — ** Net Income Includes $2.1 million litigation accrual
  • 13. EPS Growth (in $ per share) *Excludes $0.11 tax-loss carry forward- **EPS excludes $0.08 litigation accrual * ** 1.03 -
  • 14. Strong Balance Sheet September 31, 2008 (Unaudited) December 31, 2007 Cash 50,043,410 79,914,758 Accounts Receivable 50,018,459 23,611,186 Inventory 20,444,709 12,308,295 Plant and Equipment 107,816,898 87,228,600 Total assets 294,616,554 246,468,617 Current Liabilities 43,542,897 33,665,563 Long-term Liabilities 45,305,993 68,515,396
  • 15. Capacity Expansion *Estimated annualized capacity and actual YTD production, FY08 92.63% 96.56% 93.77% 82.83% 60% Utilization % (Output/Capacity) 4,800 4,446 8,400 8,111 12,000 11,152 26,000 ——— CCA: 22,650 CCS: 3,350 21,536 ——— CCA: 19.936 CCS: 1,600 63,500 ——— CCA: 46,400 CCS: 17,100 28,366 ——— CCA: 22,331 CCS: 6,035
  • 16.
  • 17. Highly Experienced Management Team the power of two Chairman & CEO Li Fu President/CFO Chris Wang Mr. Fu is the Chairman and CEO of Fushi Copperweld, which he founded in 2001. Mr. Fu holds a degree in engineering from PLA University of Science and Technology. Under his leadership, Fushi has experienced phenomenal growth. Wenbing Chris Wang has served as CFO of Fushi Copperweld since 2005 and President since January of 2008. Mr. Wang has worked for Redwood Capital, China Century, and Credit Suisse First Boston. Mr. Wang holds an MBA from the University of Rochester. Mr. Wang was named one of the top ten CFO’s of 2007 in China by CFO magazine. EVP, Chief Operating Officer Dwight Berry Dwight Berry oversees Fushi Copperweld's sales, R&D, and manufacturing operations at all locations wordlwide. Mr. Berry has 15 years of direct CATV/wire and cable experience and over 20 years experience in manufacturing management. Mr. Berry's education includes a B.S. from Mississippi College and the Wharton Financial School at the University of Pennsylvania.
  • 18.
  • 19.
  • 20.
  • 21. PRC Broadband Subscribers (in millions) Q1/07 Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08 *Source: China Telecom, China Netcom
  • 22. PRC Mobile Subscribers (in millions) Q1/07 Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08 *Source: China Mobile, China Unicom