1. Sutor Technology Group Investor Presentation May 2010

2. This presentation includes certain statements that are not descriptions of historical facts, but are forward-looking statements. Such statements include, among others, those concerning our new production lines, our expected financial performance and strategic and operational plans, our future operating results, our expectations regarding the market for our steel finishing fabrication products, our expectations regarding the continued growth of the steel market, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause our actual results to differ materially from those anticipated, expressed or implied in the forward-looking statements. These risks and uncertainties include, but not limited to, the factors mentioned in the Risk Factors section of our Annual Report on Form 10-K for the year ended June 30, 2009 and other risks mentioned in our other reports filed with the Securities Exchange Commission, or SEC. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at www.sec.gov. The words believe, expect, anticipate, project, targets, optimistic, intend, aim, will or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law. Safe Harbor Statement

3. NASDAQ: SUTR FYE: June 30 Equity Snapshot Price ( as of 3/13/10) $2.58 Basic Shares Outstanding 40.7 MM Market Cap $105.0 MM Enterprise Value $147.6 MM Cash + Restricted Cash (as of 3/31/10) $65.0 MM Net Debt (Incl. restricted cash, as of 3/31/10) $42.6 MM Total Assets (as of 3/31/10) $318.9 MM Net Tangible Asset per Shares (as of 3/31/10) $4.02 Street CY 2010E EPS Estimates $0.51 Diluted EPS (TTM) $0.24

4. Investment Highlights Strategic partnership with supplier and customers Large market opportunity in growing industry Integrated service strategy – difficult to duplicate Strategically located near strong customer base Innovation-focused strategy to ensure future growth Favorable economic and business environment

5. Company Overview Leading China-based fine finished steel manufacturer Key products – hot-dip galvanized steel; pre-printed galvanized steel; cold rolled steel; acid pickled steel; and welded steel pipes Founded in 2002 Capacity of 2.0 million metric tons per year; 10 major production lines Headcount: R&D 70, Manufacturing 565, Head Office 65 Key Verticals – Green energy (solar heaters); Household appliances; Autos; Infrastructure; Casting parts.

6. Sutor Technology Group Limited (SUTR) Changshu Huaye Steel Strip Co., Ltd. (PRC) Jiangsu Cold-Rolled Technology Co., Ltd. (PRC) Ningbo Zhehua Heavy Steel Pipe Manufacturing Co., Ltd. (PRC) Sutors Business 400,000 MT capacity Longitudinal double submerged-arc welded steel pipe Small & large diameter and spiral seamed 300,000 MT Capacity HDG (Hot-Dip Galvanized Steel Strip) 200,000 MT Capacity PPGI (Pre-Painted Galvanized Steel Strip) 500,000 MT Capacity AP Steel (Acid Pickled Steel Strip) 250,000 MT Capacity Cold-rolled Steel 400,000 MT Capacity HDG

7. Hot Coiled Rolls Acid Pickling Cold Rolling HDG PPGI Pipeline Ningbo Zhehua Steel Pipe Key Products

8. Growth Drivers Government Policies $586 billion government stimulus package directly flows to infrastructure Rural & trade-in policy for household appliances 13% tax rebate for exported value add steel products Market Forces Industrial upgrading requires high-end steel products Chinas urbanization trend spurs demand of welded steel pipe in natural gas transmission, water supply and sewage, etc. Fixed asset investment expected to grow by 25% in 2010

9. Selected SUTR infrastructure projects Airport construction Piling applications for bridge construction (Hangzhou Bay Bridge) China West-East Natural Gas Transmission Diversified product offering reduces operational risk and enhances growth potential Key Verticals

10. 67 Agents End Users 50 Sales Professionals Harbin Changchun Urumqi Xining Lanzh ou Chengdu Chongqing Kunming Guangzhou Fuzhou Changsha Wuhan Xian Nanchang Hangzhou Shanghai Nanjing Beijing Tianjin Jinan Qingdao Shijiazhuang Yinchuan Zhengzhou Shenyang Nationwide Sales Network Focus on developed Eastern China Direct sales force consists of approximately 50 sales & marketing professionals as of June 30, 2009 Indirect sales channel consists of about 67 agent companies covering all major cities in China as of June 30, 2009 Sales through related party Shanghai Huaye Iron & Steel Group

11. Product Quality R&D efforts and equipment importation ensures high product quality Compliance with major international standards Approved supplier for Midea, Hitachi, Sunrain, and LG API certification (American Petroleum Institute) National & Provincial High-Tech Brand and Jiangsu Well-known Brand recognition Ningbo Zhehua is a qualified supplier for CNPC, Petro China, and Sinopec

12. Innovation-focused Strategy Only R&D center that focuses on fine finished steel technology in Jiangsu Province In-house intellectual property: 20 self-developed patents (10 invention, 3 Utility model, 7 appearance-design) JCOE, an advanced technology in the welded steel pipe industry, can offer high-end welded steel pipe for gas & oil transmission projects Strategic alliance with Mid-South University: Chinas leading institute in steel technology research New product initiatives: anti-bacteria steel products approved by industry experts Anti-Corrosion Wall Anti-Static Workstand Anti-Scrape Door

13. Acid Picking Cold Rolling HDG PPGI Welded Steel Pipe Distribution Channel Direct Sales Sutor has vertically integrated services model One stop solutions to address clients specific needs Customized processing services to address preliminary processing services Customize our products according to the specifics provided by our customers Processing Sales and Distribution Diversified Product Offering Ten production lines Customized Processing Services Post-sales Customer Services Customized logistic solution One Stop Solutions Value Added Services Customer Loyalty Integrated Service Strategy

14. Competitive Advantages SUTR Private-owned Competitors State-owned Competitors Foreign invested Competitors Highly automated facilities Vertical integration model Portfolio of wide range of products Provincial level R & D Center Customized R&D for solar water heater manufacturers Low-ended products Limited product portfolio Small size & capacity Shorter lead time Higher flexibility Lower cost Customer-oriented service Quick order disposal Longer lead time Less flexibility Higher cost Non-customer oriented Mature procurement channels Competitive price Highly integrated logistics system Strong sales network Higher production cost Higher price Higher transportation cost SUTR

15. Growth Strategies Improve Capacity Utilization of The New 400k Ton HDG Lines Develop New Products Increase Capacity From 2.0M Tons to Approx. 6.0M Tons via Acquisitions Build New High- impact Production Facilities Expand Sales Channels into New Markets

16. Company Performance Revenue ($MM) and Gross Margin Net Income ($MM) and Net Margin

17. Balance Sheet (In Millions USD)As of June 30As of March 31 200820092010 Cash (incl. restricted cash)$71.3$62.3$65.1 Total Current Assets233.6234.2244.7 Total Assets296.5314.5318.9 Debt137.6107.4107.6 Total Liabilities163.7156.2152.2 Shareholders Equity132.7158.3166.7

18. Yongfei, Jiang CFO, Treasurer & Secretary Yongfei, Jiang CFO, Treasurer & Secretary Lifang, Chen Chairperson & CEO Lifang, Chen Chairperson & CEO Xun, Zhang CTO Xun, Zhang CTO Founder and Chairperson of Sutor Technology Group Director of civil administrative bureau of Xiaoshan District, Hangzhou from 1993 to 2001 Extensive experience in enterprise management in fine finished steel industry CFO, Treasurer and Secretary since February of 2007 Former CFO of Changshu Huaye Finance manager of Guangzhou Huaye Trading Co., Ltd. from 2002 to 2005 CTO since June of 2007 Previously worked as Chief Project Engineer Deputy Chief Engineer at Baoshan Iron & Steel Co., Ltd. from 1995 to 2005 Eric Zhou, Ph.D., CFA Management Team VP Finance since February 2010 15 years of capital market and industry experiences B.Sc. In Petroleum Engineering from China Petroleum University MBA and Ph.D. from The University of Texas at Austin

19. Gerard Pascale Audit Committee Chairman & Independent Director Gerard Pascale Audit Committee Chairman & Independent Director Xinchuang Li Governance Committee Chairman & Independent Director Xinchuang Li Governance Committee Chairman & Independent Director Guoyou Shao Compensation Committee Chairman & Independent Director Guoyou Shao Compensation Committee Chairman & Independent Director Served as Chairman of Audit Committee and Director for Sutor from Jan. 2010. President and CEO of SC Financial Group, LLC Director, Finance of Heritage Management Consultants, Inc. Senior Financial Analyst of Intel Corporation MBA from Chicago University Certified Public Accountant Chairman of Fortis Haitong Investment Management Company since 2002 President of Haitong Fund Management since 2002 Secretary of Party Branch of Changchun Normal University from 1991 to 1994. Vice President of Economics Department Party Branch of Jilin University from 1975 to 1991. Executive Director of China Metallurgical Industry Planning & Research Institute since 2008 Vice Chief Engineer of China Metallurgical Industry Planning & Research Institute since 1998 Vice Director and Chief Engineer of China Metallurgical Industry Planning & Research Institute since 2002 Masters degree in Business Administration from Fordham University and Beijing University. Board of Directors

20. Contact Information Company Sutor Technology Group Ltd Company Sutor Technology Group Ltd Legal Counsel Pillsbury Winthrop Shaw Pittman LLP Legal Counsel Pillsbury Winthrop Shaw Pittman LLP Eric Zhou – VP Finance 12F, Building B, World Trade Center 45 North Haiyu Road, Changshu, China 215500 (86) 137 7305 0023 Cell ericzhou@sutorcn.com 2300 N Street, NW Washington, DC 20037 (202) 663 8158 Auditor Baker Tilly International Hansen, Barnett, & Maxwell LLC Auditor Baker Tilly International Hansen, Barnett, & Maxwell LLC Robert Brown 5 Triad Center, Suite 750 55 North 300 West Salt Lake City, UT (801) 532 2200 rbowen@hbmcpas.com Investor Relations ICR Investor Relations ICR Brian M. Prenoveau, CFA 441 Lexington Avenue, 4 th Floor New York, NY (203) 682-8200 brian.prenoveau@icrinc.com