X0303 4 2009-08-10 0 0001410711 China Armco Metals, Inc. CNAM 0001088787 China Direct Industries, Inc. 431 FAIRWAY DRIVE SUITE 200 DEERFIELD BEACH FL 33441 0 0 1 0 0001448788 China Direct Investments, Inc. 431 FAIRWAY DRIVE, SUITE 200 DEERFIELD BEACH FL 33441 0 0 1 0 0001471069 Capital One Resource Co., Ltd. ROOM 804, SINO CENTRE, 582-592 NATHAN RD K3 852 HONG KONG 0 0 1 0 Common Stock 2009-08-10 4 S 0 9920 1.20 D 1279880 I Held by China Direct Investments and Capital One Common Stock 2009-08-14 4 S 0 2000 2.31 D 1277880 I Held by China Direct Investments and Capital One Common Stock 2009-08-21 4 S 0 20000 3.06 D 1257880 I Held by China Direct Investments and Capital One Common Stock 2009-08-24 4 S 0 41600 3.48 D 1216280 I Held by China Direct Investments and Capital One Common Stock 2009-08-25 4 S 0 10500 3.51 D 1205780 I Held by China Direct Investments and Capital One Common Stock 2009-08-27 4 S 0 250000 2.60 D 955780 I Held by China Direct Investments and Capital One 448,100 of these shares are owned directly by China Direct Investments, Inc. (?China Direct Investments?) and 831,780 of these shares are owned directly by Capital One Resource Co., Ltd. (?Capital One?). China Direct Investments and Capital One are wholly owned subsidiaries of China Direct Industries, Inc. (?China Direct?). China Direct is an indirect beneficial owner of the reported securities. 448,100 of these shares are owned directly by China Direct and 829,780 of these shares are owned directly by Capital One. 448,100 of these shares are owned directly by China Direct and 809,780 of these shares are owned directly by Capital One. 448,100 of these shares are owned directly by China Direct and 768,180 of these shares are owned directly by Capital One. 448,100 of these shares are owned directly by China Direct and 757,680 of these shares are owned directly by Capital One. 448,100 of these shares are owned directly by China Direct and 507,680 of these shares are owned directly by Capital One. /s/ Yuejian (James) Wang 2009-08-28 See signatures of other Reporting Persons on the attached Exhibit 99.1 2009-08-28