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February 26, 2013 - Glaucus Research Group California LLC issues a follow-up report on China Metal Recycling (HKEX: 0773) maintaining a Strong Sell Rating January 27, 2013 - China Metal Recycling (HKEX:0773) Supplemental Data January 27, 2013 - Glaucus Research Group California LLC is initiating coverage on China Metal Recycling (HKEX: 0773) with a Strong Sell RatingChina Metal Recycling Holdings Ltd. (“CMR” or the “Company”) purports to be the largest scrap metal recycling company in China. We believe that this is a lie. Publicly accessible import data from the Chinese government suggests that CMR is a blatant fraud that has deceived the market about the size of its business.