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April 24, 2012 - Glaucus Research Issues Follow-Up Report on Fushan April 11, 2012 - Glaucus Research Group California LLC is initiating coverage on Shougang Fushan Resources Group Limited (HK 639) with a Strong Sell Rating.We believe that Shougang Fushan Resources Group Limited (HK: 0639) (“Fushan”),a 2008 effective reverse merger trading on the Hong Kong stock exchange,has misrepresented its business and financial position to investors and that,as was the case with Chaoda ModernAgriculture (HK: 0682),regulators will halt trading of Fushan’s stock on account of such impropriety.