**Exhibit
      32**





**Certification
      of the President and**


**the
      Chief Financial Officer**


**Pursuant
      to 18 U.S.C. Section 1350,**


**as
      Adopted Pursuant to Section 906 of the**


**Sarbanes-Oxley
      Act of 2002**





I,
      Wo
      Hing Li, President of China Precision Steel, Inc. (the “Company”), certify,
      pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:





|a) | The
              Quarterly Report on Form 10-Q of the Company for the quarterly period
              ended December 31, 2006 fully complies with the requirements of Section
              13(a) or 15(d) of the Securities Exchange Act of 1934;
              and
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|b) | The
              information contained in the Quarterly Report fairly presents, in all
              material respects, the financial condition and results of operations
              of
              the Company.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------










Date:
      February 13, 2007     By:
      /s/ Wo Hing
      Li


Wo
      Hing
      Li


President





A
      signed
      original of this written statement required by Section 906 has been provided
      to
      the Company and will be retained by the Company and furnished to the Securities
      and Exchange Commission or its staff upon request.










I,
      Leada
      Tak Tai Li, Chief Financial Officer of China Precision Steel, Inc. (the
“Company”), certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
      that:





|a) | The
              Quarterly Report on Form 10-Q of the Company for the quarterly period
              ended December 31, 2006 fully complies with the requirements of Section
              13(a) or 15(d) of the Securities Exchange Act of 1934;
              and
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|b) | The
              information contained in the Quarterly Report fairly presents, in all
              material respects, the financial condition and results of operations
              of
              the Company.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------










Date: February
      13, 2007      By:
      /s/ Leada Tak Tai
      Li


Leada
      Tak
      Tai Li


Chief
      Financial Officer





A
      signed
      original of this written statement required by Section 906 has been provided
      to
      the Company and will be retained by the Company and furnished to the Securities
      and Exchange Commission or its staff upon request.