Shengli Oil & Gas Pipe Holdings LtdHKG 1080 Stock Report

Shengli Oil & Gas Pipe Holdings Ltd. operates as an investment holding company, which engages in the manufacturing of oil and gas pipelines. The company is headquartered in Zibo, Shandong and currently employs 531 full-time employees. The company went IPO on 2009-12-18. The firm operates through two business segments. The Pipes Business segment is engaged in the production of submerged-arc helical welded pipes, submerged-arc longitudinal welded pipes and cold-formed section steel, which are mainly used for the oil and infrastructure industry. The Trading of Metal Commodity Business segment is mainly engaged in the trading of electrolytic copper, aluminum ingot and aluminum oxide. The firm is also involved in the provision of equity investment, investment management and investment consultation business through its subsidiaries.