Shengli Oil & Gas Pipe Holdings Limited (01080.HK)

Shengli Oil & Gas Pipe Holdings Limited (“Shengli Pipe” or the “Company”) is one of the largest oil and gas pipeline manufacturers in China. We are one of the major producers of Submerged-arc Helical Welded (SAWH) pipes for China National Petroleum Corporation (“CNPC”) and China Petrochemical Corporation (“Sinopec Group”). We have 40 years history of producing SAWH pipes. We mainly focus on the production of SAWH pipes and Submerged-arc Longitudinal Welded (SAWL) pipes, and related anti-corrosion services. Our production facilities are mainly located at Zibo City, Dezhou City and Rizhao City in Shandong Province as well as Urumqi City in Xinjiang Uygur Autonomous Region, Xiangtan City in Hunan Province, and in Guangdong Province.

At present, the Company has 12 SAWH pipe production lines, and a cutting-edge tack and final welding pipe production line with an annual production capacity of 1.45 million tonnes, which is able to produce SAWH pipes with a diameter of Φ219~Φ2,200 mm, with weld thickness up to 25.4 mm and grade up to X120; a SAWL pipe production line with an annual production capacity of 400,000 tonnes, which is able to produce SAWL pipes with a diameter of Φ508~Φ1,422 mm, with weld thickness up to 60mm and grade up to X120.We have five external coating lines and four internal coating lines with annual coating capacity of over 10 million square meters, which can meet the external coating demand of producing pipes with a diameter of Φ219~Φ1,620 mm and the internal coating demand of producing pipes with a diameter of Φ426~Φ1,620 mm respectively...