| Corporate History and Growth |
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| October 2008 |
WSP Holdings is now building new manufacturing and sales facilities of Bazhou Seamless Oil Pipes Company Limited (¡°Bazhou Seamless¡±) in Xinjiang Autonomous Region
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| July 2008 |
WSP China acquires 100% equity ownership of Mengfeng Special Steel Co., Ltd. |
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| April 2008 |
Songyuan Seamless Oil Pipes Company Limited (¡°Songyuan Seamless¡±), a wholly-owned subsidiary of WSP China, was incorporated in Songyuan, China. |
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| April 2008 |
One of our wholly-owned subsidiaries, First Space Holdings Limited (¡°FSHL¡±) established Liaoyang Seamless Oil Pipes Company Limited, a company with $40 million initial registered capital in Liaoning province, China, in which FSHL holds a 70% equity interest. |
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| April 2008 |
Houston OCTG Group, Inc, (¡°Houston OCTG¡±) in Houston, Texas, a wholly-owned subsidiary of FSHL, was incorporated. |
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| March 2008 |
Specified Equipment Manufacturing license was obtained. |
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| January 2008 |
WSP Holdings Limited issued an additional 2,894,900 ADSs, representing 5,789,800 ordinary shares. |
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| December 2007 |
We successfully completed an IPO of 25,000,000 American Depositary Shares ("ADSs") which started trading on the New York Stock Exchange under the ticker symbol ¡°WH". |
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| September 2007 |
ISO14001 Environment Management System Certificate and ISO18001 Healthy and Safe System Certificate were obtained. |
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| July 2007 |
A hot-rolling pipe production line in Jiangsu Fanli started to operate with green pipes production capacity of 100,000 Tons Per Annum. |
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| January 2007 |
Production of green pipes started at a new hot-rolling-pipe plant in Wuxi with an annual production capacity of 450,000 Tons Per Annum. |
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| November 2006 |
WSP Holdings, Ltd. was incorporated in the Cayman Islands. It is the holding company for WSP China. |
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| April 2006 |
WSP China acquired a 70% equity interest in Jiangsu Fanli Pipe Co., Ltd |
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| May 2005 |
Three new products were awarded the title of high-tech product in Jiangsu Province. |
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| December 2004 |
Special grade steel WSP-105H was invented for thermal production wells. |
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| November 2004 |
A new 450,000 Tons Per Annum hot-rolling-pipe plant started construction. |
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| July 2003 |
Buttress thread oil pipe connector was invented. |
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| November 2002 |
The company was certified as Jiangsu High-tech Corporation by Jiangsu Provincial Science& Technology Department. |
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| February 2002 |
American Petroleum Institute certifications were obtained (5CT,5L,5D,7). |
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| February 2002 |
American Petroleum Institute certifications were obtained. |
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| August 2001 |
A 150,000 Tons Per Annum threading plant started production. |
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| November 1999 |
WSP China, Inc. was incorporated to design, manufacture process and sell seamless OCTG products. |