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Corporate History and Growth

 

 
   
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
   
July 2008 WSP China acquires 100% equity ownership of Mengfeng Special Steel Co., Ltd.
   
April 2008 Songyuan Seamless Oil Pipes Company Limited (¡°Songyuan Seamless¡±), a wholly-owned subsidiary of WSP China, was incorporated in Songyuan, China.
   
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.
   
April 2008 Houston OCTG Group, Inc, (¡°Houston OCTG¡±) in Houston, Texas, a wholly-owned subsidiary of FSHL, was incorporated.
   
March 2008 Specified Equipment Manufacturing license was obtained.
   
January 2008 WSP Holdings Limited issued an additional 2,894,900 ADSs, representing 5,789,800 ordinary shares.
   
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".
   
September 2007 ISO14001 Environment Management System Certificate and ISO18001 Healthy and Safe System Certificate were obtained.
   
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.
   
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.
   
November 2006 WSP Holdings, Ltd. was incorporated in the Cayman Islands. It is the holding company for WSP China.
   
April 2006 WSP China acquired a 70% equity interest in Jiangsu Fanli Pipe Co., Ltd
   
May 2005 Three new products were awarded the title of high-tech product in Jiangsu Province.
   
December 2004 Special grade steel WSP-105H was invented for thermal production wells.
   
November 2004 A new 450,000 Tons Per Annum hot-rolling-pipe plant started construction.
   
July 2003 Buttress thread oil pipe connector was invented.
   
November 2002 The company was certified as Jiangsu High-tech Corporation by Jiangsu Provincial Science& Technology Department.
   
February 2002 American Petroleum Institute certifications were obtained (5CT,5L,5D,7).
   
February 2002  American Petroleum Institute certifications were obtained.
   
August 2001 A 150,000 Tons Per Annum threading plant started production.
   
November 1999 WSP China, Inc. was incorporated to design, manufacture process and sell seamless OCTG products.
 

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