Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited (01938.HK)

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited ("PCK Steel Pipe”, the “Company”, together with its subsidiaries hereinafter referred to as the “Group”) is the largest manufacturer and exporter of longitudinal welded steel pipes in China. The Company has been listed on the Main Board of the Stock Exchange of Hong Kong Limited (the “Stock Exchange”) (Stock Code: 1938) since February 2010. Our steel pipes are mainly for energy transmission that includes oil and gas transmission pipelines, deep sea pipelines, city gas networks, petrochemicals, mining, power grid, offshore platform and infrastructure.

The Group’s production bases and offices are located in Panyu, Zhuhai, Lianyungang, Jiangyin, Ningbo, Indonesia, Saudi Arabia and Dubai, with 6 longitudinal submerged arc-welded (“LSAW”), 4 spiral submerged arcwelded (“SSAW”) and 1 electric resistance welded (“ERW”) production lines and other lines with a combined annual production capacity of 3,380,000 tonnes as at 31 December 2014.

The Group is an industry pioneer of LSAW steel pipes, strong in research and development, holding more than 50 registered utility patents including 5 registered invention patents, and has a long standing international and nationwide track record. Furthermore, the Group is the first and only steel pipe manufacturer in China to manufacture deep sea welded steel pipes for using under 1,500m water depth. We are also the core supplier of Shell and qualified supplier of Petrobras. The Group is the only welded pipe manufacturer in China that has received four national honours and awards, including “Gold Cup Prize for Actual Qualify of Metallurgical Products”, “National-recognised Enterprise Technology Centre”, “High and New Technology Enterprise”, and “Academician Workstation”, we are also the main drafter of the national standard for longitudinal welded steel pipes for transmission.