Shengli Oil & Gas Pipe Holdings Limited is an investment holding company. The Company is engaged in manufacture, processing and sale of welded steel pipes for oil and gas pipelines and other construction and manufacturing applications. The Company operates in two segments: spiral submerged arc welded pipe operation (SSAW Pipes Business) and cold-formed section steel operation (Cold-formed Section Steel Business). The SSAW Pipes Business segment produce spiral submerged arc welded pipes, which are mainly used for the oil industry and the Cold-formed Section Steel Business produce the cold-formed section steel, which are mainly used for infrastructure industry. Its parent and ultimate holding company is Aceplus Investments Limited. In November 2010, the Company acquired 25% interest in Beijing Golden Fortune Investment Co., Ltd.