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Yantai Steel Pipe Co., Ltd. of Laigang Group, formerly known as Shandong Yantai steel pipe general plant, was established in May 1958 to produce seamless steel pipes. In July 1981, it became a direct enterprise of Shandong Metallurgical Industry Corporation and a backbone manufacturer of specialized seamless steel pipe production in China. In October 1998, the enterprise reorganization system was transferred to Laiwu Iron and Steel Group Co., Ltd. as a wholly-owned legal entity. In June 2007, Shandong Yantai steel pipe plant completed the restructuring, renamed "Yantai Steel Pipe Co., Ltd. of Laigang Group". Main business of the company: manufacturing and sales of seamless steel pipes and products, sales of chemical products (excluding dangerous chemicals), building materials, mechanical equipment and steel, import and export of goods and technologies (except those prohibited by the state). According to the requirements of the company law, the company has established a standardized corporate governance system, which consists of 10 functional management departments, 5 production branches and 1 quality inspection station, and 3 wholly-owned subsidiaries and 1 joint-stock company Yantai Lubao Steel Pipe Co., Ltd. (the company holds 20.18% of its equity). By the end of January 2010, there were 1274 employees. The registered capital of the company is 83.8682 million yuan. Business scope: seamless steel pipe and products manufacturing and sales, chemical products (excluding dangerous chemicals), building materials, mechanical equipment, sales just now, import and export of goods and Technology (except those prohibited by the state). The company has two hot rolling production lines of ф 140 and ф 114, and one cold drawing production line. The annual production capacity of seamless steel pipe is 350000 tons, and the product specification is ∮ 6-219 × 1-50mM. Registered trademark: Shuanghuan brand main varieties: seamless steel pipe for high pressure boiler, oil pipe, casing, pipe line pipe, ship pipe, seamless steel pipe for low and medium pressure boiler, more than 10 varieties, more than 1000 specifications.

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