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shengli oil&gas pipe holding (1080) Snapshot

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shengli oil&gas pipe holding (1080) Details

Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, engages in the manufacture, processing, and sale of welded steel pipes for oil and gas pipelines, and other construction and manufacturing applications in Mainland China and internationally. The company operates through two segments, Pipes Business and Trading of Metal Commodity. The Pipes Business segment produces spiral submerged arc welded pipes and longitudinal submerged arc welded pipes that are primarily used to transport crude oil, refined petroleum products, natural gas, and other related products; and cold-formed section steel used for the infrastructure industry. The Trading of Metal Commodity segment is involved in the trade of electrolytic copper, aluminum ingots, and aluminum oxide. The company also engages in the equity investment, investment management, and investment consultation; manufacture and sale of pipe components; and provision of anti-corrosion services. Shengli Oil & Gas Pipe Holdings Limited is headquartered in Zibo, the People’s Republic of China.

1,362 Employees
Last Reported Date: 04/27/15

shengli oil&gas pipe holding (1080) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: CNY688.0K
Vice President
Total Annual Compensation: CNY1.1M
Vice President and Executive Director
Total Annual Compensation: CNY594.0K
Vice President and Executive Director
Total Annual Compensation: CNY534.0K
Vice President and Executive Director
Total Annual Compensation: CNY534.0K
Compensation as of Fiscal Year 2014.

shengli oil&gas pipe holding (1080) Key Developments

Shengli Oil & Gas Pipe Holdings Limited Announces Appointment of Wu Geng as Chairman of Remuneration Committee

The board of Shengli Oil & Gas Pipe Holdings Limited announced that with effect from the conclusion of the AGM held on 26 June 2015, Wu Geng has been appointed as the chairman of the remuneration committee.

Shengli Oil & Gas Pipe Holdings Limited, Annual General Meeting, Jun 26, 2015

Shengli Oil & Gas Pipe Holdings Limited, Annual General Meeting, Jun 26, 2015., at 15:00 China Standard Time. Location: At the office building of Shandong Shengli Steel Pipe Co., Ltd.. Agenda: To receive, consider and adopt the audited financial statements of the company and its subsidiaries for the year ended 31 December 2014 and the reports of the directors of the company and auditors of the company; to re-elect of directors; to authorize the board of directors to fix the remuneration of the directors; to re-appoint ZHONGHUI ANDA CPA Limited (formerly known as ANDA CPA Limited) as the auditors of the company and authorize the board to fix their remuneration; to grant a general mandate to the directors to allot, issue and deal with new shares not exceeding 20% of the issued share capital of the company; to grant a general mandate to the directors to repurchase shares not exceeding 10% of the issued share capital of the company; and to extend the general mandate granted to the directors to allot, issue and deal with the new shares by an amount not exceeding the amount of the shares repurchased by the company.

Shengli Oil & Gas Pipe Holdings Limited Announces Consolidated Audited Earnings Results for the Full Year Ended December 31, 2014

Shengli Oil & Gas Pipe Holdings Limited announced consolidated audited earnings results for the full year ended December 31, 2014. For the year, the company reported revenue of RMB 2,009,062,000 against RMB 2,556,717,000 a year ago. Loss before tax was RMB 232,197,000 against profit of RMB 24,080,000 a year ago. Loss was RMB 239,745,000 against profit of RMB 12,381,000 a year ago. Loss attributable to owners of the company was RMB 219,176,000 against profit of RMB 17,826,000 a year ago. Loss per diluted share was 8.72 cents against earnings per diluted share of 0.72 cents a year ago. Capital expenditure related (purchase of property, plant and equipment) was 95,930,000 against RMB 225,643,000 a year ago.

 

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