|WSP Holdings Limited (WSP Holdings) is a holding company and conducts all of its operations through its subsidiaries in People's Republic of China. WSP Holdings is a Chinese manufacturer of seamless Oil Country Tubular Goods (OCTG), including casing, tubing and drill pipes used for oil and natural gas exploration, drilling and extraction. It sells its products in both domestic and international markets. The Company's product portfolio is divided into two categories: American Petroleum Institute (API) products, which are products manufactured according to the standards formulated by the API and non-API products, which are products tailor-made to meet its customers' specifications, and that are manufactured to a higher standard than API products. In February 2010, the Company, through its wholly owned subsidiary, First Space Holdings Limited (FSHL), acquired WSP Pipe Company Limited.