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Do you know the origin of the name Gem Shun Company?

2025-12-17View Original

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CNPC Baoshishun (Qinhuangdao) Steel Pipe Co., Ltd. was established on December 28, 2006, with its registered address at No. 1 Hebei North Road, Qinhuangdao Economic and Technological Development Zone (East Area). “The name “Baoshishun” stems from its joint venture background and business focus: “Bao” refers to the Chinese shareholder, Baoji Petroleum Steel Pipe Co., Ltd. (abbreviated as “Baoji Steel Pipe”), which was the first company in China to produce large-diameter spiral welded pipes and possesses a strong background in this industry. “\"World\": refers to the foreign party, UMW Corporation of Malaysia (a supplier to Malaysia’s **oil company), reflecting the origins of Sino-foreign cooperation. “\"Smooth progress\": It signifies that the company adapts to **energy strategies (such as the West-East Gas Pipeline Project) and market demands, with its operations focused on the manufacturing of oil and gas transmission pipes. The company is now a wholly state-owned enterprise, fully controlled by China National Petroleum Corporation, with its name retaining the trace of its joint venture origins. Would you like to know more about Baoshishun’s business details? I can prepare a list of projects that are key to this field, to help you quickly understand its significance in the industry.
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