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New words:
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EXHIBIT 8.1
Subsidiaries of the Registrant
| Name of Subsidiaries | Place of Incorporation |
| 1. First Space Holdings Limited | British Virgin Islands |
| 2. Wuxi Seamless Oil Pipes Co. Ltd. | PRC |
| 3. Liaoyang Seamless Oil Pipes Co. Ltd. | PRC |
| 4. Houston OCTG Group, Inc. | United States |
| 5. Mengfeng Special Steel Co. Ltd. | PRC |
| 6. Bazhou Seamless Oil Pipes Co. Ltd. | PRC |
| 7. Songyuan Seamless Oil Pipes Co. Ltd. | PRC |
| 8. Chaoyang Seamless Oil Steel Casting Pipes Co., Ltd. | PRC |
| 9. WSP Pipe Company Limited | Thailand |