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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 Company Limited | | | PRC |
| 3. Jiangsu Fanli Pipe Co., Ltd. | | | PRC |
| 4. WSP Industries Canada Inc. | | | Canada |
| 5. Liaoyang Seamless Oil Pipes Co., Ltd. | | | PRC |
| 6. Songyuan Seamless Oil Pipes Co., Ltd. | | | PRC |
| 7. Houston OCTG | | | USA |