Shandong Yulong Gold Co Ltd, formerly Jiangsu Yulong Steel Pipe Co Ltd, is a company mainly engaged in trading of bulk commodities. The Company operates three major businesses, including bulk commodity trading business, steel pipe business and new energy business. The bulk commodity trading business is involved in procurement and sales of coal, natural rubber, chemicals and agricultural products. The steel pipe business operates manufacturing and sales of welded steel pipes. The new energy business provides battery cathode materials. The Company is also engaged in gold mining and processing.