About CHINA PIPE Company

The Group's main wholly-owned subsidiary, Bin Ji (International) Co., Ltd., was founded in 1949 and is headquartered in Hong Kong, China, starting as a pipe retail store. With a history of nearly 70 years, it has now developed into a comprehensive enterprise for pipe retail and wholesale, warehousing and international trade. With the company's leading position in the management industry in Hong Kong and Macau, the company was listed on the main board of the Hong Kong Stock Exchange in 2000 (stock code: 00380). The company also officially returned to its previous name China Pipe Industry Group Co., Ltd. (“China Pipe Industry Group”) in 2021, striving to develop new businesses, while also continuously improving the company's comprehensive strength to create higher value for shareholders. The performance of China Pipe Industry Group has been growing steadily in recent years. After years of silent work, the pipe business has gradually developed from retail stores in Hong Kong, China to Macau. In addition to continuously improving the company's comprehensive strength, it also maintains the steady development of the original pipe industry, and is also committed to introducing high-quality products, technology and resources from around the world into the Chinese, Hong Kong and Macau markets to match the company's business development, and later promote regional economic growth. The company focuses on and supports the green concept of sustainable development, introduces the world's advanced technology, and enhances economic development and environmental protection to achieve double benefits. At the same time, China Management Group has also begun incorporating environmental protection and environmental management into corporate management decisions to achieve consistency between its own development and the sustainable development goals of society. Adhering to the vision of “global assets, international platforms, and serving China”, with the China Management Group's ability to operate high-quality overseas resources and at the same time, combined with the company's unique position in Hong Kong, China, it provides a link connecting the world to the development of the company's business. It also benefits from the geographical advantages of Hong Kong, China, to provide a stable guarantee for the company's logistics channels. The unique tax system in Hong Kong, China is more flexible for the development of the company's business. Efficient financing channels help the company develop. The strict legal system guarantees the operation of the company. On the path of development and gradual search, China Pipe Industry Group Co., Ltd. continues to explore new fields of business development while operating the original pipe industry business. Gradually push the company towards internationalization, comprehensiveness and specialization. Guanli International will gather global strength, give full play to its advantages, and become the backbone of China's economic development today.