The board of directors of China Pipe Group Limited announced that Mr. Tsang Wai Yip has tendered his resignation as Chief Financial Officer and Company Secretary of the company to pursue his other opportunity and has been re-designated from an Executive Director to a Non-Executive Director of the company with effect from 15 February 2013. The Board further announced that Mr. Cheng Siu Kwan, the existing Financial Controller of the company, has been appointed as the Company Secretary of the company with effect from 15 February 2013. He has over 18 years of experience in auditing, finance and accounting.