The board of directors of China Pipe Group Limited announced that Mr. Tsang Wai Yip has been appointed as an Executive Director of the company with effect from August 31, 2012. Mr. Tsang will remain as Chief Financial Officer and Company Secretary of the company. Mr. Tsang, aged 43, joined the company as the Chief Financial Officer and Company Secretary in November 2009.

Prior to joining the company, Mr. Tsang had held various finance positions in a number of listed companies and has over 20 years of experience in auditing, accounting, corporate finance and investor relations.