General Announcement::Monthly Valuation of Assets and Utilisation of Cash

Sinopipe Holdings Limited is an investment holding company. The Company's segments are plastic pipe and corporate. The plastic pipe segment is involved in the design, manufacture, distribution and installation of plastic pipes and pipefittings for use in various types of piping systems and networks. Its piping systems and networks are used in applications, such as water supply, drainage and sewerage, telecommunication, power supply, water-saving irrigation and gas supply. The corporate segment is involved in group-level corporate services. The Company's water-saving irrigation series includes filters, sprinklers, sprinkling irrigation and root irrigation systems for gardens, golf courses, farmlands, greenhouses, stadiums and nurseries. Its Fuel Gas Series includes transportation of natural and fuel gas. Its products are sold under its registered brand names of Aton and SUN. It has approximately three production facilities in the People's Republic of China.