Binji (International) Co., Ltd., the main wholly-owned subsidiary of the Group, was founded in 1949 and is headquartered in Hong Kong, China, starting with 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. Based on the company's leading position in the management industry in Hong Kong and Macao, 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 Pipeline Group”) in 2021, and is committed to developing new business. At the same time, it has continuously enhanced 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 the Macau region of China. 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 Macao 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 the business decisions of enterprises to achieve consistency between its own development and sustainable social development goals. Adhering to the vision of “global assets, international platforms, serving China”, the China Management Group's ability to operate high-quality resources overseas, combined with the company's unique position and advantages in Hong Kong, China, provides a link connecting the company's business to the world. 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, makes it more flexible for the development of the company's business. Efficient financing channels help the company develop. The strict legal system provides guarantees for the operation of the company. On the path of development and gradual search, China Pipe Industry Group Co., Ltd. continues to develop business in new fields 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 strengths, and become the backbone of China's economic development today.
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