Sinopipe Holdings Ltd. reported earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported profit for the period, representing total comprehensive income was CNY 12,172,000 and profit for the period, representing total comprehensive income attributable to equity holders was CNY 11,517,000 or 5.12 cents per basic and diluted share on revenue of CNY 185,829,000 against profit for the period, representing total comprehensive income was CNY 30,312,000 and profit for the period, representing total comprehensive income attributable to equity holders was CNY 28,665,000 or 12.73 cents per basic and diluted share on revenue of CNY 237,654,000 for the same period a year ago. Profit from operations was CNY 19,377,000 compared to CNY 45,139,000 for the same period a year ago. Profit before tax was CNY 16,494,000 compared to CNY 41,322,000 for the same period a year ago. Net cash generated from operations was CNY 29,837,000 compared to CNY 3,505,000 for the same period a year ago. Purchase of property, plant and equipment was CNY 5,560,000 compared to CNY 9,202,000 for the same period a year ago. For the six months, the company reported profit for the period, representing total comprehensive income was CNY 14,325,000 and profit for the period, representing total comprehensive income attributable to equity holders was CNY 14,447,000 or 6.42 cents per basic and diluted share on revenue of CNY 333,237,000 against profit for the period, representing total comprehensive income was CNY 47,953,000 and profit for the period, representing total comprehensive income attributable to equity holders was CNY 45,996,000 or 20.43 cents per basic and diluted share on revenue of CNY 377,153,000 for the same period a year ago. Profit from operations was CNY 29,242,000 compared to CNY 71,404,000 for the same period a year ago. Profit before tax was CNY 22,702,000 compared to CNY 64,835,000 for the same period a year ago. Net cash generated from operations was CNY 6,561,000 compared to net cash used in operations CNY 24,369,000 for the same period a year ago. Purchase of property, plant and equipment was CNY 7,454,000 compared to CNY 18,150,000 for the same period a year ago.

Sinopipe Holdings Ltd. reported group earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net profit of CNY 69,709,000 and profit, representing total comprehensive income attributable to equity holders of the company of CNY 2,930,000 or 1.3 cents diluted per share on revenue of CNY 147,408,000 as compared to profit, representing total comprehensive income attributable to equity holders of the company of CNY 17,331,000 or 7.70 cents diluted per share on revenue of CNY 39,499,000 for the same period last year. Profit from operations was CNY 9,865,000 against CNY 26,265,000 for the same period a year ago. Profit before tax was CNY 6,208,000 against CNY 23,513,000 for the same period a year ago. Net cash used in operating activities was CNY 23,276,000 against CNY 27,874,000 for the same period a year ago. Purchase of property, plant and equipment was CNY 1,894,000 against CNY 8,948,000 for the same period a year ago. This increase was as a result of higher revenue generated from the water supply segment and fuel gas segment due to higher business volume from the existing customers and new customers secured as the company continued to expand the customer base.

Sinopipe Holdings Ltd, Annual General Meeting, Apr 30, 2009, at 09:30 Singapore Standard Time. Location: Ruby Room, Level 2, Bayview Hotel Singapore, 30 Bencoolen Street, Singapore 189621,Singapore. Agenda: To receive and adopt the directors report and the audited accounts of the company for the financial year ended December 31, 2008 together with the auditors report thereon; to re-elect the directors retiring pursuant to Article 107 of the company's Articles of Association; to pass the following ordinary resolution pursuant to Section 153(6) of the Companies Act, Cap.50, that pursuant to Section 153(6) of the Companies Act, Cap. 50, Kusnadi Lybianto be re-appointed a director of the company to hold office until the next AGM, Kusnadi Lybianto will, upon re-appointment as a director of the company, remain as a member of the audit, Nominating and Remuneration Committees and will be considered nonindependent; to re-appoint Ernst & Young LLP as the company's auditors and to authorize the directors to fix their remuneration; to approve the payment of directors' fees for 2009; to authorize director to allot and issue shares and issue convertible securities and any shares in the company pursuant.