China Pipe Group Limited — Board/Management Information 2021

Jul 9, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

DAPHNE INTERNATIONAL HOLDINGS LIMITED 達 芙 妮 國 際 控 股 有 限 公 司 * ( Incorporated in the Cayman Islands with limited liability )

( Stock code: 210 )

PASSING AWAY OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board of directors (the “ Board ”) of Daphne International Holdings Limited (the “ Company ”), announces with its deepest sorrow that Mr. Kuo Jung-Cheng, an independent non-executive director of the Company, a chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee, passed away on 7 July 2021.

Mr. Kuo had been a director of the Company since July 2001. He made invaluable contribution to the Company during his tenure of office. The Board would like to express its sincere gratitude to the late Mr. Kuo for his dedication and convey its condolence to his family.

Following the passing away of Mr. Kuo, the Company has two independent non-executive directors and does not meet the requirements under Rules 3.10(1), 3.21 and 3.25 as set out in the Rules Governing the Listing of Securities (the ‘‘ Listing Rules ’’) on The Stock Exchange of Hong Kong Limited. The Board will seek to appoint a new independent non-executive director and a new chairman of the Remuneration Committee as soon as possible and uses its best endeavor to meet the time period set forth in Rules 3.11, 3.23 and 3.27 of the Listing Rules. The Company will make further announcement(s) as and when appropriate.

By order of the Board Daphne International Holdings Limited Chang Chih-Kai Chairman

Hong Kong, 9 July 2021

As at the date of this announcement, the Board comprises three executive directors, namely Mr. Chang Chih-Kai, Mr. Chang Chih-Chiao and Mr. Wang Jungang; and two independent non-executive directors, namely Mr. Hon Ping Cho Terence and Mr. Huang Shun-Tsai .

* for identification purpose only

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