CHINA PIPE (00380) announced that on May 6, 2026 (after trading hours), the buyer, Ban Kee (International) Limited, an indirect wholly-owned subsidiary of the company, entered into a sale and purchase agreement with the seller, He Jingyi. According to the agreement, the buyer has agreed to acquire, and the seller has agreed to sell, the property for a cash consideration of HK$21.5 million. The property to be acquired is the ground floor at 714 Shanghai Street, Kowloon, Hong Kong.