Qinqin Food (01583) Announces Share Repurchase and Changes in Issued Shares

Bulletin Express
2025/11/19

Qinqin Foodstuffs Group (Cayman) Company Limited (stock code: 01583) disclosed that on 19 November 2025 it repurchased 118,000 of its ordinary shares. The opening balance on 10 November 2025 stood at 754,294,557 issued shares excluding treasury shares, and 802,000 treasury shares. Following the repurchase, the total number of issued shares remains 755,096,557, with 754,176,557 issued shares excluding treasury shares and 920,000 treasury shares as of 19 November 2025.

The repurchased shares were acquired at prices ranging from HKD 1.25 to HKD 1.28 per share, for a total consideration of HKD 149,850. The transaction took place under a repurchase mandate dated 16 May 2025, which authorized the repurchase of up to 75,509,655 shares. A total of 920,000 shares have been repurchased under this mandate to date, representing approximately 0.122% of the issued shares as at the date of the resolution. A moratorium on any issue of new shares or sale of treasury shares is in effect until 19 December 2025.

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