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

Bulletin Express
11/10

Qinqin Foodstuffs Group (Cayman) Company Limited (01583) submitted a Next Day Disclosure Return dated 10 November 2025. The document shows that 19,000 shares were repurchased on 10 November at HKD 1.3 per share, with these shares held as treasury shares.

Before the repurchase on 04 November 2025, the company had 754,313,557 issued shares (excluding treasury shares) and 783,000 treasury shares. Following the transaction, the number of issued shares (excluding treasury shares) was 754,294,557, while treasury shares increased to 802,000. The total number of shares in issue remained 755,096,557 after the change.

According to the filing, the company’s repurchase mandate was approved on 16 May 2025, authorizing repurchases of up to 75,509,655 shares. The filing also indicates a moratorium on new share issuance or sale or transfer of treasury shares up to 10 December 2025. The aggregate price paid for the repurchased shares was HKD 24,700.

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