Qinqin Foodstuffs (01583) Announces Share Repurchase and Updated Shareholding Details

Bulletin Express
Oct 30

Qinqin Foodstuffs Group (Cayman) Company Limited (01583) carried out a share repurchase on 30 October 2025, acquiring 70,000 shares at prices ranging from HKD 1.23 to HKD 1.30. The total repurchase consideration amounted to HKD 88,040, and these shares are designated as treasury shares.

As a result, the number of treasury shares increased from 650,000 to 720,000, while the number of shares in issue (excluding treasury shares) moved from 754,446,557 to 754,376,557. The updated total number of issued shares remains 755,096,557. According to the disclosure, this repurchase represented approximately 0.0093% of the previously issued shares (excluding treasury shares).

The share repurchase was conducted under a mandate granted on 16 May 2025, which authorizes repurchases of up to 75,509,655 shares. A 30-day moratorium period extends until 29 November 2025, preventing new issuances or transfers of treasury shares during this interval without prior regulatory approval.

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