Qinqin (01583) Announces 43,000-Share Repurchase and Updates Issued Capital

Bulletin Express
Nov 26

Qinqin Foodstuffs Group (Cayman) Company Limited (stock code: 01583) disclosed a repurchase of 43,000 ordinary shares on 26 November 2025 at prices between HKD 1.25 and HKD 1.3 per share, totaling HKD 54,680. After the repurchase, the company’s issued shares (excluding treasury shares) decreased to 754,133,557, while treasury shares increased to 963,000. The total number of shares remains at 755,096,557.

According to the announcement, the repurchase mandate was granted on 16 May 2025, authorizing the buyback of up to 75,509,655 shares. So far, 963,000 shares have been repurchased, representing 0.128% of the number of issued shares when the mandate was approved. There is a designated moratorium until 26 December 2025 before any new share issuance, sale, or transfer of treasury shares can occur without further approval from the Stock Exchange of Hong Kong.

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