Qinqin Foodstuffs Group (Cayman) (01583) Announces On-Market Share Repurchase

Bulletin Express
Oct 24

According to the announcement dated 24 October 2025, Qinqin Foodstuffs Group (Cayman) Company Limited repurchased 40,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 1.25 to HKD 1.27, with a total consideration of HKD 50,400. These repurchased shares are held as treasury shares, increasing the total treasury balance to 560,000 shares.

Following this transaction, the company’s total issued shares remained at 755,096,557, with 754,536,557 outstanding shares excluding treasury shares. The repurchased shares represented approximately 0.0053% of the total issued shares (excluding treasury shares) as of 23 October 2025. The repurchase mandate was approved on 16 May 2025, authorizing repurchases of up to 75,509,655 shares, of which 560,000 have now been repurchased, constituting about 0.0742% of the issuer’s total shares as of the mandate date.

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