Qinqin Foodstuffs (01583) Reports Share Repurchase and Treasury Share Update

Bulletin Express
Oct 23

Qinqin Foodstuffs Group (Cayman) Company Limited (01583) disclosed a series of share repurchases and changes to its treasury shares. As of 22 October 2025, the company had 754,595,557 issued shares (excluding 501,000 shares held in treasury), bringing the total to 755,096,557. On 23 October 2025, it repurchased 19,000 shares at prices between HKD 1.27 and HKD 1.28 per share, for a total consideration of HKD 24,220. All repurchased shares have been retained as treasury shares, resulting in 754,576,557 issued shares (excluding 520,000 treasury shares) by the end of that day.

The mandate for these repurchases was approved on 16 May 2025, authorizing the company to repurchase up to 75,509,655 shares, from which a total of 520,000 shares have been bought back so far. This figure represents approximately 0.0689% of the company’s issued shares (excluding treasury shares) as of the resolution date. In line with the relevant listing rules, new share issuance or the sale or transfer of treasury shares is restricted for a 30-day period following this repurchase, ending on 22 November 2025.

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