Qinqin Foodstuffs Group (01583) Reports Share Repurchase Disclosure

Bulletin Express
Oct 28

On 28 October 2025, Qinqin Foodstuffs Group (Cayman) Company Limited (01583) disclosed that it repurchased 20,000 of its ordinary shares on the Hong Kong Stock Exchange at prices ranging between HKD 1.25 and HKD 1.28, with an aggregate consideration of HKD 25,300. The repurchased shares, representing approximately 0.0027% of the company’s previously issued ordinary shares, are held as treasury shares.

Before the transaction, the company had 754,466,557 issued shares (excluding 630,000 treasury shares). Following the repurchase, the number of issued shares (excluding treasury shares) stands at 754,446,557, while treasury shares have increased to 650,000, leading to a total of 755,096,557 shares. The repurchase was made pursuant to a shareholder resolution passed on 16 May 2025, which authorized the company to repurchase up to 75,509,655 shares. As of the date of this disclosure, 650,000 shares have been repurchased under that mandate, representing approximately 0.0861% of the total number of issued shares (excluding treasury shares) at the time the resolution was granted.

In line with regulatory requirements, there is a moratorium on any new share issuance or sale or transfer of treasury shares until 27 November 2025 without prior approval. The company has confirmed that the repurchases complied with the relevant listing rules, and no repurchased shares have been cancelled.

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