Core Viewpoint - The company has been recognized as a "Little Giant" enterprise in the seventh batch of specialized and innovative small and medium-sized enterprises by the Ministry of Industry and Information Technology, which enhances its core competitiveness and industry influence [1] Group 1 - The company has been acknowledged for its specialization, uniqueness, and innovation capabilities [1] - This recognition is expected to improve the company's brand image and visibility in its niche market [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任 何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SHENZHEN HIPINE PRECISION TECHNOLOGY CO., LTD. 深 圳 西 普 尼 精 密 科 技 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2583） 自 願 性 公 告 本 公 司 被 認 定 為 第 七 批 國 家 級 專 精 特 新 「 小 巨 人 」 企 業 本 公 告 為 深 圳 西 普 尼 精 密 科 技 股 份 有 限 公 司 （ 「 本 公 司 」 ） 刊 發 之 自 願 性 公 告 。 本 公 司 董 事 （ 「 董 事 」 ） 會 （ 「 董 事 會 」 ） 欣 然 宣 佈 ， 根 據 深 圳 市 中 小 企 業 服 務 局 發 佈 的 《 關 於 深 圳 市 第 七 批 專 精 特 新 「 小 巨 人 」 企 業 和 2 0 2 5 年 專 精 特 新 「 小 巨 人 」 覆 核 通 過 企 業 名 單 的 公 ...

Group 1: Gold Market Outlook - The international gold price is steadily rising due to expectations of continued interest rate cuts by the Federal Reserve [1] - Major banks like Morgan Stanley, JPMorgan, and Goldman Sachs have raised their gold price forecasts, with Goldman predicting a potential price of $4,000 per ounce by mid-2026 [1] - Buyers of gold are categorized into two types: conviction buyers, who buy regardless of price, and opportunistic buyers, who respond to price fluctuations [1] Group 2: Company Overview - Xipuni - Xipuni, a newly listed company, is a Chinese gold watch designer, manufacturer, and brand owner with its flagship brand "HIPINE" [2] - The company operates through two marketing models: a dealer network for its own brand and ODM manufacturing for third-party jewelry brands [2] - Xipuni has expanded its sales through 3,000 offline points in China and is seeking to expand into the Middle East in the coming years [2] Group 3: Financial Performance - In the first half of 2025, Xipuni reported revenue of 288 million RMB, a year-on-year increase of 27.2%, and a net profit of 57 million RMB, up 108.8% year-on-year [3] - The strong performance in gold watch sales is expected to continue, with positive results anticipated for the full year of 2025 [3]

Group 1 - Shenzhen Xipuni Precision Technology Co., Ltd. officially listed on the Hong Kong Stock Exchange on September 30, 2023, becoming the second company from Luohu District to go public this year [1] - Xipuni is projected to be the largest gold watch brand in China by GMV in 2024, as well as the largest brand of gold-inlaid precious metal watches [3] - After opening, the company's stock price surged to 130.00 HKD, representing a 339.19% increase, and closed at 106.00 HKD, up 76.40 HKD with a trading volume of 245 million shares [3] Group 2 - The public offering of shares by Xipuni accounted for 10% of the total global offering, with a subscription rate of 2505.90 times; the international offering made up 90% of the total, with a subscription rate of 3.90 times [5] - Established in 2013, Xipuni is recognized as a national high-tech enterprise and a specialized and innovative small and medium-sized enterprise, focusing on the integration of precious metal material research and precision watchmaking technology [8] - The company operates in the design, research and development, manufacturing, and sales of precious metal watches and fine jewelry, aiming to create mid-to-high-end precious metal wearable products [8] Group 3 - Xipuni has over 150 laboratory-grade precision instruments and has set up R&D centers and production bases in Longgang, Shenzhen, and Putian, Fujian, covering over 10,000 square meters [8] - The chairman and executive director, Li Yongzhong, stated that the successful listing in Hong Kong marks a new starting point for the company's development and recognition by the international capital market [8] - The Luohu District has been optimizing its enterprise service system, transitioning from passive to proactive support for business development, particularly for innovative and specialized enterprises [11]

Core Viewpoint - The recent stock transfer of Xipuni (02583) from Ping An Securities (Hong Kong) to China International Capital Corporation Hong Kong Securities indicates significant market activity, with a transfer value of HKD 325 million, representing 3.28% of the total shares [1] Group 1: IPO Details - Xipuni conducted its IPO from September 19 to September 24, aiming to issue a total of 10.6 million shares, with 10% allocated for Hong Kong and 90% for international investors, plus a 15% over-allotment option [1] - The total margin for Xipuni on its first day reached approximately HKD 492 million, with a subscription multiple of about 15.69 times [1] - On September 23 and 24, the margin totals surged to HKD 15.552 billion and HKD 45.939 billion, respectively, with over-subscription multiples of 495.65 times and 1464.14 times [1] - The final over-subscription multiple at the end of the offering was recorded at 2505.9 times [1]

Core Viewpoint - The recent stock transfer of Xipuni (02583) from Ping An Securities (Hong Kong) to China International Capital Corporation Hong Kong Securities indicates a significant market activity, with a total transfer value of HKD 325 million, representing 3.28% of the company's shares [1] Group 1: IPO Details - Xipuni conducted its IPO from September 19 to September 24, aiming to globally offer 10.6 million shares, with 10% allocated for Hong Kong and 90% for international investors, plus a 15% over-allotment option [1] - The total margin subscription on the first day reached approximately HKD 492 million, with a subscription multiple of about 15.69 times [1] - On September 23 and 24, the margin totals surged to HKD 15.552 billion and HKD 45.939 billion, respectively, with over-subscription multiples of 495.65 times and 1464.14 times [1] - The final over-subscription multiple at the end of the offering was recorded at 2505.9 times [1]

致：香港交易及結算所有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 公司名稱: 深圳西普尼精密科技股份有限公司（於中華人民共和國註冊成立的股份有限公司） 呈交日期: 2025年10月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02583 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 58,825,000 | RMB | | 1 RMB | | 58,825,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | | | 本月底結存 | | | 58,825,000 | RMB | | 1 RMB | | 58,825,000 | 本月底法定/註冊股本總額： ...

Summary of Key Points Core Viewpoint The article provides an overview of the recent activities in the Hong Kong stock market, highlighting the number of companies that have submitted listing applications, those that have passed the hearing process, and new stocks that have been listed. Group 1: Companies Submitting Listing Applications - A total of 30 companies submitted listing applications to the Hong Kong Stock Exchange during the week from September 29 to October 5 [1] - Notable companies include: - Yantai Lannacheng Biotechnology Co., Ltd., a clinical-stage biotech company focused on radiopharmaceuticals for cancer treatment, reported revenues of approximately 1.027 million RMB for 2023 and a loss of about 112 million RMB [2][3] - XGIMI Technology Co., Ltd., the world's largest consumer-grade projector brand by revenue, reported revenues of approximately 4.22 billion RMB for 2022 and a profit of about 501 million RMB [2][3] - WeDoctor Holdings Limited, a leading digital health service provider in China, reported revenues of 1.368 billion RMB for 2022 and a loss of 909 million RMB [4][5] - Puyuan Precision Electronics Co., Ltd., the largest electronic measurement instrument supplier in China, reported revenues of approximately 631 million RMB for 2022 and a profit of about 92.5 million RMB [5][6] - Shenzhen Huanchuang Technology Co., Ltd., a leader in high-precision spatial perception solutions, reported a market share of over 50% in the laser radar products for robotic vacuum cleaners [6] Group 2: Companies Passing Hearing Process - Four companies passed the listing hearing this week: - Jushuitan Group Co., Ltd., the largest e-commerce SaaS ERP provider in China, reported revenues of approximately 523 million RMB for 2022 and a loss of about 507 million RMB [30][31] - Fujian Haixi New Drug Creation Co., Ltd., a commercial-stage pharmaceutical company, reported revenues of approximately 212 million RMB for 2022 and a profit of about 69 million RMB [30][31] - Beijing Tongrentang Medical Investment Co., Ltd., the largest non-public Chinese hospital group by market share, reported revenues of approximately 911 million RMB for 2022 and a loss of about 9.23 million RMB [32] - Beijing Yunji Technology Co., Ltd., a robotics service provider, reported revenues of approximately 161 million RMB for 2022 and a loss of about 365 million RMB [32][33] Group 3: New Stocks Listed - Three new stocks were listed on September 30: - Zijin Gold International, which saw a significant increase in market value, surpassing 350 billion HKD [35] - Xipuni, which had an oversubscription rate of 2505.9 times during its public offering [35] - Botai Che Lian, which also experienced a notable increase in stock price [35]

Group 1 - The Hong Kong stock market is experiencing a "new stock financing boom" in 2025, with over 60 IPOs raising more than 150 billion HKD so far [1] - Xipuni (02583) has become the largest gold watch brand in China by GMV, holding a market share of 27.08% [2] - Xipuni's IPO was oversubscribed significantly, with a final oversubscription ratio of 2505.9 times, indicating strong investor interest [2][3] Group 2 - Xipuni's stock price surged by 258.11% on its first trading day, followed by a 71.13% increase on the second day, but showed a decline of 7% on the third day [3] - The trading volume of Xipuni decreased from 282.28 million shares on the first day to 62 million shares by October 3, indicating a divergence between price and volume [5] - The potential inclusion of Xipuni in the Hong Kong Stock Connect is a key factor for its future stock performance, with its average market capitalization meeting the entry threshold [6][9] Group 3 - Xipuni's revenue has shown consistent growth from 2022 to 2025, with a 21.6% year-on-year increase in the first five months of 2025 [8] - The company's net profit has fluctuated, with a notable recovery in the first five months of 2025, reaching 4.28 million HKD [9] - The gross profit margin has improved from 19.8% in 2022 to 31.01% in the first five months of 2025, indicating positive financial health [9]

Group 1: Market Overview - The Hong Kong stock market is experiencing a "new stock financing boom," with over 60 IPOs raising more than 150 billion HKD as of now [1] - On September 30, three new stocks, including Xipuni, were listed, with Xipuni's first-day surge of 258.11% exemplifying the market's enthusiasm [1] Group 2: Xipuni's IPO Details - Xipuni became the largest gold watch brand in China by market share, reaching 27.08% in 2024 [2] - The company offered 10.6 million shares globally, with only 10% allocated for Hong Kong, leading to a total subscription amount of approximately 4.92 billion HKD on the first day [2] - The oversubscription ratio for Xipuni reached 2505.9 times by the end of the offering period [2] Group 3: Stock Performance Analysis - Xipuni's stock price increased by 258.11% on its first day and further rose by 71.13% on the second day, before a decline of 7% on the third day [3] - Despite the price increase, trading volume decreased significantly from 282.28 million shares on the first day to 62 million shares by October 3, indicating a divergence between price and volume [3][5] Group 4: Future Outlook and Market Conditions - The potential for Xipuni to be included in the Hong Kong Stock Connect is a key factor for its future stock performance, with the current average market capitalization exceeding the entry threshold [6] - The stock market showed strong performance on October 2, with the Hang Seng Index surpassing 27,000 points, and gold-related stocks, including Xipuni, benefiting from this trend [8] - Xipuni's revenue has shown consistent growth from 2022 to 2025, with a notable 21.6% increase in the first five months of 2025 [9] - The company's net profit has been volatile but showed recovery in early 2025, with a gross margin increase from 19.8% in 2022 to 31.01% in the first five months of 2025 [9]