Core Viewpoint - Xipuni (02583) has successfully listed its shares at a price of HKD 29.6 per share, raising approximately HKD 269 million, with a significant initial trading surge of 183.78% to HKD 84 per share [1] Company Overview - Xipuni is a designer, manufacturer, and brand owner of gold case watches and gold bezel watches in China [1] - The company's revenue primarily comes from the sales of gold case watches and gold bezel watches designed and manufactured under its flagship brand HIPINE [1] - Xipuni also generates income by assembling watch movements sourced from external suppliers and acts as an ODM manufacturer for third-party domestic jewelry brands, developing and producing private label watches and accessories [1] Market Position - According to data from Zhaoshang Consulting, Xipuni is projected to be the largest brand in China for both gold metal watches and gold-inlaid precious metal watches by GMV in 2024 [1] - The market shares for Xipuni in terms of GMV for gold metal watches and gold-inlaid precious metal watches are estimated to be 27.08% and 28.96%, respectively [1]

Group 1 - The final issue price is set at HKD 29.6 per share, which is at the upper limit of the price range of HKD 27.0 to HKD 29.6 [1] - The total number of shares issued is 10,600,000 H-shares, with 1,060,000 shares for Hong Kong sale and 9,540,000 shares for international placement [1] - The total funds raised amount to HKD 314 million, with a net amount of HKD 269 million after deducting estimated listing expenses of HKD 45.19 million [1] Group 2 - The subscription multiple for the Hong Kong sale reached 2,505.90 times, while the international placement had a subscription multiple of 3.90 times [1] - There was no reallocation of shares, with the Hong Kong sale shares remaining at 1,060,000 H-shares, accounting for 10% of the total shares offered globally [1] - The sponsor for this issuance is Ping An Securities (Hong Kong) [1]

Group 1 - The company, Xipuni (02583), announced the results of its share allocation, with approximately 10.6 million H-shares being globally offered [1] - The final offering price was set at HKD 29.6 per share, resulting in net proceeds of approximately HKD 269 million from the global offering [1] - The Hong Kong public offering accounted for 10% of the total shares, while the international offering made up 90% [1] Group 2 - The Hong Kong public offering was oversubscribed by 2,505.9 times, indicating strong demand from local investors [1] - The international offering was oversubscribed by 3.9 times, reflecting significant interest from international investors [1] - The H-shares are expected to commence trading on the Hong Kong Stock Exchange at 9:00 AM on September 30, 2025 [1]

Group 1 - The company, Xipuni (02583), announced the results of its share allocation, with a global offering of approximately 10.6 million H-shares, where 10% was allocated for public offering in Hong Kong and 90% for international offering [1] - The final offering price was set at HKD 29.6 per share, resulting in a net fundraising of approximately HKD 269 million from the global offering [1] - The Hong Kong public offering was oversubscribed by 2,505.9 times, while the international offering was oversubscribed by 3.9 times [1]

格隆汇9月29日丨西普尼(02583.HK)公告，公司全球发售10,600,000股H股，每股发售股份29.6港元，所 得款项净额2.69亿港元。香港公开发售股份数目占全球发售股份数目10%，获认购2505.90倍；国际发售 股份数目占全球发售股份90%，获认购3.90倍。假设香港公开发售于2025年9月30日(星期二)上午八时正 或前在香港成为无条件，预期H股将于2025年9月30日(星期二)上午九时正在联交所开始买卖。H股将以 每手100股H股进行交易及H股的股份代号将为2583。 ...

香 港 交 易 及 結 算 所 有 限 公 司、香 港 聯 合 交 易 所 有 限 公 司（「聯交所」）以 及 香 港 中 央 結 算 有 限 公 司（「香港結算」）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 對 因 本 公 告 的 全 部 或 任 何 部 分 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 除 本 公 告 另 有 界 定 者 外，本 公 告 所 用 的 詞 彙 與 深圳西普尼精密科技股份有限 公 司（「本公司」）於2025 年9 月19日 刊 發 的 招 股 章 程（「招股章程」）所 界 定 者 具 有 相 同 涵 義。 本 公 告 僅 供 參 考，並 不 構 成 任 何 人 士 收 購、購 買 或 認 購 本 公 司 任 何 證 券 的 要 約 或 誘 使 作 出 要 約 的 邀 請。本 公 告 並 非 招 股 章 程。潛 在 投 資 者 於 決 定 是 否 投 資 發 售 股 份 前，應 閱 覽 招 股 章 程 內 有 關 本 公 ...

智通财经APP获悉，西普尼(02583)将于9月30日(周二)在香港挂牌。截至收盘，利弗莫尔证券暗盘交易 显示报价85.2港元，较招股价29.6港元上涨187.84%，每手100股，不计手续费，每手赚5560港元。 该信息由智通财经网提供 ...

Group 1 - The core viewpoint of the news is that Xipuni (02583) will be listed in Hong Kong on September 30, with a significant increase in its trading price compared to the initial offering price [1] - The dark trading price for Xipuni is reported at HKD 85.2, which represents a 187.84% increase from the offering price of HKD 29.6 [1][2] - Each trading unit consists of 100 shares, resulting in a profit of HKD 5,560 per unit, excluding transaction fees [1] Group 2 - The trading volume for Xipuni reached 522,300 shares, with a highest price of HKD 85.9 and a lowest price of HKD 40.0 during the trading session [2] - The total market capitalization of Xipuni is reported at HKD 5.012 billion [2] - The turnover rate for the shares is noted to be 0.89% [2]

Summary of Key Points Core Viewpoint The Hong Kong stock market has seen significant activity from September 21 to September 27, with 25 companies submitting prospectuses, 3 companies passing hearings, and 2 new stocks successfully listed. Group 1: Companies Submitting Prospectuses - A total of 25 companies submitted listing applications to the Hong Kong Stock Exchange during the specified period, including major players like 大洋电机, 天赐材料, and 格林美 [2][4][5] - Notably, 12 of these companies have already listed on the A-share market, indicating a trend towards dual listings in both A and H shares [2][4] Group 2: Companies Passing Hearings - Three companies successfully passed hearings: 长风药业, 挚达科技, and 金叶国际 [30] - 长风药业 focuses on biopharmaceuticals for respiratory diseases, with projected revenues of 6.08 billion RMB in 2024 [31] - 挚达科技 is the largest provider of home electric vehicle charging stations globally, with revenues of 5.9 billion RMB in 2024 [32] - 金叶国际 is a long-established electromechanical engineering contractor, specializing in HVAC systems [33] Group 3: Companies in the IPO Process - Five companies are currently in the IPO process, including 长风药业, 紫金黄金国际, 西普尼, 博泰车联, and 奇瑞汽车 [34] - 奇瑞汽车 successfully listed on September 25, with a first-day stock price increase of 13.75% [41][43] Group 4: Financial Performance of Companies - 大洋电机 reported total revenues of approximately 109.3 billion RMB in 2022, with a projected increase to 121.13 billion RMB in 2024 [5] - 天赐材料's revenues were approximately 223.17 billion RMB in 2022, expected to decline to 125.18 billion RMB in 2024 [6] - 格林美's revenues were around 293.92 billion RMB in 2022, projected to reach 332.00 billion RMB in 2024 [7] - 万辰集团, a leading snack and beverage retailer, reported revenues of 5.49 billion RMB in 2022, with a significant increase to 323.29 billion RMB in 2024 [10] Group 5: Market Trends and Insights - The trend of companies seeking dual listings in both A and H shares is becoming more prevalent, reflecting a strategic move to access broader capital markets [2][4] - The overall activity in the Hong Kong IPO market indicates a robust interest from companies looking to capitalize on the favorable market conditions [2][30]

（文章来源：每日经济新闻） 每经AI快讯，9月29日，港股新股西普尼(02583)暗盘一度上涨153%。 ...