西普尼(02583)9月19日至9月24日招股 预计9月29日上市

Group 1 - The company, Xipuni (02583), plans to conduct a global offering of 10.6 million shares from September 19 to September 24, 2025, with a price range of HKD 27.0 to HKD 29.6 per share [1] - The company specializes in the design, manufacturing, and branding of gold-cased and gold-bezel watches, primarily under its flagship brand "HIPINE" [1][2] - The company has established long-term stable supply relationships with several well-known domestic jewelry brands, including Laofengxiang, China Jewelry, and Zhou Dasheng, through its ODM manufacturing services [1][2] Group 2 - The product portfolio centers around the flagship brand HIPINE, which has been recognized as a "Shenzhen Famous Brand" since 2022 and ranked among the top 100 brands in Shenzhen in 2024 [2] - The company employs a direct transaction distribution strategy through a network of over 3,000 offline retail points, enhancing market penetration and brand awareness [2] - The company has begun overseas expansion in collaboration with a Malaysian partner and aims to extend its presence in the Middle East in the coming years [2] Group 3 - The estimated net proceeds from the global offering, assuming a median price of HKD 28.3 per share, is approximately HKD 255 million [3] - The company plans to allocate approximately 40.28% of the proceeds to enhance production capacity, 17.11% to establish a research and development center in Putian, and 33.24% to expand and optimize the sales network and brand influence [3] - About 9.37% of the proceeds will be used for working capital or general corporate purposes [3]