Shenzhen Hipine Precision Technology (2583) Announces Public Float Analysis Following Global Offering

Bulletin Express11-10

Shenzhen Hipine Precision Technology Co., Ltd. (2583) announced that its Global Offering became unconditional on 30 September 2025. Dealings in the company’s H Shares commenced on the Stock Exchange at 9:00 a.m. on the same day.

According to the announcement, immediately after the completion of the Global Offering, an aggregate of 16,228,667 H Shares—equivalent to approximately 27.59% of the total issued share capital—will be counted toward the public float. The calculation is based on a final Offer Price of HK$29.6 per H Share. This level of public float exceeds the 25% minimum requirement under Rule 19A.13A(1) of the Listing Rules for a new PRC listing applicant with an expected market value not exceeding HK$6 billion at the time of listing. The company emphasizes that it thus satisfies the minimum percentage requirements under the Listing Rules.

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