HIPINE (02583) announced that based on a preliminary review of the group's unaudited consolidated management accounts for the 11 months ended November 30, 2025, it recorded a net profit exceeding RMB 90 million. According to available data, compared to the net profit of approximately RMB 49 million for the year ended December 31, 2024, the group expects to achieve higher net profit for the year ending December 31, 2025. The anticipated growth in net profit is primarily attributed to: (1) increased sales revenue from jewelry products; and (2) improved gross profit margins from watch sales.
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