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HIPINE (02583)

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  • 100.000
  • -0.100-0.10%
Trading Apr 23 10:46 CST
5.88BMarket Cap52.14P/E (TTM)

About HIPINE Company

We are a designer, manufacturer, and brand owner of gold-case and gold-bezel watches in China. Our proprietary-brand products are primarily sold through our distribution network, with direct sales playing a supporting role via our own online store. We also generate revenue by providing ODM services to third-party domestic jewelry brands and wholesalers, including the development and production of private-label precious-metal watches and accessories, as well as subcontracted manufacturing services for their watch and accessory lines. Our ODM clients include several well-known domestic jewelry brands, such as Lao Fengxiang, China Jewelry, and Chow Tai Seng, with whom we have established long-term, stable supply relationships. According to data from Zhiyan Consulting, in 2024 HIPINE was both China's largest pure-gold precious-metal watch brand (based on GMV) and the largest brand of gold-set precious-metal watches (also based on GMV), with market shares of 27.08% and 28.96%, respectively, in the GMV segments for pure-gold precious-metal watches and gold-set precious-metal watches. Guided by our brand mission of "technological innovation, redefining gold," and committed to becoming a trusted and beloved gold-watch brand among consumers, we focus on creating modern, innovative products. We go beyond simply preserving traditional craftsmanship; instead, leveraging our technical expertise and manufacturing experience, we integrate time-honored watchmaking techniques with contemporary design and materials to produce high-quality products that align with the latest consumer demands and market trends.

Company Profile

Symbol02583
Company NameHIPINE
ISINCNE1000074P3
Listing DateSep 30, 2025
Issue Price29.60
Shares Offered10.60M share(s)
FoundedJul 15, 2013
Registered AddressChina
Chairmanyongzhong li
Secretaryyangjinmaibaowen li
Audit InstitutionDeloitte Touche Tohmatsu会计师事务所
Company CategoryMainland registration of Mainland Individuals control
Registered OfficeRoom 2901 (3701A), Shuibei International Jewelry Center, No. 99 Beili Road, Cuijin Community, Cuizhu Subdistrict, Luohu District, Shenzhen, Guangdong Province, China
Head Office and Principal Place of Business40th Floor, Dah Sing Financial Centre, 248 Queen's Road East, Wan Chai, Hong Kong
Fiscal Year Ends12-31
Employees321
MarketHong Kong motherboard
Phone(86)13798550966
Emailliyangjin@hipine.com
BusinessWe are a designer, manufacturer, and brand owner of gold-case and gold-bezel watches in China. During the track record period, our revenue was primarily derived from the sale of gold-case and gold-bezel watches designed and manufactured under our flagship proprietary brand, "HIPINE." Sales of our proprietary-brand products were mainly conducted through our distribution network, with direct sales playing a supporting role; direct sales channels included our own online stores, third-party e-commerce platform operators, and retail outlets. In addition, we generated revenue by serving as an ODM manufacturer for third-party domestic jewelry brands and wholesalers, providing private-label watch and accessory development and production services, as well as contract manufacturing services. During the track record period, our ODM clients included several well-known domestic jewelry brands, such as Lao Fengxiang, China Jewelry, and Chow Tai Seng, with whom we have established long-term, stable supply relationships. Since 2023, we have also collaborated with A, the largest retailer and supermarket chain in China, to promote and sell the products we supply—primarily precious-metal jewelry and related items, including gold bars, wearable jewelry, and decorative items customized to A's specifications.

Company Executives

  • Name
  • Position
  • Salary
  • yongzhong li
  • Chairman, Executive Director, Chair of the Strategy Committee
  • 818.00K
  • shaohua hu
  • Executive Director, General Manager, Members of the Compensation and Assessment Committee
  • 618.00K
  • yangjin li
  • Executive Director, Deputy General Manager, Chief Financial Officer, Joint Company Secretary, Board Secretary, Member of the Strategic Committee, Authorized Representative
  • 618.00K
  • liangdi huang
  • Non-executive Director, Nomination Committee Members, Member of the Audit Committee, Members of the Strategic Committee
  • --
  • dingshun she
  • Independent Non-Executive Director, Chair of the Compensation Committee, Member of the Nomination Committee
  • 10.00K
  • xiaohong guo
  • Independent Non-Executive Director, Chair of the Audit Committee, Member of the Compensation Committee
  • 50.00K
  • shanrong huang
  • Independent Non-Executive Director, Chair of the Nomination Committee, Member of the Audit Committee
  • 25.00K
  • xiangping yao
  • Chairman of the Supervisory Board, Non-Employee Representative Supervisor
  • --
  • yan qin
  • Employee Representative Supervisor
  • 387.00K
  • jianping zou
  • Supervisor
  • 217.00K
  • shuo li
  • Deputy General Manager
  • --
  • baowen mai
  • Joint Company Secretary, Authorized Representative
  • --
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