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HIPINE (02583)

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  • 117.000
  • -1.400-1.18%
Not Open Mar 9 16:34 CST
6.88BMarket Cap79.65P/E (TTM)

About HIPINE Company

We are designers, manufacturers, and brand owners of gold-cased watches and gold-bezel watches in China. Our own-brand products are primarily sold through our extensive distribution network, supplemented by direct sales via our self-operated 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 subcontracting processing services for their watches and accessories. Our ODM clients include several well-known domestic jewelry brands, such as Laofengxiang, China Jewelry, and Chow Tai Seng, with whom we have established long-term, stable supply relationships. According to data from ZhiShi Consulting, in 2024, HIPINE was not only China’s largest brand of solid-gold precious-metal watches (in terms of GMV), but also the largest brand of solid-gold-inlaid precious-metal watches (also in terms of GMV). Our market shares, calculated based on GMV for both solid-gold precious-metal watches and solid-gold-inlaid precious-metal watches, were 27.08% and 28.96%, respectively. Guided by our brand mission—“Technological Innovation, Reimagining Gold”—and committed to becoming a trusted and beloved gold-watch brand among consumers, we focus on creating modern, innovative products. We go beyond merely preserving traditional craftsmanship; instead, we leverage our technical expertise and manufacturing experience to seamlessly integrate time-honored watchmaking techniques with contemporary design and materials, producing high-quality products that meet 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
Secretaryxuelingliyangjin shi
Audit InstitutionDeloitte Touche Tohmatsu CPA LLP
Company CategoryMainland registration of Mainland Individuals control
Registered OfficeNo. 99, Beili North Road, Cuijin Community, Cuizhu Subdistrict, Luohu District, Shenzhen City, Guangdong Province, China; Water Bay International Jewelry Center, Unit 2901 (3701A)
Head Office and Principal Place of Business40th Floor, Tai Shin Financial Centre, 248 Queen's Road East, Wan Chai, Hong Kong
Fiscal Year Ends12-31
Employees307
MarketHong Kong motherboard
Phone(86)13798550966
Emailliyangjin@hipine.com
BusinessWe are a designer, manufacturer, and brand owner of gold-case watches and gold-bezel watches in China. During the historical period under review, our revenue primarily came from the sale of gold-case watches and gold-bezel watches designed and manufactured under our flagship proprietary brand, “HIPINE.” Sales of our proprietary brand products are mainly driven by our distribution network, supplemented by direct sales conducted through various channels—including our own online store, third-party online marketplace operators, and retail stores. We also generate revenue by serving as an ODM manufacturer for third-party domestic jewelry brands and wholesalers, providing them with private-label watch and accessory development and production services, as well as contract manufacturing services. During the historical period under review, our ODM customers included several well-known domestic jewelry brands, such as Laofengxiang, China Jewelry, and Chow Tai Seng, with whom we have established long-term, stable supply relationships. Since 2023, we have also been collaborating with A, China’s largest retailer and supermarket chain, to promote and sell our supplied products in China, primarily precious metal jewelry and related items, including gold bars, wearable jewelry, and decorative pieces customized according to A’s specifications.

Company Executives

  • Name
  • Position
  • Salary
  • yongzhong li
  • Chairman, Executive Director, Chair of the Strategic Committee
  • 340.00K
  • shaohua hu
  • Executive Director, General Manager, Members of the Compensation and Assessment Committee
  • 325.00K
  • yangjin li
  • Executive Director, Deputy General Manager, Chief Financial Officer, Joint Company Secretary, Board Secretary, Member of the Strategic Committee, Authorized Representative
  • 321.00K
  • liangdi huang
  • Non-executive Director, Nomination Committee Members, Audit Committee Member, Members of the Strategic Committee
  • --
  • dingshun she
  • Independent Non-Executive Director, Chair of the Compensation Committee, Nomination Committee Member
  • --
  • xiaohong guo
  • Independent Non-Executive Director, Chairperson of the Review Committee, Member of the Compensation Committee
  • 50.00K
  • shanrong huang
  • Independent Non-Executive Director, Chair of the Nominating Committee, Audit Committee Member
  • --
  • xiangping yao
  • Chairman of the Supervisory Board, Non-employee Representative Supervisor
  • --
  • yan qin
  • Employee Representative Supervisor
  • 334.00K
  • jianping zou
  • Supervisor
  • 194.00K
  • shuo li
  • Deputy General Manager
  • --
  • xueling shi
  • Joint Company Secretary, Authorized Representative
  • --
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