---
title: "Brief News: HIPINE forecasts a net profit of 90 million yuan for the first 11 months"
description: "Shenzhen HIPINE Precision Technology Co., Ltd. announced a net profit exceeding 90 million yuan as of November 30, compared to 49 million yuan for the entire last year, and expects annual profits to f"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/270687732.md"
published_at: "2025-12-24T04:30:54.000Z"
---

# Brief News: HIPINE forecasts a net profit of 90 million yuan for the first 11 months

> Shenzhen HIPINE Precision Technology Co., Ltd. announced a net profit exceeding 90 million yuan as of November 30, compared to 49 million yuan for the entire last year, and expects annual profits to further increase. The improvement in profits is due to increased sales revenue from accessories and an improvement in the gross profit margin of watch products. The company's stock price opened higher on Wednesday but turned down 1.52%

Chinese gold watch brand **Shenzhen HIPINE Precision Technology Co., Ltd.** (2583.HK) announced on Tuesday that for the first 11 months ending November 30 this year, it recorded a net profit of over 90 million yuan, compared to 49 million yuan for the entire last year. The company expects annual profits to further increase.

The company pointed out that the improvement in profit performance is mainly attributed to two factors: first, the increase in sales revenue from jewelry products, and second, the improvement in gross profit margin of watch products, which has driven overall profit performance positively.

HIPINE is a designer, manufacturer, and brand owner of gold case watches and gold bezel watches in China. The company also develops and manufactures watches and jewelry for its ODM clients, which include several well-known domestic jewelry brands such as Lao Feng Xiang, China Jewelry, and Zhou Daxing.

The company's stock price opened higher on Wednesday, reporting HKD 167.4 at noon, down 1.52%. The stock has nearly doubled since its listing in September this year

### Related Stocks

- [02583.HK - HIPINE](https://longbridge.com/en/quote/02583.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.