HIPINE Posts 75.3% Profit Surge in Interim Results with Strong IP Portfolio Expansion

Stock News
Aug 28

HIPINE (02583) has announced its interim results for the six months ending June 30, 2026, revealing revenue of RMB 333 million, a 15.9% increase year-on-year. The company's profit for the period reached RMB 99.084 million, representing a substantial 75.3% growth compared to the same period last year, with basic earnings per share of RMB 1.69.

During the reporting period, the group showcased its premium "Intangible Cultural Heritage Twelve Shichen" collection at the China Arts and Crafts Museum (China Intangible Cultural Heritage Museum). This product line integrates multiple national-level intangible cultural heritage techniques into precious metal timepieces, elevating the value proposition of its offerings. The strategic move transforms wristwatches from mere luxury accessories into wearable cultural artifacts and symbols, significantly enhancing their market positioning.

Looking ahead, the company plans to strengthen collaboration with national-level master craftsmen and intangible cultural heritage inheritors by establishing joint workshops. HIPINE aims to build an integrated ecosystem platform combining culture, industry, and technology, driving innovative development of Eastern intangible cultural heritage within the contemporary watchmaking sector.

As of June 30, 2026, the group has established a comprehensive intellectual property framework spanning technological innovation, product design, software development, and brand operations. The portfolio comprises 34 invention patents, 65 utility model patents, 132 design patents, 10 software copyrights, 13 artistic work copyrights, and 222 trademarks. This robust IP matrix provides solid foundational support for the group's long-term, high-quality growth while maintaining its technological leadership and product differentiation advantages.

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