วัน: 22 กันยายน 2025

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - September 22, 2025) - Gold-copper explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce that it has resecured the full rights of its Mongolian c0pper-gold portfolio following Orbminco Limited's (ASX: OB1) (formerly known as Woomera Mining Limited) withdrawal from the September 2024 Earn-In Agreement as it now focuses on its Australian gold exploration.Assets within the portfolio include:a large Mineral Resource Estimate and Exploration Target reported under the JORC Code by Resilience Mining Mongolia Limited 1 for the West Kasulu prospect, which includes a small portion of one of three extensive, from surface and underexplored copper-gold intrusive complexes (the majority hosted on an existing 30-year mining license);a year-round field camp; and,a proprietary Mongolia wide project generation database.Further details are provided in an Appendix to this release.This development comes at a time of various notable positive developments highlighting the potential of Mongolian's resource sector and the Bronze Fox copper-gold project. These include:Xanadu Mines and its flagship Kharmagtai copper-gold project's recent A$160-million takeover by Bastion Mining Pte. Ltd,Erdene Resource Development's first gold pour at its greenfield Bayan Khundii project,construction of the privately held Tsagaan Suvarga copper-molybdenum project, and,the Oyu Tolgoi copper-gold project being on track to be the world's fourth largest copper mine by 2030.With Kincora now controlling 100% ownership, the Company will move forward to build on existing and new interest in the project.Kincora intends to consider a range of options, including focused self-funded exploration, third party investment and other corporate initiatives. Near term value add activities may include the potential submission for a second mining license at the Bronze Fox project and fresh mining studies relating to the existing oxide resource reflecting recent shifting in commodity prices.Further market updates will be provided following any material development arising to the Company's Mongolian asset portfolio.This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)For further information please contact: Kincora Copper Limited Sam Spring, President and Chief Executive Officer sam.spring@kincoracopper.com or +61431 329 345AppendixKincora's Mongolian asset portfolio includes a 100% interest in one of the largest land positions and porphyry complexes in the Southern Gobi copper-gold belt, a region which is one of the world's most rapidly emerging sources of copper supply and infrastructure development.The Company's Mongolian portfolio assets include:Bronze Fox mining license (the eastern license of the Bronze Fox project),Tourmaline Hills exploration license (the western license of the Bronze Fox project),White Pearl field camp (year-round facility), and,one of (if not) the largest project generation databases for Mongolia.In July 2022, the Company announced a maiden Inferred Mineral Resource Estimate (MRE) and updated Exploration Target for the West Kasulu prospect within the Bronze Fox project reported under the JORC code and prepared by Resilience Mining Mongolia Limited 1. Both the MRE and Exploration Target are open in all directions 1.The MRE 1 hosts a from surface oxide component with previous metallurgical analysis and desktop studies supporting the potential for a low capex SX-EW (solvent extraction-electrowinning) development project producing a finished copper cathode product.The majority of the MRE and Exploration Target 1 are situated within the existing Bronze Fox mining licence with the balance being on the adjoining Tourmaline Hills exploration licence (collectively the Bronze Fox project).With Kincora now retaining 100% ownership and optionality around adding value to the asset base, the Company intends to consider a range of options including the potential for a near term submission for a second mining license which would provide mining license coverage across the full project and be a major milestone unlocking the potential for a SX-EW development project. Kincora will consider fresh mining studies relating to the existing oxide resource reflecting recent shifting in commodity prices.The West Kasulu prospect is hosted within a small portion of the much larger mineralised Bronze Fox Intrusive Complex, which is one of three so far identified underexplored, near surface and large porphyry complexes at the wider Bronze Fox project.2024 field season activities undertaken by Orbminco Limited included predominately infill drilling, required to support conversion of the existing Tourmaline Hills exploration license to a mining license, plus one deep diamond drill hole 2. The 2025 field season sampling and mapping activities further confirmed and expanded the potential for a higher-grade extension to the current MRE envelope 1, which remains open 3. More recent geophysical programs comprised of Induced Polarisation (IP) and gravity surveys have also been completed reconfirming existing targets and identified additional targets for further review 4.2025 field sampling and geophysical programs have also been undertaken at the Shuteen North target, which hosts extensive sub-cropping copper mineralisation and multiple intrusive systems 3 4. The Shuteen North target has never been previously drilled and is interpreted to be associated with the Shuteen lithocap, the largest lithocap in the Southern Gobi. The importance of this conceptual geological setting is significant given the lithocap at the Oyu Tolgoi project was an important early-stage exploration marker and the relative size of the Shuteen lithocap relatively to Oyu Tolgoi.The Company continues to defend a tax assessment that was relied upon to complete a merger in 2016, with the Mongolian Supreme Court scheduled to hear this case again in the next month.Please refer to Kincora's website and contact the Company for further details.Footnotes1 The Mineral Resource Estimate (MRE) and Exploration Target have been prepared by independent consultant DG & JG Larsen Consulting Pty Ltd and are reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 (JORC Code) and is not based on Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definitions, and as a result the estimate is not recognized under National Instrument 43-101 of the Canadian Securities Administrators (NI 43-101).The MRE and Exploration Target were commissioned and paid for by Resilience Mining Mongolia Limited, an unrelated party, meeting a condition precedent from a Joint Venture and Acquisition Agreement, and subsequent extension agreement, that was subsequently terminated by Kincora. The MRE and Exploration Target were based on data and geological information supplied by Kincora and Resilience Mining Mongolia Limited.The MRE and Exploration Target were reviewed by Kincora's geological staff under the supervision of Paul Cromie (BSc Hons. M.Sc. Economic Geology, PhD, member of the Australian Institute of Mining and Metallurgy and Society of Economic Geologists), then Exploration Manager Australia, who was the Qualified Persons for the purpose of NI 43-101.In 2022, Kincora retained a 100% interest in the project, data and reports pertaining to the MRE and Exploration Target from Resilience Mining Mongolia Limited (see the July 8, 2022, release "Kincora provides corporate update for Mongolian portfolio" for further details).In September 2024, Kincora executed a definitive agreement with Orbminco Limited's (formerly Woomera Mining Limited) to provide certain rights to the Mongolian project. Under the Earn-In and Joint Venture Agreement with Kincora multiple phases of exploration were undertaken by Orbminco Limited, including:4Q'2024 drilling program: a sixteen hole for 2,516 metre drilling program was completed designed to infill and extend the existing MRE with results that "confirm expansion and higher-grade potential of the West Kasulu resource" 2.1Q'2025 mapping and surface sampling program: the program "validated historic sampling and confirm a high-grade, copper-gold extension structure at the West Kasulu prospect which is open and trends northwest beneath shallow cover". Orbminco noted the "trend remains largely undrilled and that IP and gravity surveys are proposed to facilitate follow up drilling". At the Shuteen North prospect, located 10km southwest of the West Kasulu MRE, "limited previous exploration has recorded extensive sub-cropping copper mineralisation and multiple phase intrusive systems associated with strong mineral alteration, which has been confirmed during the recent mapping" 3.3Q'2025 geophysical program: a "large geophysical survey" included induced polarisation (IP) and gravity survey and followed up the 1Q'2025 mapping and surface sampling program. "Several IP anomalies have been identified to the west of the current resource and at Shuteen North. The results of the completed IP and gravity surveys have reconfirmed the existing targets and identified additional targets for further review" 4.In accordance with the Earn-In and Joint Venture Agreement, Orbminco Limited will within 60 days following the date of effective termination deliver all technical data obtained to Kincora.The Company is not aware of any information otherwise which materially affects the information included in the announcement referred to above and, in the care of the MRE and Exploration Target, all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply.For further details relating to the Mongolian licenses please refer to the Company's website (www.kincoracopper.com) and ASX listing prospectus, including the Mining Associates Technical Export Report (February 25, 2021).References1 Further details and technical disclosures included in the July 26, 2022, Kincora Copper press release "Mineral resource and updated exploration target for Bronze Fox". 2 Further details and technical disclosures included in the January 14, 2025, Orbminco Limited press release "Drilling Results for Bronze Fox Copper-Gold Project". 3 Further details and technical disclosures included in the March 26, 2025, Orbminco Limited press release "High grade copper-gold potential confirmed at Bronze Fox"4 Further details and technical disclosures included in the August 15, 2025, Orbminco Limited press release "Update on Mongolian Operations".Kincora Copper LimitedExecutive office400 - 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722 Subsidiary office AustraliaC/- JM Corporate ServicesLevel 6, 350 Collins Street Melbourne, VIC, Australia 3000Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267334 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SHANGHAI, Sep 22, 2025 - (ACN Newswire via SeaPRwire.com) – Gamehaus Holdings Inc. (NASDAQ: GMHS) today announced Gamehaus 2.0, a global, lifecycle-integrated publishing model designed to make hit creation more predictable. The strategy pairs an outside-in approach—integrating the best-fit creative teams at each stage of games’ lifecycle—with an inside-out engine, the GBS (Gamehaus Business System), which standardizes and scales enablement across discovery, development, launch and live operations.The Industry’s Pain Point: “Unpredictable Hits,” and Traditional Publishing that Bets on Luck.It is often difficult for the game industry to predict hot items. For game publishers, the conventional approach typically follows a linear “horizontal division of labor” where development, publishing and operation function merely as sequential handoffs, resulting in data gaps and inefficiencies. Publishers also bet on the opportunity to create hit titles.As the intermediary connecting upstream developers with downstream players, publishers are inherently positioned to act as “coordinators.” The difficulty in predicting hit titles may be solved by breaking data silos across all stages, efficiently integrating supply chain resources throughout the game lifecycle and building a robust empowerment platform. Gamehaus fully understands this challenge, with its forward-looking strategic upgrade underway to redefine the paradigm of game publishing.A Distilled Mission and Vision—A Timely Choice Born to Solve the Pain Point.Recently, Gamehaus officially unveiled its newly refined corporate mission and vision, of which the core essence organically and deeply aligns with the strategic direction of “Gamehaus 2.0.”Gamehaus' new mission – Bridge global game creators and players, making every crafted game spark passion in billion – reflects the Company’ s central identity: connecting the craftsmanship of creators on one side with the passion and expectations of players on the other. Gamehaus discovers high-quality ideas globally, empower small and midsize teams to bridge resource gaps, and—through professional global publishing and precision live operations—helps titles overcome geographic barriers and reach the right audiences, so that every crafted game can be seen and loved.Gamehaus’s new vision – Be the go-to partner for creative studios, launching breakout hits that redefine play – emphasizes the Company's commitment to lead the way and be the pivotal partner for creative studios. Through supply-chain integration and the GBS platform, Gamehaus will create a magnet for global ideas and talent, becoming the preferred partner across the entire journey from incubation to breakout. Gamehaus will consistently deliver works that are foundationally innovative –in mechanics, presentation, narrative, technology, or business model—and that, powered by strong organic spread and word of mouth, reset player expectations.Integrating a Global Creative Supply Chain Across the Full Lifecycle—Operationalizing Three Stages of Publishing.Unlike the conventional linear model, the Company, under its upgraded Gamehaus 2.0 business model, is embedded throughout the entire game lifecycle, achieving end-to-end oversight of ideas, products, commercialization and asset value. For example, during the upstream game concept and development stage, the Company leads product planning and process management, controlling the source and core value of the supply chain. In the midstream publishing and promotion stage, it manages channels and user acquisition, acting as the organizer of traffic. Downstream operation and value expansion focus on user services and asset enhancement, extending through monetization.Today, Gamehaus is building a global, multi-tiered and creative supply chain network through partnership, investment, customized development, mergers and acquisitions. Under the 2.0 model, the Company can flexibly deploy prominent development teams and creative resources to match different business scenarios and stages, maximizing commercial outcomes.In the zero-to-one creative validation stage (the earliest phase of turning an idea into a workable prototype), Gamehaus plays a role akin to a Hollywood producer, “sourcing” creative options globally, allowing small teams to focus primarily on validating zero-to-one creative prototypes through customized approaches. In the one-to-10 product crafting stage (scaling validated prototypes into polished, premium products), validated prototypes are handed over to more efficient and industrialized studios for premium and scalable development. In the 10-to-100 global expansion stage (growing proven products into large-scale, international franchises), Gamehaus acquires mature products and integrates them into the GBS platform for unified user acquisition, branding, community management, compliance and long-term operations. By redefining these three critical stages, Gamehaus is reshaping and integrating the global casual mobile game supply chains.Building the GBS Platform and a “Three-Capability Flywheel” to Become the Partner of Choice for Creative Teams Worldwide.Besides external global resource integration, Gamehaus has built the GBS (Gamehaus Business System) as an internal service platform, providing one-stop comprehensive services to global creative teams and positioning itself as their go-to partner. The GBS platform encompasses three modules, creating a flywheel of “discovery, empowerment and amplification.” These three factors reinforce one another, creating a flywheel effect.In the stage of value discovery, Gamehaus acts as the industry’s “talent scout and connoisseur,” analyzing global markets by integrating data from sources such as Sensor Tower, Steam wish lists, and TikTok trends to identify rising categories, potential hot items and outstanding development teams. This discovery capability has become a core competitive advantage of the Company.In terms of ecological empowerment, Gamehaus provides more than simple financial support -- it also offers comprehensive management capability for creative partners, allowing developers to focus more on creativity and development. With one click on the GBS platform, even teams of fewer than ten people can secure support comparable to major game studios.Furthermore, leveraging a mature publishing system, industrialized content pipelines and China’s unique development efficiency, Gamehaus can scale, globalize and extend the lifecycle of validated titles. This value-realization capability is like alchemy, turning a “raw creative stone” into a “commercial diamond”, rapidly pushing validated titles to global markets and enhancing their full lifecycle value.Advancing 2.0 Execution and Accelerating Comprehensive AI IntegrationThis year, the narrative of “European creativity + Chinese speed” is taking shape. Gamehaus has collaborated with Brainamic (Germany) and Beek (Türkiye), where relevant creative projects have entered the stage of demo verification and achieved positive progress. Gamehaus is actively seeking to establish long-term partnerships with more creative studios, ensuring a robust pipeline that delivers high-quality prototypes ready for polishing and publishing.Meanwhile, Gamehaus is rapidly advancing AI integration. The company is driving a comprehensive fusion of an AI-centric technology engine with the GBS platform—building an accelerated “AI + GBS” enablement system. In this system, AI technologies including AIGC, AI Agents and data intelligence are fully embedded into the discovery, empowerment and amplification system of GBS, building a digital infrastructure for the game industry and closing the loop of “discovery, empowerment and amplification”.Gamehaus 2.0 is not only about redefining publishing; it aspires to reshape the global standards of creative game production. Looking ahead, Gamehaus will ground its efforts in a reusable methodology and structured knowledge base, so that each success in the global casual-mobile publishing value chain becomes traceable and teachable—steadily turning vision into reality with disciplined execution and refined craft.About GamehausGamehaus Holdings Inc. is a technology-driven global mobile game publisher dedicated to bridging creative studios and players worldwide. With a portfolio spanning mid-core and casual games, Gamehaus delivers full-stack publishing support across market insights, user growth, live-ops, data analytics and monetization optimization. With a vision to be the go-to partner for creative teams, the company specializes in combining global publishing reach with AI- and data-powered solutions to help partners build lasting success. For more information, please visit https://ir.gamehaus.com.Forward-Looking StatementsCertain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may”, or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results due to various risks and uncertainties, including but not limited to those described under the ‘Risk Factors’ section in the Company’s most recent filings with the U.S. Securities and Exchange Commission.Investor Relations ContactGamehaus Holdings Inc.Investor Relations TeamEmail: IR@Gamehaus.comThe Blueshirt GroupMr. Jack WangEmail: Gamehaus@TheBlueshirtGroup.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Non-dilutive funding to strengthen IP, branding, and commercialization of Focus Graphite's silicon-enhanced battery technology and advanced materials portfolioOttawa, Ontario--(ACN Newswire via SeaPRwire.com - September 22, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, headquartered in Ottawa, Ontario, is pleased to announce its acceptance into the Intellectual Property Ontario ("IPON") program. IPON is a Government of Ontario initiative designed to help innovative companies protect and commercialize their intellectual property ("IP"). This non-dilutive funding will help accelerate patent protection and global commercialization of the Company's proprietary silicon-enhanced spheroidized graphite technology.Under Tier 2 of the IPON program, Focus will gain access to up to $100,000 per year in legal funding support, with a total cap of $300,000, covering up to 80 percent (80%) of eligible costs. This backing will offset the majority of costs associated with patent drafting and prosecution, claim amendments, trademark registration, prior art analysis, commercialization benchmarking, and more - delivered through a vetted roster of licensed Ontario patent agents and IP counsel.Focus's patent-pending technology is currently being advanced for protection in key jurisdictions including Canada, the United States, Europe, and Korea. The Company is working with MBM Intellectual Property Law ("MBM"), a leading Canadian IP firm based in Ottawa and an IPON-approved service provider, to expand its international IP footprint. IPON funding will directly support these efforts by enabling legal and commercialization services, while also laying the groundwork for future trademark registrations, copyright protections and branding strategies related to Focus's advanced material portfolio. This includes IP for product information bulletins, technical documentation, and marketing content that support commercialization across both commercial and defence applications.Jason Latkowcer, Vice President, Corporate Development, stated, "Our acceptance into the IPON program and the opportunity for non-dilutive funding comes at a pivotal time for Focus Graphite. This support will help us protect our patents, advance the commercialization of our silicon-enhanced battery technology, and strengthen the identity of our growing advanced materials portfolio. We continue to prioritize both commercial and defence markets, and our Ottawa headquarters provides direct access to a leading defence innovation community that is driving dual-use technologies."Focus is positioning its silicon-enhanced graphite technology as a dual-use solution for both high-growth commercial markets and mission-critical defence applications. Civilian use cases include electric mobility, grid-scale storage, and portable electronics, while military applications range from unmanned aerial systems and drones to compact, ruggedized power sources for war fighter gear and directed-energy platforms. The Company is actively pursuing procurement and licensing pathways with NATO partners, the Government of Canada (including the Department of National Defence), the U.S. Department of Defense ("DoD"), and other allies defence and commercial OEMs. These efforts are subject to regulatory approvals and the successful prosecution of its pending patents.About Intellectual Property OntarioIntellectual Property Ontario (IPON) is a provincial agency created to help Ontario businesses and researchers maximize the value of their intellectual property. IPON provides education, strategy development, and direct funding to support IP creation, protection, and commercialization. Through its Tier 2 funding stream, clients can access up to $300,000 over their participation in the program, with IPON covering up to 80% of eligible costs related to patent, trademark, and related IP services delivered by licensed Ontario IP lawyers or registered patent agents.For more information, please visit www.ip-ontario.ca.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.Investors Contact: Dean Hanisch CEO, Focus Graphite Inc. dhanisch@focusgraphite.com +1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits of Focus Graphite's acceptance into the Intellectual Property Ontario (IPON) program; the Company's ability to access non-dilutive funding and legal services under Tier 2 of the program; the advancement and international protection of its patent-pending silicon-enhanced spheroidized graphite technology in Canada, the United States, Europe, and Korea; the development of associated trademarks, copyrights, and branding strategies; and the creation of intellectual property for product information bulletins, technical documentation, and marketing content. This forward-looking information also includes statements regarding the technology's commercial and defence applications, its potential use in electric vehicles, consumer electronics, energy storage systems, and military-grade platforms such as drones, autonomous systems, and directed-energy devices, as well as the Company's strategy to commercialize and license its innovations across global markets and engage with government agencies and commercial OEMs.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267354 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Sep 22, 2025 - (ACN Newswire via SeaPRwire.com) – Shenzhen Hipine Precision Technology Co., Ltd. (“HIPINE” or the “Company”, together with its subsidiaries, collectively referred to as the “Group”; stock code: 2583.HK) last friday announced its plan to list on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).The Company commenced its Hong Kong public offering at 9:00 a.m. on last Friday, 19 September 2025 and close at 12:00 noon on Wednesday, 24 September 2025. The shares are expected to commence trading on the Stock Exchange on Monday, 29 September 2025, under the stock code 2583.HK. HIPINE plans to offer 10,600,000 shares globally, with an issue price range of HK$27.0 to HK$29.6 per share. Each lot consists of 100 shares, for a maximum of approximately HK$314 million. Ping An of China Capital (Hong Kong) Company Limited is the sole sponsor, whereas Ping An Securities (Hong Kong) Company Limited is the sole overall coordinator, sole global coordinator, joint bookrunner and joint lead manager.According to CIC, in 2024, HIPINE was the largest precious metal watch-24K gold brand in terms of GMV and the largest partial precious metal watch-24K gold brand in terms of GMV in China, with market shares of 27.08% and 28.96% in terms of GMV of precious metal watches-24K gold and GMV of partial precious metal watches-24K gold, respectively. The Company's revenue increased from RMB 323.70 million in FY 2022 to RMB 445.48 million in FY 2023 and further increased to RMB 456.56 million in FY 2024.A leader in the precious metal watch industry, driving steady growth through mastery and design. As a designer and manufacturer of gold-case watches and gold-bezel watches, HIPINE has established strong market reputation for well-crafted product. The Company’s flagship watch brand, HIPINE, has been recognised as a “Shenzhen Top Brand” by the Shenzhen Top Brand Evaluation Committee since 2022. The portfolio of nearly 3,000 unique watches and accessories creations launched and/or marketed by HIPINE during the Track Record Period integrated traditional Chinese culture into its products. This approach has successfully resonated with consumers and forged a distinctive brand differentiation barrier. Based on this, the Company's overall gross profit margin increased from 19.8% in FY2022 to 27.2% in FY2024, and from 25.3% in 5M2024 to 31.0% in 5M2025, demonstrating the Company's robust and resilient performance. Additionally, the Company actively promotes and participates in the formulation of national and industry standards of the precious metal watch and partial precious metal watch, contributing to the creation or revision of key industry specifications such as “Solid Gold Watch” and “Watches Using Gemstones and Precious Metals” , etc.A vertically integrated business and sales system, coupled with a diverse and tightly knit partner ecosystem. HIPINE has established long-term and close cooperative relationships with renowned domestic jewellery brands such as Lao Feng Xiang, Sino Gem and Chow Tai Seng, etc. Moreover, since 2023, the Company has cooperated with a certain largest retailer and supermarket chain for the promotion and sales of products in China. Leveraging a diverse and stable ecosystem of partners, the Company can capture real-time shifts in market preferences, driving product upgrades and iterations to meet the discerning demands of affluent domestic consumers. This enables the Company to consistently stay at the forefront of the latest consumer trends.  On the other hand, HIPINE has established a vertically integrated business and sales system. Through its own online stores, cooperative distributors and an extensive network of over 3,000 offline Retail Outlet locations nationwide, the Company achieves rapid penetration into consumer groups. Additionally, the Company has established its own production bases in Putian and Shenzhen. Leveraging the robust production control system, proprietary high-hardness gold alloy technology, and vertically integrated business model of HIPINE, they enable the Company to maintain tight control over production capacity, which help ensure that every product meets stringent quality standards and customer expectations. Notably, HIPINE has also initiated overseas expansion, having commenced sales of HIPINE watch products in Malaysia. Moving forward, the Company will further explore opportunities to expand its business footprint in the Middle East. Expanding the boundaries of wearable products through innovative research and development, leading the industry's wave of intelligent upgrades. HIPINE has dedicated itself to scientific innovation in wearable products, developing a proprietary supramolecular gold hardening technique that successfully overcomes the inherent softness of 24K gold. Leveraging this technology, the Company launched China’s first precious metal watch-24K gold which is capable of being produced in large quantities in 2014. Notably, HIPINE has partnered with Huawei, a global leader in technology, becoming the world's first brand to release a smart partial precious metal watch-24K gold with Huawei smart movements, and we are the first partial precious metal watch brand to release the smart dual-wearable partial precious metal watch-gold in China. Subsequently, in 2024, the Company developed and introduced smart silver watch series and smart gemstone watch series, both integrated with Huawei smart movements. According to data from the China Horologe Association, China Gold Association and CIC Report, the CAGR of smart precious metal watches and smart partial precious metal watches in China is projected to reach approximately 70% from 2024 to 2029. As the consumer base for precious metal watches-gold and partial precious metal watches-gold continues to expand and the growing demand for smart features, the smart precious metal watches industry is poised for even more promising development prospects.Looking ahead. Against the backdrop of a steadily recovering global economy and growing public appreciation for gold's cultural heritage and timeless value, HIPINE will steadfastly uphold its commitment to crafting timeless classics. By integrating innovative techniques and advanced smart experiences, riding the wave of the times to lead the precious metal watch-24K gold and partial precious metal watch-24K gold industries toward new growth trajectories, HIPINE will inject radiant “golden” vitality into Hong Kong capital markets.About Shenzhen Hipine Precision Technology Co., Ltd.Shenzhen Hipine Precision Technology Co., Ltd. (“HIPINE” or the “Company,” together with its subsidiaries, collectively the “Group”; stock code: 2583.HK) is a designer of gold-case watches and gold-bezel watches in China. It owns the flagship proprietary brand “HIPINE,” which was recognized as a “Shenzhen Top Brand” in 2022. Guided by its brand mission to “Reconceptualise gold through technological innovation”, the Company successfully pioneered the proprietary technology for hardening 24K gold, becoming the first company in China who specialises in the design and manufacturing of precious metal watches-24K gold and partial precious metal watches-24K gold. In 2014, the Company launched China’s first precious metal watch-24K gold which is capable of being produced in large quantities. In 2023, the Company launched a new collection of smart 24K gold-bezel watches integrated with smart movements of Huawei. The Company owns multiple watch collections beloved by consumers, including the Zodiac Series, the Lucky Time Series, the Yue Ji Series and the Artisanship Series, etc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com