SF Holding starts A-share buyback, repurchases 1.18m shares

SF Holding announced its first A-share buyback on September 3, 2025, repurchasing 1,185,000 shares for a total of RMB 49,782,467.09. This initial repurchase is part of a plan approved on April 28, 2025, and falls within the designated range of RMB 500 million to RMB 1 billion and an adjusted price cap of RMB 59.56 per share. The average price for this first buyback was RMB 42.01 per share, representing 0.02% of the company’s total share capital.

The company plans to continue its A-share buyback over the next 12 months, in accordance with regulatory guidelines. A related filing from August 31, 2025, indicates a decrease of 23,270,358 A-shares from the company’s treasury stock, which were repurchased under a previous mandate and cancelled on August 7, 2025.

As of August 31, 2025, SF Holding's total issued share capital stands at 240,000,000 H-shares and 4,799,421,659 A-shares. The company also has 17,650,521 outstanding A-share options from its 2022 incentive plan. Additionally, there are 2,950,000,000 unexercised zero-coupon convertible bonds due in 2026.