SF Holding advances A-share buyback, spending nearly 1.3 bn yuan

SF Holding has announced the progress of its A-share buyback program, which commenced on September 3, 2025. As of November 30, 2025, the company has repurchased 32,514,989 A-shares, totaling approximately CNY 1,299,892,981.76 (excluding transaction fees). This represents 0.65% of the company's current total share capital, with an average transaction price of CNY 39.98 per share. The highest price paid was CNY 42.23 per share, and the lowest was CNY 38.82 per share.

The buyback program, approved on April 28, 2025, and adjusted on October 30, 2025, aims to repurchase A-shares with a total value not less than CNY 1.5 billion and not exceeding CNY 3.0 billion. The repurchase price limit was initially set at CNY 60 per share, adjusted to CNY 59.10 per share from September 16, 2025, due to the implementation of A-share equity distribution. The buyback period spans from April 28, 2025, to October 29, 2026.

SF Holding confirmed that the buyback adheres to relevant laws and regulations and the established buyback plan. The company will continue to implement the buyback plan within the specified period.