S.F. Holding Co., Ltd. disclosed that on November 12, 2025, it repurchased 1,235,800 A shares, representing approximately 0.02% of its then-existing issued shares excluding treasury shares. The transaction took place on the Shenzhen Stock Exchange at repurchase prices ranging from RMB 40.36 to RMB 40.50 per share, totaling RMB 49,998,059.

Following this repurchase, the number of A shares (excluding treasury shares) was 4,772,001,620, and treasury shares increased to 27,428,789. The total share capital remained 4,799,430,409 shares.

The H share capital, listed under stock code 06936, was not affected by the transaction and remained at 240,000,000 shares.