SF Holding Co., Ltd. (SF Holding) disclosed on 8 May 2026 that it bought back 7.97 million A-shares on the Shenzhen Stock Exchange on the same day, executing its board-approved share-repurchase mandate dated 28 April 2025 (subsequently adjusted on 30 October 2025 and 30 March 2026).

The shares were repurchased at prices between RMB 37.38 and RMB 37.77, translating to a volume-weighted average price of RMB 37.64 per share. The transaction cost totalled RMB 299.99 million (approximately 0.30 billion).

Capital structure impact: • Outstanding A-shares fell to 4.68 billion from 4.69 billion, a 0.16% reduction. • Treasury shares rose from 109.70 million to 117.67 million. • Total issued share capital remained unchanged at 4.80 billion, comprising 4.68 billion A-shares and 240 million H-shares. • The H-share count listed in Hong Kong (stock code 06936) was unaffected.

Joint Company Secretary Gan Ling confirmed that the repurchase complied with all applicable listing rules, domestic regulations and board authorisations.