S.F. Holding Co., Ltd. (顺丰控股) disclosed the latest progress of its on-market A-share repurchase programme, confirming that it has repurchased 156.62 million A-shares for a total consideration of RMB 5.88 billion as at 30 June 2026.

The repurchase, conducted via centralized bidding since 3 September 2025, represents 2.97% of the company’s enlarged share capital of 5,265.31 million shares. The average purchase price stood at RMB 37.54 per share, with the highest and lowest transaction prices at RMB 42.23 and RMB 34.31 respectively.

The board originally approved the buyback on 28 April 2025 and later adjusted the plan on 30 October 2025 and 30 March 2026. Key terms now stipulate:

• Funding range: not less than RMB 3.00 billion and not more than RMB 6.00 billion • Price ceiling: RMB 58.68 per share (adjusted from RMB 60.00 following the 19 May 2026 equity distribution) • Execution window: up to 29 March 2027 • Purpose: cancellation of the repurchased shares to reduce registered capital, as endorsed by the 2025 annual general meeting.

S.F. Holding emphasised compliance with Shenzhen Stock Exchange buyback regulations, noting that no repurchases were executed during periods that could influence share pricing, during opening or closing auctions, or on days without price limits. The company will continue to implement the plan based on market conditions and will release further updates in accordance with applicable disclosure requirements.