S.F. Holding Co., Ltd. (06936) announced that its combined revenue from express logistics, supply chain, and international businesses for December 2025 reached RMB 27.339 billion, marking a year-on-year increase of 3.41%. Specifically: (1) Revenue from the express logistics business grew by 3.78% year-on-year, while business volume surged by 9.33%. The company adheres to a sustainable and healthy development strategy, advancing operational enhancement mechanisms to meet diverse customer logistics needs through high-quality service and stable operational delivery. Concurrently, it is gradually optimizing its market strategy to pursue higher-quality business growth.

Due to fluctuations in international trade and a moderation in freight market demand, ocean freight prices have significantly declined compared to the same period last year, impacting revenue from the company's international freight forwarding business. However, leveraging its global network advantages and diverse product portfolio, the company has adeptly navigated market changes and actively seized new opportunities presented by enterprises expanding overseas, thereby maintaining stable cargo volume for its international freight forwarding segment. Revenue from international express and cross-border e-commerce logistics services maintained a relatively rapid year-on-year growth rate.