According to the Next Day Disclosure Return dated 5 November 2025, S.F. Holding Co., Ltd. repurchased 2,523,900 of its A shares on the Shenzhen Stock Exchange at prices ranging between RMB 39.51 and RMB 39.70 per share, for a total consideration of approximately RMB 99.99 million. These repurchased shares are held in treasury.

Following this transaction, the number of A shares in issue decreased to 4,779,496,761, while treasury shares increased to 19,933,648. The total number of issued shares remained at 4,799,430,409. There was no change in the company’s H shares, which remained at 240,000,000 in issue with no treasury shares.