S.F. Holding Co., Ltd. disclosed that on November 13, 2025, it repurchased 1,142,600 A shares on the Shenzhen Stock Exchange at prices ranging from RMB 40.26 to RMB 40.49 per share, for a total cost of RMB 46,145,513. Following this repurchase, the number of A shares outstanding decreased to 4,770,859,020, with 28,571,389 shares held as treasury shares. The combined total of A and H shares remained at 4,799,430,409.

According to the announcement, the company’s H shares, listed under stock code 06936 on The Stock Exchange of Hong Kong Limited, remained unchanged at 240,000,000 shares. The disclosed updates and confirmation adhere to the applicable listing rules and regulations of both exchanges.