S.F. Holding Co., Ltd. (SF Holding) disclosed a Next Day Disclosure Return dated 26 May 2026, detailing continued execution of its “2025 First A-Share Repurchase Plan”.

Key take-aways

1. Latest daily repurchase • Date: 26 May 2026 • Shares repurchased: 5.72 million A shares (0.12% of A-share capital) on the Shenzhen Stock Exchange • Price range: RMB 35.24 – RMB 35.94 per share • Cash outlay: RMB 204.00 million (average repurchase price approx. RMB 35.66)

2. Cumulative repurchases awaiting cancellation • Total A shares repurchased but not yet cancelled (3 Sep 2025 – 26 May 2026): 145.23 million 
• Proportion of A-share base (4.80 billion): 3.02% • Estimated aggregate consideration (weighted by disclosed prices): about RMB 5.48 billion

3. Capital structure (post-trade, pre-cancellation) • A shares in issue: 4.80 billion • H shares in issue: 0.24 billion • Treasury shares: nil

4. Corporate actions framework • Repurchases stem from the 2025 First A-Share Repurchase Plan approved on 28 Apr 2025 and amended on 30 Oct 2025 and 30 Mar 2026. • At the 2025 annual general meeting, shareholders approved converting all repurchased shares from use in employee incentive schemes to full cancellation, thereby reducing registered share capital once the cancellations are processed.

No H-share movements or treasury-share transactions were reported during the period. All repurchases complied with Shenzhen Stock Exchange regulations and Hong Kong Stock Exchange disclosure requirements.