S.F. Holding Co., Ltd. released a Next Day Disclosure Return dated 2 September 2026, detailing the latest movements in both its Shenzhen-listed A-shares and Hong Kong-listed H-shares.
A-SHARE REPURCHASE PIPELINE • Outstanding A-share capital stood unchanged at 4.80 billion shares as of 2 September 2026. • Since the launch of the “2025 First A-Share Repurchase Plan”, the company has bought back 160.16 million A-shares between 3 September 2025 and 21 July 2026 at prices ranging from RMB 33.74 to RMB 42.01 per share. • The repurchased A-shares, equal to approximately 3.34 % of the current A-share base, have not yet been cancelled. Shareholders approved conversion of all repurchased A-shares from an employee incentive pool to cancellation for capital reduction at the 2025 AGM.
H-SHARE BUYBACK ON 2 SEPTEMBER 2026 • On-market repurchase: 527,800 H-shares at prices between HKD 30.76 and HKD 31.26, for a total consideration of HKD 16.41 million. • Treasury H-share holding rose to 9.69 million, or 2.08 % of total H-shares. • Issued H-shares outstanding decreased marginally to 456.19 million, bringing total issued shares (A + H) to 5.26 billion; treasury shares now total 9.69 million. • The repurchase was executed under the mandate approved on 8 May 2026, which authorises buybacks of up to 24 million H-shares. Cumulative repurchases under this mandate now stand at 9.69 million shares, representing 4.04 % of the H-shares outstanding on the mandate date. • A 30-day moratorium on new share issues or treasury-share sales runs until 2 October 2026, in line with Hong Kong listing rules.
REGULATORY COMPLIANCE The board confirms that all repurchases were authorised, funded in full, and conducted in accordance with Hong Kong Stock Exchange Main Board Rules and relevant PRC regulations.