S.F. Holding (Stock Code: 002352.SZ / 6936.HK) Announces Update on A-Share Repurchase Plan

Bulletin Express03-02

On March 2, 2026, S.F. Holding Co., Ltd. disclosed an update on its A-share repurchase plan. The board had previously approved repurchasing a total amount between 1.50 billion RMB and 3.00 billion RMB of A shares, with the repurchase price initially capped at 60.00 RMB per share and later adjusted to 59.10 RMB per share due to an equity distribution. The plan is set to run from April 28, 2025, through October 29, 2026.

As of February 28, 2026, the company has repurchased 50.96 million A shares through a dedicated stock repurchase account, representing approximately 1.01% of its total share capital. The total transaction amount reached 2.00 billion RMB, at an average purchase price of 39.24 RMB per share. The highest purchase price was 42.23 RMB, and the lowest was 37.07 RMB.

The company stated that the repurchase aligns with relevant regulations and the approved plan and reaffirmed its intention to continue carrying out the A-share repurchase within the designated timeframe. It further committed to disclosing any material developments in accordance with applicable rules to keep investors informed.

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