S.F. Holding (06936.HK, 002352.SZ) Publishes Monthly Return as of November 30, 2025

Bulletin Express12-02

S.F. Holding Co., Ltd. released its monthly return for the period ended November 30, 2025. The authorized share capital remained at RMB 5,039,430,409, consisting of 240,000,000 H shares and 4,799,430,409 A shares, both with a par value of RMB 1. The issued H shares stood at 240,000,000 with no change during the month.

The total issued A shares also remained 4,799,430,409. However, 20,112,341 A shares moved from issued shares to treasury shares in November, leaving 4,766,915,420 in circulation and increasing the treasury share balance to 32,514,989. These repurchases were conducted from November 3 through November 26, 2025, under the board-approved mandate.

Regarding share options for A shares, 17,466,709 options remained outstanding under the 2022 Stock Option Incentive Plan with no new transactions during the month. Additionally, the HK$2.95 billion zero-coupon guaranteed convertible bonds due 2026 carried no new share issuances in November, though a maximum of 60,859,250 new H shares could be issued upon full conversion at the conversion price of HKD 48.47.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Holding (06936.HK, 002352.SZ) Publishes Monthly Return as of November 30, 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-12-02 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>S.F. Holding Co., Ltd. released its monthly return for the period ended November 30, 2025. The authorized share capital remained at RMB 5,039,430,409, consisting of 240,000,000 H shares and 4,799,430,409 A shares, both with a par value of RMB 1. The issued H shares stood at 240,000,000 with no change during the month.</p>\n<p>The total issued A shares also remained 4,799,430,409. 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