SF Holding September Express Logistics and Supply Chain & International Businesses Generate Combined Revenue of RMB28.719 Billion, Up 6.34% Year-on-Year

Stock News10-19

SF Holding (06936) has announced that the combined revenue from its express logistics business and supply chain & international business for September 2026 amounted to RMB28.719 billion, representing a year-on-year increase of 6.34%.

Within this total: (1) In the express logistics segment, the company advanced its "Activate Operations" mechanism in 2025, achieving relatively high growth in business volume while driving network capacity expansion and model optimization. To further refine its business mix, the company introduced an upgraded "Activate Operations" mechanism in the third quarter of 2025, shifting from scale-driven to value-driven operations and gradually adjusting market strategies on a dynamic basis to safeguard high-quality business growth. Thanks to the effective implementation of these operating strategies, the company's business mix has continued to improve, with revenue per waybill in the express logistics segment rising 7.71% year-on-year, marking seven consecutive months of year-on-year recovery. (2) Revenue from the supply chain & international business grew 28.13% year-on-year, with the momentum of the second growth curve continuing to be unleashed. The company remains committed to its "Asia's only, globally covered" strategy, leveraging its global service network and rich product portfolio to respond nimbly to market changes and actively seize the strategic opportunities presented by Chinese enterprises going global, driving strong growth in overall supply chain & international business revenue.

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