Securities Code: 002352
Securities Abbreviation: SF Holding
Announcement Number: 2026-042
SF Holding Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions. Based on a strong confidence in future development prospects and a high recognition of its own value, the Company held the 20th meeting of the 6th Board of Directors on April 28, 2025, to review and approve the proposal on the first phase of the A-share buyback plan for 2025. Adjustments to the original plan were subsequently approved at board meetings held on October 30, 2025, and March 30, 2026.
The adjusted buyback plan is as follows: the total buyback amount will not be less than RMB 3 billion and not exceed RMB 6 billion, the type of shares to be repurchased is the publicly issued A-shares of the Company, and the buyback price will not exceed RMB 60 per share. The implementation period for the buyback is extended to within 12 months from the date the board approved the changes (i.e., until March 29, 2027). The purpose of the repurchased shares is to cancel them and reduce registered capital.