S.F. Holding Co. Ltd

On July 21, the three major A-share indices surged across the board. The Shanghai Composite Index closed at 3,864.37 points, up 1.79%, the Shenzhen Component Index rose 4.81%, and the ChiNext Index jumped 7.05%. Total market turnover for the day was approximately 2.97 trillion yuan, an increase of 256.1 billion yuan from the previous trading day. Over 3,100 stocks closed higher, with 121 hitting the daily limit. On the sector front, the National Integrated Circuit Industry Investment Fund holdings led the gains, followed by semiconductors, SMIC concept stocks, and memory chips. Oil and gas exploration and services, kitchen and bathroom appliances, pharmaceutical distribution, and combustible ice were among the biggest decliners. According to Securities Times Data Treasure, five stocks hit record closing highs today, and 12 stocks received buy ratings from institutions. Dragon and tiger list data shows that 14 stocks saw net institutional buying exceeding 10 million yuan each, with Accelink Technologies topping the list with net institutional buying of 677 million yuan. In evening announcements, Dongjing Electronics announced the removal of its delisting risk warning, with its stock abbreviation changing to Dongjing Electronics on July 23. Xi'an Yicai's monthly production and sales of 12-inch electronic-grade silicon wafers surpassed 1 million units. Wuzhou Medical plans to acquire a 100% stake in Xuanzhi Technology to enter the motor control chip sector. SF Holding completed its 6 billion yuan share buyback plan. Sungrow Power Supply Chairman Cao Renxian proposed a buyback of shares worth 500 million to 1 billion yuan.

Gbit Chairman Lu Hongyan has proposed formulating a 2026 semi-annual dividend plan, intending to distribute a cash dividend of 100 yuan per 10 shares, tax included, to all shareholders based on the total share capital after deducting shares in the repurchase account. Wuzhou Medical plans to acquire 100% equity of Xuanzhi Electronic Technology Shanghai Company Limited through a combination of share issuance and cash payment, entering the motor control chip sector; the company's shares will resume trading on July 22. GigaDevice plans to use 500 million yuan of A-share raised funds to increase capital in its wholly-owned subsidiary Zhuhai Hengqin Xincun Semiconductor Company Limited to implement a DRAM fundraising project. Several companies have released semi-annual performance forecasts: Yuanjie Technology expects net profit attributable to the parent company to increase by 1196.91% to 1304.98% year-on-year; Zhongyi Technology expects an increase of 879.55% to 1075.46%; and Feinan Resources expects an increase of 245.36% to 314.43%. SF Holding has completed its 2025 first-phase A-share buyback plan, repurchasing a total of 160 million shares with a total transaction amount of approximately 5.999 billion yuan. Sungrow Power's chairman has proposed a share buyback of 500 million to 1 billion yuan; Putailai plans to buy back shares worth 200 million to 300 million yuan; and Wolong Electric's chairman has proposed a buyback of 50 million to 100 million yuan. China Vanke's largest shareholder, Shenzhen Metro Group, has provided the company with a loan of up to 519 million yuan. Titan Wind Energy's wholly-owned subsidiary has received an order from an international shipowner for two plus two crude oil tankers, with a total contract value of approximately 1.874 billion yuan. ST Dongjing has had its delisting risk warning removed, and its stock abbreviation will change to Dongjing Electronics starting July 23.

SF Holding released its June 2026 express logistics business operating brief. Combined revenue from its express logistics business and supply chain and international business for the month reached 27.88 billion yuan, up 6.19 percent year-on-year. Of this, express logistics business revenue was 20.017 billion yuan, a slight increase of 0.28 percent year-on-year, with business volume at 1.389 billion tickets, down 4.86 percent year-on-year, and revenue per ticket at 14.41 yuan, up 5.41 percent year-on-year. Supply chain and international business revenue was 7.863 billion yuan, up 24.97 percent year-on-year. The company noted that express logistics revenue per ticket has achieved year-on-year recovery for four consecutive months, and the growth in supply chain and international business is driven by the advancement of its strategy of being the only one in Asia with global coverage.