S.F.Holding Co.Ltd(002352) : Operation briefing of express logistics business in February 2022

Securities code: S.F.Holding Co.Ltd(002352) securities abbreviation: S.F.Holding Co.Ltd(002352) Announcement No.: 2022026 S.F.Holding Co.Ltd(002352)

Operation briefing of express logistics business in February 2022

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

In accordance with the provisions of self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 3 - industry information disclosure, S.F.Holding Co.Ltd(002352) (hereinafter referred to as "the company") now discloses the business operation briefing in February 2022 as follows:

Year on year change of the project from February 2022 to February 2021

1. Express logistics business

Operating income (100 million yuan) 98.49 101.91 - 3.36%

Business volume (100 million tickets) 638.96 - 8.33%

Single ticket income (yuan) 15.44 14.64 5.46%

2. Supply chain and international business

Operating income (100 million yuan) 59.69 10.19 485.77%

Total 158.18 112.10 41.11%

Note: description of classification and data restatement of the disclosed items: 1. Express logistics business: mainly including the company's time express, economic express, express, cold transport, medicine and intra city express business segments; 2. Supply chain and international business: it mainly includes the company's supply chain, international business segment, and the comprehensive logistics and international freight business segment of Kerry Logistics networking Co., Ltd. (hereinafter referred to as "Kerry Logistics"). Among them, the number of pieces in the original international business segment of the company was 04.1 million in February 2022 and 03 million in February 2021; 3. Restate the company's data for the same period in 2021 according to the classification of the above disclosure items. The above businesses are collectively referred to as "logistics and freight forwarding services". In February 2022, the company's revenue from logistics and freight forwarding services increased by 41.11% year-on-year, mainly due to the merger of relevant business revenue of Kerry Logistics.

In February, the business income of express logistics decreased by 3.36% year-on-year for two reasons: first, affected by the dislocation of the business peak before the Spring Festival, the business peak before the Spring Festival in 2022 is in late January and the business peak before the Spring Festival in 2021 is in early February; Second, since the second half of 2021, the company has taken the initiative to optimize the product structure and reduce the number of products with low gross profit. Combining the data from January to February, the total revenue of express logistics business was 27.129 billion yuan, an increase of 7.15% over the same period of last year; The business volume of express logistics totaled 1.627 billion tickets, an increase of 2.01% over the same period of last year; The single ticket income was 16.67 yuan, a year-on-year increase of 5.04%.

The above data has not been audited. Please pay attention to the investment risks.

It is hereby announced.

S.F.Holding Co.Ltd(002352) board of directors

March 19, 2002

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