On March 19, 2020, S.F. Holding Co., Ltd. (the "Company") released an announcement on express delivery service operations in February 2020.

The company and all members of the board of directors confirm that the information contained in this announcement is true, accurate and complete, and no misrepresentations, misleading statements or material omissions are contained herein.

Comply with the disclosure requirements of the "Guidelines of the Shenzhen Stock Exchange for Industrial Information Disclosure No.9-Engagement of Listed Companies in Express Delivery Services Business", the company discloses briefing of the express delivery service and supply chain business operations in February 2020 as follows: 

In February 2020, the revenue of express delivery service and supply chain business increased by 82.11% year-on-year, mainly benefiting from: 1. Longer weekday operating time compared to the same period last year brought larger total business volume (different time period of Chinese New Year: the 2020 holiday was in late January and the 2019 holiday was in early February); 2. Effectiveness of time period and business volume of economic products maintained rapid growth.

The above data has not been audited. Investors are reminded to pay attention to investment risks. 

The English translation is a non-official version, which is for reference only.