According to the Zhitong Finance App, SF Holdings (06936) issued an announcement regarding the proposal to issue RMB 5 billion of 1.75% coupon interest rate guaranteed bonds due in 2029 and RMB 5 billion of 1.85% coupon interest rate guaranteed bonds (bonds) due in 2031. All prerequisites under the subscription agreement have been fulfilled, and the bond issuance was completed on September 22, 2026.

The total proceeds from issuing the bonds will be RMB 10 billion before deducting fees and commissions payable to the joint lead manager and other expenses payable in connection with this sale. The net proceeds from the issuance of bonds will be used by the Group for refinancing and/or general corporate purposes.

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