• Hangzhou SF Intra-city signed a delivery services framework agreement with controlling shareholder SF Holding on Oct. 26, 2026, renewing their existing arrangement.
• The agreement covers Jan. 1, 2027, through Dec. 31, 2029, subject to independent shareholder approval.
• Proposed annual caps for last-mile delivery services are RMB 14.5 billion, RMB 17 billion and RMB 19.5 billion for 2027-2029, respectively.
• Intra-city delivery service caps total RMB 750 million for 2027, RMB 950 million for 2028 and RMB 1.2 billion for 2029.
• Independent shareholders will vote on the agreement and proposed caps on Nov. 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hangzhou Sf Intra City Industrial Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261110-12407621), on November 10, 2026, and is solely responsible for the information contained therein.