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SHE:002352

6 stories mentioning SHE:002352Updated 5d ago

Every FINWIRES story that references SHE:002352, newest first.

Asia

SF Holding's Controlling Shareholder Sees Stake Dilution Following Share Placement With J&T Global

SF Holding (HKG:6936, SHE:002352) said the shareholding of its controlling shareholder and concerted party passively diluted, crossing a 1% threshold, but it will not lead to changes in the company's control, according to a Shenzhen bourse filing on Wednesday.The dilution came after the logistics company issued 225.9 million new H shares to J&T Global Express (HKG:1519), leading to the company's total shares increasing to 5.27 billion shares from 5.04 billion shares.The stake of the controlling shareholder, Shenzhen Mingde Holding Development, and the concerted party, Shenzhen Weishun Enterprise Management, was diluted to 46.76% from 48.85%.SF's Shenzhen shares rose over 2% during the morning trade, while J&T's shares also rose 2%.

HKG:1519HKG:6936SHE:002352
Asia

SF Holding Completes H Share Issuance to J&T Express, Raising HK$8.29 Billion

SF Holding (SHE:002352) completed the issuance of 225.9 million new H shares to J&T Global Express (HKG:1519) at HK$36.74 per share on Tuesday, following the satisfaction of all conditions, including exchange approval.The transaction was part of a mutual share subscription agreement initially announced in January, where SF also subscribed to newly issued shares of J&T Express, according to a Shenzhen Stock Exchange filing on Wednesday.After the issuance, SF's total outstanding shares rose to approximately 5.27 billion, with J&T Express becoming a 4.29% shareholder in SF.The H share issuance generated net proceeds of about HK$8.29 billion, while Mingde Holding remained the largest shareholder with a 46.76% stake.

HKG:1519HKG:6936SHE:002352
Asia

SF Holding's Revenue Jumps 6.1% in April

Express logistics business SF Holding (SHE:002352, HKG:6936) recorded a revenue of 25.4 billion yuan in April, up 6.1% from 23.9 billion yuan a year prior, according to a Tuesday Hong Kong bourse filing.Revenue from the express logistics arm and supply chain and international business wing increased 2.1% and 18%, respectively, year over year to 18.4 billion yuan and 7 billion yuan.

HKG:6936SHE:002352
Asia

SF Holding's Q1 Profit Rises 13%, Revenue Climbs 6%

SF Holding's (SHE:002352, HKG:6936) net profit attributable to shareholders in the first quarter rose 13% to 2.53 billion yuan from 2.23 billion yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share increased 11% year on year to 0.50 yuan from 0.45 yuan.Operating revenue climbed 6.1% to 74.1 billion yuan from 69.8 billion yuan in the preceding year, as parcel volume rose 4.9% to 3.73 billion.

HKG:6936SHE:002352
Asia

Market Chatter: SF Holding Planning $1 Billion Debt Offering

Express logistics business SF Holding (SHE:002352, HKG:6936) is in talks with advisers on a potential $1 billion capital raise via a convertible bond offering, Bloomberg reported Monday.The debt offering could help refinance a portion of SF Holding's HK$2.95 billion zero-coupon convertible bonds due this July.The report cautioned that reports were ongoing and the details may change.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:6936SHE:002352
Asia

SF Holding's Revenue Jumps 2.7% in March

Express logistics business SF Holding (SHE:002352, HKG:6936) recorded a revenue of 24.3 billion yuan in March, up 2.7% from 23.7 billion yuan a year prior, according to a Friday Hong Kong bourse filing.Revenue from the express logistics and supply chain and international business wings increased 0.7% and 9%, respectively, year over year to 18 billion yuan and 6.3 billion yuan.

HKG:6936SHE:002352

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