S.F. Holding (06936) proposes to issue RMB5 billion 1.75% guaranteed bonds due 2029 and RMB5 billion 1.85% guaranteed bonds due 2031

S.F. Holding (06936) announced that on September 15, 2026, the Company and the issuer entered into a subscription agreement with the joint lead managers in respect of the issuance and subscription of RMB 5 billion 1.75% guaranteed bonds due 2029 (the 2029 Bonds) and RMB 5 billion 1.85% guaranteed bonds due 2031 (the 2031 Bonds, together with the 2029 Bonds, collectively the "Bonds").