SF Holdings: Fully-owned subsidiary renews 694 million yuan property leasing agreement involving related transactions.

SF Holdings announced that on March 12th, its wholly-owned subsidiary renewed a property lease agreement with affiliated party SF Real Estate's subsidiary, involving logistics properties in Hong Kong, Foshan, Wuhu, and Changsha, with a total rent of approximately 694 million RMB. As of the disclosure date, the company indirectly holds 36.61% of SF Real Estate through its wholly-owned subsidiary. The transaction has been reviewed and approved by the board of directors, does not require shareholder approval, does not constitute a major asset reorganization, and has no significant impact on the company's financial condition and operating results. From the beginning of 2026 to the disclosure date, the company has conducted related transactions with SF Real Estate and its subsidiaries totaling approximately 63 million RMB.