SF INTRA-CITY (09699.HK): Controlling Shareholder Increases H-Share Stake by 4.9973% via Block Trade to About 63.48%
- The 45,844,000 H Shares acquired raised SF Holding's shareholding from 536,503,560 Shares to 582,347,560 Shares.
- The Board considers that the increase in shareholding demonstrates the Controlling Shareholder's firm confidence in the Company's business prospects and long-term value, and the Controlling Shareholder has no plan to reduce its shareholding at present.
NewTimeSpace News: On 18 September 2026, Hangzhou SF Intra-city Industrial Co., Ltd. (09699.HK) announced that it was informed by Celestial Ocean Investments Limited, a wholly-owned subsidiary of S.F. Holding Co., Ltd. ("SF Holding"), that on 18 September 2026 it had acquired 45,844,000 H Shares of the Company by a block trade, representing approximately 4.9973% of the entire issued share capital (including treasury shares) of the Company.
As a result of the Acquisition, the shareholding in the Company directly and indirectly held by SF Holding will be increased from approximately 58.4824% (being 536,503,560 Shares) to approximately 63.4797% (being 582,347,560 Shares), based on the Company's total issued share capital (including treasury shares) as at the date of the announcement. Based on the information available to the Company and to the knowledge of the Directors, following the increase in shareholding and as at the date of the announcement, the Company will continue to comply with the public float requirement under the Listing Rules.
The Board is of the view that the increase in shareholding demonstrates the firm confidence of the Company's Controlling Shareholder in the business prospects and long-term value of the Company, and the Controlling Shareholder has indicated that it currently has no plan to reduce its shareholding in the Company.
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- SF Intra-City (09699.HK): Expected Net Profit for First Half No Less Than RMB301 Million, Surge Over 120% YoY
- SF Intra-city (09699.HK) Controlling Shareholder Proposes H-share Full Circulation, Involving 171.76 Million Domestic Shares
- SF Intra-city (09699.HK): Total 19.11 Million Shares Purchased under H-Share Incentive Scheme at Total Cost of Approximately HK$193 Million
