S.F. Holding Co., Ltd.
2022 Semi-Annual Report
August 2022
Chapter 1 Important Information, Table of Contents and Definitions
The Company’s Board of Directors, Supervisory Committee, directors, supervisors, and senior
management hereby guarantee that the contents of the Semi-Annual Report are true, accurate, and complete,
and that there are no misrepresentations, misleading statements, or material omissions, and shall assume
individual and joint legal liabilities.
Wang Wei, the Company’s legal representative, Ho Chit, the chief financial officer (the person in charge of
finance), and Hu Xiaofei, the accounting officer, hereby declare and warrant that the financial report within the
Semi-Annual Report is true, accurate and complete.
All directors have attended the Board meeting approving the Semi-Annual Report.
In this Semi-Annual Report, the Company details the possible risk factors that may occur in the future and
countermeasures. For more information, please refer to “Section X. Possible Risks and Countermeasures” under
“Chapter 3 Management Discussion and Analysis”. Investors should refer to such information.
The Company is required to comply with the disclosure requirements on “express delivery service industry”
presented in the Self-Regulatory Guidelines No.3 for Companies Listed on the Shenzhen Stock Exchange -
Industrial Information Disclosure.
The Company does not plan to issue cash or equity dividends, nor to convert equity reserve into share
capital of the Company.
Table of Contents
Chapter 1 Important Information, Table of Contents and Definitions......4
Chapter 2 Company Profile and Key Financial Indicators......8
Chapter 3 Management Discussion andAnalysis......16
Chapter 4 Corporate Governance......66
Chapter 5 Environmental and Social Responsibilities......69
Chapter 6 Significant Events......72
Chapter 7 Share Changes & Shareholder Details......87
Chapter 8 Preferred Shares......93
Chapter 9 Bonds......94
Chapter 10 Financial Statements......95
List of DocumentsAvailable for Inspection
(1) Financial statements signed and sealed by the legal representative, the chief financial officer (the person in charge of finance) and
the accounting officer of the Company.
(2) The original copies of all documents and announcements of the Company which have been publicly disclosed in newspapers
designated by the China Securities Regulatory Commission during the reporting period.
(3) The original copies of the 2022 Semi-Annual Report signed by the chairman of the Board of Directors.
(4) The place where the above documents are maintained: the office of the Company’s Board of Directors.
Definitions
Term Description
Reporting period January 1, 2022 to June 30, 2022
The same period of January 1, 2021 to June 30, 2021
previous year
The Company, The listed S.F. Holding Co., Ltd.
Company, SF Holding, SF
RMB Renminbi yuan
Taisen Holding Shenzhen S.F. Taisen Holding (Group) Co., Ltd., a wholly-owned subsidiary of S.F.
Holding Co., Ltd.
Mingde Holding Shenzhen Mingde Holding Development Co., Ltd., the controlling shareholder of
S.F. Holding Co., Ltd.
Kerry Logistics Network Limited, a company listed on the Main Board of the Stock
Kerry Logistics Exchange of Hong Kong Limited (00636.HK) and a controlled subsidiary of S.F.
Holdings Co., Ltd.
SF Intra-city, Intra-city Hangzhou SF Intra-city Industrial Co., Ltd., a company listed on the Main Board of
Industrial the Stock Exchange of Hong Kong Limited (09699.HK) and a controlled subsidiary
of S.F. Holdings Co., Ltd.
SF Real Estate Investment Trust, a company listed on the Main Board of the Stock
SF REIT Exchange of Hong Kong Limited (02191.HK) and an associate of S.F. Holding Co.,
Ltd.
CSRC China Securities Regulatory Commission
SZSE Shenzhen Stock Exchange
HK Stock Exchange The Stock Exchange of Hong Kong Limited
Chapter 2 Company Profile and Key Financial Indicators
I. Company Information
Company Profile
StockAbbreviation SF Holding Stock Code 002352
Listed Stock Exchange Shenzhen Stock Exchange
Chinese Name of the Company 顺丰控股股份有限公司
Chinese Name Abbreviation of the 顺丰控股
Company (if any)
English Name of the Company (if S.F. Holding Co., Ltd.
any)
English Name Abbreviation of the SF Holding
Company (if any)
Legal Representative of the Wang Wei
Company
Contacts and Contact Methods
Board Secretary SecuritiesAffairs Representative
Name Ling Gan Jing Zen