Core Viewpoint - Jitu Express and SF Holding have announced a strategic mutual shareholding agreement involving a total investment of HKD 8.3 billion, aimed at enhancing their logistics network and service capabilities for global e-commerce [1]. Group 1: Strategic Partnership - Jitu Express will issue 822 million Class B shares to SF Holding at a price of HKD 10.10 per share, while SF Holding will issue 226 million H shares to Jitu Express at a price of HKD 36.74 per share [1]. - Post-transaction, SF Holding will hold 10% of Jitu Express, and Jitu Express will hold 4.29% of SF Holding [1]. - The collaboration aims to leverage both companies' strengths to build a more extensive, efficient, and resilient global integrated logistics network [1]. Group 2: Complementary Strengths - Jitu Express plans to utilize its end network and localized operational advantages across 13 countries, combined with SF Holding's core resources in cross-border logistics and mature operational systems [1]. - The partnership is expected to enhance the competitiveness of end-to-end cross-border logistics solutions and expand service boundaries in the Chinese market [1]. Group 3: Historical Context - Prior to Jitu's IPO in Hong Kong in 2023, SF Holding already held a 1.54% stake in Jitu through investments [2]. - In May 2023, Jitu acquired 100% of SF Holding's Fengwang Express for HKD 1.183 billion, allowing SF Holding to divest from its economy express business and eliminate competition and losses [2].

顺丰控股（06936）与极兔速递-W（01519）拟互认股份，早盘逆市高开，截至发稿，顺丰控股上涨 3.73%，报36.68港元；极兔速递-W上涨2.56%，报12.04港元。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 责任编辑：卢昱君 顺丰控股（06936）与极兔速递-W（01519）拟互认股份，早盘逆市高开，截至发稿，顺丰控股上涨 3.73%，报36.68港元；极兔速递-W上涨2.56%，报12.04港元。 ...

消息面上，1月15日，顺丰控股与极兔速递联合发布公告，宣布达成一项战略性的相互持股协议，将互 为对方增发新股，投资交易金额达83亿港元。交易完成后，顺丰控股将持有极兔速递10%的股份，极兔 速递将持有顺丰控股4.29%的股份。 智通财经APP获悉，顺丰控股(06936)、极兔速递-W(01519)逆市高开，截至发稿，顺丰控股涨2.94%， 报36.4港元；极兔速递-W涨2.13%，报11.99港元。 顺丰控股创始人王卫和极兔速递创始人李杰共同表示，顺丰和极兔是多年合作的战略伙伴。此次相互持 股，是双方关系深化的重要里程碑，标志着彼此从业务协同走向更紧密的战略共赢。双方将携手打造一 个更高效的全球智慧物流网络，有力把握中资企业出海及跨境电商带来的历史性机遇，为客户创造更卓 越的全球供应链价值。 ...

Group 1: Important Events - CITIC Securities expects a 38% year-on-year increase in net profit for 2025, with rapid growth in brokerage and investment banking revenues [1] - SF Holding has reached a strategic mutual shareholding agreement with Jitu Express, involving an investment transaction amounting to HKD 8.3 billion, resulting in SF Holding owning 10% of Jitu and Jitu holding 4.29% of SF [1] - Tianli Lithium Energy's subsidiary Sichuan Tianli will undergo maintenance, expected to reduce lithium iron phosphate production by 1,500 to 2,000 tons [1] - Junda Co. plans to acquire a 16.67% stake in Xingyi Xinneng, which aims to take over the assets, personnel, and business of the domestic rare satellite battery manufacturer Shangyi Optoelectronics [1] Group 2: Shareholding Changes - Huibo Pu's actual controller will change to the Tianjin State-owned Assets Supervision and Administration Commission [2] - WISCO Development plans to replace its main assets and liabilities related to its original business with equivalent portions of 100% equity in WISCO Mining and Luzhong Mining [2] Group 3: Performance Forecasts - Jinhaitong anticipates a 104%-168% year-on-year increase in net profit for 2025, driven by sustained demand in the semiconductor packaging sector [2] - Siwei Tuxin expects a profit of approximately CNY 90.09 million to CNY 117 million for 2025, marking a turnaround from losses [2] - Yonghe Co. forecasts a 110.87%-150.66% year-on-year increase in net profit for 2025 [3] - WuXi AppTec expects a year-on-year net profit growth of over 38% for the fiscal year 2025 [3]

Core Viewpoint - The announcement details a conditional share subscription agreement between Jitu Express and SF Holding, which involves the subscription of 226 million H shares at HKD 36.74 per share and 822 million B shares at HKD 10.10 per share, totaling approximately HKD 82.99 billion for the company [1]. Group 1: Company Overview - Jitu Express is a global logistics service operator that has achieved rapid growth in multiple countries, particularly in Southeast Asia, leveraging localized operational experience and a solid network foundation [2]. - SF Holding is the largest logistics service provider in China and Asia, ranked 393rd on the Fortune Global 500 list, offering end-to-end comprehensive logistics solutions across approximately 200 countries and regions [2]. Group 2: Strategic Importance of the Transaction - The investment in SF Holding is strategically significant for Jitu Express, as it establishes a solid trust foundation for deeper cooperation, expanding service and network coverage to benefit customers [3]. - The collaboration will enhance Jitu Express's international business capabilities by combining its strong last-mile delivery network and localized operational experience with SF Holding's core resources and mature operational systems in cross-border logistics [3]. - The partnership is expected to leverage complementary strengths in network resources, product differentiation, and customer bases, aiding both companies in expanding their service boundaries and enhancing competitiveness in the global logistics market [3].

Group 1 - The core point of the announcement is that Jitu Express (极兔速递-W) has entered into a conditional share subscription agreement with SF Holding (顺丰控股), agreeing to subscribe for 226 million H shares at a price of HKD 36.74 per share and 822 million Class B shares at HKD 10.10 per share, totaling approximately HKD 82.99 billion [1] - After the transaction, Jitu Express will hold about 4.29% of the enlarged issued shares of SF Holding, meaning SF Holding will not become a subsidiary of Jitu Express, and its financial results will not be consolidated into Jitu Express's financial statements [1] - The subscription shares will represent approximately 9.15% of Jitu Express's issued share capital as of the announcement date and about 8.45% of the enlarged issued share capital after the subscription [1] Group 2 - The group is a global logistics service operator that has achieved rapid growth in multiple countries, particularly in Southeast Asia, where it has established a strong localized operational experience and network [2] - SF Holding is the largest logistics service provider in China and Asia, ranked 393rd in the Fortune Global 500, offering end-to-end integrated logistics solutions with a broad global service network covering around 200 countries and regions [2] - The strategic significance of this transaction lies in establishing a solid trust foundation between Jitu Express and SF Holding, facilitating deeper cooperation and expanding service and network coverage to benefit customers [3] - The collaboration will enhance both companies' capabilities in domestic and international logistics, leveraging Jitu Express's strong last-mile delivery network and local operational experience alongside SF Holding's core resources in cross-border logistics [3]

公司就建议认购应付的代价总额约为82.99亿港元，即每股顺丰控股H股的认购价为36.74港元。公司将 以根据一般授权发行代价股份所得款项支付建议认购的代价。合共约8.22亿股B类股份的代价股份占截 至本公告日期公司已发行股本约9.15%，及占经配发及发行代价股份扩大后公司已发行股本约8.45%。 于交割后，顺丰控股将持有公司约10.00%的已发行股本，占公司约5.26%的投票权。 格隆汇1月15日丨极兔速递-W(01519.HK)发布公告，2026年1月15日(交易时段前)，公司与顺丰控股 (002352.SZ/6936.HK)订立股份认购协议，据此(i)公司有条件同意认购，且顺丰控股有条件同意发行约 2.26亿股顺丰控股H股，认购价为每股顺丰控股H股36.74港元；及(ii)公司有条件同意发行，且顺丰控股 有条件同意认购约8.22亿股B类股份，发行价为每股B类股份10.10港元，各项均须遵守股份认购协议所 载的条款及条件。于交割后，公司将持有经配发及发行认购股份扩大后的顺丰控股已发行股份的约 4.29%。 公告表示，本次交易对集团具有重要的战略意义。通过本次投资入股，集团与顺丰控股集团可以建立稳 固的信任基 ...

Group 1 - The core point of the announcement is that Jitu Express has entered into a conditional share subscription agreement with SF Holding, involving the subscription of approximately 226 million H shares at a price of HKD 36.74 per share and the issuance of approximately 822 million Class B shares at HKD 10.10 per share, resulting in Jitu Express holding about 4.29% of SF Holding's issued shares post-transaction [1][2] - The total consideration for the proposed subscription amounts to approximately HKD 8.299 billion, with the Class B shares representing about 9.15% of Jitu Express's issued share capital as of the announcement date and about 8.45% of the expanded issued share capital post-transaction [1] - Following the completion of the transaction, SF Holding will hold approximately 10.00% of Jitu Express's issued share capital, equating to about 5.26% of the voting rights [1] Group 2 - The transaction is strategically significant for the group, as it aims to establish a solid trust foundation with SF Holding, facilitating deeper cooperation and expanding service and network coverage to benefit customers [2] - In terms of international business, Jitu Express possesses strong last-mile delivery network capabilities and localized operational experience, which, combined with SF Holding's core resources in cross-border logistics, can enhance the competitiveness of end-to-end cross-border services [2] - Domestically, the collaboration is expected to leverage complementary strengths in network resources, differentiated product structures, and customer bases, aiding both companies in expanding their service boundaries and enhancing overall competitiveness in the global logistics market [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 本 公 告 僅 供 參 考，並 不 構 成 收 購、購 買 或 認 購 本 公 司 證 券 之 邀 請 或 要 約。 J&T Global Express Limited 極兔速遞環球有限公司 （於 開 曼 群 島 註 冊 成 立 以 不 同 投 票 權 控 制 的 有 限 責 任 公 司） （股 份 代 號：1519） 有關建議認購順豐控股H股 及 根據一般授權擬向順豐控股發行B類股份的主要交易 引 言 董 事 會 謹 此 宣 佈，於2026年1月15日（交 易 時 段 前），本 公 司 與 順 豐 控 股 訂 立 股 份 認 購 協 議，據 此(i)本 公 司 有 條 件 同 意 認 購，且 順 豐 控 股 有 條 件 同 意 發 行 225,877,669股順豐控股H股，認 購 價 為 每 股 順 豐 控 股H股36.74港 元；及(ii)本 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 J&T Global Express Limited 本公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.51(1) 條 作 出。 極兔速遞環球有限公司（「本公司」）董 事（「董 事」）會（「董事會」）欣然建議(a)對本公 司第七次經修訂及重述的組織章程大綱及細則作出若干修訂（「建議修訂」），旨 在（其 中 包 括）(i)反 映 並 符 合 最 新 的 監 管 要 求，包 括 上 市 規 則 有 關 混 合 會 議、電 子 投 票 要 求 以 及 提 名 委 員 會 職 責 與 組 成 的 相 關 要 求；(ii)批准發行無投票權股 份 之 程 序；(iii)購 回 股 份 之 權 力；(iv)批 准 本 公 司 作 出 撥 備 以 配 發 及 發 行 股 份、 更 改 股 本 計 值 及 削 減 股 份 溢 價 賬 之 程 序； ...