SF Holding(SZ:002352) Zheng Quan Zhi Xing·2025-08-08 16:24Core Viewpoint - SF Holding has completed the cancellation of 23,270,358 A-shares repurchased, which accounts for 0.46% of the total share capital before cancellation, and the company will adjust its registered capital accordingly [1][3]. Group 1: Share Repurchase and Cancellation - The company approved a share repurchase plan on April 29, 2024, with a total fund of no less than RMB 500 million and no more than RMB 1 billion, at a price not exceeding RMB 53 per share, within a 12-month period [1][2]. - As of April 28, 2025, the company had repurchased a total of 23,270,358 A-shares at an average price of RMB 36.91 per share, with a total transaction amount of RMB 859 million [2][3]. - The purpose of the repurchased shares was changed from employee stock ownership plans to cancellation and reduction of registered capital, which was approved in board meetings held on March 28, 2025, and June 13, 2025 [2][3]. Group 2: Impact on Share Capital Structure - Following the cancellation, the total share capital will decrease from 5,062,692,017 shares to 5,039,421,659 shares [3][4]. - The structure of the share capital will reflect the changes, with the number of restricted shares remaining at 27,411,735 and the number of unrestricted shares decreasing to 5,012,009,924 [4]. Group 3: Future Arrangements - The company will amend its articles of association regarding registered capital and total shares, and will handle the necessary business registration changes after completing the relevant procedures [5].