
Core Viewpoint - SF Holding (002352.SZ) reported a revenue of RMB 24.847 billion for its express logistics, supply chain, and international business in July 2025, representing a year-on-year growth of 9.95% [1] Revenue Breakdown - The express logistics business revenue grew by 14.97% year-on-year, with a business volume increase of 33.69%, indicating a strong growth trend [1] - The growth is attributed to the company's implementation of activation strategies, increased authorization and incentives for frontline operations, and enhanced operational support [1] Operational Enhancements - The company has focused on strengthening standard products and comprehensive logistics service capabilities [1] - Continuous penetration into various logistics scenarios in manufacturing and consumer sectors effectively meets diverse customer business needs [1]