Group 1 - The core point of the announcement is the strategic mutual shareholding agreement between SF Holding and Jitu Express, involving an investment transaction amounting to nearly HKD 8.3 billion [1] - SF Holding will issue 226 million H-shares at a price of HKD 36.74 per share to Jitu Express, while Jitu Express will issue 822 million Class B shares at a price of HKD 10.10 per share to SF Holding [1] - After the transaction, SF Holding will hold 10% of Jitu Express, and Jitu Express will hold 4.29% of SF Holding [1] Group 2 - The mutual shareholding is expected to leverage the complementary strategic synergies between the two companies, enhancing their end-to-end cross-border logistics solutions and domestic service capabilities [2] - SF Holding's strengths in high-quality logistics and international networks will complement Jitu Express's rapid expansion in the e-commerce delivery market [2] - The partnership aims to create a global smart logistics ecosystem by integrating SF Holding's air trunk lines with Jitu Express's end networks across 13 countries, improving efficiency in emerging markets [2]
顺丰控股与极兔速递达成相互持股协议