On April 25, 2025, S.F. Holding Co., Ltd. successfully issued its second tranche of super & short-term commercial paper in 2025 (bond abbreviation: 25 S.F. Holding SCP002; bond code: 012581059). The offering size was RMB 1 billion, with a bond term of 180 days and a coupon rate of 1.73%.

Founded in 1993 in Shunde, Guangdong province, and headquartered in Shenzhen, China, S.F. Holding Co., Ltd. (stock codes: 002352.SZ, 6936.HK) has grown into China and Asia’s largest and the world’s fourth-largest integrated logistics service provider. Centering on the logistics ecosystem, S.F. Holding Co., Ltd. continuously enhances its service capabilities and product portfolio, expanding its businesses across express delivery, economy delivery, freight, cold chain and pharmaceutical logistics, intra-city urgent delivery, as well as international express, freight forwarding, and supply chain—offering comprehensive end-to-end domestic and global logistics solutions. Leveraging cutting-edge R&D capabilities, S.F. Holding Co., Ltd. is committed to building a digital supply chain ecosystem, striving to become a globally respected leader in intelligent digital logistics solutions.

 Zhonglun W&D Law Firm provided professional legal services for the issuance of the 2025 super & short-term commercial paper of S.F. Holding Co., Ltd.. The legal services was led by Senior Partner Zhiping Li from the Beijing Office.