S.F. Holding Co., Ltd.: Combined revenue from express logistics business, supply chain, and international business in February was RMB 21.604 billion, representing a year-over-year growth of 17.60%

S.F. Holding announced on March 19th that the total revenue from express logistics, supply chain, and international business for February 2026 was RMB 21.604 billion, a year-on-year increase of 17.60%. Due to the timing of the Spring Festival, the February data is not fully comparable to the same period last year. When calculated cumulatively for January and February, revenue increased by 8.55% year-on-year. Among them: express logistics revenue grew by 8.57% year-on-year, mainly benefiting from the company’s active expansion of holiday delivery, cultural tourism travel, and other consumer scenarios during the Spring Festival. Relying on the stable service advantages of its direct sales network and scenario-based solutions, the company effectively ensured the delivery needs of diverse customer businesses, achieving high-quality revenue growth. Supply chain and international business revenue increased by 8.49% year-on-year. Leveraging its global network advantages and diverse product portfolio, the company responded flexibly to market changes, actively seized new opportunities for international expansion, and maintained rapid growth in supply chain, international express, and cross-border e-commerce logistics revenue. However, fluctuations in international trade and a slowdown in freight market demand led to a decline in shipping prices compared to the same period last year, affecting the growth rate of the company’s international freight forwarding business.