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Hangzhou SF Intra-city Announces EGM to Approve Revised Delivery Service Caps

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Hangzhou SF Intra-city Announces EGM to Approve Revised Delivery Service Caps

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The latest update is out from Hangzhou SF Intra-city Industrial Co., Ltd. Class H ( (HK:9699) ).

Hangzhou SF Intra-city Industrial Co., Ltd. has announced the convening of its 2025 second extraordinary general meeting (EGM) to be held virtually on July 23, 2025. The primary agenda is to consider and approve revised annual caps for its last-mile delivery service under the intra-city on-demand delivery service cooperation framework agreement with SF Holding. The revised caps are set at RMB12,845.0 million and RMB20,551.0 million for the years ending 2025 and 2026, respectively. This move is expected to significantly impact the company’s operations by enhancing its service capacity and market positioning in the logistics sector.

The most recent analyst rating on (HK:9699) stock is a Buy with a HK$12.80 price target. To see the full list of analyst forecasts on Hangzhou SF Intra-city Industrial Co., Ltd. Class H stock, see the HK:9699 Stock Forecast page.

More about Hangzhou SF Intra-city Industrial Co., Ltd. Class H

Hangzhou SF Intra-city Industrial Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates within the logistics and delivery industry, focusing on intra-city on-demand delivery services. The company collaborates with SF Holding to enhance its last-mile delivery capabilities.

Average Trading Volume: 7,566,378

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.38B

For detailed information about 9699 stock, go to TipRanks’ Stock Analysis page.

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