Hangzhou SF Intra-city Revises Annual Caps for Last-mile Delivery Services

Hangzhou SF Intra-city Industrial Co., Ltd. Class H ( (HK:9699) ) has provided an update.

Hangzhou SF Intra-city Industrial Co., Ltd. has announced a revision of its annual caps for the Last-mile Delivery Service under the 2024-2026 Intra-city On-demand Delivery Service Cooperation Framework Agreement. This revision is in response to increased demand and unforeseen transactions, requiring compliance with Hong Kong’s Listing Rules, including obtaining Independent Shareholders’ approval. An Extraordinary General Meeting (EGM) will be held to seek this approval, with an Independent Board Committee and Financial Adviser appointed to guide the process.

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 based in China, specializing in intra-city on-demand delivery services. The company is a part of the SF Holding Group, focusing on providing last-mile delivery solutions.

Average Trading Volume: 5,174,421

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.8B

For an in-depth examination of 9699 stock, go to TipRanks’ Overview page.