According to Zhitong Finance App, SF Tongcheng (09699.HK) issued an announcement. The board of directors of the company has reviewed and approved the proposal to convert 172 million unlisted domestic shares held by Shenzhen SF Tyson Holdings (Group) Co., Ltd. (SF Tyson), one of the controlling shareholders of the company, to implement the full circulation of H shares. These shares account for about 18.72% of the company's total issued share capital on the date of this announcement. The full circulation of H shares will help further increase the company's market value in circulation. The company's controlling shareholders, SF Express Tyson and SF Holdings Co., Ltd. are firmly optimistic about the company's long-term development and currently have no plans to reduce their holdings of the company's shares.

According to Zhitong Finance App, SF Tongcheng (09699.HK) issued an announcement. The board of directors of the company has reviewed and approved the proposal to convert 172 million unlisted domestic shares held by Shenzhen SF Tyson Holdings (Group) Co., Ltd. (SF Tyson), one of the controlling shareholders of the company, to implement the full circulation of H shares. These shares account for about 18.72% of the company's total issued share capital on the date of this announcement. The full circulation of H shares will help further increase the company's market value in circulation. The company's controlling shareholders, SF Express Tyson and SF Holdings Co., Ltd. are firmly optimistic about the company's long-term development and currently have no plans to reduce their holdings of the company's shares.