SF Intra-City's controlling shareholder raises stake to 63.48% after buying 45.84 million H-shares
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On September 18, 2026, SF Intra-city (S.F. City Rush) announced that its controlling shareholder, Celestial Ocean Investments Limited, a wholly-owned subsidiary of SF Holding Co., Ltd., acquired 45.844 million H shares of the company through block trades. This acquisition represents approximately 4.9973% of the company's total issued share capital. Following the transaction, SF Holding's direct and indirect ownership increased from approximately 58.4824% (536,503,560 shares) to approximately 63.4797% (582,347,560 shares). The company stated that it continues to meet the public float requirements under the Listing Rules. The Board believes this shareholding increase demonstrates the controlling shareholder's strong confidence in the company's business prospects and long-term value, and noted there are currently no plans for any reduction in holdings.
Source report
Cailian Press, September 18 — S.F. City Rush issued a voluntary announcement today stating that Celestial Ocean Investments Limited, a wholly-owned subsidiary of S.F. Holding Co., Ltd., acquired 45.844 million H shares of the company through block trades on September 18, 2026.
The acquired shares represent approximately 4.9973% of the company's total issued share capital (including treasury shares).
Ownership Structure Update
Following this increase:
- Previous stake: Approximately 58.4824% (536,503,560 shares)
- Current stake: Approximately 63.4797% (582,347,560 shares)
Key Notes from the Announcement
- The company continues to meet the public float requirements under the Listing Rules.
- The Board believes this shareholding increase reflects the controlling shareholder's strong confidence in the company's business prospects and long-term value.
- There are currently no plans for any reduction in holdings.
Source
财联社Eastern
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SF IntraCity shares surge after controlling shareholder raises stake to 63.48%