FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260921E00413 
1. Date of relevant event: 18/09/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):
(dd/mm/yyyy)
3. Stock code: 09699
4. Name of listed corporation: Hangzhou SF Intra-city Industrial Co., Ltd. - H Shares 
5. Class of shares: H Shares 
6. Number of issued shares in class: 745,610,609
7. Name of substantial shareholder: 深圳明德控股發展有限公司 (Shenzhen Mingde Holding Development Co., Ltd.) 
8. Registered office: 中國深圳市寶安區國際機場航站四路1111號 (No. 1111, Hangzhan 4th Road, Bao'an International Airport, Bao'an District, Shenzhen, The People's Republic of China)
9. Principal place of business in Hong Kong: N/A 
15. Exchange on which listed: N/A
16. Name of listed parent and exchange on which parent is listed: N/A 
17. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position
1101The percentage level of your interest in the shares has increased because:
you purchased the shares
2201Interest of corporation controlled by you
2201Interest of corporation controlled by you
 45,844,000 HKD 8.5400
3101Cash
Short position 
 
 
 		            
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position364,738,66248.92
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position410,582,66255.07
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2201Interest of corporation controlled by you
Long position410,582,662

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
  
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
深圳市瑋順企業管理有限公司 (Shenzhen Weishun Enterprise Management Co., Ltd.)中國深圳市寶安區航城街道草圍社區深圳機場航站四路1111號順豐華南轉運中心綜合樓八層 (8/F, Complex Building, SF South China Transit Center, No. 1111, Hangzhan 4th Road, Shenzhen Airport, Caowei Community, Hangcheng Sub-district, Bao'an District, Shenzhen, The People's Republic of China) (The People's Republic of China)深圳明德控股發展有限公司 (Shenzhen Mingde Holding Development Co., Ltd.)100.00N
Long position410,582,662
順豐控股股份有限公司 (S.F. Holding Co., Ltd.)中國深圳市寶安區航城街道草圍社區深圳機場航站四路1111號順豐華南轉運中心綜合樓三層 (3/F, Complex Building, SF South China Transit Center, No. 1111, Hangzhan 4th Road, Shenzhen Airport, Caowei Community, Hangcheng Sub-district, Bao'an District, Shenzhen, The People's Republic of China) (The People's Republic of China)深圳明德控股發展有限公司 (Shenzhen Mingde Holding Development Co., Ltd.)46.27N
Long position410,582,662
順豐控股股份有限公司 (S.F. Holding Co., Ltd.)中國深圳市寶安區航城街道草圍社區深圳機場航站四路1111號順豐華南轉運中心綜合樓三層 (3/F, Complex Building, SF South China Transit Center, No. 1111, Hangzhan 4th Road, Shenzhen Airport, Caowei Community, Hangcheng Sub-district, Bao'an District, Shenzhen, The People's Republic of China) (The People's Republic of China)深圳市瑋順企業管理有限公司 (Shenzhen Weishun Enterprise Management Co., Ltd.)1.96N
Long position410,582,662
深圳順豐泰森控股(集團)有限公司 (Shenzhen S.F. Taisen Holding (Group) Co., Ltd.)中國深圳市前海深港合作區南山街道興海大道3076號順豐總部大廈43樓4301 (4301, 43/F, SF HQ Building, No. 3076 Xinghai Avenue, Nanshan Sub-district, Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Shenzhen, The People's Republic of China) (The People's Republic of China)順豐控股股份有限公司 (S.F. Holding Co., Ltd.)100.00Y
Long position171,764,898
深圳順豐泰森控股(集團)有限公司 (Shenzhen S.F. Taisen Holding (Group) Co., Ltd.)中國深圳市前海深港合作區南山街道興海大道3076號順豐總部大廈43樓4301 (4301, 43/F, SF HQ Building, No. 3076 Xinghai Avenue, Nanshan Sub-district, Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Shenzhen, The People's Republic of China) (The People's Republic of China)順豐控股股份有限公司 (S.F. Holding Co., Ltd.)100.00N
Long position238,817,764
順豐科技有限公司 (SF Technology Co., Ltd.）深圳市南山區學府路(以南)與白石路(以東)交匯處深圳市軟件產業基地1棟B座6-13層（Floor 6-13, Block B, Building 1, Shenzhen Software Industry Base, intersection of Xuefu Road (south) and Baishi Road (east), Nanshan District, Shenzhen City）深圳順豐泰森控股(集團)有限公司 (Shenzhen S.F. Taisen Holding (Group) Co., Ltd.)100.00N
Long position75,000,000
北京順豐同城科技有限公司 (Beijing SF Intra-city Technology Co., Ltd.)北京市海淀區學清路10號院1號樓A座14層101(101, 14th Floor, Block A, Building 1, No. 10 Xueqing Road, Haidian District, Beijing City)順豐科技有限公司（ SF Technology Co., Ltd.）80.95Y
Long position75,000,000
SF Holding (HK) Limited9/F, Asia Logistics Hub - SF Centre, 36 Tsing Yi Hong Wan Road, Tsing Yi, New Territories, Hong Kong深圳順豐泰森控股(集團)有限公司 (Shenzhen S.F. Taisen Holdings (Group) Co., Ltd.)100.00Y
Long position117,076,764
SF Holding (HK) Limited9/F, Asia Logistics Hub - SF Centre, 36 Tsing Yi Hong Wan Road, Tsing Yi, New Territories, Hong Kong深圳順豐泰森控股(集團)有限公司 (Shenzhen S.F. Taisen Holdings (Group) Co., Ltd.)100.00N
Long position46,741,000
Celestial Ocean Investments LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town,Tortola, VG1110, British Virgin IslandsSF Holding (HK) Limited100.00Y
Long position46,741,000

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: Reference is made to the announcement dated 18 September 2026 regarding the increase in shareholding of H Shares of the Company by a Controlling Shareholder. Celestial Ocean Investments Limited, a wholly-owned subsidiary of S.F. Holding Co., Ltd. (“SF Holding”) has acquired 45,844,000 H Shares of the Company by a block trade on 18 September 2026. Shenzhen Mingde Holding Development Co., Ltd. controls 48.22% of interest of SF Holding.
28. Log/Serial Number of the previous form:
29. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 2: 21/09/2026
(dd/mm/yyyy)