Hangzhou SF Intra-city Announces Share Cancellation

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

Hangzhou SF Intra-city Industrial Co., Ltd. has voluntarily announced the cancellation of 16,082,200 repurchased H shares, reducing the total issued share capital and signaling the company’s proactive approach to capital management. Following the share cancellation, the company retains 2,822,000 H shares as treasury shares and may consider further repurchases depending on market conditions and financial health. The total number of issued shares now stands at 917,375,507, with the company continuing to assess the market for potential buyback opportunities under the existing mandate.

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