S.F. Holding Co., Ltd. (SZSE:002352) announces a share repurchase program. Under the program, the company will repurchase up to CNY 2,000 million worth of its shares. The shares will be repurchased at a price of not more than CNY 70 per share.

The shares purchased will be used for ESOP or equity incentive plans. The program will be valid for 6 months.