Form 6-K SHENGFENG DEVELOPMENT For: Jun 30

September 15, 2026 11:11 AM EDT
false --12-31 2026-06-30 Q2 0001863218 0001863218 2026-01-01 2026-06-30 0001863218 2026-06-30 0001863218 2025-12-31 0001863218 us-gaap:CommonClassBMember 2025-12-31 0001863218 us-gaap:CommonClassBMember 2026-06-30 0001863218 us-gaap:CommonClassAMember 2025-12-31 0001863218 us-gaap:CommonClassAMember 2026-06-30 0001863218 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2026-06-30 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember srt:MaximumMember 2026-06-30 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2026-01-01 2026-06-30 0001863218 us-gaap:CommonClassBMember us-gaap:CommonStockMember srt:MinimumMember 2026-06-30 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2026-06-30 0001863218 us-gaap:CommonClassBMember country:KY 2020-12-18 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2020-12-18 0001863218 us-gaap:CommonClassAMember country:KY 2020-12-18 0001863218 us-gaap:CommonClassAMember country:KY 2020-12-18 2020-12-18 0001863218 us-gaap:CommonClassAMember country:KY us-gaap:CommonStockMember 2020-12-18 0001863218 us-gaap:CommonClassAMember country:KY us-gaap:CommonStockMember 2020-12-18 2020-12-18 0001863218 country:KY us-gaap:CommonStockMember 2020-12-18 0001863218 country:KY us-gaap:CommonStockMember 2026-06-30 0001863218 country:KY us-gaap:CommonStockMember 2026-01-01 2026-06-30 0001863218 srt:MinimumMember sfwl:SoftwareMember 2026-06-30 0001863218 srt:MaximumMember sfwl:SoftwareMember 2026-06-30 0001863218 2025-01-01 2025-06-30 0001863218 srt:MinimumMember 2023-01-01 2023-01-01 0001863218 2023-01-01 2023-01-01 0001863218 srt:MaximumMember 2023-01-01 2023-01-01 0001863218 sfwl:GuangdongShengfengLogisticsCoLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:BeijingTianyushengfengEcommerceTechnologyCoLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:HighAndNewTechnologyEnterpriseMember sfwl:GuangdongShengfengLogisticsCoLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:BeijingShengfengSupplyChainManagementCoLtdMember 2026-01-01 2026-06-30 0001863218 2025-06-30 0001863218 country:HK 2026-01-01 2026-06-30 0001863218 country:VN 2026-01-01 2026-06-30 0001863218 srt:MaximumMember country:VN sfwl:EnterprisesWithAnnualRevenueMember 2026-01-01 2026-06-30 0001863218 srt:MinimumMember country:VN sfwl:EnterprisesWithAnnualRevenueMember 2026-01-01 2026-06-30 0001863218 country:VN sfwl:EnterprisesWithAnnualRevenueMember 2026-01-01 2026-06-30 0001863218 srt:MinimumMember country:VN sfwl:SmallAndMicroEnterprisesMember 2026-01-01 2026-06-30 0001863218 country:VN sfwl:SmallAndMicroEnterprisesMember 2026-01-01 2026-06-30 0001863218 sfwl:InterestOfOperatingLeaseLiabilitiesMember 2025-01-01 2025-06-30 0001863218 sfwl:InterestOfOperatingLeaseLiabilitiesMember 2026-01-01 2026-06-30 0001863218 sfwl:AmortizationOfOperatingLeaseRightofUseAssetsMember 2025-01-01 2025-06-30 0001863218 sfwl:AmortizationOfOperatingLeaseRightofUseAssetsMember 2026-01-01 2026-06-30 0001863218 sfwl:OperatingLeasesAsLesseeMember 2026-06-30 0001863218 sfwl:BankLoansOfCreditLineMember 2026-06-30 0001863218 2024-12-31 0001863218 sfwl:BankOfChinaNingdeBranchMember 2025-12-31 0001863218 sfwl:BankOfChinaNingdeBranchMember 2026-06-30 0001863218 sfwl:ChinaIndustrialAndCommercialBankFuzhouBranchMember 2025-12-31 0001863218 sfwl:PostalSavingsBankFuzhouBranchMember 2025-12-31 0001863218 sfwl:PostalSavingsBankFuzhouBranchMember 2026-06-30 0001863218 sfwl:IndustrialBankFuzhouBranchMember 2025-12-31 0001863218 sfwl:IndustrialBankFuzhouBranchMember 2026-06-30 0001863218 sfwl:HaixiaBankOfFujianFuzhouJinanBranchMember 2025-12-31 0001863218 sfwl:HaixiaBankOfFujianFuzhouJinanBranchMember 2026-06-30 0001863218 sfwl:XiamenInternationalBankCoLtdFuzhouBranchMember 2025-12-31 0001863218 sfwl:XiamenInternationalBankCoLtdFuzhouBranchMember 2026-06-30 0001863218 sfwl:ChinaMerchantBankFuzhouBranchMember 2025-12-31 0001863218 sfwl:ChinaMerchantBankFuzhouBranchMember 2026-06-30 0001863218 sfwl:BankOfChinaFuzhouJinanBranchMember 2025-12-31 0001863218 sfwl:BankOfChinaFuzhouJinanBranchMember 2026-06-30 0001863218 us-gaap:LetterOfCreditMember sfwl:NotesPayableMember 2025-09-16 2025-09-16 0001863218 us-gaap:LetterOfCreditMember sfwl:NotesPayableMember 2025-09-16 0001863218 sfwl:IndustrialBankFuzhouBranchMember us-gaap:LetterOfCreditMember 2025-12-31 0001863218 sfwl:IndustrialBankFuzhouBranchMember us-gaap:LetterOfCreditMember 2026-06-30 0001863218 sfwl:ChinaPostalSavingsBankFuzhouBranchMember us-gaap:CommercialPaperMember 2025-12-31 0001863218 sfwl:ChinaPostalSavingsBankFuzhouBranchMember us-gaap:CommercialPaperMember 2026-06-30 0001863218 sfwl:FujianBafangMember 2007-12-01 2007-12-10 0001863218 us-gaap:RelatedPartyMember 2025-12-31 0001863218 us-gaap:RelatedPartyMember 2026-06-30 0001863218 sfwl:YongtengLiuMember 2026-06-30 0001863218 sfwl:FuzhouTianyuMember 2025-12-31 0001863218 sfwl:FuzhouTianyuMember 2026-06-30 0001863218 sfwl:FujianBafangMember 2025-12-31 0001863218 sfwl:FujianBafangMember 2026-06-30 0001863218 sfwl:ChongqingChangjiangAndItsSubsidiariesMember 2025-12-31 0001863218 sfwl:ChongqingChangjiangAndItsSubsidiariesMember 2026-06-30 0001863218 sfwl:MidCastleMember 2025-12-31 0001863218 sfwl:MidCastleMember 2026-06-30 0001863218 sfwl:PingtanSFMember 2025-12-31 0001863218 sfwl:PingtanSFMember 2026-06-30 0001863218 sfwl:HebeiTianyuMember 2026-06-30 0001863218 sfwl:TransportationServicesToHebeiTianyuMember 2026-01-01 2026-06-30 0001863218 sfwl:LeaseServicesFromFuzhouTianyuManagementMember 2025-01-01 2025-06-30 0001863218 sfwl:LeaseServicesFromFuzhouTianyuManagementMember 2026-01-01 2026-06-30 0001863218 sfwl:LeaseServicesFromFuzhouTianyuMember 2025-01-01 2025-06-30 0001863218 sfwl:LeaseServicesFromFuzhouTianyuMember 2026-01-01 2026-06-30 0001863218 sfwl:TransportationServicesFromFujianBafangMember 2025-01-01 2025-06-30 0001863218 sfwl:TransportationServicesFromFujianBafangMember 2026-01-01 2026-06-30 0001863218 sfwl:ChongqingChangjiangAndItsSubsidiariesMember 2026-01-01 2026-06-30 0001863218 sfwl:TransportationServicesToChongqingChangjiangAndItsSubsidiariesMember 2025-01-01 2025-06-30 0001863218 sfwl:TransportationServicesToChongqingChangjiangAndItsSubsidiariesMember 2026-01-01 2026-06-30 0001863218 sfwl:TransportationServicesToFujianBafangMember 2025-01-01 2025-06-30 0001863218 sfwl:TransportationServicesToFujianBafangMember 2026-01-01 2026-06-30 0001863218 sfwl:TransportationServicesToFujianDeshengMember 2025-01-01 2025-06-30 0001863218 sfwl:TransportationServicesToFujianDeshengMember 2026-01-01 2026-06-30 0001863218 sfwl:HebeiTianyuShengfengSupplyChainManagementCoLtdHebeiTianyuMember 2026-01-01 2026-06-30 0001863218 sfwl:MidCastleDevelopmentLtdMidCastleMember 2026-01-01 2026-06-30 0001863218 sfwl:PingtanSFMember 2026-01-01 2026-06-30 0001863218 sfwl:ChongqingChangjiangRiverMouldingMaterialGroupCoLtdChongqingChangjiangMember 2026-01-01 2026-06-30 0001863218 sfwl:FuzhouPuhuiTechnologyCoLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianYunlianShengfengIndustryCoLtdFujianYunlianMember 2026-01-01 2026-06-30 0001863218 sfwl:YongtengLiuMember 2026-01-01 2026-06-30 0001863218 sfwl:XiyingYangMember 2026-01-01 2026-06-30 0001863218 sfwl:YongxuLIUMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianDeshengLogisticsCoLtdFujianDeshengMember 2026-01-01 2026-06-30 0001863218 sfwl:FuzhouTianyuShengfengPropertyManagementCoLtdFuzhouTianyuManagementMember 2026-01-01 2026-06-30 0001863218 sfwl:FuzhouTianyuShengfengIndustrialCoLtdFuzhouTianyuMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianBafangShengfengLogisticsCoLtdFujianBafangMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengVIEMember 2026-06-30 0001863218 sfwl:ShengfengVIEMember 2026-06-02 0001863218 sfwl:HebeiTianyuMember 2026-06-02 0001863218 sfwl:ShengfengInternationalHoldingsLimitedMember 2026-06-02 0001863218 sfwl:ShengfengSupplyChainManagementCoLtdMember 2026-06-30 0001863218 sfwl:ShengfengSupplyChainManagementCoLtdMember 2024-06-19 2024-06-19 0001863218 sfwl:ShengfengSupplyChainManagementCoLtdMember 2024-06-19 0001863218 sfwl:FujianBafangMember 2007-12-31 2007-12-31 0001863218 sfwl:FujianBafangMember 2007-12-31 0001863218 2025-01-01 2025-12-31 0001863218 us-gaap:LoansPayableMember 2026-06-30 0001863218 sfwl:XingqidianMember 2026-01-01 2026-06-30 0001863218 sfwl:XingqidianMember 2024-06-11 0001863218 srt:MinimumMember us-gaap:CustomerConcentrationRiskMember sfwl:ZhongbaoZhiyunHuadianLogisticsTechnologyCoLtdMember us-gaap:AccountsPayableMember sfwl:CustomerMember 2026-01-01 2026-06-30 0001863218 srt:MaximumMember sfwl:ZhongbaoZhiyunHuadianLogisticsTechnologyCoLtdMember us-gaap:CustomerConcentrationRiskMember us-gaap:AccountsPayableMember sfwl:CustomerMember 2026-01-01 2026-06-30 0001863218 us-gaap:CustomerConcentrationRiskMember sfwl:CustomerMember sfwl:AccountReceivablesMember 2025-12-31 2025-12-31 0001863218 us-gaap:CustomerConcentrationRiskMember sfwl:CustomerMember sfwl:AccountReceivablesMember 2026-06-30 2026-06-30 0001863218 sfwl:HubeiLugeLogisticsCoLtdMember 2025-06-30 0001863218 sfwl:ZhongbaoZhiyunHuadianLogisticsTechnologyCoLtdMember 2026-06-30 0001863218 us-gaap:CustomerConcentrationRiskMember currency:CNY sfwl:CustomerMember us-gaap:SalesRevenueNetMember 2026-01-01 2026-06-30 0001863218 sfwl:OtherMember 2025-01-01 2025-06-30 0001863218 sfwl:OtherMember 2026-01-01 2026-06-30 0001863218 sfwl:GuangdongMember 2025-01-01 2025-06-30 0001863218 sfwl:GuangdongMember 2026-01-01 2026-06-30 0001863218 sfwl:ZhejiangMember 2025-01-01 2025-06-30 0001863218 sfwl:ZhejiangMember 2026-01-01 2026-06-30 0001863218 sfwl:LiaoningMember 2025-01-01 2025-06-30 0001863218 sfwl:LiaoningMember 2026-01-01 2026-06-30 0001863218 sfwl:BeijingMember 2025-01-01 2025-06-30 0001863218 sfwl:BeijingMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianMember 2025-01-01 2025-06-30 0001863218 sfwl:FujianMember 2026-01-01 2026-06-30 0001863218 us-gaap:ManagementServiceMember 2025-12-31 0001863218 us-gaap:ManagementServiceMember 2026-06-30 0001863218 sfwl:WarehouseStorageManagementServicesAndOthersRevenuesMember 2025-01-01 2025-06-30 0001863218 sfwl:WarehouseStorageManagementServicesAndOthersRevenuesMember 2026-01-01 2026-06-30 0001863218 sfwl:TransportationServicesMember 2025-01-01 2025-06-30 0001863218 sfwl:TransportationServicesMember 2026-01-01 2026-06-30 0001863218 sfwl:OtherMember 2025-01-01 2025-06-30 0001863218 sfwl:OtherMember 2026-01-01 2026-06-30 0001863218 sfwl:WarehouseStorageManagementServiceMember 2025-01-01 2025-06-30 0001863218 sfwl:WarehouseStorageManagementServiceMember 2026-01-01 2026-06-30 0001863218 sfwl:TransportationMember 2025-01-01 2025-06-30 0001863218 sfwl:TransportationMember 2026-01-01 2026-06-30 0001863218 srt:MaximumMember currency:USD 2025-06-30 0001863218 srt:MinimumMember currency:CNY 2025-06-30 0001863218 currency:CNY 2026-06-30 0001863218 srt:MinimumMember currency:CNY 2025-12-31 0001863218 srt:MinimumMember currency:CNY 2026-06-30 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2025-01-01 2025-06-30 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2025-12-31 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-06-30 0001863218 2021-01-07 2021-01-07 0001863218 sfwl:HubeiTianyuShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:YichunShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember sfwl:FuzhouChangleShengfengLogisticsCoLtdMember 2026-01-01 2026-06-30 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember sfwl:TianyuShengfengInternationalLogisticsGuangxiCoLtdMember 2026-01-01 2026-06-30 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember sfwl:FuzhouShengfengLargescaleCargoLogisticsCoLtdMember 2026-01-01 2026-06-30 0001863218 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember sfwl:XinjiangTianyuShengfengLogisticsCoLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:HeilongjiangShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:LuoyangShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ZhangzhouShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianShengfengZhuoyueShippingEngineeringTechnologyCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianShengfengFulaiLowAltitudeComprehensiveServiceCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ChongqingTianyuShengfengSupplyChainManagementCoLtdOneMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:LiaoningTianyuChangshengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:LangfangShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:DongguanShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:JiangxiShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:HunanShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ZhongshanShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:QingdaoShengfengSupplyChainCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:NingboShengfengSupplyChainCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShenzhenTianyuShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:AnhuiShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsGroupNingdeSupplyChainManagementCoLtdgMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ChengduShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsZhejiangCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:NingdeShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianDafengcheInformationTechnologyCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:FujianShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:SichuanShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:FuzhouShengfengTransportationCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:SuzhouShengfengSupplyChainManagementCoLtdbMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:SuzhouShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:NanjingShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:HangzhouShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShanghaiShengxuLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsGroupShanghaiSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:HubeiShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsGuangxiCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsYunnanCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsLiaoningCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsHenanCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsHebeiCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsShandongCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsTianjinCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsGuizhouCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:BeijingShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:BeijingTianyushengfengEcommerceTechnologyCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:HainanShengfengSupplyChainManagementCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:GuangdongShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:XiamenShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:FuqingShengfengLogisticsCoLtdMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengLogisticsGroupCoLtdShengfengVIEOrShengfengLogisticsMember us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengVietNamInternationalSupplyChainCOLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:SingularityDigitalTechnologyCoLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:TianyuShengfengLogisticsGroupCoLtdTianyuFormerlyKnownAsFujianTianyuShengfengLogisticsCoLtdMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengHoldingLimitedShengfengHKMember 2026-01-01 2026-06-30 0001863218 sfwl:ShengfengVIEMember 2026-06-30 0001863218 us-gaap:NoncontrollingInterestMember 2025-06-30 0001863218 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-06-30 0001863218 us-gaap:RetainedEarningsMember 2025-06-30 0001863218 sfwl:StatutoryReservesMember 2025-06-30 0001863218 us-gaap:AdditionalPaidInCapitalMember 2025-06-30 0001863218 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2025-06-30 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2025-06-30 0001863218 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-06-30 0001863218 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-06-30 0001863218 us-gaap:RetainedEarningsMember 2025-01-01 2025-06-30 0001863218 us-gaap:NoncontrollingInterestMember 2024-12-31 0001863218 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001863218 us-gaap:RetainedEarningsMember 2024-12-31 0001863218 sfwl:StatutoryReservesMember 2024-12-31 0001863218 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001863218 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2024-12-31 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2024-12-31 0001863218 us-gaap:NoncontrollingInterestMember 2026-06-30 0001863218 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-06-30 0001863218 us-gaap:RetainedEarningsMember 2026-06-30 0001863218 sfwl:StatutoryReservesMember 2026-06-30 0001863218 us-gaap:AdditionalPaidInCapitalMember 2026-06-30 0001863218 us-gaap:NoncontrollingInterestMember 2026-01-01 2026-06-30 0001863218 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-01-01 2026-06-30 0001863218 us-gaap:RetainedEarningsMember 2026-01-01 2026-06-30 0001863218 us-gaap:NoncontrollingInterestMember 2025-12-31 0001863218 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-12-31 0001863218 us-gaap:RetainedEarningsMember 2025-12-31 0001863218 sfwl:StatutoryReservesMember 2025-12-31 0001863218 us-gaap:AdditionalPaidInCapitalMember 2025-12-31 0001863218 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2025-12-31 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2025-12-31 0001863218 sfwl:ClassAAndClassBOrdinarySharesMember 2025-01-01 2025-06-30 0001863218 sfwl:ClassAAndClassBOrdinarySharesMember 2026-01-01 2026-06-30 0001863218 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2026-01-01 2026-06-30 0001863218 us-gaap:AdditionalPaidInCapitalMember 2026-01-01 2026-06-30 0001863218 sfwl:StatutoryReservesMember 2026-01-01 2026-06-30 0001863218 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2025-01-01 2025-06-30 0001863218 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2025-01-01 2025-06-30 0001863218 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-06-30 0001863218 sfwl:StatutoryReservesMember 2025-01-01 2025-06-30 0001863218 2026-06-02 2026-06-02 0001863218 sfwl:ChongqingChangjiangAndItsSubsidiariesMember 2025-01-01 2025-06-30 0001863218 sfwl:TransportationServicesToHebeiTianyuMember 2025-01-01 2025-06-30 0001863218 sfwl:HebeiTianyuMember 2025-12-31 0001863218 sfwl:FujianBafangMember 2026-06-30 0001863218 sfwl:FujianBafangMember 2025-06-30 0001863218 sfwl:YongtengLiuMember 2025-12-31 0001863218 sfwl:ChinaIndustrialAndCommercialBankFuzhouBranchMember 2026-06-30 iso4217:CNY iso4217:USD xbrli:pure xbrli:shares iso4217:USD xbrli:shares iso4217:HKD iso4217:VND sfwl:Segments

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-41674

 

Shengfeng Development Limited

 

Shengfeng Building, No. 478 Fuxin East Road

Jin’an District, Fuzhou City

Fujian Province, People’s Republic of China, 350001

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒      Form 40-F ☐

 

☒ Indicate by check mark whether this Report on Form 6-K is being incorporated by reference into the Registration Statement on Form F-3 (File No. 333-291051). 

 

 

 

 

 

EXPLANATORY NOTE

 

Shengfeng Development Limited is furnishing its unaudited condensed consolidated financial statements and footnotes for the six months ended June 30, 2026 and 2025. The unaudited condensed consolidated financial statements and notes are attached as Exhibit 99.1 to this report of foreign private issuer on Form 6-K, and Management’s Discussion and Analysis of Financial Condition and Results of Operations for the six months ended June 30, 2026 is attached as Exhibit 99.2 to this report of foreign private issuer on Form 6-K.

 

On September 15, 2026, the Company issued a press release announcing its unaudited financial results for the six months ended June 30, 2026 and 2025, a copy of which press release is attached as Exhibit 99.3 to this report of foreign private issuer on Form 6-K.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, including under the section entitled “Risk Factors” in its annual report on Form 20-F filed with the SEC on March 27, 2026, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof, except as may be required by law.

 

Incorporation by Reference

 

This Report on Form 6-K is hereby incorporated by reference into the Registrant’s Registration Statement on Form F-3 (File No. 333-291051) and any amendments thereto, and any other registration statements filed by the Company to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished. 

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Shengfeng Development Limited
     
Date: September 15, 2026 By: /s/ Yongxu Liu
  Name:  Yongxu Liu
  Title: Chief Executive Officer, President, Director, and Chairman (Principal Executive Officer)

 

2

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Unaudited Condensed Consolidated Financial Statements and Notes of Shengfeng Development Limited for the Six Months Ended June 30, 2026 and 2025
99.2   Management’s Discussion and Analysis of Financial Condition and Results of Operations
99.3   Press Release, dated September 15, 2026
101.INS   Inline XBRL Instance Document
101.SCH   Inline XBRL Taxonomy Extension Schema Document
101.CAL   Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF   Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB   Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE   Inline XBRL Taxonomy Extension Presentation Linkbase Document
104   Inline XBRL Taxonomy Extension Presentation Linkbase Document

 

3

 

ATTACHMENTS / EXHIBITS

UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND NOTES OF SHENGFENG DEVELOPMENT LIMITED FOR THE SIX MONTHS ENDED JUNE 30, 2026 AND 2025

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

PRESS RELEASE, DATED SEPTEMBER 15, 2026

XBRL SCHEMA FILE

XBRL CALCULATION FILE

XBRL DEFINITION FILE

XBRL LABEL FILE

XBRL PRESENTATION FILE

IDEA: R1.htm

IDEA: R2.htm

IDEA: R3.htm

IDEA: R4.htm

IDEA: R5.htm

IDEA: R6.htm

IDEA: R7.htm

IDEA: R8.htm

IDEA: R9.htm

IDEA: R10.htm

IDEA: R11.htm

IDEA: R12.htm

IDEA: R13.htm

IDEA: R14.htm

IDEA: R15.htm

IDEA: R16.htm

IDEA: R17.htm

IDEA: R18.htm

IDEA: R19.htm

IDEA: R20.htm

IDEA: R21.htm

IDEA: R22.htm

IDEA: R23.htm

IDEA: R24.htm

IDEA: R25.htm

IDEA: R26.htm

IDEA: R27.htm

IDEA: R28.htm

IDEA: R29.htm

IDEA: R30.htm

IDEA: R31.htm

IDEA: R32.htm

IDEA: R33.htm

IDEA: R34.htm

IDEA: R35.htm

IDEA: R36.htm

IDEA: R37.htm

IDEA: R38.htm

IDEA: R39.htm

IDEA: R40.htm

IDEA: R41.htm

IDEA: R42.htm

IDEA: R43.htm

IDEA: R44.htm

IDEA: R45.htm

IDEA: R46.htm

IDEA: R47.htm

IDEA: R48.htm

IDEA: R49.htm

IDEA: R50.htm

IDEA: R51.htm

IDEA: R52.htm

IDEA: R53.htm

IDEA: R54.htm

IDEA: R55.htm

IDEA: R56.htm

IDEA: R57.htm

IDEA: R58.htm

IDEA: R59.htm

IDEA: R60.htm

IDEA: R61.htm

IDEA: R62.htm

IDEA: R63.htm

IDEA: R64.htm

IDEA: R65.htm

IDEA: R66.htm

IDEA: R67.htm

IDEA: FilingSummary.xml

IDEA: MetaLinks.json

IDEA: ea0305178-6k_shengfeng_htm.xml



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings