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SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Achieves Balanced High–Quality Growth Across All Business Segments Further Strengthens Leadership in China's Third–party On–demand Delivery Market Further Solidifies Its Leadership in Third-Party Instant Delivery

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Reports Record-high Revenue of RMB 22.9 Billion in 2025

Mon, 30 Mar 2026 10:19:00 -0400

Adjusted Net Profit Reaches RMB414.7 million, Driven by Technological Innovation and Accelerated Network Scale Economies

Results Highlights

Revenue increased by 45.4% year-on-year ("YoY") to RMB 22,898.6 million
Gross profit increased by 34.8% YoY to RMB 1,444.5 million; the gross profit margin stood at 6.3% and remained healthy
Profit attributable to owners of the Company reached a new historical high of approximately RMB 277.7 million, up 109.7% YoY; net profit margin was 1.2%; adjusted net profit

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025

Thu, 28 Aug 2025 21:29:00 -0400

Interim Revenue Up 48.8%, Surpassing RMB Ten Billion

Net Profit Maintained Solid Growth, Reaching a Record High

Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects

Results Highlights

Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million
Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable
Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the

NetEase appoints Johnny Chan as independent board director

Thu, 14 Aug 2025 04:30:16 -0400

NetEase Inc. (NASDAQ: NTES, HKEX: 9999) announced the appointment of Kok Chung Johnny Chan as an independent director to its board of directors, effective August 14, 2025.

Chan brings over 40 years of experience in investment banking and investment management. He currently serves as Chief Investment Officer of Hong Kong Cyberport Management Company and holds positions on the Market Misconduct Tribunal and Securities and Futures Appeals Tribunal under Hong Kong's Securities and Futures Ordinance. Chan previously served as deputy chairman of the Listing Committee of the Hong Kong Stock Exchange.

Chan also serves as an independent non-executive director of CNQC International Holdings

NetEase appoints Johnny Chan as independent board director

Thu, 14 Aug 2025 04:30:16 -0400

NetEase Inc. (NASDAQ: NTES, HKEX: 9999) announced the appointment of Kok Chung Johnny Chan as an independent director to its board of directors, effective August 14, 2025.

Chan also serves as an independent non-executive director of CNQC International Holdings

NetEase appoints Johnny Chan as independent board director

Thu, 14 Aug 2025 04:30:16 -0400

NetEase Inc. (NASDAQ: NTES, HKEX: 9999) announced the appointment of Kok Chung Johnny Chan as an independent director to its board of directors, effective August 14, 2025.

Chan also serves as an independent non-executive director of CNQC International Holdings

NetEase appoints Johnny Chan as independent board director

Thu, 14 Aug 2025 04:30:16 -0400

NetEase Inc. (NASDAQ: NTES, HKEX: 9999) announced the appointment of Kok Chung Johnny Chan as an independent director to its board of directors, effective August 14, 2025.

Chan also serves as an independent non-executive director of CNQC International Holdings

NetEase appoints Johnny Chan as independent board director

Thu, 14 Aug 2025 04:30:16 -0400

NetEase Inc. (NASDAQ: NTES, HKEX: 9999) announced the appointment of Kok Chung Johnny Chan as an independent director to its board of directors, effective August 14, 2025.

Chan also serves as an independent non-executive director of CNQC International Holdings