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Income Scale Continues to Make bigger Anticipated 1H 2024 Internet Benefit Enlargement over 80% YoY

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HONG KONG, July 23, 2024 /PRNewswire/ — Hangzhou SF Intra-city Commercial Co., Ltd. (Conserve Code: 9699.HK), China’s greatest third-party on-demand supply provider supplier, is happy to announce that the Team recorded a continuing building up in its internet benefit for the six months ended 30 June 2024 (the “Period”), with a internet benefit on account of the house owners of the Corporate of no longer not up to roughly RMB 55 million, representing an building up of greater than roughly 80% from the similar duration of extreme week.

The continual internet benefit enlargement accomplished by means of SF Intra-city was once basically on account of the Team’s adherence to its trade function of wholesome and high quality enlargement, with layout quantity expanding by means of over 30% as in comparison to that of the similar duration of extreme week, which expanded its income, progressed the trade construction, and extra leveraged economies of scale and community impact. Pushed by means of applied sciences and incline control, the Team enhanced its running detail and potency, progressed running efficiency and maintained its improper benefit margin and expense ratio at a wholesome degree, which facilitated the development in its profitability.

The Team recorded stable trade enlargement, essentially on account of a multi-scenario trade type that resulted in greater layout density and optimized trade construction. By way of leveraging economies of scale and community results, the Team attracted high-value orders with differentiated services and products. It followed applied sciences to pressure complete making plans and deployment, optimized supply community potency, and pursued steady control streamlining to make stronger operation detail. Moreover, the Team excited by bettering useful resource usage to spice up potency and productiveness.

SF Intra-city will actively take hold of marketplace alternatives during the steady penetration of different site visitors, building of native retail, acceleration of intra-city logistics, and growth of third-party on-demand supply services and products. The Team is dedicated to large-scale growth, protecting diverse eventualities, offering skillful services and products, and founding a cast community to beef up its medium- to long-term income and benefit possible. Moreover, the Team will adapt to evolving client traits by means of specializing in serving consumers, industries, and community, developing extra versatile source of revenue alternatives, and handing over broader cost to our consumers and shareholders.

SOURCE SF Intra-city

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