SFINTRA-CITY：2023AnnualReport.pdf

1、(A joint stock company incorporated in the Peoples Republic of China with limited liability)Stock Code:9699A N N U A L R E P O R T2023Company Profile2Corporate Information3Financial Highlights5Chairman of the Board and CEO Statement6Management Discussion and Analysis10Corporate Governance Report27Di

2、rectors,Supervisors and Senior Management48Report of Directors55Report of Supervisors78Independent Auditors Report80Consolidated Statement of Comprehensive Income84Consolidated Statement of Financial Position86Consolidated Statement of Changes in Equity88Consolidated Statement of Cash Flows90Notes t

3、o the Consolidated Financial Statements91Financial Summary166Definitions167ContentsANNUAL REPORT 20232Company ProfileWe started as a business unit of SF Holding Group,focusing on the emerging opportunities of intra-city on-demand delivery services.On June 21,2019,our Company was incorporated in the

4、PRC as a joint stock company with limited liability,to operate as an independent legal entity to capture the growth opportunities brought about by the new consumption trends.On December 14,2021,our Company was listed on the Main Board of Hong Kong Stock Exchange.We provide both(i)intra-city delivery

5、 for merchants and consumers and(ii)last-mile delivery mainly for logistics companies.We have rapidly grown into the largest third-party on-demand delivery service platform in China1.We have adopted a multi-scenario business model featuring full coverage of delivery scenarios for all types of produc

6、ts and services.Our extensive service coverage,ranging from mature scenarios such as food delivery to growth scenarios such as local retail,local e-commerce and local services,has enabled us to respond to the evolving customer needs brought about by the development and upgrade of the local consumer