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SF Express

In this article we are going to explore SF Express, a topic that has captured the interest of many people in recent years. SF Express is a fascinating topic that has generated a great debate in different areas, from science to popular culture. Throughout this article, we will examine different aspects related to SF Express, from its history and evolution, to its impact on today's society. In addition, we will analyze different perspectives and opinions on SF Express, with the aim of providing a complete and objective view on this topic. Without a doubt, SF Express is a fascinating topic that leaves no one indifferent, and we are sure that this article will be of great interest to all types of readers.

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SF Holding Co., Ltd.
Company typePublic
IndustryAir Freight and Logistics
FoundedMarch 26, 1993 (1993-03-26)
FounderWang Wei
Headquarters
Shenzhen, Guangdong
,
China
Area served
Worldwide
ProductsInternational express delivery and logistics services
RevenueUS$ (approx.) 39,500 million (2024)[1]
US$ (approx.) 1,410 million (2024)[1]
Total assetsUS$ (approx.) 29,900 million (2024)[1]
Number of employees
147,189 (2024)[1]
SubsidiariesSF Airlines
SF Supply Chain
SF Technology
SF Intra-city
Websitewww.sf-express.com Edit this at Wikidata
SF Express (Group) Co., Ltd.
Simplified Chinese顺丰速运（集团）有限公司
Traditional Chinese順豐速運（集團）有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinShùnfēng Sùyùn (Jítuán) Yǒuxiàn Gōngsī
SF Express
Simplified Chinese顺丰速运
Traditional Chinese順豐速運
Transcriptions
Standard Mandarin
Hanyu PinyinShùnfēng Sùyùn

SF Express (Group) Co., Ltd. is a Chinese multinational delivery services and logistics company based in Shenzhen, Guangdong. It is the largest courier in China,[2] and provides domestic and international express delivery. SF Express operates a fleet of cargo aircraft, which are owned by its subsidiary SF Airlines. The parent company of SF Express, SF Holding trades on the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. It is a constituent of SZSE 100 Index.

History

In the early 1990s, factories in Shunde needed to get samples to Hong Kong–based buyers, but frequently had issues with long shipping delays. To speed up this process, founder Wang Wei established ShunFeng Express as a small courier service with six employees, launching in 1993[3] providing service between Hong Kong and Guangdong Province.

In January 2010, SF Airlines started scheduled cargo services, with 41 aircraft,[citation needed] to provide services such as one-day and next-morning deliveries.[4]

In July 2017, SF Express used backdoor listing to begin trading on the Shenzhen Stock exchange, involving an asset swap with listed company Maanshan Dintai Rare Earth & New Materials Co.[5][6] SF Express was added as a constituent of SZSE 100 Index on 12 June 2017, effective on its first trading day.[7]

SF Express has opened at least 500 Heike[8] (Chinese: 嘿客)—an online shopping service community store—across all Chinese provinces, except for in Tibet and Qinghai. The company had plans to open 4,000 Heike stores nationwide in 2014.[9]

In February 2019, SF Express acquired the supply chain operations in China, Hong Kong and Macau from Deutsche Post DHL. Formed a new subsidiary as SF DHL Supply Chain China.[10]

SF Express operates one of the largest networks of self-service locker kiosks in Hong Kong with 939 kiosks as of October 2020.[11]


In 2021, SF Express made a significant investment in partnership with Hubei province to develop Ezhou Huahu cargo-focused Airport.[12] The Ezhou Huahu cargo hub is strategic for SF Express delivery operations for its central location to major cities such as Shanghai, Beijing and Guangzhou, while also being only an hour drive away from Wuhan. The Airport officially opened in 2022 and was renamed Ezhou Huahu International Airport in May 2025.[13]

In 2023, SF Express in partnership with China Railway Express launched a high-speed rail freight dedicated line, strengthening its ground transportation network.[14][15][16]

In November 2024, SF Express parent company SF Holding held a secondary listing on the Hong Kong Stock Exchange.[17] In 2024, SF Express reported growth with a revenue of RMB 284.42 billion, net profit of RMB 10.17 billion, air freight volume of 2.42 million tons, and operated 110 cargo aircraft.[18]

See also

References

  1. ^ a b c d "2024 Annual Report – SF Holding" (PDF). Retrieved September 18, 2025.
  2. ^ "A delivery man just became one of the richest people in China". The Independent. March 1, 2017. Retrieved May 10, 2025.
  3. ^ "关于我们". htm.sf-express.com. Retrieved October 10, 2023.
  4. ^ "顺丰即日". logistics-monitor.com. Retrieved October 10, 2023.
  5. ^ "中国个股：顺丰作价433亿元借壳鼎泰新材上市，并配套融资80亿元" [SF Express listed on the stock exchange through a reverse merger with Dingtai New Materials, valued at 43.3 billion yuan, and raised 8 billion yuan in supporting financing]. Reuters (in Chinese). May 23, 2016. Retrieved October 10, 2023.
  6. ^ "SF Express set to complete listing in Shenzhen". China Daily. Retrieved February 24, 2017.
  7. ^ 关于调整深证成指、中小板指、创业板指、深证100等指数样本股的公告 (PDF) (Press release) (in Chinese (China)). Shenzhen Securities Information. June 12, 2017. Archived from the original (PDF) on November 7, 2017. Retrieved November 1, 2017.
  8. ^ "www.d-long.cn - 信息中心 - "嘿客"模式陷困局，10亿代价买来的惨痛教训有多少". www.d-long.com. Retrieved October 10, 2023.
  9. ^ "Business Markets SF Express expanding supply chain". China Times. Retrieved July 24, 2014.
  10. ^ "DEUTSCHE POST DHL GROUP AND SF HOLDING CONCLUDE LANDMARK SUPPLY CHAIN DEAL". Retrieved February 18, 2019.
  11. ^ "The state of e-commerce in Hong Kong, 2019-2020". Starlity. Archived from the original on January 25, 2021. Retrieved October 2, 2020.
  12. ^ "Courier SF Holding readies China's first cargo airport". Nikkei Asia. Retrieved August 20, 2025.
  13. ^ Sales, Michael; Scholte, Sebastiaan (April 13, 2023). Air Cargo Management: Air Freight and the Global Supply Chain. Taylor & Francis. ISBN 978-1-000-85241-7.
  14. ^ "China Railway Corp., SF Express Team Up on Delivery Venture". Caixin. Retrieved August 20, 2025.
  15. ^ "A special SF Express train has been launched on the China-Europe route from Chengdu". index1520.com. Retrieved August 20, 2025.
  16. ^ "Underground express: The quiet rise of subway couriers in China". Eco-Business. January 3, 2024. Retrieved August 20, 2025.
  17. ^ "'China's FedEx' edges up after opening flat in Hong Kong debut". South China Morning Post. November 27, 2024. Retrieved November 27, 2024.
  18. ^ "SF Holding Delivered Record High 2024 Financial Results". Laotian Times. March 31, 2025. Retrieved August 20, 2025.
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