SFC Holdings Co., Ltd. Goes Public on the Growth Enterprise Market, Embarking on a New Journey

Time: Oct 12,2023 Author: SFC Source: www.sendfromchina.com

At 9:25 AM on September 28, 2023, accompanied by the clear and resonant sound of the opening bell, SFC Holdings Co., Ltd. (stock abbreviation: SFC Holdings, stock code: 301558) officially listed on the Growth Enterprise Market of the Shenzhen Stock Exchange.

This listing marks a new starting point for high-quality development and paves the way for a new phase in the company's journey.


For this public stock offering, the company issued 118.46 million shares, all new shares, at an issuance price of 7.33 yuan per share, raising 868 million yuan in new funds.

On the opening day, after the bidding concluded, SFC's shares surged by an impressive 189%, closing at 21.2 yuan, giving the company a total market value of 15.9 billion yuan.

Such performance on the opening day, especially in the sluggish A-share market of 2023, clearly reflects the capital market's confidence in SFC's future growth!


SFC originated from Suntek Solutions, a software company founded in Toronto, Canada, in 2001.

In 2007, the company established a cross-border e-commerce firm in Shenzhen, which evolved into an export cross-border e-commerce logistics business in 2009.

Over the years, SFC has utilized cross-border e-commerce retail as its core, steadfastly relying on software technology to enhance cross-border trade efficiency through data intelligence, building a cross-border e-commerce ecosystem, and positioning itself as a tech company committed to making cross-border trade easier through technology and innovation.


As Chairman Mr. Sun Zhongbin eloquently put it during the listing ceremony:

"In e-commerce, we source high-quality goods from China and cater to the diverse needs of global consumers through various overseas platforms.

Our goal is to ensure global consumers experience the same convenience and diversity in online shopping as those in China.

Regarding logistics, we've leveraged our years of expertise in warehousing, order fulfillment, and cross-border logistics to offer top-notch China-direct services to cross-border e-commerce sellers.

Our aim is to deliver orders from China to global consumers within seven days.

In software, our data scientists and engineers, leveraging years of e-commerce operational experience and big data, and utilizing large language models (LLM) and image CV algorithms, have trained a multi-modal large model named "ERiC" which will offer product risk detection services for cross-border e-commerce businesses in the future.

Our objective is for the AI model to understand various international laws and policies, offering expert opinions on product compliance and safety.

It has already prioritized learning about millions of global trademarks, invention patents, appearance patents, select environmental laws, animal protection laws, and platform rules such as Amazon."


SFC has always been committed to refining its cross-border e-commerce ecosystem to realize our vision of "making trade easier".

SFC is currently a wisdom-driven cross-border retail enterprise with 800 employees. Our vision is to allow global consumers to enjoy the convenience brought by Chinese manufacturing.

Through software, we enhance efficiency; through data science, we achieve business intelligence; with technology and innovation, we improve the efficiency of trade, making trade easier.

Looking ahead, SFC will not only achieve more financial profits but will also excel in human environment, social responsibility, and corporate governance.

We aim to create greater value for customers, shareholders, employees, and society.

Today, as SFC Holdings becomes a public company and lists on the Growth Enterprise Market, we're setting off on an entirely new journey!