Connect with us

Technology

Neutral Position Drives High-Quality Growth Across All Scenarios: SF Intra-city (9699.HK) Releases Positive Profit Alert for First Half 2026

Published

2 months ago

on

HONG KONG, Aug. 4, 2026 /PRNewswire/ — Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city” or the “Group”; Stock Code: 9699.HK), the largest third-party on-demand delivery service provider in China, is pleased to announce that the Group expects for the six months ended 30 June 2026 (the “Period”): (i) the profit attributable to owners of the Company for the Period is expected to be not less than RMB301 million, representing an increase of not less than 120% as compared with the corresponding period of last year;(ii) the adjusted net profit[1] for the Period is expected to be not less than RMB240 million, representing an increase of not less than 50% as compared with the corresponding period of last year; and(iii) the revenue of the Group for the Period is expected to be not less than RMB11,669 million, representing an increase of not less than 14% as compared with the corresponding period of last year.

The steady growth in the Group’s performance as mentioned above was mainly attributable to: (i) the Group has remained committed to its operating objective of achieving healthy and high-quality development, with both order volume and revenue continuing to grow; (ii) leveraging its positioning as an independent and open third-party platform, together with high-quality and reliable full-scenario fulfilment services, the Group has continued to earn the long-term trust of its customers and deepen its diversified and positive cooperation with customers, driving resilient growth in its business operations; (iii) benefiting from further enhancement of economies of scale, optimisation of resource input strategies, refined rider network operations and the application of AI technologies to improve coordination and efficiency across the value chain from front-end customer acquisition to network operations and back-end resource input, the Group achieved an improvement in gross profit margin, which in turn contributed to profit growth; and (iv) the Group’s core business maintained healthy growth momentum, and the Group’s investment-related income for the Period is also expected to rise.

In the first half of 2026, leveraging its neutral and open service positioning and full-scenario fulfilment capabilities, SF Intra-city catered to diverse demands covering food delivery, on-demand retail, intra-city errand services and terminal logistics, consolidating the Group’s growth foundation. Multiple consumption peaks overlapped in the period, including the 618 Shopping Festival, FIFA World Cup and Dragon Boat Festival. Demand for home shopping, event viewing, cultural tourism and festival gifts surged across all scenarios. During major promotion cycles, the average daily orders of SF Intra-city rose by 20% year-on-year during the 618 shopping promotion period; Exclusive Delivery orders on Dragon Boat Festival surged more than 120% year-on-year, personal delivery orders at major cultural tourism destinations multiplied, and fresh produce orders also climbed substantially. Meanwhile, the Group continued to expand all-round partnerships with live-stream e-commerce platforms, chain brands and private-domain merchants, expanding client coverage via a dual layout of public and private domain channels and achieving diversified upgrading of customer cooperation. It also deepened resource collaboration with SF Holding to provide partner brands with integrated supply chain solutions covering “warehousing + transshipment + intra-city delivery” and assisted the upgrading of traditional logistics systems with its terminal delivery capabilities.

While multi-channel operations maintained positive momentum in the first half of the year, SF Intra-city steadily consolidated its delivery capacity foundation and drove operational efficiency gains via digital and intelligent upgrades. Continued expansion of its footprint in lower-tier markets lifted network-wide order density, driving continuous improvements in average delivery mileage and per-order fulfilment costs. During the period, AI intelligent dispatching achieved full coverage, while unmanned delivery was rolled out at a faster pace, lifting the platform’s overall operational efficiency. The implementation of unmanned delivery technologies and expansion of applicable scenarios moved forward in an orderly fashion, continuously strengthening the Group’s underlying digital and intelligent technology capabilities. The Group’s order volume continued to grow in the first half of the year, enabling full release of economies of scale.

The medium- and long-term outlook for the on-demand delivery industry remains upbeat. Industry data indicates that China’s domestic on-demand retail market size will exceed RMB 1 trillion in 2026. Total order volumes are set to maintain rapid growth, and the “everything delivered to home” trend boasts broad long-term growth potential. As a leading independent third-party on-demand delivery service provider in China, SF Intra-city will continue to capture the dividends of full-scenario fulfilment for local life services, further expand intra-city delivery scenarios, deepen last-mile logistics synergies within the Group, and steadily advance the implementation of digital, intelligent and unmanned delivery technologies. The business is poised to sustain a pattern of high-quality growth.

[1] Adjusted net profit represents profit attributable to owners of the Company excluding share-based compensation expenses, share of profit of a joint venture accounted for using the equity method, fair value changes on financial assets at fair value through profit or loss and the related income tax effects.

About Hangzhou SF Intra-city Industrial Co., Ltd. (Stock code: 9699.HK)

SF Intra-city focuses on the emerging opportunities of intra-city on-demand delivery services. Since 2019, SF Intra-city has operated as an independent legal entity to capture the growth opportunities arising from new consumption trends. SF Intra-city adopts a multi-scenario business model, providing full coverage of delivery scenarios for all types of products and services. The Company’s 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 it to respond to evolving customer needs resulting from the development and upgrading of the local consumer market. For more details, please visit the Company’s website: https://ir.sf-cityrush.com/en/investor-relations/

View original content:https://www.prnewswire.com/apac/news-releases/neutral-position-drives-high-quality-growth-across-all-scenarios-sf-intra-city-9699hk-releases-positive-profit-alert-for-first-half-2026-302841748.html

SOURCE SF Intra-city

Related Topics:
Continue Reading

Technology

New website helps parents get kids active and reduce their screen time

Published

7 minutes ago

on

September 22, 2026

By

CALGARY, AB, Sept. 21, 2026 /CNW/ — Active for Life today launched ItsChildsPlay.ca, a free website that shows parents how to get their kids moving and off their screens.

The World Health Organization identifies physical activity as essential to health and well-being from the earliest years. Science finds that play builds executive function, social skills like negotiation and cooperation, motor development, and the ability to regulate stress and anxiety. Yet most Canadian children and youth fall well short:

80% do not get the recommended two hours of daily active play.63% do not get the recommended 60 minutes of daily physical activity.

Parents know these facts, but many remain uncertain about how to get their children moving, especially so when overwhelmed with the struggle to limit their children’s screen time.

ItsChildsPlay.ca provides practical solutions that show parents how easy it is to engage in fun activities with their children at home without costly equipment, struggle or stress.

ItsChildsPlay.ca was created by Active for Life, a web-based initiative that helps educators and parents build active play into children’s lives. The site is being promoted with a series of radio ads across Canada, with help from the Pro Bono Group.

Quotes

“For fifteen years, parents have been telling the Active for Life team that getting children to engage in active play is hard. We understand the challenge,” said Richard Monette, who leads Active for Life. “This is why we built ItsChildsPlay.ca: a resource for parents that’s easy to use, takes minutes a day and is good for their child’s body and mind.”

Associated Links

World Health Organization:

WHO Guidelines on Physical Activity and Sedentary Behaviour [Link]Guidelines on physical activity, sedentary behaviour and sleep for children under 5 years of age [Link]

Benefits of active play:

American Academy of Pediatrics clinical report “The Power of Play” [Link]UNICEF “Learning through play” [Link]OECD “Play!” report [Link]

Level of physical activity and active play in children:

ParticipACTION, Spotlight on Physical Activity for Children & Youth: 2026 Progress Report [Link]

Profiles

Active for Life

Active for Life is a web-based initiative that equips parents and educators with free resources and training to help children build active play habits early and manage their screen time. Doing so lays the foundation for healthy behaviours through adolescence and adulthood.

Visit website

B2ten

B2ten is a CRA-registered not-for-profit that applies a business-based approach to promote children developing a joy and pleasure of moving at an early age, active lifestyles, and athlete training and preparation services for select Canadian Olympic athletes.

Visit website

SOURCE Active for Life

Continue Reading

Technology

Ausom Fall Sale Brings Seasonal Savings on Selected Electric Scooters

Published

7 minutes ago

on

September 22, 2026

By

Limited-time savings of up to $240 are available on selected models, with an additional $100 off when purchasing two scooters.

LOS ANGELES, Sept. 21, 2026 /PRNewswire/ — Ausom, a trusted brand in electric scooters, has launched its Fall Sale campaign across the United States, running from September 8 to 30, 2026, providing special pricing on selected models for consumers seeking a more flexible and affordable way to get around this fall.

Fall brings increased demand for short-distance travel among commuters and families, from daily commutes and local errands to weekend outdoor activities. Compared with driving, electric scooters offer a practical alternative for shorter journeys, helping riders save money on gas and on parking while avoiding traffic jams and making everyday trips more efficient.

With a broad product lineup, the Ausom Fall Sale campaign supports various riding needs, including daily commuting, recreational rides, and more demanding travel conditions.

Leading this campaign is the L2 Max Dual Motor, a premium e-scooter designed for riders who prioritize performance and value. Its powerful dual-motor system delivers up to 2,688W of peak power and a top speed of 38 mph, backed by a high-capacity battery with a range of up to 56 miles. This e-scooter also features ShocFree™ suspension, a dual swingarm suspension system built with aerospace-grade materials to improve durability and absorb road impacts from uneven surfaces. Paired with puncture-resistant tubeless tires, the suspension system provides a more comfortable riding experience for outdoor adventures in the fall.

For everyday riding, the L2 Max Dual Motor is equipped with dual disc brakes with E-ABS for responsive braking, along with a full lighting system for enhanced visibility. Practical features such as a hidden AirTag mount and NFC and passcode unlocking add convenience and security to daily rides.

Beyond the L2 Max Dual Motor, the campaign also highlights the DT2 Pro and Gosoul 2 Pro Dual Motor, offering additional options for riders looking for different levels of performance and versatility. For outdoor enthusiasts requiring greater range and performance, the DT2 Pro off-road e-scooter stands out with a 71-mile range, 2,912W of peak power, and a top speed of 40 mph. Building on the L2 Max Dual Motor’s practical feature set, the DT2 Pro upgrades the braking system to hydraulic disc brakes with E-ABS for stronger stopping power and better control.

The Gosoul 2 Pro Dual Motor e-scooter provides an affordable entry into high-performance dual-motor riding, making it an ideal choice for riders new to this level of performance. With 2,800W of peak output, a top speed of up to 36 mph, and the ability to handle inclines of up to 33%, it is a capable electric scooter for short trips, tackling hilly routes and varied terrain during fall outings. The 56-mile range supports short-distance round trips, and its foldable design allows it to be combined with public transportation for greater travel flexibility.

During the 23-day promotion, selected Ausom electric scooters will be available at limited-time discounts, with savings of up to $240. Among the participating models, the DT2 Pro, L2 Max Dual Motor, and Gosoul 2 Pro Dual Motor will offer discounts of $240, $180, and $150, respectively. Consumers purchasing two scooters can also enjoy an additional $100 off.

Fall Sale Promotional Prices:

DT2 Pro: $1,109 per scooter; $1,099 each when buying twoL2 Max Dual Motor: $869 per scooter; $819 each when buying twoGosoul 2 Pro Dual Motor: $849 per scooter; $799 each when buying two

For more information about the sale and participating models, consumers can visit Ausom’s official website.

About Ausom

Founded by adventurers and experts, Ausom is dedicated to igniting the spirit of exploration in everyone. We design and build premium electric scooters that empower riders to break boundaries, redefine their commute, and embrace the thrill of the ride. Every Ausom product reflects our commitment to excellence and innovation, delivering unforgettable experiences on two wheels.

Instagram: @ausomstore
Website: ausomstore.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ausom-fall-sale-brings-seasonal-savings-on-selected-electric-scooters-302885386.html

SOURCE Ausom Electric Scooter

Continue Reading

Technology

TICA Showcases Integrated Data Center Cooling Solutions at ENGINEER & MARVEX 2026, Supporting AI Infrastructure Growth in Southeast Asia

Published

7 minutes ago

on

September 22, 2026

By

KUALA LUMPUR, Malaysia, Sept. 22, 2026 /PRNewswire/ — TICA joins leading industry players at ENGINEER & MARVEX 2026 in Kuala Lumpur from September 22–25, showcasing its integrated data center cooling solutions and reinforcing its commitment to the rapidly growing Southeast Asian data center market.

Malaysia is a strategic gateway for TICA’s global development. Since its Malaysia factory commenced operations in 2019, TICA has continued to strengthen its regional presence. To date, TICA has supplied solutions to major projects across Southeast Asia, including Infineon, Western Digital, and Singapore Changi Airport. TICA’s systems have emerged as a preferred competitive option across high-end manufacturing, semiconductor and, increasingly, data center cooling applications.

At ENGINEER & MARVEX, TICA highlights its capabilities as an AIDC full-chain thermal management expert, going beyond individual equipment to deliver an integrated cooling solution across the entire chain through its self-developed product portfolio. Covering primary-side cooling sources, secondary-side precision cooling and liquid cooling, TICA provides end-to-end delivery from the cooling source to the IT rack, supporting the implementation of integrated air-liquid and multi-mode liquid cooling architectures.

As AI drives increasingly dense computing loads, scalable and engineered liquid cooling is becoming essential for the next generation of data centers. TICA addresses this evolving demand with full-chain self-developed products and customized solutions across diverse application scenarios, enabling flexible and reliable cooling architectures for high-density AI infrastructure. 

At the exhibition, TICA’s data center solution model brings these capabilities together in a complete thermal management system, with solutions designed to support next-generation platforms including GB300-class AI computing. Designed for Southeast Asia’s operating conditions, TICA’s solutions address the region’s high ambient temperatures, high humidity and growing demand for high-density AI infrastructure, providing adaptable solutions to balance performance, scalability, energy efficiency and water-conscious operation.

With professional expertise in high-precision air treatment, TICA serves more than 7,000 hospitals, 5,000+ GMP-certified pharmaceutical plants, 3,000+ semiconductor & electronics manufacturing enterprises and 1,000+ new energy companies across 100+ countries.

In data centers, TICA’s air-liquid integrated cooling solutions have been applied in more than 100 large-scale projects, with over 12,000 fan walls and 10,000 high-performance chillers delivered globally, serving industry leaders including Amazon, Alibaba and TikTok.

Through ENGINEER & MARVEX 2026, TICA is strengthening engagement with data center partners across Southeast Asia, demonstrating how full-chain thermal management capabilities and customized cooling solutions can support the region’s next generation of AI and data center infrastructure.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tica-showcases-integrated-data-center-cooling-solutions-at-engineer–marvex-2026-supporting-ai-infrastructure-growth-in-southeast-asia-302885405.html

SOURCE TICA

Continue Reading

Trending