--- title: "SF INTRA-CITY annual revenue 22.9 billion: net profit 280 million CFO Chen Xiwen promoted to co-CEO" type: "News" locale: "en" url: "https://longbridge.com/en/news/281445648.md" description: "SF INTRA-CITY released its 2025 financial report, with annual revenue of 22.9 billion yuan and a net profit of 280 million yuan, an increase of 45.4% compared to the previous year. The revenue from intra-city delivery was 13.467 billion yuan, and the revenue from last-mile delivery services was 9.432 billion yuan. The gross profit was 1.444 billion yuan, with a gross profit margin of 6.3%. At the same time, CFO Chen Xiwen was promoted to co-CEO, leading the company alongside Sun Haijin. Chen Xiwen has 22 years of financial and management experience and previously served as an audit manager at KPMG" datetime: "2026-04-02T01:25:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281445648.md) - [en](https://longbridge.com/en/news/281445648.md) - [zh-HK](https://longbridge.com/zh-HK/news/281445648.md) --- # SF INTRA-CITY annual revenue 22.9 billion: net profit 280 million CFO Chen Xiwen promoted to co-CEO Leidi Network, Lei Jianping, April 1 SF INTRA-CITY (stock code: "9699.HK") recently released its financial report for the period ending December 31, 2025. The report shows that SF INTRA-CITY's revenue for 2025 is 22.9 billion yuan, an increase of 45.4% compared to 15.746 billion yuan in the same period last year. In 2025, SF INTRA-CITY's revenue from intra-city delivery is 13.467 billion yuan, up 47.6% from 9.12 billion yuan in the same period last year; revenue from last-mile delivery services is 9.432 billion yuan, an increase of 42.4% from 6.625 billion yuan in the same period last year. In 2025, SF INTRA-CITY's gross profit is 1.444 billion yuan, with a gross profit margin of 6.3%. In 2025, SF INTRA-CITY's sales and marketing expenses are 267 million yuan, research and development expenses are 115 million yuan, and administrative expenses are 830 million yuan. In 2025, SF INTRA-CITY's operating profit is 278 million yuan, and profit for the year is 277 million yuan. Appointment of CFO Chen Xiwen as Co-CEO SF INTRA-CITY also announced the appointment of Chen Xiwen as Co-CEO, who will work alongside Sun Haijin to play a core leadership role in the group's strategic planning and operational management. Chen Xiwen's roles as Executive Director and Chief Financial Officer remain unchanged. Sun Haijin continues to serve as the company's Executive Director, Chairman of the Board, and CEO. According to information, Chen Xiwen is 44 years old and serves as the company's Executive Director, Chief Financial Officer, and a director and supervisor of several subsidiaries. He was one of the co-secretaries of the company until December 17, 2024. He has over 22 years of experience in corporate finance, finance, and management, and has participated in the listing of SF Holding Group and multiple equity financing projects. Chen Xiwen joined SF Holding Group in February 2014 and has served as a financial analysis expert in the finance department, deputy director of financial analysis, and head of the investor relations department from February 2014 to February 2023 Chen Xiwen served at KPMG (Beijing and Hong Kong offices) from August 2003 to December 2009, ultimately holding the position of Audit Manager. Chen Xiwen obtained a Bachelor’s degree in Accounting from City University of Hong Kong in November 2003 and a Master’s degree in Business Administration from Saïd Business School, University of Oxford in November 2013. Mr. Chen has been recognized as a practicing accountant by the Hong Kong Institute of Certified Public Accountants since January 2008. —————————————— ### Related Stocks - [09699.HK](https://longbridge.com/en/quote/09699.HK.md) ## Related News & Research - [Hangzhou SF Intra-city Commits RMB213 Million to New Tech-Focused Venture Fund](https://longbridge.com/en/news/285708665.md) - [11:16 ETHaier ist die einzige IoT-Ökosystemmarke der Welt, die acht Jahre in Folge in die Kantar BrandZ Top 100 aufgenommen wurde](https://longbridge.com/en/news/286792596.md) - [ZAWYA: The American University of Bahrain and American University in Washington DC sign agreement](https://longbridge.com/en/news/286672715.md) - [Samsonite Group S.A. Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next](https://longbridge.com/en/news/286620667.md) - [Tencent Music completes $2.6 billion acquisition of podcast platform Ximalaya](https://longbridge.com/en/news/286841981.md)