The company name of SF is SF Holdings Limited, Shenzhen Mingde Holdings Development Co., Ltd. is the parent company and ultimate holding company of SF Holdings, and Wang Wei is the legal representative of Shenzhen Mingde Holdings Development Co., Ltd., holding most of the shares of Mingde Holdings, so SF is a private enterprise, not a state-owned enterprise.
Established in 1993, SF Holdings Limited is a leading integrated express logistics service provider in China and a top 500 enterprise in China.