SF Holdings continued to plummet, pulling back 46% from the highest level. I chose to add a position. SF is a leading enterprise in China logistics industry. Not only the service attitude is good, but also the charges are reasonable, which has a very good reputation among consumers. SF has not only contributed to the national development, but also solved the social employment pressure, and made due positive contributions to the sustained and healthy development of the national economy.

However, SF Holdings continued to plummet, pulling back 46% from the highest level. I think there are two main reasons for the recent decline of SF shares. One is SF's own reasons. SF 202 1 First quarter performance forecast shows that SF expects a net profit loss of 900 million yuan in the first quarter? 11million yuan, but the profit in the same period last year was 907 million yuan. This is the transcript of the first huge loss since SF went public. After the announcement, SF's share price fell at the opening.

Wang Wei, chairman and general manager of SF Express, apologized to shareholders at the shareholders' meeting and promised that the first quarter was not well managed. He admitted his negligence in management and promised that similar problems would not happen again. According to Wang Wei's explanation, the main reason for SF's loss in the first quarter was that the growth rate of aging products was less than expected and the company's cost increased due to strategic investment. Besides, this year? Don't close the door during the Spring Festival? This policy has also led to the soaring operating costs of SF. He said it would be better in the second quarter, so don't worry.

The second reason, I think, is that the overall performance of the A-share market is not good. Many stocks have fallen sharply compared with the same period last year. Both the stock market and the fund market are crying. I believe that friends who have paid attention to the stock market or fund market can see a lot of spit on the Internet every day. Not only SF Express, but also the market value of the whole express delivery industry is falling.

I chose to add positions at this time, mainly because SF is the leading enterprise in the whole express delivery industry anyway. Now that the economy has recovered, people will shop online more and more frequently. Moreover, the general manager of SF has promised not to lose money in the second quarter. So I am optimistic about the future development of SF. The share price will definitely go up.