PHIP

	S.F. Holding Co., Ltd.
	YOU SHOULD READ THE WARNING IN THE DOCUMENT.

►	Warning
►	Important
►	Expected Timetable
►	Contents
►	Summary
►	Definitions
►	Glossary of Technical Terms
►	Forward-Looking Statements
►	Risk Factors
►	Waivers and Exemptions
►	Information About this Document and the [REDACTED]
►	Directors, Supervisors and Parties Involved in the [REDACTED]
►	Corporate Information
►	Industry Overview
►	Regulatory Overview
►	History, Development and Corporate Structure
►	Business
►	Directors, Supervisors, Senior Management and Employees
►	Relationship with the Controlling Shareholders
►	Connected Transactions
►	Substantial Shareholders
►	Share Capital
►	Financial Information
►	Future Plans and Use of [REDACTED]
►	[REDACTED]
►	Structure of the [REDACTED]
►	How to Apply for [REDACTED]
►	Appendix I Accountant's Report
►	Appendix IA Unaudited Interim Condensed Consolidated Financial Information
►	Appendix II Unaudited [REDACTED] Financial Information
►	Appendix III Summary of Articles of Association
►	Appendix IV Statutory and General Information
►	Appendix V Documents Delivered to the Registrar of Companies and Available on Display