Shengfeng Development Ltd (SFWL) — SEC Filings
Shengfeng Development Ltd (SFWL) — 12 SEC filings. Latest: 20-F (Mar 27, 2026). Includes 5 6-K, 3 20-F, 2 SC 13G.
View Shengfeng Development Ltd on SEC EDGAR
Overview
Shengfeng Development Ltd (SFWL) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 20-F filed on Mar 27, 2026: SHENGFENG DEVELOPMENT Ltd (SFWL) filed its 20-F for the fiscal year ended December 31, 2025, detailing its corporate structure and recent strategic expansions. The company, a Cayman Islands holding entity, conducts its primary logistics and supply chain operations in China through its Variable Inter
Sentiment Summary
Across 12 filings, the sentiment breakdown is: 11 neutral, 1 mixed. The dominant filing sentiment for Shengfeng Development Ltd is neutral.
Filing Type Overview
Shengfeng Development Ltd (SFWL) has filed 3 20-F, 5 6-K, 1 SC 13G/A, 2 SC 13G, 1 20-F/A with the SEC between Feb 2024 to Mar 2026.
Filings by Year
Recent SEC Filings (12)
| Date | Form | Description | Risk |
|---|---|---|---|
| Mar 27, 2026 | 20-F | SFWL Expands Tech & Vietnam Footprint in 2025, Bolstering Logistics | medium |
| Aug 27, 2025 | 6-K | Shengfeng Development Ltd Files 6-K with Financials | low |
| Jun 3, 2025 | 6-K | Shengfeng Development Director Resigns | low |
| Mar 28, 2025 | 20-F | SHENGFENG DEVELOPMENT Ltd Files 2024 Annual Report | medium |
| Oct 22, 2024 | SC 13G/A | SC 13G/A Filing | |
| Sep 4, 2024 | 6-K | Shengfeng Development Files 6-K with Financials | low |
| Jul 31, 2024 | SC 13G | SC 13G Filing | |
| May 21, 2024 | 6-K | Shengfeng Development Holds 2024 Annual Meeting | low |
| May 2, 2024 | 6-K | Shengfeng Development Ltd Files 6-K for 2024 AGM | low |
| Apr 22, 2024 | 20-F/A | Shengfeng Development Ltd Files Amendment to Annual Report | low |
| Mar 29, 2024 | 20-F | Shengfeng Development Ltd Files 20-F Annual Report | low |
| Feb 14, 2024 | SC 13G | SC 13G Filing |
Risk Profile
Risk Assessment: Of SFWL's 9 recent filings, 0 were flagged as high-risk, 2 as medium-risk, and 7 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Key Executives
- Yongxu Liu
- Guoping Zheng
- Charlotte Westfall, Esq.
- Dan Liu
Industry Context
SHENGFENG DEVELOPMENT Ltd operates in the highly competitive global logistics and supply chain management sector, which is increasingly influenced by technological advancements and the need for efficient, integrated solutions. The company is also venturing into the software and technology consulting space, a rapidly evolving market characterized by innovation and significant growth potential. Expansion into Southeast Asia, specifically Vietnam, reflects a broader trend of companies seeking to diversify their operational bases and tap into emerging economic hubs.
Top Tags
6-K (2) · foreign-private-issuer (2) · agm (2) · Annual Report (2) · Shengfeng Development (2) · SFWL (2) · SEC Filing (2) · Logistics (1) · China VIE (1) · International Expansion (1)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net proceeds from IPO | $8.5M | Raised from the IPO completed on April 4, 2023, after deducting underwriting discounts and offering expenses. |
| Class A Ordinary Shares outstanding | 40,617,513 | As of December 31, 2025, indicating public float. |
| Class B Ordinary Shares outstanding | 41,880,000 | As of December 31, 2025, primarily held by Shengfeng International Limited, indicating significant insider control. |
| Class A Ordinary Shares offered in IPO | 2,400,000 | At a public offering price of $4.00 per share on April 4, 2023. |
| Class A Ordinary Shares exercisable by warrant | 144,000 | Issued to Univest Securities, LLC, exercisable at $4.46 per share. |
| Class A Ordinary Shares issued upon warrant exercise | 97,513 | To Univest Securities, LLC on October 25, 2023, with a cost basis of $13.815 per share. |
| Subsidiaries of Shengfeng Logistics | 46 | Consolidated under the VIE structure, conducting primary operations. |
| Year Shengfeng Logistics began operations | 2001 | Highlighting the operational history of the core business. |
| Fiscal year ended | 2025 | The period covered by this 20-F annual report. |
| Ownership of Fujian Yunlian Shengfeng Industry Co., Ltd. by Yongxu Liu | 90% | This entity holds 54.58% of Shengfeng Logistics, indicating significant indirect control by the CEO. |
| Form Type | 6-K | Indicates a report of foreign private issuer |
| Fiscal Year End | 2024 | The report covers the financial performance up to this date. |
| Filing Date | 20250328 | The date the annual report was officially submitted to the SEC. |
| SEC File Number | 001-41674 | Identifies the company's filings with the SEC. |
| Class A ordinary shares outstanding | 40,617,513 | As of the date of this annual report. |
Frequently Asked Questions
What are the latest SEC filings for Shengfeng Development Ltd (SFWL)?
Shengfeng Development Ltd has 12 recent SEC filings from Feb 2024 to Mar 2026, including 5 6-K, 3 20-F, 2 SC 13G. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of SFWL filings?
Across 12 filings, the sentiment breakdown is: 11 neutral, 1 mixed. The dominant sentiment is neutral.
Where can I find Shengfeng Development Ltd SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Shengfeng Development Ltd (SFWL) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Shengfeng Development Ltd?
Financial highlights for Shengfeng Development Ltd are available when 10-K or 10-Q filings are enriched with AI analysis. Check back as new filings are processed.
What is the investment thesis for SFWL?
The investment thesis for SFWL includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Shengfeng Development Ltd?
Key executives identified across Shengfeng Development Ltd's filings include Yongxu Liu, Guoping Zheng, Charlotte Westfall, Esq., Dan Liu.
What are the main risk factors for Shengfeng Development Ltd stock?
Of SFWL's 9 assessed filings, 0 were flagged high-risk, 2 medium-risk, and 7 low-risk.
What are recent predictions and forward guidance from Shengfeng Development Ltd?
Forward guidance and predictions for Shengfeng Development Ltd are extracted from SEC filings as they are enriched.