ZTO Express (Cayman) Inc. (ZTO Express) has filed its Monthly Return for the period ended 31 July 2026 with the Hong Kong Stock Exchange, highlighting a net reduction in outstanding Class A ordinary shares and confirming adherence to public-float requirements.

Key Highlights

1. Share Capital Structure • Authorised share capital remained unchanged at 10 billion shares (USD 1.00 million total par value), comprising 8 billion Class A, 1 billion Class B, and 1 billion undesignated weighted-voting-rights (WVR) shares.

2. Issued Shares • Outstanding Class A shares fell by 6.47 million to 557.33 million following cancellation of shares repurchased on the New York Stock Exchange between 20 May and 6 July 2026. • The reduction represents approximately 1.15 % of the Class A share base. • Class B shares were unchanged at 206.10 million. • Total issued shares across all classes stand at 763.43 million.

3. Share Repurchase Activity • The cancelled shares correspond to 6.47 million American Depositary Shares (ADSs) formally retired on 29 July 2026 under mandates approved on 17 June 2025 and 16 June 2026. • No treasury shares were held at month-end.

4. Convertible Instruments • Convertible Senior Notes due 2027: USD 17.75 million principal outstanding, convertible into up to 0.63 million Class A shares at USD 28.3076 per share. • Convertible Senior Notes due 2031: USD 1.50 billion principal outstanding, convertible into up to 49.25 million Class A shares at USD 30.4589 per share. • No conversions occurred during July; potential dilution stood at 49.88 million Class A shares.

5. Public Float • ZTO Express confirmed compliance with the Main Board’s minimum 25 % public-float threshold for its listed Class A shares as of 31 July 2026.

The filing indicates disciplined capital management through ongoing buybacks while preserving regulatory compliance and transparency regarding potential dilution from outstanding convertible notes.