ZTO Express (Cayman) Inc. (Stock code: 02057) released a Next Day Disclosure Return dated 12 November 2025. According to the announcement, the total number of Class A ordinary shares remains at 598,368,490. The most recent closing balance on 11 November 2025 shows no change from the previous 598,368,490 Class A shares.

The document discloses a series of share repurchases from 24 September to 11 November 2025 (U.S. time), covering multiple American Depository Share transactions on the New York Stock Exchange at various prices in the range of approximately USD 18.48 to USD 19.60. These repurchases have not yet led to a reduction in the total number of Class A ordinary shares. As of 11 November 2025, a total of 8,049,306 shares have been repurchased under the repurchase mandate approved on 17 June 2025, representing about 1.0006% of the issuer’s shares as of the date of the mandate resolution.

The announcement notes a moratorium period lasting until 11 December 2025, during which no new share issuances or treasury share disposals will be undertaken without prior approval. The company confirms that all repurchases complied with relevant regulations and were duly authorized by the board of directors.