On August 20, ZTO EXPRESS-W (02057) announced its Q2 2025 financial results. The financial report shows that in the second quarter, ZTO completed 9.85 billion parcels, representing a 16.5% year-over-year increase, with market share rising 0.6% quarter-over-quarter. The quarterly loose parcel business volume increased by over 50% year-over-year. Revenue reached 11.83 billion yuan, up 10.3% year-over-year. Adjusted net profit was 2.1 billion yuan, while net cash generated from operating activities amounted to 2.2 billion yuan.