On 17 October 2025, ZTO Express (Cayman) Inc. (02057), a company controlled through weighted voting rights, released a Next Day Disclosure Return confirming that the total number of Class A ordinary shares remained at 598,368,490 as of 16 October 2025. There was no change in the issued share capital noted for that date.

According to the disclosure, a series of share repurchases was conducted from 24 September to 16 October 2025, involving American depository shares representing Class A ordinary shares. These transactions spanned multiple trading days, each with different repurchase volumes and prices, reflecting the company’s continuing buyback activity over that period.

The documents indicate that as of the date of the repurchase mandate on 17 June 2025, the issuer was authorized to repurchase up to 80,446,849 shares. By 16 October 2025, the total number of shares repurchased on the Exchange or other stock exchanges stood at 4,622,168, representing approximately 0.5746% of the total outstanding shares at the time the mandate was granted. The issuer also disclosed a 30-day moratorium on new share issuances or sales of treasury shares following certain repurchases, lasting until 15 November 2025.