ZTO Express Reports 5.71 Million ADS Buyback; HKEX Share Count Unchanged Post-Repurchases

Bulletin Express
06/29

ZTO Express (Cayman) Inc. disclosed that it repurchased a total of 5,711,552 American depositary shares (ADSs), each representing one Class A ordinary share, on the New York Stock Exchange between 20 May and 26 June 2026 at prices ranging from USD 21.63 to USD 22.93 per ADS.

The most recent transaction was executed on 26 June 2026, when 227,599 ADSs were bought back at USD 21.83–22.04, for an aggregate consideration of USD 4.99 million. All purchased shares are intended for cancellation.

Issued Share Capital • Opening and closing balances on the Hong Kong Stock Exchange (HKEX) remained at 563.80 million Class A ordinary shares as of 25 June and 26 June 2026, respectively. • Including 206.10 million Class B ordinary shares, the company’s total share capital stands at 769.90 million shares. • The repurchased ADSs have not yet been cancelled; hence, they are excluded from the HKEX share count at the reporting date.

Repurchase Mandate Utilisation • A new share-repurchase mandate, approved on 16 June 2026, authorises ZTO Express to buy back up to 76.60 million shares. • From 16 June to 26 June 2026, the company repurchased 1,810,421 ADSs under this mandate, equivalent to 0.24% of the issued share base at the mandate date. • A 30-day moratorium on new share issues or treasury-share sales applies until 26 July 2026, in line with HKEX requirements.

Regulatory Compliance The board confirmed that all repurchases were conducted in accordance with Hong Kong Main Board Rule 10.06 and relevant U.S. exchange regulations, with full receipt of consideration and no changes to previously disclosed information.

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