J&T Global Express Limited (J&T Express) released its unaudited operating update for the quarter ended 31 March 2026, highlighting double-digit parcel-volume expansion and capacity additions across key regions.

Total Volume and Growth • Group parcel volume reached 8.33 billion pieces in Q1 2026, up 26.2% from 6.60 billion a year earlier. • Average daily parcels handled rose to 92.50 million from 73.30 million.

Regional Performance • Southeast Asia (SEA): Volume nearly doubled to 2.77 billion pieces, a 79.9% surge, propelled by Ramadan-related e-commerce demand. • China: Shipments grew 8.4% to 5.40 billion pieces as network optimisation improved partner productivity. • Other markets: Volume jumped 100.5% to 153.60 million pieces, reflecting continued international expansion.

Network Footprint (as of 31 March 2026 versus 31 December 2025) • Network partners: 6,500 globally, unchanged overall; China trimmed by 100 to 5,100 following efficiency measures, while SEA held steady at 1,400. • Outlets: Expanded by 200 to 19,500. Growth was led by “Others,” which added 400 locations to 2,400; China reduced 200 to 6,300 after restructuring. • Sorting centres: Increased by 9 to 255, with 4 additions in SEA and 5 in “Others” to meet rising volumes. • Automated sorting machines: Up by 9 sets to 422, entirely in SEA. • Line-haul vehicles: Fleet in SEA expanded by 400 to 6,200, supporting festive-season demand; China’s fleet contracted by 400 to 6,800 following optimisation.

Management indicated that Ramadan promotions were a key catalyst for SEA growth, while strategic network refinements in China aimed to lift partner efficiency. All figures are unaudited and subject to potential adjustments.

J&T Express will host a conference call on 13 April 2026 at 8:30 a.m. (Beijing/Hong Kong time) to discuss the operating results.